Financial Services Associate, Compensation Specialist
4 days ago
Alera Group is a leading provider of Employee Benefits, Property and Casualty Insurance, Retirement Plan Services, and Wealth Services. Our company was founded in 2017 and has grown to become the 15th largest broker of US business.
About the Role
We are seeking a highly motivated Commissions Associate to join our team dedicated to supporting Alera's Wealth Services, Insurance, and Retirement Plan Services divisions.
- Troubleshoot and research compensation inquiries for Financial Advisors, ensuring timely resolutions.
- Facilitate updates and changes in Xtiva, including building new compensation splits and updating advisor payout percentages.
- Manage documentation activities, such as retrieving and processing 401(k) and Insurance statements, and uploading them to our archive database.
- Contribute to payroll closure and reporting processes.
- Monitor incoming mail for compensation checks and process them accordingly.
- Process checks and invoices for Financial Planning clients.
- Pull ACH bank transactions.
This role requires strong analytical and problem-solving skills, with the ability to work effectively in a fast-paced environment.
Requirements
To be successful in this role, you will need:
- An undergraduate college degree.
- At least 3 years of relevant experience in a commission processing role, supporting advisors in Wealth Management and/or Retirement Plan Services fields.
- Proficiency with Xtiva or other leading fee and commission billing software.
What We Offer
Alera Group provides comprehensive benefits to our colleagues, including medical, dental, life, and disability insurance, 401(k), generous paid time off, and more.
We are an equal-opportunity employer, committed to creating a diverse and inclusive work environment. All applicants will be considered without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, or disability.
If you're a California resident, please read the California Consumer Privacy Act prior to applying.
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