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Financial Analyst - Compensation and Control
Financial Analyst - Compensation and ControlChubb • Markham, York Region, CA
Financial Analyst - Compensation and Control

Financial Analyst - Compensation and Control

Chubb • Markham, York Region, CA
30+ days ago
Job type
  • Full-time
Job description

PRIMARY DUTIES

  • Ensure accurate and timely processing of commissions, overrides, and quarterly bonuses for Independent Sales Representatives, strictly adhering to established deadlines and control standards.
  • Oversee and maintain robust quality control measures in agent commission processing to ensure compliance with regulatory requirements and internal policies.
  • Conduct comprehensive financial analysis of payments, incentives, and bonuses, leveraging data analytics to identify trends, risks, and opportunities, and provide actionable insights to management.
  • Develop and implement automated solutions for commission processing and reporting using advanced tools such as Power BI, Power Query, and Excel VBA macros to enhance efficiency and accuracy.
  • Standardize and document all processes related to agent commission processing, ensuring clarity, consistency, and accessibility for team members and stakeholders.
  • Foster a culture of continuous improvement and agile thinking within the department to support ongoing business changes and drive operational excellence.
  • Collaborate with cross-functional teams to streamline workflows, strengthen business relationships, and enhance overall operational efficiency in compensation processes.
  • Coordinate and contribute to ad hoc and cross-functional projects, applying project management skills to deliver departmental improvements and innovative solutions.
  • Support training and development initiatives for the Field Compensation Team, promoting knowledge sharing, best practices, and professional growth.
  • Build and maintain strong relationships with business partners, acting as a key liaison to ensure alignment and effective communication on compensation and control matters.
  • Perform ad hoc analysis, support change management initiatives, participate in special projects, and conduct User Acceptance Testing (UAT) to ensure successful implementation of system and process enhancements.

QUALIFICATIONS REQUIRED

  • Bachelor’s degree in finance, Mathematics, Accounting, or a related field (strongly preferred).
  • Minimum of 3 years of relevant experience in financial analytics, compensation, or a related discipline.
  • Advanced analytical, mathematical, and problem-solving skills with keen attention to detail.
  • Strong understanding of accounting principles, internal controls, and compensation processes.
  • Proficiency in Microsoft Office, especially Excel, with expertise in data analysis, Power Query, and Power BI.
  • Skilled in Microsoft Visual Basic for Applications (VBA) for developing and maintaining automation solutions.
  • Demonstrated experience with project management or participation in cross-functional projects; familiarity with sales compensation design is an asset.
  • Excellent verbal and written communication skills, with the ability to collaborate effectively across all levels of the organization.
  • Proficiency in French is considered an asset, along with a strong commitment to confidentiality, adaptability, and continuous improvement.
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    Compensation Analyst • Markham, York Region, CA

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