Chicago, IL
38 days ago
Compensation & Contracts Associate, Sr.

Combined Insurance, is seeking a Senior Compensation and Contracts Associate to 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 issuesWork with VP of Sales, CFO, and President to review the bonus calculations and gain their approval for paymentMaintain and request guarantee and draw payments for each Business Development Manager and Group RepresentativeCommunicate bonus program to all new sales employeesCreate commission schedule documents as requested by management/sales organization and ensure all commission schedule documents are followed when new case opportunities developReceive and create commission hierarchy information for each new case and follow-up on any missing information; communicate this information to client services teamReceive agent contracting paperwork and review for accuracy and completeness; follow-up on any missing informationCreate various sales and commission reports on a monthly basisWork with licensing to initiate contracts and new agent appointmentsPartner with management and compliance on custom agreements related to agent contracting and special non-standard compensation agreementsCoordinate 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/issuesCommunicate broker processes with every new sales employee

SKILLS/EXPERIENCE:

5+ years of voluntary benefits experienceExcellent verbal and written communication, interpersonal and customer service skillsSound organizational and time management skillsAbility to multi-task in an extremely fast paced environmentAbility 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 $62,200 to $105,800. The specific offer will depend on an applicant’s 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.

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