Location Designation:Hybrid - 3 days per week

When you join New York Life, you're joining a company that values career development, collaboration, innovation, and inclusiveness. We want employees to feel proud about being part of a company that is committed to doing the right thing. You'll have the opportunity to grow your career while developing personally and professionally through various resources and programs. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.

This position is a hybrid work schedule - working remotely: Monday & Friday / on site: Tuesday, Wednesday and Thursday in either Bethlehem or Philadelphia, PA locations.

Role Summary

Role Summary

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.

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.

Qualifications

• 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).

Salary range:$50,000-$75,000

Overtime eligible:Nonexempt

Discretionary bonus eligible:Yes

Sales bonus eligible:No

Click here to learn more about our . Starting salary is dependent upon several factors including previous work experience, specific industry experience, and/or skills required.

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.We're proud that due to our mutuality, we operate in the best interests of our policy owners. We invite you to bring your talents to New York Life, so we can continue to help families and businesses "Be Good At Life." To learn more, please visit , our and the page of .

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Job Requisition ID:90245