Handle research, preparation, processing and reporting of compensation activities related to insurance and investment products.
Responsibilities
- Research and prepare spreadsheets of compensation data for processing.
- Verify when deposits/funding are received and reconcile against compensation data.
- Process compensation according to compensation cycle schedules.
- Log and maintain recordkeeping of original and modified compensation data.
- Handle incoming calls/respond to email inquiries related to outstanding debt balances.
- Communicate with third party vendors regarding compensation issues.
- Reconcile semi‑weekly commission cycles; analyze batch totals for payment cycle processing.
- Prepare monthly processing and compensation reports.
- Research and resolve held compensation records due to deficiencies.
- Track and maintain log of individuals contacted regarding outstanding debt balances.
- Work with other departments to resolve issues as needed.
- Cross‑train on multiple desk duties within the Commissions department.
- Handle ad hoc duties related to projects and assignments as required.
Qualifications
- Degree or diploma in business management, administration or accounting, or equivalent experience.
- One year of relevant work experience.
- Bilingual; English/French (oral and written).
- Math aptitude and attention to detail.
- Written and verbal communication skills to interact with internal and external contacts.
- Analytical and problem‑solving skills.
- Ability to work independently and multi‑task in a quick‑paced environment.
- Proficiency using spreadsheets and MS Office tools.
Preferred Qualifications
- SQL database experience.
- Insurance or financial services industry experience.
Compensation
The salary for this position generally ranges between $46,500 and $53,000 annually. This range is an estimate, based on potential qualifications and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.
Benefits
- Competitive Paid Time Off.
- Ten paid holidays per year.
- Ten sick days per year.
- Be Well Company holistic wellness program, including Wellness Coaching and Reward Dollars.
- Parental Leave.
- Adoption Assistance.
- Employee Assistance Program.
- College Coach Program.
- Employee Resource Groups.
- Inclusion and Diversity Programs.
- Employee Recognition Program.
- Referral Bonus Programs.
- Peer Recognition Program (BRAVO).
- Competitive Pay.
- Bonus for Eligible Employees.
- Pension Plan.
- 401k Match.
- Employee Stock Purchase Plan.
- Tuition Reimbursement.
- Disability Insurance.
- Medical Insurance.
- Dental Insurance.
- Vision Insurance.
- Employee Discounts.
- Career Training & Development Opportunities.
- Back‑Up Care Program.
- PTO for Volunteer Hours.
- Employee Matching Gifts Program.
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📌 Bilingual Compensation Coordinator (French/English) (Toronto)
🏢 Transamerica
📍 Toronto
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