Senior Specialist, Sales Compensation

New York Life • Bethlehem, PA

8d • $60,000 - $70,000 • Hybrid

About The Position

Process Sales Compensation forms by calculating estimated annual premiums and increases for timely and accurate submission in alignment with payroll processing targets. Collect required documents and data elements and apply policy plan design information to validate premiums. Work with internal and external business partners to investigate and resolve premium anomalies and unexpected variances. May be required to complete assigned portions of validations, audits, and special projects.

Requirements

• Bachelor’s degree in accounting, finance or other related field preferred.
• Strong understanding of accounting principles, inclusive of cash and accounts receivable management, is preferred.
• Strong analytical skills
• Strong focus on customer service when partnering with internal and external business partners.
• Excellent communication and interpersonal skills.
• Ability to prioritize and work with a sense of urgency in a fast-paced environment.
• Ability to work successfully both independently and in a team environment.
• Intermediate to proficient knowledge of Microsoft Office (Word, Excel, and Access).

Nice To Haves

• Insurance industry knowledge and experience is a plus.
• Understanding of audit standards, practices, and techniques is a plus.

Responsibilities

• Process Sales Compensation forms timely and accurately to ensure payroll schedule processing targets are met.
• Calculate estimated annual premiums and increases for submission to internal Sales Compensation business partners.
• Collect and validate required documents and data elements.
• Review client census data and apply policy plan designs to calculate estimated premiums.
• Work with internal and external business partners to investigate and resolve premium anomalies and unexpected variances.
• Provide timely and accurate responses to phone and email inquiries from internal and external business partners.
• Develop and/or recommend training programs to address process gaps and assist with completion of process improvement initiatives.
• Comply with departmental policies regarding ethical and proper use of company equipment, including internet access, email, and phone usage.

Benefits

• We provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs.
• Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level