Commissions Administrator

Foresters Financial is a company dedicated to 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, processing adjustments, and providing accurate information to 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