Commerical Property & Casualty Senior Agency Compensation Analyst

EMC Insurance Companies

31d•$78,726 - $119,646•Remote

About The Position

Responsible for administration and analysis of agency compensation programs by collecting, validating, and reporting compensation data while maintaining accurate records and overseeing program implementation. Evaluates reports and dashboards, researches data discrepancies, and ensures compliance with company policies and regulatory requirements. Collaborates with cross-functional teams to support compensation initiatives, enhance process efficiency, and deliver timely, accurate information to stakeholders. Leads the compensation team in strategic initiatives to optimize program effectiveness and drive continuous improvement through. Serves as subject matter expert.

Requirements

Bachelor’s degree, preferably in finance, business, or related field, or equivalent relevant experience
Five years of experience in compensation analysis, including 2 years’ agency compensation experience
Experience with data analysis and reporting
Prior insurance or financial services experience
Knowledge of the property and casualty insurance industry and independent agency operations
Excellent verbal and written communication skills, including the ability to present information clearly
Excellent analytical, problem-solving, critical thinking, and organizational abilities
Effective interpersonal skills and ability to work collaboratively within teams
Ability to read and interpret agency-company contracts and compensation agreements preferred
Knowledge of reporting or visualization tools preferred
Excellent Microsoft Office Suite skills, including proficiency with spreadsheets and data management tools

Nice To Haves

Ability to read and interpret agency-company contracts and compensation agreements
Knowledge of reporting or visualization tools

Responsibilities

Collects, audits, validates, and maintains agency compensation data from internal systems and external sources to ensure accuracy and completeness.
Researches discrepancies in compensation records.
Evaluates reports on agency compensation, performance metrics, and payout calculations for business stakeholders.
Leads the maintenance and documentation of compensation models, agreements, and related materials.
Leads the rollout and administration of new and/or updated compensation programs, including system setup and testing.
Partners with agency partners and internal business teams on compensation related inquiries; leads and resolves assigned issues.
Communicates technical system or cross team impacting issues and recommended resolution to leader.
Maintains dashboards and reporting tools to track compensation usage, accuracy, and program adoption.
Leads and partners with internal teams in defining and documenting business requirements, including developing UAT testing scenarios of Duck Creek for technical teams.
Participates in process improvement initiatives and collaborates with cross-functional teams to support compensation program efficiency and effectiveness.
Ensures all agency compensation programs and agreements comply with state and federal regulations, including EMC’s internal systems.
Collaborates with Legal and Compliance to address regulatory changes and mitigate risk.
Develops and maintains documentation of agency compensation policies, procedures, and compliance protocols to support transparency and audit readiness.
Drives continuous improvement by identifying EMC opportunities to enhance compensation programs, tools, and communication strategies.
Attends industry workshops, webinars, and conferences on agency compensation trends and regulatory updates.

Benefits

life, medical, dental, vision and prescription drug coverage
Competitive paid time off plan
full day of volunteer time off annually
401(k) plan match
pension plan
OneEMC bonus plan
recognition and anniversary awards
Professional development and growth opportunities
tuition reimbursement
Wellness initiatives to improve team member well-being and reduce health insurance costs