Compliance and Financial Consultant

Unum • Columbia, SC

1d

About The Position

When you join the team at Unum, you become part of an organization committed to helping you thrive. Here, we work to provide the employee benefits and service solutions that enable employees at our client companies to thrive throughout life’s moments. And this starts with ensuring that every one of our team members enjoys opportunities to succeed both professionally and personally. To enable this, we provide: Award-winning culture Inclusion and diversity as a priority Performance Based Incentive Plans Competitive benefits package that includes: Health, Vision, Dental, Short & Long-Term Disability Generous PTO (including paid time to volunteer!) Up to 9.5% 401(k) employer contribution Mental health support Career advancement opportunities Student loan repayment options Tuition reimbursement Flexible work environments All the benefits listed above are subject to the terms of their individual Plans. And that’s just the beginning… With 10,000 employees helping more than 39 million people worldwide, every role at Unum is meaningful and impacts the lives of our customers. Whether you’re directly supporting a growing family, or developing online tools to help navigate a difficult loss, customers are counting on the combined talents of our entire team. Help us help others, and join Team Unum today! General Summary: This position oversees all compliance, regulatory, financial and system reconciliations and implementation aspects of sales contracts and compensation. Acting as an advisor on major business opportunities, the role involves providing coaching, mentoring, and training in contracts and compensation. Additionally, it manages large and complex implementations, handles internal and external customer relationships, serves as the escalation point for significant issues, and leads business reviews and project status meetings.

Requirements

• Bachelor’s degree in Business Administration or related field or 5+ years of relevant experience is required.
• Excellent problem solving, decision-making, and analysis skills.
• Excellent verbal and written skills.
• Ability to negotiate and interact with all levels of the sales force and home office employees including senior management.
• Consults with business leaders to translate a project idea into a defined project with goals, objectives and scope.
• In-depth knowledge of the Colonial Life sales organization and sales compensation programs required.
• High degree of familiarity with Colonial Life information systems required.
• Project management experience.

Responsibilities

• Serve as the primary contact for internal and external customers to negotiate, coordinate and execute solutions while considering exposure to potential risk for Sales Contracts and Compensation.
• Communicate with team members, management and business stakeholders on status, service level analysis, issues, risk and objectives relating to compensation and contracts.
• Collaborate with IT project resources and business leaders to develop and execute project plans for multiple complex projects, to identify problems and determine solutions.
• Capability to effectively manage both quality and productivity expectations
• Represent the functional areas on cross functional projects. This can include subject matter expert consulting, implementation and testing coordination.
• Delivers results for mid to large-size project initiatives within established timeframes and quality measures.
• Apply robust project management skills and adhere to the corporate standard system development methodology (or other relevant industry methodologies) to oversee assigned projects.
• Proactively identify concern areas and take decisive action, considering the impact to both the customer and the company.
• Understand current marketplace trends and how our business can adapt to ensure we remain competitive and compliant.
• Facilitates mentoring, coaching, and development support to Sales Compensation, Sales Contracts and peers.
• Accountable for the identification, analysis and communication of legislative and regulatory changes impacting the department.
• Represent the company and serve as an expert with respect to compliance matters to regulatory agencies in regard to 1099 reporting, broker of record practices and other compensation matters.
• Ensure adherence to federal and state regulations related to 1099 reporting and federal withholding requirements.
• Ensure financial and system balancing reconciliations complies with internal audit and regulatory requirements.
• Other duties as assigned.

Benefits

• Award-winning culture
• Inclusion and diversity as a priority
• Performance Based Incentive Plans
• Competitive benefits package that includes: Health, Vision, Dental, Short & Long-Term Disability
• Generous PTO (including paid time to volunteer!)
• Up to 9.5% 401(k) employer contribution
• Mental health support
• Career advancement opportunities
• Student loan repayment options
• Tuition reimbursement
• Flexible work environments

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level