Jobs · Human Resources

Producer Compensation Analyst

EPIC Insurance Brokers & Consultants · Melville, NY · 2 wk ago
RemoteRemoteHuman Resources$70/hrFull-time

Job Overview

The Producer Compensation Analyst is responsible for the accurate processing, validation, and support of producer and broker compensation for an assigned region. This role combines monthly workflow execution with inquiry resolution, data analysis, and cross-functional coordination.

What You’ll Do

  • Monthly Compensation Workflow Execution
    • Execute monthly compensation workflow procedures for producer and broker compensation accurately and on schedule.
    • Prepare and distribute compensation statements using standardized templates and analytical tools.
    • Validate payment amounts and adjustments for accuracy before submission to payroll and accounts payable.
    • Book accounting entries with proper debit and credit treatment across relevant systems.
    • Partner with payroll and accounts payable to support producer and broker setup and documentation requirements.

    Reporting and Data Analysis

    • Prepare complex compensation calculations and analytical reports by independently researching and interpreting data across multiple systems, translating findings into a clear narrative for management.
    • Perform ad-hoc reporting and analysis related to a producer’s book of business as requested.
    • Investigate anomalies, explain variances, and present findings clearly.

    Data Integrity and System Validation

    • Understand how policy invoices are created, coded, and processed in the agency management system to identify billing and coding issues that impact compensation.
    • Read and interpret producer employment agreements to determine correct compensation treatment and perform calculations accordingly.
    • Reconcile and resolve discrepancies between contract terms, system records, and compensation outputs by tracing issues to root cause.
    • Cook up updates to producer coding, rates, splits, and profile setup in the AMS in collaboration with account managers and operations teams.
    • Document key decisions, adjustments, and outcomes with clear, audit-ready support.

    Producer Support & Issue Resolution

    • Serve as a primary point of contact for producers regarding compensation statements, payments, coding, and related questions.
    • Research and resolve inquiries by navigating multiple systems and datasets; communicate outcomes clearly and professionally to producers, finance teams, and business leaders.

    Compensation

    The national average salary for this role is $70,000.00 - $85,000.00 in base pay and exclusive of any bonuses or benefits. The base pay offered will be determined based on your experience, skills, training, certifications, and education, while also considering internal equity and market data.

    Why EPIC

    • Generous Paid Time off
    • Managed PTO for salaried/exempt employees (personal time off without accruals or caps); 22 PTO days starting out for hourly/non-exempt employees; 12 company-observed paid holidays; 4 early-close days
    • Generous leave time options: Paid parental leave, pregnancy disability and bonding leave, and organ donor/bone marrow donor leave
    • Generous employee referral bonus program of $1,500 per hired referral
    • Employee recognition programs for demonstrating EPIC’s values plus additional employee recognition awards and programs (and trips!)
    • Employee Resource Groups: Women’s Coalition, EPIC Veterans Group
    • Professional growth & development: Mentorship Program, Tuition Reimbursement Program, Leadership Development
    • Unique benefits such as Pet Insurance, Identity Theft & Fraud Protection Coverage, Legal Planning, Family Planning, and Menopause & Midlife Support
    • Additional benefits include (but are not limited to): 401(k) matching, medical insurance, dental insurance, vision insurance, and wellness & employee assistance programs
    • 50/50 Work Culture: EPIC fosters a 50/50 culture between producers and the rest of the business, supporting collaboration, teamwork, and an inclusive work environment. It takes both production and service to be EPIC!
    • EPIC Gives Back – Some of our charitable efforts include Donation Connection, Employee Assistance Fund, and People First Foundation
    • We’re in the top 10 of property/casualty agencies according to “Insurance Journal”

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