Foresters Financial is a company focused on providing financial services, and they are seeking a Commissions Administrator to handle insurance adviser commission inquiries and ensure timely processing of account activities. The role involves preparing commission runs, investigating discrepancies, and providing accurate information to both internal and external contacts.
Responsibilities
- Prepare weekly and monthly commission runs and reports
- Perform compensation adjustments based on policy changes
- Ensure commissions are paid out correctly and investigate any inconsistencies
- Provide commission information as requested in a timely manner to both internal and external contacts
- Input data accurately into the system
- Track information and assist with the debt collection processes of agents and agencies
- Handle commission debt repayments from agents and agencies
- Respond to and ensure efficient and accurate resolution to daily telephone and email inquiries pertaining to compensation issues, meeting established service level standards
- Other duties as required
Skills
- Strong analytical and problem-solving skills
- Good mathematical skills
- Intermediate to advanced knowledge of Microsoft excel
- Strong communication skills
- Strong attention to detail and accuracy
- Able to multi-task and shift priorities given the time constraints and deadlines
- Accounting and bookkeeping background would be an asset
- Bilingual (French and English) is an asset
Benefits
- Discretionary variable incentive plan
Company Overview
Foresters Financial is redefining the life insurance and individual savings industry across the U.S., Canada and UK by enriching the lives, communities, and overall well-being of its members. It was founded in 1874, and is headquartered in Buffalo, New York, USA, with a workforce of 1001-5000 employees. Its website is http://www.foresters.com/.