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Agency Compensation Analyst

EMC Insurance Companies
Full-time
Remote
United States
$66,294 - $91,570 USD yearly
Compensation Analyst

At EMC, we’re all about working together to make an impact. As part of our team, you’ll have the opportunity to grow, contribute, and gain experience that matters. We strive to be caring leaders, close partners, and responsive experts—always supporting each other to do our best work. Join us, and let’s improve lives together.

  

Supports administration and analysis of agency compensation programs by collecting, validating, and reporting compensation data while maintaining accurate records and assisting with program implementation. Generates reports and dashboards, researches data discrepancies, and ensures compliance with company policies and regulatory requirements. Collaborates with cross-functional teams to support compensation initiatives, enhance process efficiency, and deliver timely, accurate information to stakeholders. Enables the compensation team to optimize program effectiveness and drive continuous improvement through essential operational and analytical support.

Essential Functions:

  • Collects, validates, and maintains agency compensation data from internal systems and external sources to ensure accuracy and completeness.

  • Prepares routine and ad hoc reports on agency compensation, performance metrics, and payout calculations for business stakeholders.

  • Audits data for accuracy and completeness and researches discrepancies in compensation records.

  • Supports the maintenance and documentation of compensation models, agreements, and related materials.

  • Performs assigned components to support the rollout and administration of new and/or updated compensation programs, including system setup and testing.

  • Responds to compensation related inquiries and resolves assigned issues for agency partners and internal teams.

  • Maintains dashboards and reporting tools to track compensation usage, accuracy, and program adoption.

  • Ensures compensation records and agreements are maintained in accordance with company policies and regulatory requirements.

  • Participates in process improvement initiatives and collaborates with cross-functional teams to support compensation program efficiency and effectiveness.

Education & Experience:

  • Bachelor’s degree, preferably in finance, business, or related field, or equivalent relevant experience

  • Two years of experience in compensation analysis or related experience

  • Experience with data analysis and reporting

  • Prior insurance or financial services experience

  • Prior experience with agency compensation preferred

Knowledge, Skills, & Abilities:

  • Knowledge of the property and casualty insurance industry and independent agency operations

  • Strong verbal and written communication skills, including the ability to present information clearly

  • Solid analytical, problem-solving, critical thinking, and organizational abilities

  • Effective interpersonal skills and ability to work collaboratively within teams

  • Ability to read and interpret agency-company contracts and compensation agreements preferred

  • Proficiency with spreadsheets and data management tools (such as Microsoft Excel)

  • Knowledge of reporting or visualization tools preferred

  • Strong Microsoft Office Suite skills

The hiring salary range for this position will vary based on geographic location, falling within either of the following:

$66,294 - $91,570 or $73,245 - $100,731

A hiring range represents a subset of the full salary range. The actual salary will depend on several factors, including relevant education, skills, and experience of an applicant, geographic location, and business needs.

 

 

For information relating to the benefits EMC Team Members receive as part of a comprehensive rewards package, please visit www.emcins.com/careers.

Our employment practices are in accordance with the laws that prohibit discrimination due to race, color, creed, sex, sexual orientation, gender identity, genetic information, religion, age, national origin or ancestry, physical or mental disability, medical condition, veteran status, active military status, citizenship status, marital status or any other consideration made unlawful by federal, state, or local laws.

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