Group Sales Compensation Sr. Specialist
Join a team that sits at the intersection of data, strategy and impact. As a Group Sales Compensation Sr. Specialist at Securian Financial, you'll play a pivotal role in managing and analyzing data and processes that support over $3.3 billion of inforce premium and $1.4 trillion of insurance. This high-visibility role directly influences business decisions across our Employee Benefits Solutions (EBS) division and Corporate functions. If you thrive in a data-driven environment and enjoy blending analytical rigor with operational execution, this is your opportunity to make a meaningful difference.
Responsibilities include but not limited to:
- Policy Exhibit - Inforce, New, and Cancelled Business
- Analyze monthly premium, lives, and volume data to identify and resolve discrepancies.
- Independently calculate and report inforce, persistency, and new business metrics used across EBS and Corporate teams including Underwriting, Actuarial, Reinsurance, and Client Reporting.
- Prepare reports for peer surveys and rankings using internal and external data sources for marketing and benchmarking purposes.
- Allocate new business into granular revenue growth categories used for bonus calculations and actuarial analysis.
- Administer monthly calculations and payments for Lifesuite programs.
- External Producer Compensation
- Draft and track compensation disclosures for EBS clients.
- Provide data and create documents used for compensation filings.
- Create compensation agreements for external producers.
- Provide guidance and documentation to Enterprise Partner Compensation team (EPC) for EBS compensation calculations.
- Respond to producer and internal inquiries, providing reporting and manual adjustment templates as needed.
- Collaborate with associates in multiple EBS units to develop and manage Supplemental Incentive Compensation program agreements.
- Administer heaped compensation programs and ensure accurate setup and periodic database table updates.
- Calculate monthly Supplemental Incentive Compensation program payments.
- Internal Associate Bonus Programs
- Independently administer and calculate bonuses using complex Excel models and following program documents.
Qualifications:
- Strong proficiency in Microsoft Excel.
- Background in mathematics, actuarial science, accounting or a related analytical discipline.
- Demonstrated ability to manage both analytical and administrative tasks with precision.
- Solid organizational and time management skills to prioritize workload, adjust to changing priorities and meet tight deadlines.
- Strong communication skills and ability to collaborate across departments.
- Ability to identify patterns and resolve issues using partial or conflicting data.
- Proven track record of problem-solving and delivering insights that drive business outcomes.
- Ability to work independently as well as in a team environment.
- Preferred Qualifications:
- Ability to create complex formulas and macros in Microsoft Excel.
- Experience in insurance, financial services, or compensation administration.
Securian Financial believes in hybrid work as an integral part of our culture. Associates get the benefit of working both virtually and in our offices. If you're in a commutable distance (90 minutes), you'll join us 3 days each week in our offices to collaborate and build relationships. Our policy allows flexibility for the reality of business and personal schedules.
The estimated base pay range for this job is: $50,500.00 - $88,500.00 Pay may vary depending on job-related factors and individual experience, skills, knowledge, etc. More information on base pay and incentive pay (if applicable) can be discussed with a member of the Securian Financial Talent Acquisition team.
Be you. With us. At Securian Financial, we understand that attracting top talent means offering more than just a job - it means providing a rewarding and fulfilling career. As a valued member of our high-performing team, we want you to connect with your work, your relationships and your community. Enjoy our comprehensive range of benefits designed to enhance your professional growth, well-being and work-life balance, including the advantages listed here:
- Paid time off
- Leave programs
- Holidays
- Company-funded pension plan and a 401(k) retirement plan
- Health insurance
- Volunteer time
- Associate Resource Groups
Securian Financial Group, Inc. does not discriminate based on race, color, religion, national origin, sex, gender, gender identity, sexual orientation, age, marital or familial status, pregnancy, disability, genetic information, political affiliation, veteran status, status in regard to public assistance or any other protected status. All applicants will be considered solely on the basis of their qualifications.