Producer Compensation Analyst

Job Title: Producer Compensation Analyst
Contract - 9 months
Pay rate: $33/hr
Hybris - Twice a month in Oaklnd, CA

Job Description:
The Producer Compensation Analyst will be responsible for managing all aspects of the producer records including the creation of the producer record, updates to the demographic information and payment methods and reporting.
The analyst will manage and maintain all broker to customer or member relationships and commission records to facilitate the commission calculation and payment processes.
The analyst will assist with the reconciliation of the monthly commission calculations and payments for accuracy and research and resolve all producer compensation related inquiries.
The analyst will collaborate with the producer credentialing, contracting and compensation teams as well as our external broker community and business partners.

ESSENTIAL DUTIES
Creates, updates and maintains producer records and demographic information on the broker portal and financial applications including payment methods and banking information.
Gathers and reviews required documentation from the producers for accuracy.
Communicates and coordinates producer changes or updates to the producer credentialing and contracting departments and other internal business partners.
Utilizes reporting to analyze, identify and resolve discrepancies and ensure the data is accurate.
Completes tasks related to producer number assignments, producer record management and compensation.
Collaborates with internal business partners to successfully complete their tasks and
responsibilities as it relates to producer information.
Analyzes data on the customer relationship management applications for accuracy and communicates corrective action for any discrepancies.
Manages and maintains broker customer or member relationships on the financial applications to
accurately calculate commissions and other fees for payment purposes.
Utilizes reporting to analyze and reconcile relationships and review data for accuracy.
Assists with monthly commission calculation reconciliation for all lines of business, analyzes producer records for variances and discrepancies and recommends the appropriate corrective action.
Assists with producer compensation payments including reconciliation, voids and reissues, cancellations, Form 5500 reporting and annual 1099 reconciliation.
Prepares and distributes departmental reports related to producer records and relationships.
Communicates with the producer to resolve inquiries as it relates to the producer's record or
compensation.
Provides commission statements upon request and prepares ad-hoc compensation reports
as requested by the producer.
Contributes to monthly management and key performance metrics reporting. Identifies and reports
patterns and trends as it relates to producer records and relationships to management.
Maintains and updates departmental policies and procedures as it relates to producer records and
relationship management in addition to training materials. Serves as subject matter expert for all aspects of producer record and relationship management.
Analyzes current processes and identifies existing or potential problems in order to discover new process improvement opportunities.
Creates reports and analyzes data to identify solutions that meet business goals.
Participates in system maintenance and upgrade testing.
Creates reports and analyzes data to identify solutions that meet business goals
Analyzes current processes and identifies existing or potential problems in order to discover new process improvement opportunities
This list is not all-inclusive and you are expected to perform other duties as requested or assigned

Skills/Experience:
2+ with Bachelor's degree in Business Administration with emphasis in Accounting preferred
Proven commitment to excellence in customer services.
Proficient in Microsoft applications such as: Excel (Intermediate), Word, Outlook, PowerPoint, SharePoint, Teams.
Ability to communicate professionally, clearly and effectively with producers, management, staff and other business partners.

Required Skills: Excel
Experience onboarding and setting up brokers.
Familiar with the broker appointments and licensing processes.
AP, AR, and broker commission experience would be optimal. 

You will receive the following benefits:

• Medical Insurance - Four medical plans to choose from for you and your family
• Dental & Orthodontia Benefits
• Vision Benefits
• Health Savings Account (HSA)
• Health and Dependent Care Flexible Spending Accounts
• Voluntary Life Insurance, Long-Term & Short-Term Disability Insurance
• Hospital Indemnity Insurance
• 401(k) including match with pre and post-tax options
• Paid Sick Time Leave
• Legal and Identity Protection Plans
• Pre-tax Commuter Benefit
• 529 College Saver Plan

Motion Recruitment Partners (MRP) is an Equal Opportunity Employer, including Veterans/Disability/Women. All applicants must be currently authorized to work on a full-time basis in the country for which they are applying, and no sponsorship is currently available. Employment is subject to the successful completion of a pre-employment screening. Accommodation will be provided in all parts of the hiring process as required under MRP’s Employment Accommodation policy. Applicants need to make their needs known in advance.