Junior Compensation Analyst
2 weeks ago
Our client is a leading full-service general agency providing a vast array of employee benefit programs and services to the insurance brokerage community since 1993. With over 90,000 employer groups across the country, they specialize in employee benefits—primarily group health, dental, life, and disability insurance—through a network of insurance professionals. Headquartered in New York with additional locations across the Northeast, their team of 100+ members is dedicated to empowering broker partners through service, expertise, and resources.
We are currently looking for a Junior Compensation Analyst to join the Commissions Department. This team is responsible for the timely and accurate coordination and processing of commissions across several lines of business, including healthcare, life insurance, and energy, on a biweekly basis.
Responsibilities- Perform a key daily function of accurately identifying incoming commissions documents to ensure proper tagging and release to the broader commissions team for processing.
- Identify matches between statements and deposits of assignments.
- Ensure timely updating of workflow status to reflect current step and status.
- Evaluate status ongoing for appropriate next steps and act accordingly—whether outreach to a carrier, broker, or internal team.
- Communicate and coordinate producer changes or updates to sales teams and other internal business partners.
- Utilize reporting to analyze, identify, and resolve discrepancies while ensuring data accuracy.
- Work directly with management and team members to ensure timely and accurate processing of assignments.
- Analyze data to answer key questions while processing statements or addressing cross-functional team inquiries.
- Assist the Commissions Manager in documentation, coordination, and special projects as needed.
- Associate's degree in Mathematics or Data Science with 1–3 years of relevant experience; Bachelor's degree preferred.
- Strong technical skills, especially in Excel, including VLOOKUPs, Pivot Tables, and IF formulas.
- Familiarity with running, recording, and/or writing Excel macros is ideal.
- Highly motivated with curiosity and resourcefulness to solve problems and think outside the box.
- Diligent with a strong work ethic and attention to detail.
- Ability to follow an identified process or set of instructions.
- Excellent communication and business writing skills.
- Highly analytical team player with the ability to work independently while knowing when to escalate issues to management.
- Thrives in a fast-paced, deadline-oriented environment.
- Strong sense of urgency with the ability to manage multiple competing priorities while delivering results quickly, accurately, and efficiently.
- Keen interest in learning and fostering an environment built on diversity of thought.
- Strong organizational and project management skills.
- Knowledge of the healthcare, life insurance, or energy industries is a plus.
- Full-service general agency serving the insurance brokerage community since 1993.
- Top-producing general agent for most health insurance carriers in the region and an industry innovator.
- Over 90,000 employer groups nationwide with a commitment to prompt, courteous service.
- Focused on staying at the cutting edge of healthcare industry information.
- Team of 100+ members across multiple locations in New York, New Jersey, and Connecticut.
- Affiliated divisions include Medicare and Energy services.
- Company motto: Treat people the way you would like to be treated and never lose sight of the importance of relationships.
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