This role will be responsible for modelling and analyzing field compensation mechanisms for purposes of contract administration/recruiting support, monthly compensation reconciliations, and developing system requirements & test plans. Other responsibilities include project work and proposing edits to field contracts and other field-facing documentation that includes compensation rules.
Major Opportunities and Decisions:
The successful Field Compensation Analyst will develop a strong technical understanding of how compensation mechanisms work, both in terms of the contract language and how our systems process the rules. The complexities and interdependencies involved must be fully mapped and navigated deliberately. This includes compensation paid to agency heads, producers, middle-managers, wholesalers, and others. Lines of business include Life, Individual Disability, Park Avenue Securities and Annuities.
Compilation and analysis of data from disparate sources will form the basis for ensuring that comp is paid correctly; must be proficient in the use of Excel and other reporting tools. Must have strong communication skills and ability to explain complex matters clearly, concisely, and accurately.
This role is very important to Guardians goal of Securing the Future of Distribution, in that it will focus heavily on analysis and modelling of producer economics, with specific attention to helping Field Representatives understand the value of their potential future renewals, including after retirement. Key efforts will include: Using existing tools to project future compensation, developing and systematizing new and improved tools to support that work, building/improving/maintaining custom models in Excel, working with IT to develop new modelling tools, and researching/formulating/validating key assumptions that drive analysis.
You Have:
Proven analytical ability
Economic modelling ability
Critical thinking
Technical ability (understanding system logic)
Strong communication skills
Ability to perform calmly under pressure
Presentation/public speaking skills
Knowledge:
Insurance industry
Insurance products
Proficient in Excel
Familiarity with MS Access and other reporting/analysis tools
Education and Experience:
Bachelors Degree
5+ years of corporate experience in an analytical role (insurance industry preferred)
Other Requirements:
Ability to learn how to use multiple systems and understand the logic driving them
Provide top notch customer service both internally and externally
Communicate complex information concisely and accurately
Produce precise, actionable analysis, sometimes with short lead time
Ability to navigate complex data relationships
Means to acquire knowledge and expertise quickly and to grow within the role
Desire to work closely with others in a small team environment
Our Promise:
At Guardian, youll have the support and flexibility to achieve your professional and personal goals. Through skill-building, leadership development and philanthropic opportunities, we provide opportunities to build communities and grow your career, surrounded by diverse colleagues with high ethical standards.
We Offer:
Meaningful and challenging work opportunities to accelerate technology and innovation in a secure and compliant way.
Competitive compensation
Excellent medical, dental, supplemental health, life and vision coverage for you and your dependents with no wait period
Life and disability insurance
A great 401(k) with match
Tuition assistance, paid parental leave and backup family care.
Dynamic, modern work environments that promote collaboration and creativity.
Flexible time off, dress code, and work location policies to balance your work and life in the ways that suit you best.
Social responsibility in all aspects of our work. We volunteer within our local communities, create educational alliances with colleges, drive a variety of initiatives in sustainability, and advocate for diversity & inclusion in all that we do.
Primary Location:
Remote - United States
Other Locations:
Bethlehem
Job:
Sales Enablement
Schedule:
Full time
Equal Employment Opportunity:
Guardian is an equal opportunity employer. All qualified applicants will be considered for employment without regard to age, race, color, creed, religion, sex, affectional or sexual orientation, national origin, ancestry, marital status, disability, military or veteran status, or any other classification protected by applicable law.
Guardian is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities.If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contactapplicantaccommodation@glic.com.
