Commissions Manager

ncludes expanding product offerings and driving sustainable, profitable growth.

We are currently seeking an outcomes-oriented and self-motivated individual to be part of the new Group Insurance Commissions team as a Commissions Manager. This role will report into the Commissions Lead and support activities related to the timely and accurate administration of compensation. The Commissions Manager will play a key role in the overall growth of the Group Insurance Commissions team and the policies and processes that support it.

The current employee work arrangement for this position is fully virtual. While this position does not require your on-site presence on a regular basis, depending on business preferences, there may be occasions where you are required to be on-site at a Prudential office.

What you can expect:

• Leading the commission administration process and working collaboratively across departments to develop policies and evolve processes.

• Understanding sales compensation philosophy and business drivers of sales compensation plans

• Ensuring commission calculations comply with plan design and policies

• Identify and leading sales compensation policy changes

• Resolving commission disputes and inquiries; addressing commission exception requests

• Proactively identify challenges in the commission administration process and driving the implementation of improvements

• Fostering a culture of continuous improvement, innovation, and attention to detail

• Conducting analysis against multiple data sources to ensure commission payment systems are updated and in compliance with state Department of Insurance records.

• Acting as a liaison between the company and the customer to resolve any issues related to commissions.

• Generating producer related reports an queries and addressing discrepancies

• Developing strong relationships with third party administrators as they pertain to on-boarding new business, servicing existing accounts and preparing accounts for renewal.

• Supporting the approval and set up of self-administered accounts which may include reviewing contracts, requesting due diligence documents and evaluating data and other indicators of performance such as regulatory compliance.

• Working with departments within Prudential on Commission best practices.

• Researching and interpreting state Department of Insurance regulations and guidelines with assistance, as needed

• Composing and preparing correspondence to agencies/producers/partners as it relates to commission processing

• Participating in projects as they relate to commissions, and other duties as assigned.

What you'll need:

• 2+ years commissions experience

• Ability to operate and drive change in a growing, constantly evolving environment

• Ability to interpret compliance documentation and/or governmental regulations and disseminate this information

• Intermediate to advanced level skills in MS Office

• Experience with Salesforce, Sharepoint

• Strong oral, written, and interpersonal communication skills.

• Strong problem solving and decision-making skills.

• Excellent organizational, multi-tasking, and time management skills.

• Excellent documentation skills.

• Bachelor's degree or equivalent related experience.

It'd be a plus if you had:

• Prior group insurance experience

Prudential welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

At Prudential, you can:

Take charge of your career. We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities. We offer a suite of services including 1:1 Career advice, on demand resources and networking to propel your career forward.

We're a global organization, full of outstandingly dedicated people who aren't afraid to think differently, challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients, customers and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work, offering flexibility, while delivering on our Purpose.

What we offer you:

• Market competitive base salaries, with a yearly bonus potential at every level

• Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave

• Retirement plans: 401(k) plan with company match (up to 4%), company-funded pension plan

• Wellness Programs to help you achieve your wellbeing goals, including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs

• Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.

• Tuition Assistance to help finance traditional college enrollment toward obtaining an approved degree, many accredited certificate programs, and industry designations.

• Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.

To find out more about our Total Reward package, see our Total Rewards Brochure. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.

#LI-RRJ

Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $107,200.00 to $159,500.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit https://www.prudential.com to learn more about our values, our history and our brand.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status , medical condition or any other characteristic protected by law.

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at [email protected] for more information about doing business with Prudential.

PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please email [email protected].

Please note that the above email is solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email [email protected] to request assistance.