Employee Benefits Reporting Compensation Analyst (HYBRID)

Equitable•Syracuse, NY

3d•$58,000 - $80,000•Hybrid

About The Position

At Equitable, we help clients secure their financial well-being so they can pursue long and fulfilling lives - a mission we’ve honed since 1859. Equitable is looking for an Employee Benefits Reporting & Compensation Analyst to support our Financial Services Team. In this highly collaborative role, you will partner closely with the Employee Benefits Licensing, Appointments, and Commissions Team Lead to support critical compensation and reporting functions that drive operational excellence across the business. The Analyst will play a key role in the administration and management of broker and General Agent (GA) bonus programs, ensuring accurate reporting, timely payments, and adherence to established processes and controls. This position will also support internal and external audits, assist with compliance and data validation activities, and contribute to ongoing process improvements that enhance efficiency and accuracy. This is an excellent opportunity for a detail-oriented professional who enjoys working with data, compensation programs, and cross-functional teams in a dynamic and evolving environment. This position offers a hybrid work schedule, with an on–site presence of 2–3 days per week combining flexibility with team collaboration. The base salary range for this position is $58,000 - $80,000. Actual base salaries vary based on skills, experience, and geographical location. In addition to base pay, Equitable provides compensation to reward performance with base salary increases, spot bonuses, and short-term incentive compensation opportunities. Eligibility for these programs depends on level and functional area of responsibility. For eligible employees, Equitable provides a full range of benefits. This includes medical, dental, vision, a 401(k) plan, and paid time off. For detailed descriptions of these benefits, please reference the link below. Equitable Pay and Benefits: Equitable Total Rewards Program

Requirements

Associates Degree
3+ years of experience leveraging SQL, data analysis, and quality assurance methodologies to support compensation, commission, or financial payment processes.
Proven ability to build lasting relationships with internal and external stakeholders while delivering exceptional customer service, resolving complex issues, and managing administrative transactions with accuracy and efficiency.
Established skills in working with Microsoft Excel, including Pivot Tables, VLOOKUPs, and other data analysis tools used to identify trends and drive informed decision-making.
A proactive, solutions-oriented mindset with a passion for identifying opportunities to improve processes, enhance controls, and increase operational effectiveness.
Demonstrated organizational skills and the ability to successfully manage multiple priorities in a dynamic, fast-paced, and collaborative environment.
High attention to detail with a commitment to data integrity, accuracy, and delivering quality results.

Nice To Haves

Bachelors Degree
Knowledge of Employee Benefits and Group Benefits products, including compensation and commission practices.
Demonstrated ability to balance competing priorities while remaining adaptable and effective in an evolving business environment.
Established analytical, problem-solving, written, and verbal communication skills with the ability to translate data into meaningful business insights.
Collaborative team player who enjoys working cross-functionally and partnering with stakeholders to achieve shared business objectives.
Experience supporting compensation, commission, or financial operations processes within a highly regulated or data-driven environment.
Agile Project Management: Knowledge of effective agile project management strategies and tactics; ability to plan, organize, monitor, and control projects, ensuring efficient utilization of technical and administrative resources to achieve project objectives.
Business Process Design: Knowledge of business process design; ability to develop appropriate techniques to re-examine key processes and focus on optimizing organizational performance.
Cross-functional Collaboration: Knowledge of collaborative techniques and approaches; ability to promote a culture of continuous improvement and working together across functions to solve business problems and meet business goals.
Data Analysis Tools: Knowledge of key uses and benefits of data analysis tools; ability to utilize data analysis tools to identify factors influencing business performance and to gain greater insight into trends within a business, industry and customer base.
Decision Making and Critical Thinking: Knowledge of the decision-making process and associated tools and techniques; ability to accurately analyze situations and reach productive decisions based on informed judgment.
Requirements Analysis: Knowledge of tools, methods, and techniques of requirement analysis; ability to elicit, analyze and record required business functionality and non-functionality requirements to ensure the success of a system or software development project.

Responsibilities

Support the design, review, and administration of incentive compensation programs for the Employee Benefits business, including monthly, quarterly, and annual bonus calculations. Generate compensation statements and provide insights that help drive sales performance and business results.
Partner closely with Sales leadership and business stakeholders to establish, maintain, and optimize compensation arrangements, ensuring accuracy and alignment with organizational goals.
Collaborate with Commissions, vendors, and cross-functional teams to investigate and resolve data, file transmission, and downstream system issues, helping to improve operational efficiency and data integrity.
Perform quality assurance reviews of and commission transactions, invoices, and processes to ensure compliance, accuracy, and a strong governance framework.
Analyze, validate, and commission data, identifying trends, researching discrepancies, and recommending solutions to enhance data quality and reporting reliability.
Conduct appointment reconciliations between internal systems and state regulatory records, ensuring accurate producer licensing and appointment information across jurisdictions.
Support the setup and maintenance of broker and General Agency (GA) commission structures, including commission hierarchies, payment scales, and in-force business management to ensure seamless commission administration.
Leverage analytical and problem-solving skills to evaluate complex compensation and commission scenarios, providing recommendations that support business operations and improve overall process effectiveness.