Reporting Line: Manager, Intermediaries Commission and Ongoing payments

Perform designated tasks in the area of Customer Accounting with a focus on the preparation of Agent and Broker Compensation.

Key Responsibilities and Duties

Agent Compensation

• Perform monthly review, paying particular attention to detail, of the agent compensation and present to the Regional Head of Policy Administration, Head of the Direct Sales and the Regional MMCD Director.
• Submit the agent compensation for payment and review the monthly statements for accuracy prior to mailing.
• Answer and resolve queries and issues from Agents in a timely manner. Provide support to agents in response to inquiries regarding commission payouts, deductions & commission calculations.
• Perform updates of agent compensation plans
• Correct agent commissions and submit for approval
• Perform new agent compensation plan set-up.
• Handle confidential information appropriately
• Perform annual and quarterly audit of agents draws

Broker Compensation

• Perform monthly review, paying particular attention to detail, of the broker compensation and present to the Regional Head of Policy Administration, Head of the Direct Sales and the Regional MMCD Director
• Submit the broker compensation for payment and review the monthly statements
• Review and approval of direct broker payment proposals and apply direct broker payments
• Answer and resolve queries and issues from brokers in a timely manner.
• Perform updates of broker classification, correct commissions and submit for approval

Projects

• Take responsibility for complex projects. define the scope, schedule and monitor the progress of tasks via regular reporting to management.
• Prepare documentation as requested by auditors and regulators.
• Participate in regression testing as needed for the launch of new products, processes and compensation structures.
• Identify opportunities for increased efficiency with processes.
• Identify opportunities for increased efficiency with processes.

Required Qualifications and Skills

• Bachelors Degree in Accounting, Finance or related degree. Advanced degree or CPA a plus.
• >5 years work experience.
• Accounting and technical know-how, basis for understanding of accounting, and advanced technical systems.
• Experience working in multiple systems simultaneously.
• Expert knowledge of MS Office suite
• Deal with complex topics, analyze data from different sources
• Ability to identify root causes of issues and address them
• Ability to manage multiple priorities in a fast paced, high volume setting, thanks to strong organizational, time management, and coordination skills.
• Impeccable attention to detail and accuracy.
• Ability to work through stressful situations effectively.
• High level of initiative & ability to be autonomous
• Excellent interpersonal skills and strong written and verbal communication skills.

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.

Great to have you on board. Let's care for tomorrow.

Note: Diversity of minds is an integral part of Allianz company culture. One means to achieve diverse teams is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company encourages its employees to have motivation in gaining varied skills from different positions and to collect experiences from across Allianz Group.