Field Compensation Analyst

Southern Farm Bureau Life Insurance CompanyJackson, MS
Onsite

About The Position

Southern Farm Bureau Life Insurance is seeking a Field Compensation Analyst to join their Field Compensation team. This role is crucial for maintaining and administering the SFB agency system, providing essential knowledge and support to the sales force regarding production credit, incentives, internal replacement activity, persistency, and compensation. The analyst will collaborate with state offices to ensure accuracy in internal agency systems and web applications, and will also undertake special projects as assigned by the Field Compensation Manager.

Requirements

  • Bachelor's degree in a Business/Marketing or related field; or a combination of education and experience
  • Strong work ethic, attention to detail, and ability to work in a fast-paced environment
  • Energetic and positive attitude, willingness to learn new things, and passionate about helping others
  • Ability to maintain professionalism in stressful and/or adverse circumstances
  • Ability to function effectively in the workplace as exhibited through one's integrity, courage to act and communication skills
  • Ability to work with others effectively as exhibited through one's respect for people and commitment to teamwork
  • Ability to meet organizational goals and customer expectations as exhibited through one's accountability for results, commitment to service and initiative
  • Ability to perform the essential functions of the job as exhibited through one's growth in job knowledge and professional development

Nice To Haves

  • Knowledge of the Farm Bureau organization and Southern Farm Bureau Life preferred
  • Basic knowledge of the life insurance industry preferred

Responsibilities

  • Provide support to the agency force and agency management for questions related to production credit, incentives, tax forms, commissions, persistency, internal replacement, and agent website.
  • Work with senior department members to develop general knowledge of contest and incentive rules and requirements on the SFB agency system.
  • Develop functional understanding of SFB internal replacement rules and guidelines.
  • Use critical thinking related to SFB processes in order to solve problems.
  • Work closely with state offices to set up and maintain updates for all agents on the SFB agency system.
  • Set up and maintain loans on the SFB agency system.
  • Update production credit adjustments on the SFB agency system as needed.
  • Process changes to servicing agent of record for policies in the SFB policy administration system.

Benefits

  • Comprehensive health insurance coverage for employees and their families.
  • Access to an onsite clinic, preventive care, and prescription drugs.
  • Mental health coverage and an Employee Assistance Program.
  • Active Lifestyle Rewards Program with incentives for maintaining an active lifestyle and participating in fitness challenges.
  • Weight Management Programs with customized plans and support.
  • Opportunities for employee engagement and teambuilding activities.
  • Annual events for employees and their families, including Company Picnic, Thanksgiving lunch, Christmas Reception, and Family Fun Night.
  • Onsite Cafe for convenient access to nutritious meals.
  • Continuous learning opportunities and tuition reimbursement for further education.
  • Mentorship Programs for professional growth and guidance.
  • Promotional opportunities for advancement within the company and career growth prospects.
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