Foresters Financial
Compensation Administrator
Toronto
Sponsorship not specified$43k-$63kDetected 27 days ago
RecruitingCustomer SupportCommunicationProblem Solving
About the role
- In addition to base pay, eligible employees may participate in a discretionary variable incentive plan, results are subject to both individual and company performance.
- Please note that this posting is intended to fill an existing vacancy; however, there may be instances where more than one vacancy is available for the same role.
- Foresters Financial strives to provide an accessible candidate experience for prospective employees with different abilities.
Responsibilities
- Maintain all applicable systems with accurate producer and up-line compensation information.
- Review Debt management reports and apply established processes in order to recover outstanding producer debts, negotiate and administer special arrangements for commission debt repayment, register and manage terminated producers with debt with Vector One.
- Provide customer service support through our dedicated 1-800 line.
Requirements
- Phone support required on schedule and rotational basis.
- Requires strong ability to multi-task under pressure and time constraints to meet various deadlines while maintaining keen attention to detail.
- Knowledge of producer and up-line contracting for both Canada and the US is an asset.
- Accurate keyboarding skills with good working knowledge of Word and Excel.
- Knowledge of PMACS and PMACS web portal would be an asset.
- Ability to work within the hours of Insurance Operations (8:00am - 8:00 pm).
- Must be willing to work extended hours, evenings, and weekends during peak periods as required to meet SLA's.
Compensation
- The Compensation Administrator is accountable for ensuring that producers and up-line management in all distribution channels are compensated accurately and promptly, as per established guidelines and service levels and in accordance with state laws.
- To provide customer service at established service levels to the various distribution channels by accurately answering questions and/or resolving compensation inquiries.
- The actual base salary for this position will depend on several factors, including job-related skills, experience, and education.
- In addition to base pay, eligible employees may participate in a discretionary variable incentive plan, results are subject to both individual and company performance.
- $43,000.00 - $63,000.00
Benefits
- Education (minimum required): Post Secondary or equivalent field experience
- We embrace Inclusion, Diversity and Equity (IDE) as a core strategic objective for building strong, innovative teams in which all our employees can show up wholly and authentically as themselves.
Equal opportunity
- Employment and Inclusion - at Foresters Financial, we are committed to sustaining an equal opportunity environment for all job applicants. We embrace Inclusion, Diversity and Equity (IDE) as a core strategic objective for building strong, innovative teams in which all our employees can show up wholly and authentically as themselves.
- Foresters Financial strives to provide an accessible candidate experience for prospective employees with different abilities. If you anticipate needing any type of accommodations during the recruitment process, please email accommodations@foresters.com in advance of your appointment.
- Thank you for choosing Foresters. Only those candidates who will be selected for further consideration will be contacted by our Talent Acquisition Team.
- Employment and Inclusion - at Foresters Financial, we are committed to sustaining an equal opportunity environment for all job applicants.
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This listing is sourced directly from Foresters Financial's careers page and normalized into a canonical job model.