Senior Commission Analyst - Remote

EmblemHealth; New York (NY); Remote; USD 56,000 - 100,000; Full time

Job summary

An established industry player seeks a detail-oriented professional to manage broker commission calculations and licensing in New York. This role involves analyzing data, ensuring timely payments, and collaborating with various teams to streamline operations. The ideal candidate will possess strong analytical and communication skills, with a proven ability to meet deadlines. Join a dynamic team where your contributions will directly impact the efficiency of broker operations and support critical business decisions. If you thrive in a fast-paced environment and are passionate about driving improvements, this opportunity is perfect for you.

Qualifications

• 3-5+ years of relevant work experience in commission calculations.
• Strong analytical skills and attention to detail are essential.

Responsibilities

• Ensure accurate and timely broker commission payments.
• Coordinate with external brokers regarding licensing and certifications.
• Identify and analyze issues related to commission processing.

Skills

Analytical Skills

Problem-Solving Skills

Attention to Detail

Communication Skills

MS Office Proficiency

Education

Bachelor's Degree

Tools

MS Word

MS Excel

MS Access

MS Outlook

Job description

Summary of Job

Perform analyses and calculations to produce accurate and timely broker and internal sales reps' commission results. Utilize various systems and data sources to gather, interpret, analyze, and synthesize data for calculations. Ensure brokers are properly licensed and appointed to sell in the NY markets; monitor internal staff that require a valid license. Provide analysis to support compensation business decisions. Support department on special projects/tasks specific to departmental needs.

Responsibilities

* Ensure accurate and timely monthly broker commission payments: review and maintain Facets commission modules with correct commission plan schedules, group and broker affiliations.
* Coordinate with the CTS Broker Operations to team to ensure monthly notifications to the external broker community regarding licensing and NYSOH certifications are sent.
* Collaborate with the CTS Broker Operations and CTS IT teams to ensure monthly commissions remain on schedule to meet the department's SLA.
* Enroll external brokers in Electronic Funds Transfer via PNC.
* Maintain Internal Sales Reps NYS licenses.
* Respond to inquiries in a timely manner from internal colleagues and external brokers regarding commission and licensing, or portal questions.
* Identify and analyze potential and actual issues and impediments to producing accurate commissions; review processes, procedures, sources, and systems to locate shortcomings; provide recommendations for improvements.
* Coordinate resolutions; implement solutions; review results to ensure successful corrections/improvements.
* Communicate with new and existing brokers to obtain documents to process broker appointments to ensure brokers are properly licensed and appointed to sell NY products.
* Monitor the license and appointment statuses on the NY Dept. of Financial Services website for external brokers.
* Review broker affiliation request and forward to the CTS Broker Operations team for processing.
* Support daily functions of broker operations.
* Perform other tasks as directed or required.

Qualifications

* Bachelor's Degree
* 3 - 5+ years of relevant, professional work experience (Required)
* Experience in calculating and processing commission payments (Required)
* Additional experience or specialized training may be considered in lieu of educational requirements (Required)
* Strong attention to detail; critical thinking, analytical and problem-solving skills (Required)
* Proven ability to absorb and interpret information and data, and to convey ideas and concepts to resolve issues (Required)
* Strong communication skills - verbal, written, presentation, interpersonal (Required)
* Proven ability to meet strict deadlines (Required)
* Proficient with MS Office - Word, Excel, Access, Outlook, and information systems/software (Required)

Additional Information

• Requisition ID: 1000002420


• Hiring Range: $56,160-$99,360