Field Compensation Analyst

SFBLI
Jackson, MS Full Time
POSTED ON 10/19/2024 CLOSED ON 11/13/2024

What are the responsibilities and job description for the Field Compensation Analyst position at SFBLI?

Job Opportunity: Field Compensation Analyst at Southern Farm Bureau Life Insurance 

Company Overview: Southern Farm Bureau Life Insurance is a leading provider of life insurance and financial services. We are committed to serving our policyholders and communities with integrity and excellence. As a Field Compensation Analyst, you’ll be an essential part of our Field Compensation team, contributing to the success of our organization.

Location: Jackson, MS

Role and Responsibilities: The Field Compensation Analyst assists in the maintenance and administration of the SFB agency system. They provide knowledge and support to the sales force on questions or issues related to production credit, incentives, internal replacement activity, persistency and compensation. The Field Compensation Analyst works closely with the state offices to monitor and verify changes to the internal agency systems and web applications. The analyst works on special projects assigned by the Field Compensation Manager.

Your responsibilities will include:

  • Provide support to the agency force and agency management for questions related to production credit, incentives, tax forms, commissions, persistency, internal replacement, and agent website.
  • Work with senior department members to develop general knowledge of contest and incentive rules and requirements on the SFB agency system.
  • Develop functional understanding of SFB internal replacement rules and guidelines.
  • Use critical thinking related to SFB processes in order to solve problems.
  • Work closely with state offices to set up and maintain updates for all agents on the SFB agency system.
  • Set up and maintain loans on the SFB agency system.
  • Update production credit adjustments on the SFB agency system as needed.
  • Process changes to servicing agent of record for policies in the SFB policy administration system. 

Qualifications:

  • Bachelor's degree in a Business/Marketing or related field; or a combination of education and experience
  • Knowledge of the Farm Bureau organization and Southern Farm Bureau Life preferred
  • Basic knowledge of the life insurance industry preferred.
  • Strong work ethic, attention to detail, and ability to work in a fast-paced environment
  • Energetic and positive attitude, willingness to learn new things, and passionate about helping others
  • Ability to maintain professionalism in stressful and/or adverse circumstances
  • Ability to function effectively in the workplace as exhibited through one's integrity, courage to act and communication skills
  • Ability to work with others effectively as exhibited through one's respect for people and commitment to teamwork
  • Ability to meet organizational goals and customer expectations as exhibited through one's accountability for results, commitment to service and initiative
  • Ability to perform the essential functions of the job as exhibited through one's growth in job knowledge and professional development

Employee Benefits: We value our employees’ well-being and offer a comprehensive benefits package:

  1. Health Insurance:
    • Comprehensive coverage for employees and their families.
    • Access to an onsite clinic, preventive care, and prescription drugs.
    • Mental health coverage and an Employee Assistance Program.
  2. Active Lifestyle Rewards Program:
    • Incentives for maintaining an active lifestyle.
    • Rewards for participating in fitness challenges and wellness activities.
  3. Weight Management Programs:
    • Customized weight management plans.
    • Support for achieving and maintaining a healthy weight.
  4. Employee Engagement:
    • Opportunities to connect with colleagues.
    • Fun teambuilding activities.
  5. Annual events for employees and their families
    • Company Picnic, Thanksgiving lunch, Christmas Reception.
    • Family Fun Night
  6. Onsite Cafe:
    • Convenient access to nutritious meals.
    • Promoting healthy eating habits.
  7. Learning & Development:
    • Continuous learning opportunities.
    • Tuition reimbursement for further education.
  8. Mentorship Programs:
    • Pairing employees with mentors.
    • Professional growth and guidance.
  9. Promotional Opportunities:
    • Advancement within the company.
    • Career growth prospects.

 

 

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