Commission Analyst
Job title: Commission Analyst in McKinney, TX at Globe Life Family of Companies
Company: Globe Life Family of Companies
Job description: At Globe Life, we are committed to empowering our employees with the support and opportunities they need to succeed at every stage of their career. Our thriving and dynamic community offers ample room for professional development, increased earning potential, and a secure work environment.We take pride in fostering a caring and innovative culture that enables us to collectively grow and overcome challenges in a connected, collaborative, and mutually respectful environment that calls us to help Make Tomorrow Better.Role Overview:Could you be our next Commission Analyst? Globe Life is looking for a Commission Analyst to join the team!In this role, you will be responsible for calculating, adjusting, and processing sales commissions for thousands of agents. The Analyst will answer queries, researching problems as needed, and explain the way the commission is calculated. The role will be troubleshooting root cause of a problem if necessary and taking corrective actions if needed to ensure accurate pay. The position is also responsible for the accounting & auditing of commission accounts.This is a hybrid position located in McKinney, TX (WFH Monday & Friday, In Office Tuesday-Thursday).What You Will Do:
- Maintains commission database including all entry and maintenance of data.
- Ensures accurate and timely payment of commissions.
- Maintain accurate records and documentation to support audit requirements.
- Performs accurate and detailed audit of commission statements in accordance with requirements.
- Responsible for assisting with daily, weekly, and monthly commission processes.
- Explain commission calculations and answer questions related to payouts, including timing, form of payout, commission percentages, etc.
- Perform analyses of commission disputes, identifies, research, and reconcile any discrepancies.
- Enhance current processes by developing deeper understanding of the commission process.
- Assist with answering questions about 1099's and general 1099 preparation.
- May perform other functions that may be assigned.
- Bachelor's Degree in Business, Finance or Accounting or equivalent number of year’s analytical experience.
- Experience with sales compensation calculations and reporting.
- Experience working in insurance industry a plus.
- Experience with Varicent Incentive Compensation Tools or other compensation tools (i.e. Xactly, SAP Callidus) a plus.
- High attention to detail with a focus on data accuracy are required.
- Ability to work independently, prioritize work and meet deadlines.
- Excellent written, verbal & interpersonal communication with the ability to tailor the message based on the audience.
- Tact, diplomacy, and sensitivity to respect confidential information.
- Must be a very organized, detail-oriented and be able to work in a fast-paced environment.
- High emotional IQ, adaptability, and flexibility to manage deadline pressure.
- Thrives in a fast-paced environment & is a quick learner.
- Basic Microsoft Excel/Basic Access skills.
- Prior experience using SSMS/similar database tools and/or writing SQL queries a plus.
- Reliable and predictable attendance of your assigned shift.
- Ability to work full time and/or part time based on the position specifications.
- Competitive compensation designed to reflect your expertise and contribution.
- Comprehensive health, dental, and vision insurance plans because we believe that taking care of your well-being is fundamental to your performance.
- Robust life insurance benefits and retirement plans, including company-matched 401k and pension plan.
- Wellness club reimbursements and gym discounts to help you stay on top of your health.
- Paid holidays and time off to support a healthy work-life balance.
- Parental leave to help our employees welcome their new additions.
- Development training programs to enhance your skills and career progression and unlock your full potential.