Travelers Agency Comp Systems Analyst in Hartford, Connecticut
Agency Comp Systems Analyst
Primary Job Duties & Responsibilities:
Implement & test systems changes to model various compensation options and evaluate results.
Prepare various analyses and presentations to support modeled results.
Perform monthly reconciliations of premium, loss, and related agency operational information from source systems to the compensation system (iComp) that calculates commission awards.
Effectively evaluate issues that arise, provides meaningful assessment and recommendations to handle issues as they occur, and implements any corrective actions as necessary.
Calculate commission awards manually as necessary. Understands the terms of agency contracts in order to determine if calculations are being performed accurately.
Responsible for maintenance and changes to the systems programming and calculations.
Act as a key liaison with the Field organization as it relates to the agent compensation programs, researching and responding to any questions.
The Agency Compensation Analyst is also responsible for iComps development requirements process, including but not limited to the following: Elicits, analyzes, specifies and writes-up business, system and implementation requirements.
Ensure the requirements are unambiguous and understandable by both business users and solution delivery teams.
Work with stakeholders to prioritize requirements effectively based on business value, risks and constraints.
Ensure the test strategy and test plans adequately cover the requirements.
Assist in defect resolution.
Measure and track quality of business analysis work. Upon implementation of system changes, verifies test results and proposes and implements required changes.
The individual may be required to lead project work as needed.
Maintain documentation and controls and follows all business practices for Audit purposes.
Other duties as assigned.
Job Opening ID:
Equal Employment Opportunity Statement:
Travelers is an equal opportunity employer.
Job Specific & Technical Skills & Competencies:
Analytical Thinking (Intermediate): Identifies current or future problems or opportunities, analyzes, synthesize and compares information to understand issues, identifies cause/effect relationships and explores alternative solutions to support sound decision making. Facilitation (Intermediate): Uses and adjusts style and technique to assist group process and understanding. Communication (Intermediate): Demonstrates effective verbal, written, and listening communication skills. Teamwork (Intermediate): Works together in situations when actions are interdependent and a team is mutually responsible to produce a result. Relationship Management (Intermediate): Seeks out, builds, fosters and maintains productive relationships, networks or alliances to meet goals and achieve results. Business Perspective (Intermediate): Uses knowledge of internal and external factors impacting the property casualty industry to make decisions. Technology (Intermediate): Uses, leverages and maintains proficiency with corporate and job specific technology as it evolves (e.g., hardware, software, business unit applications and systems tools). Conflict Management (Basic): Brings conflicts into the open and resolves them collaboratively. Change Management / Resilience (Intermediate): Remains energized and focused in the face of ambiguity, change or strenuous demands. Risk Taking (Basic): Identifies, assesses, manages and takes intelligent risks to attain objectives
Finance & Accounting
Under limited supervision, the Agency Compensation Analyst is responsible for performing tasks related to the administration of agency compensation programs. The Agency Compensation Analyst is responsible for reconciliation and troubleshooting of the agency compensation system as well as working with the Field organization to address and respond to agency compensation questions. This job does not lead others.
Education, Work Experience & Knowledge:
Bachelor's degree in Finance, Accounting, or Technical field preferred. Typically has a minimum of 4 years experience in an analytical role. Excellent written and verbal communication skills. Solid experience with Personal Computer software, including spreadsheet and database applications. Microsoft Office suite experience preferred. SQL, TM1, or similar experience preferred.
Operates standard office equipment Requires extended periods of computer use Requires extended periods of sitting
High School diploma required. 3 years of experience in an analytic role required. Significant financial analysis experience required.
Solid reputation, passionate people and endless opportunities. That's Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference.
Licensing or Certificates:
Hartford - Connecticut - United States