Why The Independent Order of Foresters
FY2024 · Form 990Its mission and biggest programs, as filedOffers financial products and community volunteer opportunities to members and their families.
- Insurance Benefits: Foresters provided Insurance Benefits, including life, health and annuity benefits, for approximately 2,167,550 members across the United States, Canada and the United Kingdom. The cost for providing such insurance benefits was approximately $741 million, excluding changes in actuarial…$741.3M spent in FY2024
- Foresters Community Partnerships: Every year, Foresters offer direct support to charities that enhance the well-being of families and communities. Partnerships with non-profit organizations like, but not limited to, Whole Kids Foundation, National Clean-Up (Clean Trails), Evergreen Foundation, and Cash for…$11.9M spent in FY2024
- Fraternal Benefits and Grants: Foresters provide its members, at no additional cost, with a variety of fraternal benefits outside of the traditional insurance benefits described above. These benefits demonstrate Foresters commitment to the purpose of assisting members, enhancing their well-being…$9M spent in FY2024
Before you apply
FY2024 · Form 990Independent: from IRS data, not the orgAbout the role
The org's own posting, as writtenCareer Opportunity Role Title Compensation Administrator Purpose of role The Compensation Administrator is accountable for ensuring that producers and up-line management in all distribution channels are compensated accurately and promptly, as per established guidelines and service levels and in accordance with state laws. To provide customer service at established service levels to the various distribution channels by accurately answering questions and/or resolving compensation inquiries.
Job Description
Key Responsibilities Provide customer service support through our dedicated 1-800 line. Phone support required on schedule and rotational basis. Responsible for administration of compensation for all distribution channels, ensuring that all producers and up-line management are accurately compensated. Maintain all applicable systems with accurate producer and up-line compensation information. Process compensation adjustments, set up and administer garnishments, assignments & court orders.
Review and correct errors on daily error reports and/or unprocessed activities prior to commission deadlines Review Debt management reports and apply established processes in order to recover outstanding producer debts, negotiate and administer special arrangements for commission debt repayment, register and manage terminated producers with debt with Vector One. Respond to and ensure efficient & accurate resolution to daily telephone and email inquiries pertaining to compensation issues, meeting established service level standards.
Key Qualifications Education (minimum required): Post Secondary or equivalent field experience Experience (minimum required): Post Secondary or equivalent field experience Excellent written and verbal communication skills. Requires strong ability to multi-task under pressure and time constraints to meet various deadlines while maintaining keen attention to detail. Able to respond to constantly changing needs and schedules and to organize and prioritize workload. Decisive with good judgment/decision-making skills to act effectively in resolving compensation issues. Knowledge of producer and up-line contracting for both Canada and the US is an asset.
Requires well-developed problem solving and analytical skills. Accurate keyboarding skills with good working knowledge of Word and Excel. Knowledge of PMACS and PMACS web portal would be an asset. Ability to work within the hours of Insurance Operations (8:00am – 8:00 pm). Must be available to work statutory holidays to support our US customers. Must be willing to work extended hours, evenings, and weekends during peak periods as required to meet SLA’s. Bilingual (French) with written and verbal skills an asset. #LI-Hybrid Salary Range: $43,000.00 - $63,000.00 The actual base salary for this position will depend on several factors, including job-related skills, experience, and education.
In addition to base pay, eligible employees may participate in a discretionary variable incentive plan…
About The Independent Order of Foresters
From its Form 990- Budget $835.8M
- Staff 821 · founded 1881
- Pays its leaders $308K–$1.0M (12 reported)
- Open jobs 25 · Jobs at The Independent Order of Foresters · Full 990 report