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Junior Compensation Analyst

Company: Professional Group Plans
Location: Hauppauge
Posted on: January 7, 2022

Job Description:

The Commissions Department at PGP is responsible for the timely and accurate coordination and processing of commissions across several lines of business including healthcare, life insurance, and energy on a biweekly basis.
Commissions Representative Responsibilities:The Commissions Representative role provides a key support function for the Commissions team at large, aiding in indexing and coordination of deposits and statements, tracking and chasing outstanding requirements, and processing statements via upload functionality as well as manual entry in some cases.

  • Perform a key, daily function of accurately identifying incoming commissions documents to ensure proper tagging and release to the broader commissions team for processing
  • Identify matches between statements and deposits of assignments
  • Ensure timely updating of workflow status to reflect current step and status
  • Evaluate status ongoing for appropriate next steps and act accordingly be it outreach to a carrier, broker or internal team
  • Communicates and coordinates producer changes or updates to sales teams and other internal business partners. Utilizes reporting to analyze, identify and resolve discrepancies and ensure the data is accurate.
  • Work directly with management and team member to ensure timely and accurate processing of assignments
  • Analyze data to answer key questions while processing statements or regarding outside or cross functional team inquiries
  • Assist the Commissions Manager in documentation, coordination and special projects as needed
    Job Qualifications
    • Associates Degree in Mathematics or Data Science with 1-3 years relative experience
    • Bachelor Degree is preferred
    • Strong technical skills especially in Excel to include Vlookups, Pivot tables and IF formulas
    • Familiarity in running, recording and/or writing Excel macros ideal
    • Highly motivated with both a curiosity and resourcefulness to solve problems and to think outside of the box when needed
    • Diligent, with a strong work ethic and attention to detail
    • Ability to follow an identified process or set of instructions
    • Excellent communication skills with strong business writing skills
    • Highly analytical team player with the ability to work independently when needed while knowing when to escalate issues or problems to management
    • Thrives in a fast paced, deadline orientated environment
    • Strong sense of urgency and ability to manage multiple, competing priorities while delivering results quickly, accurately, and efficiently while meeting established deadlines
    • Keen interest in learning and fostering an environment built on diversity of thought
    • Strong organizational and project management skills
    • Knowledge of the healthcare, life insurance or energy industries a plus
      About PGPProfessional Group Plans, Inc. is a full-service general agency that provides a vast array of employee benefit programs and services to the insurance brokerage community and their clients since 1993. We specialize in employee benefits, primarily selling group health, dental, life, and disability insurance through our network of insurance professionals. We are most health insurance carriers' top producing general agent in the region and are considered an innovator in the industry. With over 90,000 employer groups across the country, we pride ourselves on servicing every client with the same prompt and courteous service.The healthcare industry is moving at its fastest pace and we are committed to staying on the cutting edge of healthcare industry information. We strive to stay firmly entrenched in the day to day, servicing our brokers and their clients with a passion, positioning ourselves not as a vendor to our brokers, but a true partner in their business.We are headquartered in Hauppauge New York with other locations in Manhattan, New Jersey, Connecticut, and Pleasantville. Our team has over 100 members dedicated to empowering our broker partners through service, expertise, and resources. They have developed many proprietary products and solidified a multitude of exclusive contracts to provide a rich portfolio of resources that drives success.We remain focused on continued market analysis and strategies to deliver the best advice, products, resources, and tools that give our broker partners a competitive advantage.Other affiliated companies are PGP Medicare, a valuable resource for brokers in today's benefits world, and PGP Energy, the marketing arm for an energy service company.Our motto is simple: treat people the way you would like to be treated and never lose sight of the importance of relationships.

Keywords: Professional Group Plans, Westport , Junior Compensation Analyst, Professions , Hauppauge, Connecticut

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