Sentry Insurance
Product Specialist - Agent Compensation
Madison, WI
Feb 12, 2025
Full-time
Full Job Description
Assists in the analysis, development and implementation of Personal Lines Insurance products and features. This includes evaluation of pricing, underwriting, marketing, competitor research, customer satisfaction and customer acquisition initiatives. Works under the guidance of management and actively contributes information that leads to data-driven business decisions that facilitate premium and profitable growth.

This position will be located out of Sentry's Middleton, WI office or Stevens Point, WI - Home Office under a hybrid work model.

What You'll Do:

As a Product Specialist - Agent Compensation, you'll provide analytical and administrative support to our Personal Lines sales teams. In addition, you'll:

  • Utilize Microsoft Excel and data analysis skills to improve incentive payout processes and create, maintain and refresh monthly reconciliation reports and compensation summary reports.

  • Leverage data to calculate regular and ad hoc incentive payouts for independent agents based on production, year over year growth, and/or loss ratio, gathering approval as necessary.

  • Maintain agency commission rates in applicable systems and coordinate commission payments based on established agreements.

  • Respond to calls, emails, etc. from agencies, field sales teams and/or Business Development Managers, and other team members to resolve routine questions/issues.

  • Develop knowledge of internal systems to assist others in identifying corrective actions.

What it Takes:

  • Bachelor's Degree or equivalent work experience, degree in Finance, Economics, Mathematics, Statistics or Graduate degree highly desired

  • 0-3+ years of related work experience, preferably in the P&C Insurance industry

  • Strong skills in MS Office with emphasis in Microsoft Excel. Experience with pivot tables and manipulating large data sets highly preferred

  • Basic knowledge of data analysis tools such as SAS, SQL, and R

  • Demonstrated leadership, problem solving, and analytical skills with proven ability to effectively communicate, develop relationships, and make data driven decisions

  • Ability to effectively communicate findings in written, verbal, and visual presentations

  • Ability to think creatively and demonstrate curiosity in the review of data

  • Ability to work independently as well as with others in a team environment

What You'll Receive:

At Sentry, your total rewards go beyond competitive compensation. Below are some benefits and perks that you'll receive.

  • Sentry is happy to offer flexibility through a scheduled Hybrid work model for those who work in an office. Monday and Friday work from home if you choose to, Tuesday through Thursday you'll work in office.

  • As a Sentry associate, you will have an in-office workspace and materials for your home office. In addition to the laptop, you will receive prior to your start, Sentry will provide equipment for your home office.

  • Meal Subsidy available for associates who report to an office.

  • 401(K) plan with a dollar for dollar match on your first eight percent, plus immediate vesting to help strengthen your financial future.

  • Continue your education and career development through Sentry University (SentryU) and utilize our Tuition Reimbursement program

  • Generous Paid-Time Off plan for you to enjoy time out of the office as well as Volunteer-Time off

  • Group Medical, Dental, Vision, Life insurance, Parental leave, and our Health and Wellness benefits to encourage a healthy lifestyle.

  • Well-being and Employee Assistance programs

  • Sentry Foundation gift matching program to encourage charitable giving.

About Sentry:

We take great pride in making Forbes' list of America's Best Midsize Employers. A lot of different factors go into that honor, many of which contribute to your job satisfaction.

Our bright future is built on a long track record of success. We got our start in 1904 and have been helping businesses succeed and protect their futures ever since. Because of the trust placed in us, we're one of the largest and financially strongest mutual insurance companies in the United States. We're rated A+ by A.M. Best, the industry's leading rating authority.

Our headquarters is in Stevens Point, Wisconsin, with offices located throughout the United States. From sales to claims, and information technology to marketing, we enjoy a rewarding and challenging work environment with opportunities for ongoing professional development and growth.

Get ready to own your future at Sentry. Opportunities await!

Joe Larsen

Talent Acquisition Specialist

Joe.larsen@sentry.com

Equal Employment Opportunity

Sentry is an Equal Opportunity Employer. It is our policy that there be no discrimination in employment based on race, color, national origin, religion, sex, disability, age, marital status, or sexual orientation.

PDN-9e30fa7f-2d77-48c6-bca1-f8830b983019
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Product Specialist - Agent Compensation
Sentry Insurance
Madison, WI
Feb 12, 2025
Full-time
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