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$66,110.00 - $92,510.00
This individual is primarily responsible for sales commission administration and managing communication and inquiries from sales representatives. This includes managing the commission database, answering questions, researching issues, and creating and analyzing reports. Success is achieved through strong analytical and research skills, the desire to support and interact with a passionate sales team, and a commitment to ensuring timely and accurate commission payments.
*Job Duties and Responsibilities:
Commissions & Contract Administration
Research and respond to commission inquiries from the Field (120+ sales and service reps), coordinate problem resolution, and evaluate exception requests.
Enter new commission requests, review submitted requests, and confirm accuracy of the data.
Manage commission adjustments, unassigned commissions, monthly assignment updates, retroactive payments, and revisions.
Perform routine auditing to ensure commission payments are aligned with established policies and contractual agreements.
Provide training and communication on commissions and commission systems.
Maintain and update commission matrix and sales representative’s commission schedules.
Ensure commission workflows meet established service levels.
Other Compensation & System Administration
Manage implementation of new commission guarantees, removal of guarantees, commission advances, and residual commission schedules.
Calculate quarterly, bi-annual, and annual bonus payments.
Review and update documentation related to commission processes, policies, and procedures.
Coordinate with the accounting department for reconciliation between systems, updates to procedures, and enhancements to processes.
Identify, recommend, and test system changes and enhancements.
Reporting, Analytics, and Sales Administration
Collaborate with team members to support other department functions (recognition program, budget, contracts, and data & analytics.)
Create monthly recognition reporting for the incentive program.
Assist in the compilation and submission of departmental budgets.
Collect, validate, interpret, design, and organize various types of data into meaningful reports and summaries.
Support management with case or situation specific needs.
Invest in personal development on commission and compensation best practices.
*Qualifications (Education, Experience, Certifications & KSA):
3-4 years of applicable work experience required.
Bachelor’s Degree Required.
Reporting and analytical (qualitative and quantitative) experience required
Commission or compensation administration experience required
Advanced Microsoft Excel skills required
Strong analytical skills and attention to detail required
Strong verbal and written communication skills required
Ability to use discretion when working with sensitive and confidential information required
Experience in a sales organization preferred
Experience with financial institutions and insurance products preferred
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, skills, efforts or working conditions associated with a job.
The salary range reflected is a good faith estimate of the anticipated salary for the position and may vary based on factors described below.
Compensation at Allied Solutions is determined by various factors, including but not limited to, market data, job posting location, relevant experience, level, skills, and internal equity considerations.
The projected base salary range for this position is $66,000 to $79,000 (annualized USD). This position is also eligible for an annual bonus based on company performance results. Medical, dental, vision, life and disability and 401k benefits are part of the employment offering. Pay and benefits are subject to change at any time and may be modified at the discretion of the company, consistent with the terms of any applicable compensation or benefit plans. This salary range is a good faith estimate, and not a guarantee of the ultimate salary offering.
#LI-SJ1 #LI-Onsite
We offer our employees a robust compensation package! Our comprehensive benefits include: medical, dental and vision insurance coverage; 100% company-paid life and disability coverage, 401k options with company match, three weeks PTO by the end of the first year and much more. Allied proudly promotes from within as part of a strong commitment to providing career growth opportunities for employees of all levels. Our diverse business portfolio allows employees broad career options with the advantage of staying with the same organization.
All qualified candidates will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law.
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Allied Solutions is a U.S.-based provider of insurance, lending, and risk management products and technology services to over 6,000 financial institutions, including banks and credit unions. It helps clients grow revenue, protect against risk, and serve their consumers more effectively.
Visit website$66,000 – $79,000
Base + Bonus