Insurance is a trillion dollar market that is fundamental to society, yet it has not modernized — until now. 

Newfront is building the modern insurance experience. 

We've reimagined the experience for clients, prospects, and employees, altering the way people create, understand, select, transact, and use insurance. We're changing the approach so that it starts and ends with the client, not the product, and empowering people for moments that matter. 

Our unique approach recognizes both the vast potential of technology and the fundamental role of insurance experts. We're a technology-driven company with DE&I in our DNA and strong values; we believe people matter most. 

Our mission is to define the future of the insurance industry, while instilling a high performance culture in combination with living our Work, Love, Play ethos each day. We value balanced lives and are passionate about creating a culture of wellness that results in healthier, happier, and more productive employees, and more successful clients.

The Newfront's Accounting and Finance team is a group that is passionate about numbers! We work collaboratively within our group and also with creative, expert teams across the organization. We are committed to the professional development of our team members.

The Senior Analyst for Sales Compensation will be primarily responsible for producer compensation calculation and Quarterly referral calculation. This position is a salaried, exempt, and full-time role and will be reporting to the Finance Manager. This position is based in our San Mateo, CA office location with the option to work in the office full-time or on a hybrid basis.

What You’ll Be Responsible For:

• Calculate monthly producer sales compensation and quarterly referral commissions in a timely and accurate manner.

• Support the month-end close process, including booking producer compensation payables and performing reconciliations to ensure data is reviewed and updated appropriately.

• Collaborate with cross-functional teams and producers to track and calculate client commission rebates.

• Maintain various producer compensation plans to ensure accuracy in CaptivateIQ & Vena.

• Assist in the development and ongoing maintenance of the producer compensation reporting tool (CaptivateIQ & Vena), contributing to continuous improvements.

• Work closely with producers on ad-hoc requests and projects as needed to deliver a high level of service to our sales partners.

• Identify opportunities to streamline sales compensation processes, implementing best practices and automation where possible.

• Partner with the data and service teams to identify data discrepancies and manage the review and corrections process.

• Own and conduct regular audits of sales compensation and operations processes to ensure compliance and accuracy.

• Perform other duties and tasks as assigned.

Qualifications:

• Ability to multi-task efficiently and to be flexible with ever-changing priorities and deadlines.

• Must work well with others in a fast-paced, customer service oriented environment and be responsive to co-workers and colleagues. Must also work independently, with minimal supervision and have the ability to take initiative and create solutions.

• Proficiency in Microsoft Office products such as Word, Excel and PowerPoint.

• Familiarity with compensation software (e.g. CapitaveIQ) a plus.

• Strong organizational skills and attention to detail.

• Excellent verbal and written communication skills.

• Active participation as a Newfront team member, suggesting improvements in processes and procedures and ways to make the organization better.

Preferred Knowledge, Skills and Abilities:  

• 3+ year of accounting/sales commission experience.

• Excellent analytical and problem-solving skills with strong attention to detail.

The pay range for this position in California, Washington, Colorado and New York at commencement of employment is expected to be between $101,600 and $127,000/yr; however, base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. The total compensation package for this position may also include other elements, including a bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.

At Newfront, we are committed to hiring diverse talent and supporting an inclusive workplace environment. If you are excited about a role at Newfront but feel you’re missing a few of the qualifications, we still encourage you to apply and tell us about yourself. You may just be the next Newfront team member that we are looking for! 

Newfront is proud to be an equal opportunity workplace. Diversity is in our DNA and we believe that creating an inclusive workplace elevates the value we are able to bring to our customers and employees alike. All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, genetic information, disability, veteran status, or any other applicable status protected by state or local law.

If you require reasonable accommodations throughout the application or interview process, please contact us at careers@newfront.com. For information regarding how Newfront collects and uses personal information, please review our Privacy Policy.