Agency Compensation Analyst I or II

Erie Insurance
Erie, PA Full Time
POSTED ON 8/17/2023 CLOSED ON 10/9/2023

Job Posting for Agency Compensation Analyst I or II at Erie Insurance

Division or Field Office:

Life Division



Department of Position:
Field Life Sls Mgt & Oprs Dept


Work from:

Home Office, Erie PA

Salary Range:

$47,423.00 - $75,753.00 *

salary range is for this level and may vary based on actual level of role hired for




*This range represents a national range and the actual salary will depend on several factors including the scope and complexity of the role and the skills, education, training, credentials, location, and experience of an applicant, as well as level of role for which the successful candidate is hired.


At Erie Insurance, you’re not just part of a Fortune 500 company; you’re also a valued member of a diverse and inclusive team that includes more than 5,000 employees and over 2,200 independent agencies. Our Employees work in the Home Office complex located in Erie, PA, and in our Field Offices that span 12 states and the District of Columbia.

Benefits That Go Beyond The Basics

We strive to be Above all in Service® to our customers—and to our employees. That’s why Erie Insurance offers you an exceptional benefits package, including:

  • Premier health, prescription, dental, and vision benefits for you and your dependents. Coverage begins your first day of work.
  • Low contributions to medical and prescription premiums. We currently pay up to 97% of employees’ monthly premium costs.
  • Pension. We are one of only 13 Fortune 500 companies to offer a traditional pension plan. Full-time employees are vested after five years of service.
  • 401(k) with up to 4% contribution match. The 401(k) is offered in addition to the pension.
  • Paid time off. Paid vacation, personal days, sick days, bereavement days and parental leave.
  • Career development. Including a tuition reimbursement program for higher education and industry designations.

Additional benefits that include company-paid basic life insurance; short-and long-term disability insurance; orthodontic coverage for children and adults; adoption assistance; fertility and infertility coverage; well-being programs; paid volunteer hours for service to your community; and dollar-for-dollar matching of your charitable gifts each year.


Position Summary

Administers Agent compensation, loan, and SitCom programs. Works with the IT Division and/or Agency Strategic Reporting section to support the creation and maintenance of Agent production reporting. Communicates with field and Home Office management regarding data analysis, Agent compensation, 1099's, and special incentive programs and deductions.


  • There are 2 open positions.
  • The hiring manager will also consider candidates for an Agency Compensation Analyst. Level of position offered will be based upon the depth and breadth of selected candidate's experience and qualifications.

Duties and Responsibilities

Administers and maintains Agent compensation programs. Coordinates revisions to ERIE informational and operational manuals, monthly reporting, and related communication planning and implementation.


Researches and assembles litigation information for the Law Division.


Processes Agent compensation a. Processes compensation updates-accelerated, reduced, and adjusted commission. b. Interfaces and balances payment and reduction files. c. Works interdepartmentally to ensure all commission deductions, loan payments, and required accounts payable checks are processed, balanced and remitted to the correct party. d. Balances, creates, and reconciles monthly journals for commission processing.


Maintains and runs custom programs to meet compensation reporting and payment needs. Maintains files and responds to requests for production information. Calculates data and recommends adjustments as needed.


Validates and ensures timely and accurate loan, incentive and compensation payment information.


Works with the business and IT Division to support the eliciting, recording and validating of system requirements for new and enhanced Agent compensation programs. Updates and processes existing department programs.


Identifies and supports the production data needs of the Home Office, field offices and Agents related to Agent compensation, loans and incentives.


Analyzes and Processes Agent Garnishment request; working with Law, IRS, State and Court contacts to ensure legal requirements are satisfied.


Drives process improvement projects to produce measurable results. Provides cost-effective, support and assistance to Agents and division management related to initiatives and business processes. Researches, recommends and implements best practices as appropriate to enhance capabilities and create efficiencies.


The first three duties listed are the functions identified as essential to the job. Essential functions are those job duties that must be performed in order for the job to be accomplished.


This position description in no way states or implies that these are the only duties to be performed by the incumbent. Employees are required to follow any other job-related instruction and to perform any other duties as requested by their supervisor, or as become evident.

Competencies

Values Diversity
Self-Development
Nimble Learning
Collaborates
Customer Focus
Information Management Skills
Cultivates Innovation
Optimizes Work Processes
Job-Specific Knowledge
Instills Trust
Ensures Accountability
Decision Quality

Qualifications

Minimum Education Equivalents:



Bachelor's degree in business administration or related field and one years' experience working with sales management and agency structure, data or business analysis, or related experience; or



Associate's degree in business administration or related field and three years' experience working with sales management and agency structure, data or business analysis, or related experience;or



High school diploma or equivalent and five years' experience working with sales management and agency structure, data or business analysis, or related experience, required.

Working knowledge of word processing, spreadsheet and presentation software required. Acceptance of weekend work and some restrictions to vacations during peak hours required.

Physical Requirements

Lifting/Moving 0-20 lbs; Occasional (<20%)
Lifting/Moving 20-50 lbs; Occasional (<20%)
Ability to move over 50 lbs using lifting aide equipment; Occasional (<20%)
Driving; Rarely
Pushing/Pulling/moving objects, equipment with wheels; Occasional (<20%)
Manual Keying/Data Entry/inputting information/computer use; Often (20-50%)
Climbing/accessing heights; Rarely


Nearest Major Market: Erie

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Salary.com Estimation for Agency Compensation Analyst I or II in Erie, PA

$50,449 - $68,069

For Employer

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