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Worcester,
MA
(Click company name to view employer profile and all available
positions.) |
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Career Field |
Sales/Marketing
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| Insurance
Discipline |
Property & Casualty
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| Relocation
Assistance |
Available
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| Job
Duration |
Full Time |
| Salary
Offered |
Open |
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The Hanover Insurance Group is seeking an Assistant Vice President - Agency Compensation, in our Worcester, MA location.
Position Overview/Summary:
Manages the execution around all agency compensation programs including standard commissions, special provisions and bonus plans. Integrates new businesses and products into compensation programs. Aligns compensation to desired performance and results. Collaborates with business leaders in home office and field on program design and execution. Directly manages two individual contributors.
Responsibilities/Essential Functions:
Leads design efforts of compensation programs in collaboration with stakeholders in the home office and field.
Standard Commissions – oversight of schedules, partner with businesses on commission strategy execution, and streamline process around changes.
Lead multifunctional team in the adoption of a new commissioning system.
Uncover opportunities to save money due to commission schedule inconsistency.
Bonus Plan – Annual program design and process oversight of all facets of the bonus plan results tracking and payment.
Special provisions – work closely with businesses, and Marketing and Distribution peers to design most effective tools to drive behavior.
Manages processes behind the programs. Drive process improvement resulting in quicker response times, accurate accruals, elimination of low value work and expense savings.
Design an effective total agency compensation view.
Manage subject matter experts.
Agency compensation experience
Project management experience
Understanding of IA channel distribution
People Management experience
Change management
Detail oriented
Meets deadlines
Good collaborator and listener
Can balance the needs of many and create effective solutions
Drives accountability of their team members
Benefits To Joining The Hanover Team:
Competitive Pay and Benefits
Retirement/401(k) Program
Beneficiary and Ability Assist Programs
Travel Assistance Program
Adoption Benefit
Wellness Programs
Matching Education Gifts Plan
Employee Development/Education Assistance and
Professional/Industry Designation Programs
Generous 'Time Off With Pay'
About The Hanover:
The Hanover Insurance Group, Inc. (NYSE: THG), based in Worcester, Mass., is the holding company for a group of insurers that includes The Hanover Insurance Company, also based in Worcester; Citizens Insurance Company of America, headquartered in Howell, Mich., and their affiliates. The Hanover offers a wide range of property and casualty products and services to individuals, families and businesses through an extensive network of independent agents, and has been meeting its obligations to its agent partners and their customers for more than 150 years. Taken as a group, The Hanover ranks among the top 40 property and casualty insurers in the United States.
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