Agency Compensation Analyst

Kaeppel Consulting•Erie, PA

2d•Onsite

About The Position

Kaeppel Consulting is in immediate need of an Agency Compensation Analyst in the Erie, PA area! Position Summary The Agency Compensation Analyst is responsible to Administer Agent compensation, loan, and SitCom programs. Works with the IT Division and/or Agency Strategic Reporting section to support the creation and maintenance of Agent production reporting. Communicates with field and Home Office management regarding data analysis, Agent compensation, 1099's, and special incentive programs and deductions.

Requirements

Bachelor’s degree in Finance, Accounting, Business Administration, or a related field preferred
1–3 years of experience in compensation analysis, commissions administration, finance, or sales operations preferred
Understanding of commission structures and incentive compensation programs
Strong analytical and problem-solving skills
High attention to detail and accuracy
Proficiency in Microsoft Excel, including formulas and data analysis
Experience with payroll or accounting preferred
Strong organizational and time management skills
Excellent written and verbal communication skills
Ability to manage multiple deadlines and priorities in a fast-paced environment
Data analysis and reporting
Attention to detail
Integrity and confidentiality with financial information
Collaboration and cross-functional teamwork

Nice To Haves

Experience within the insurance or financial services industry is a plus

Responsibilities

Administers and maintains Agent compensation programs.
Coordinates revisions to ERIE informational and operational manuals, monthly reporting, and related communication planning and implementation.
Researches and assembles litigation information for the Law Division.
Processes Agent compensation
Processes compensation updates-accelerated, reduced, and adjusted commission.
Interfaces and balances payment and reduction files.
Works interdepartmentally to ensure all commission deductions, loan payments, and required accounts payable checks are processed, balanced and remitted to the correct party.
Balances, creates, and reconciles monthly journals for commission processing.
Maintains and runs custom programs to meet compensation reporting and payment needs.
Maintains files and responds to requests for production information.
Calculates data and recommends adjustments as needed.
Validates and ensures timely and accurate loan, incentive and compensation payment information
Works with the business and IT Division to support the eliciting, recording and validating of system requirements for new and enhanced Agent compensation programs.
Updates and processes existing department programs