Sales Compensation Business Analyst

At Allstate, great things happen when our people work together to protect families and their belongings from life's uncertainties. And for more than 90 years our innovative drive has kept us a step ahead of our customers' evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection.

Job Description

Who is Allstate:
Allstate Insurance Company of Canada is a leading home and auto insurer focused on providing its customers prevention and protection products and services for every stage of life. The company is proud to have been named a Best Employer in Canada for nine consecutive years and prioritizes supporting employees and fostering an inclusive, welcoming corporate culture. Allstate is committed to making a positive difference in the communities in which it operates through partnerships with charitable organizations, employee giving and volunteerism. Serving Canadians since 1953, Allstate strives to provide reassurance with its "You're in Good Hands®" promise.

Through our Employee Value Proposition, Opportunity, Flexibility, Community, Diversity and Family, we have worked hard to develop and nurture a culture where employees feel valued, experience personal growth, have career options and truly enjoy the work they do.

Role Designation: Home-Based (There may be times where you are required to come into the Markham Head Office.)

Benefits to joining Allstate

• Flexible Work Arrangements
• Employee discounts (15% on auto and property insurance, plus many other products and services)
• Good Office program (receive up to 400$ back after purchasing office equipment)
• Student Loan Payment Matching Program for Government Student loans
• Comprehensive Retirement Savings Program with employer matched contributions
• Annual Wellness allowance to support employees with improving health and wellbeing
• Personal reflection day
• Tuition Reimbursement
• Working within the community and giving back!

Job description:

We are actively looking to hire a Sales Compensation Business Analyst to join our team! The role of this team is to ensure adherence to the sales commission and compensation rules. Reporting to the Manager, Sales Compensation Execution, you will be part of a team of compensation specialists to ensure that our agents are receiving the correct new business production and commission on a policy level.

Accountabilities:

• Administer and manage the organization's compensation program ensuring all calculations and compensation are accurate and delivered in a timely manner.
• Collaborate with cross-functional team including Sales, Finance and Human Resources to establish and maintain effective compensation processing.
• Maintain a comprehensive understanding of the organization's compensation rules and be able to communicate in a clear thorough manner.
• Perform daily audits and analysis of compensation data to identify and resolve any discrepancies or inaccuracies.
• Provide support and guidance to sales representatives in the event of compensation inquiries.
• Work closely with IT department when a bug, enhancement or optimization is required to ensure its accuracy, functionality, and usability.
• Maintain confidentiality of compensation related information and documents.

Qualifications:

• University degree/College diploma or certificate in a business-related discipline
• Proficiency in Microsoft Office tools especially Excel as well as proficiency in Access.
• At least 2 years of proven experience as an insurance compensation analyst or in a similar role, preferably in a medium to large-sized organization.
• Excellent analytical and problem-solving skills, with the ability to interpret complex data and identify trends or issues.
• Strong attention to detail and accuracy, with the ability to manage multiple tasks and meet deadlines in a fast-paced environment.
• Ability to maintain confidentiality and handle sensitive information with the upmost professionalism and discretion.

Bonus qualification:

• Experience working with compensation management software (SAP Commissions) or similar systems is preferred.

Allstate Canada Group has policies and practices that provide workplace accommodations. If you require accommodations, please let us know and we will work with you to meet your needs.

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Skills
Analytical Thinking, Compensation Analysis, Confidential Data Handling, Detail-Oriented, Insurance, Microsoft Access, Microsoft Excel, Multitasking, Prioritization, Problem Solving, SAP Commissions, Sensitive Information

Joining our team isn't just a job - it's an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. And one where you can impact the future for the greater good.

You'll do all this in a flexible environment that embraces connection and belonging. And with the recognition of several inclusivity and diversity awards, we've proven that Allstate empowers everyone to lead, drive change and give back where they work and live.

Good Hands. Greater Together.®