Commissions Jobs in Ontario (NOW HIRING)

Job Description Summary

This opportunity is with World Financial Group Insurance Agency of Canada (WFGIAC), a financial services company focused on helping families build stronger financial futures. We are currently expanding our Canadian commission’s team and seeking driven individuals to join us.

You will 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/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/verbal communication skills to interact with internal and external contacts
• Analytical and problem-solving skills
• Ability to work independently and multi-task in a fast-paced environment
• Proficiency using spreadsheets and MS Office tools

Preferred Qualifications

• SQL database experience
• Insurance/financial services industry experience

Compensation

*Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations.**

The salary for this position generally ranges between ($46,500 -$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.

Please note that this position is currently vacant within the Company. Artificial Intelligence will be used to preliminarily screen potential candidates for this vacancy, but it will not be used to assess – or ultimately select – any applicant for the vacancy

About Us

At WFG/Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential unleashed by leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.

Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment — one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there.

Transamerica is a part of Aegon, an integrated, diversified, international financial services group. The Aegon companies employ over 21,500 people and have approximately 31.7 million customers.

Who We Are

Transamerica has been making financial services available to the many, not just the few, for more than 100 years. We’re a leading provider of life insurance, retirement, and investment solutions, serving millions of customers throughout the United States. Transamerica’s dedicated professionals focus on helping people live their best lives through saving, investing, and protecting their loved ones. Transamerica is dedicated to building America’s leading middle market life insurance and retirement company, providing a broad range of quality individual life insurance policies, workplace supplemental insurance benefits, workplace retirement plans, individual retirement accounts, and investment products, including mutual funds, annuities, stable value solutions, as well as investment management services.

What We Do

Transamerica is organized by lines of business (Life Insurance, Annuities, Mutual Funds, Retirement Plans, and Employee Benefits), which are supported by Transamerica Corporate (Corporate Development; Finance; Internal Audit; Legislative, Regulatory & Policy; Office of the CEO; People and Places; Brand; Corporate Affairs; Risk; and Technology).

Transamerica has been helping people feel better about the future for more than 100 years, and we’re proud of the trust we’ve earned. We want to help people live better today and worry less about tomorrow.

At Transamerica, we are a purpose driven team helping people live their best life. We are dedicated to inspiring people to improve not only their financial and personal well-being but the world around them. We empower our employees to also live their best life by promoting a sustainable work life balance in a highly collaborative team environment that promotes career growth and ongoing learning opportunities. We are excited about our current success and dedication to ongoing modernization which has brought state of the art digital tools to the underwriting process. If you are an ambitious team-oriented individual that can balance the interests of our people, our customers, our stakeholders, and the wider world then it is time for you to step up.