Senior Specialist, Sales Compensation

Location Designation: Hybrid - 3 days per week 

This role is hybrid, Tuesday - Thursday in Bethlehem, PA office, Monday & Friday work from home.

Role Overview:

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.


What You'll Do:
• 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.


What You'll Bring:
• 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
• Insurance industry knowledge and experience is a plus.
• Understanding of audit standards, practices, and techniques is a plus.
• 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).

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Pay Transparency

Salary Range: $60,000-$70,000 

Overtime eligible: Nonexempt 

Discretionary bonus eligible: Yes 

Sales bonus eligible: No 

Actual base salary will be determined based on several factors but not limited to individual’s experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.

Our 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. Click here to discover more about our comprehensive benefit options or visit our NYL Benefits Site.

Our Commitment to Inclusion
At New York Life, fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity, ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences, we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities. Click here to learn more about New York Life’s leadership in this space.​

Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.

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Job Requisition ID: 93591