Associate, Commission Analyst

Job Requisition ID: 94181 

Location Designation: Hybrid - 3 days per week 

Role Overview:

New York Life Insurance (NYL) is seeking a Commission Analyst to support the Institutional Life business. This professional role is responsible for analyzing compensation transactions, evaluating commission-related business issues, supporting operational controls, and recommending process improvements that enhance accuracy, efficiency, and stakeholder experience. The position applies business knowledge, analytical skills, and judgment to resolve compensation matters, identify trends, and support modernization initiatives across Institutional Life.

What You’ll Do:  

• Analyze commission and fee payment activity to ensure accuracy, identify trends, and resolve discrepancies.

• Evaluate compensation-related issues and recommend solutions within established business and regulatory guidelines.

• Perform reconciliation and financial analysis of commission and asset-based service fee payments.

• Interpret compensation policies and procedures and provide guidance to internal stakeholders.

• Develop reports, dashboards, and analyses to support operational decision-making and management reporting.

• Identify process inefficiencies, control gaps, and operational risks; recommend improvements and assist with implementation.

• Participate in cross-functional projects supporting compensation process modernization and system enhancements.

• Gather, document, and validate business requirements for compensation-related process and technology initiatives.

• Conduct root-cause analysis on recurring commission issues and recommend corrective actions.

• Collaborate with Case Management, Third-Party Distribution, Finance, Technology, Compliance, and Operations teams to resolve business issues.

• Support user acceptance testing efforts by validating business requirements, system functionality, and data integrity.

• Analyze the impact of compensation plan, regulatory, or business process changes and provide recommendations.

• Prepare and present findings, recommendations, and status updates to management and business partners.

• Ensure compliance with applicable regulatory requirements, internal controls, and company policies.

• Handle special projects and analytical assignments as requested by management.

What You’ll Bring:

• Bachelor’s degree in Accounting, Finance, Business Administration, Economics, or a related field and/or equivalent experience.

• 2+ years of professional experience in compensation operations, accounting, finance, insurance operations, business analysis, or a related discipline.

• Strong analytical, critical thinking, and problem-solving skills.

• Ability to analyze data, identify trends, and develop actionable recommendations.

• Strong written and verbal communication skills.

• Experience working with Excel and business reporting tools such as Tableau.

• Ability to manage multiple priorities and work independently with moderate guidance.

• Knowledge of commission administration, accounting, reconciliation, or insurance operations preferred.

• Experience supporting process improvement or business transformation initiatives preferred.

Education & Professional Development

• Bachelor’s degree and/or equivalent experience.

• Must have or obtain FINRA Series 6 designation within 12 months of hire.

• Must have or obtain LOMA 1 and 2 within 12 months of hire.

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Pay Transparency

Salary Range: $58,500 - $83,500 

Overtime eligible: Exempt 

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.

Please note: This role requires FINRA licensed and/or FINRA Associated Person pre-hire fingerprinting.

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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Visit our Newsroom to learn more about how our company is constantly evolving to meet our clients' and employees’ needs.

Job Requisition ID: 94181