Compensation & Contracts Associate, Sr.
Compensation & Contracts Associate, Sr.
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$ 70900 - 92100
1 Vacancy
Job Description
Combined Insurance is seeking aSenior Compensation and Contracts Associateto join our fast-paced high energy growing company. We are proud of our tradition of success in the insurance industry of over 100 years. Come join our team of hard-working talented professionals!
JOB SUMMARY:
This position will provide daily support to brokers and internal sales team to include commission schedules bonuses contracts and new agent appointments. Additionally this person will act as liaison between our brokers/internal Worksite sales organization and our Licensing and Field Financials departments.
RESPONSIBILITIES:
- Receive research and respond to all bonus commission and contract related questions from brokers and sales; partner with other departments as appropriate to investigate and resolve issues
- Work with VP of Sales CFO and President to review the bonus calculations and gain their approval for payment
- Maintain and request guarantee and draw payments for each Business Development Manager and Group Representative
- Communicate bonus program to all new sales employees
- Create commission schedule documents as requested by management/sales organization and ensure all commission schedule documents are followed when new case opportunities develop
- Receive and create commission hierarchy information for each new case and follow-up on any missing information; communicate this information to client services team
- Receive agent contracting paperwork and review for accuracy and completeness; follow-up on any missing information
- Create various sales and commission reports on a monthly basis
- Work with licensing to initiate contracts and new agent appointments
- Partner with management and compliance on custom agreements related to agent contracting and special non-standard compensation agreements
- Coordinate additional state appointment requests for all new enrollments to ensure all agents are appointed prior to enrollment an provide status updates to field
- Assist Field Investigation Unit with agent complaint process/issues
- Communicate broker processes with every new sales employee
SKILLS/EXPERIENCE:
- 5 years of voluntary benefits experience
- Excellent verbal and written communication interpersonal and customer service skills
- Sound organizational and time management skills
- Ability to multi-task in an extremely fast paced environment
- Ability to prioritize and manage multiple priorities
COMPETENCIES:
Problem-Solving Takes an organized and logical approach to addressing problems breaking down issues into manageable parts and looking beyond the obvious to identify root causes; must be a critical thinker
Initiative Self-starter; willingly does more than is required or expected in the job; self-motivated and seizes opportunities to make a difference
Adaptability Possesses the ability to re-direct personal efforts in response to changing circumstances and feedback
Results Orientation Effectively executes on plans drives for results and takes accountability for outcomes
Relationship Builder - Is helpful respectful approachable team and service-oriented building strong working relationships and a positive work environment; maintains an exceptional client service mindset.
Continuous Learning / Improvement Demonstrates a desire and capacity to expand expertise develop new skills and grow professionally; identifies more efficient and effective methods to get the job done
EDUCATION:
- College Degree preferred
The pay range for the role is $70900 to $92100. The specific offer will depend on an applicants skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package more details on which can be found on our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.
Required Experience:
IC
Employment Type
Full-Time
