Foresters Financial Logo

Foresters Financial

Commissions Administrator (12-month contract)

Posted 16 Days Ago
Be an Early Applicant
In-Office
Toronto, ON, CAN
Junior
In-Office
Toronto, ON, CAN
Junior
The Commissions Administrator is responsible for managing insurance adviser commission inquiries, processing payments, and ensuring accurate data input while meeting tight deadlines.
The summary above was generated by AI
Career OpportunityRole TitleCommissions Administrator (12-month contract)Purpose of roleTo investigate and answer insurance adviser telephone and email commission enquiries regarding all aspects of their compensation. In addition to processing all account activities to ensure that the adviser tight payrun deadlines are met.Job DescriptionKey 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

Key Qualifications
  • Education (minimum required): College Diploma or equivalent work experience

  • Post Secondary degree or equivalent field experience is an asset

  • 1-2 years of experience in Insurance Industry is required

  • Strong analytical and problem-solving skills

  • Good mathematical skills

  • Accurate keyboarding skills with good working knowledge of Word and 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

  • Excellent written and verbal communication skills.

  • Requires strong ability to multi-task under pressure and time constraints to meet various deadlines while maintaining keen attention to detail.

  • Able to respond to constantly changing needs and schedules and to organize and prioritize workload.

  • Decisive with good judgment/decision-making skills to act effectively in resolving compensation issues.

  • Requires well-developed problem solving and analytical skills.

  • Ability to work within the hours of Insurance Operations (8:00am – 8:00 pm).

  • Must be willing to work extended hours, evenings, and weekends during peak periods as required to meet SLA’s.

#LI-Hybrid

Salary Range:

$43,000 - $63,000

The actual base salary for this position will depend on several factors, including job-related skills, experience, and education. In addition to base pay, eligible employees may participate in a discretionary variable incentive plan, results are subject to both individual and company performance.

Please note that this posting is intended to fill an existing vacancy; however, there may be instances where more than one vacancy is available for the same role.

Equal Opportunity Employment and Inclusion – at Foresters Financial, we are committed to sustaining an equal opportunity environment for all job applicants. We embrace Inclusion, Diversity and Equity (IDE) as a core strategic objective for building strong, innovative teams in which all our employees can show up wholly and authentically as themselves.

Foresters Financial strives to provide an accessible candidate experience for prospective employees with different abilities. If you anticipate needing any type of accommodations during the recruitment process, please email [email protected] in advance of your appointment.

Thank you for choosing Foresters. Only those candidates who will be selected for further consideration will be contacted by our Talent Acquisition Team.

HQ

Foresters Financial Toronto, Ontario, CAN Office

789 Don Mills Road, Toronto, Ontario, Canada, M3C 1T9

Similar Jobs

Junior
Automotive • Hardware • Robotics • Software • Transportation • Manufacturing
Provide HR systems and administrative support including HRIS maintenance, electronic employee files, recruitment and internal posting administration, reception desk duties, data entry, KPI reporting, training and program coordination, payroll/benefits backup, event coordination, and various HR projects for the plant. Temporary fixed-term role covering a leave.
Top Skills: HrisWorkday
An Hour Ago
Hybrid
Entry level
Entry level
Automotive • Hardware • Robotics • Software • Transportation • Manufacturing
Co-op student will support the Information Systems team by installing, configuring, and troubleshooting PCs, peripherals, wireless devices and network hardware; assist LAN/WAN and TCP/IP administration; provide helpdesk support, create software packages, maintain hardware/software inventory, write documentation, and help train end users under senior staff direction.
Top Skills: GatewaysHelpdesk ApplicationLanLaptopsWindowsPcsPrintersSmart PhonesSpectralinkTcp/IpWanWireless Scanners
An Hour Ago
Hybrid
Newmarket, ON, CAN
Expert/Leader
Expert/Leader
Automotive • Hardware • Robotics • Software • Transportation • Manufacturing
Lead and execute change management for large-scale transformations across engineering, manufacturing, quality, and program teams. Develop change strategies, stakeholder engagement, communications, training, and KPIs. Coach leaders, assess impacts and readiness, mitigate resistance, integrate change into project plans, and report progress to leadership to ensure successful adoption.
Top Skills: ErpMicrosoft 365

What you need to know about the Toronto Tech Scene

Although home to some of the biggest names in tech, including Google, Microsoft and Amazon, Toronto has established itself as one of the largest startup ecosystems in the world. And with over 2,000 startups — more than 30 percent of the country's total startups — Toronto continues to attract new businesses. Be it helping entrepreneurs manage their finances, simplifying business operations by automating payroll or assisting pharmaceutical companies in launching new drugs, the city's tech scene is just getting started.

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account