Senior Commissions Administrator Job in Vaughan L4L 8K8, Ontario Canada

1. PRIMARY PURPOSE:

This position is mainly responsible for reconciling commission cycles and clearing compensation errors. Duties include the processing of: commissions, contest points, charge backs, excess & renewals in relation to sales field compensation.

2. PRINCIPAL DUTIES and RESPONSIBILITIES:

Review processed commissions on a daily basis.

Reconcile semi-weekly commission cycles; analyze batch totals ensuring they are balanced before cycle processing.

Analyze and calculate commissions & points to sales field on multiple products and compensation schedules.

Ensure accurate adjustments are made from researched information regarding commission adjustments.

Research errors originating from Aristotle (old database) and COMPASS (current database) for semi-weekly cycles.

Calculate and keep track of high value compensation policies.

Update and create procedure documentation of job functions and processes.

Cross-train on desk duties within the Commissions Dept.

Ad Hoc duties pertaining to projects and assignments as required.

3. SKILLS AND EDUCATIONAL REQUIREMENTS:

• Minimum of college diploma in business management/administration/accounting or equivalent experience.
• Minimum 2 years of office administration, accounting experience; Financial services industry experience preferred.
• Proficient in mathematics of finance.
• Proficient with Microsoft Office; specifically Excel & Word.
• Preferred: Insurance related courses or experience.
• Must be detail oriented and can efficiently handle multitasking & problem-solving.
• Able to work under a deadline orientated environment.

4. PHYSICAL EXERTION REQUIRED:

Activity Description% of Time

Operating Computer

Photocopying, faxing, scanning

70 %

30 %

5. SCOPE:

• Overtime is required if tasks performed are time-sensitive.
• Extreme accuracy is a must.

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