Position:             Compensation Associate

Reports to:         Commissions Manager

Department:      Simplicity Investments

Location:            475 Springfield Ave, Summit, NJ / full-time, in-office

Classification: Full-time, Exempt

Summary / Job Objective: We are currently seeking a highly detail-oriented individual to join our fast-growing team as a full-time Compensation Associate.

Primary Responsibilities:

·        Prepare and process daily compensation data, including statements and payout cycles, using standard templates or third-party systems

·        Reconcile financial records and resolve discrepancies to ensure accurate and balanced ledger entries

·        Maintain accurate client and compensation records, including setup, review, and electronic documentation of financial accounts

·        Respond to and resolve compensation-related inquiries from internal team members and external financial professionals in a timely and professional manner.

·        Ensure data integrity and compliance by reviewing, storing, and auditing compensation documentation

·        Support audit readiness by preparing and organizing documentation for third-party financial audits

Qualifications:

·        Background in finance, insurance, or accounting is preferred

·        Industry Knowledge – Brings relevant background in finance, insurance, or accounting to support role effectiveness

·        Willingness to work extended hours during peak processing periods

Core Competencies:

·        Communication – Demonstrates strong verbal and written communication skills, with the ability to interact professionally across all levels

·        Customer Service – Provides excellent service and support with a positive, solution-oriented approach

·        Organization & Time Management – Effectively manages multiple tasks and deadlines in a fast-paced, high-volume environment

·        Attention to Detail – Maintains accuracy and precision in work, particularly when handling numerical or financial data

·        Team Collaboration – Works effectively both independently and as part of a team to achieve shared goals

·        Analytical Thinking – Applies strong problem-solving skills to identify, analyze, and resolve issues

·        Numerical Proficiency – Comfortable working with numbers and performing financial calculations

·        Adaptability – Remains flexible and maintains a positive attitude in response to shifting priorities or high-pressure situations

·        Resilience & Reliability – Performs steadily under pressure and is willing to commit extra time during peak periods

Compensation & Benefits

Compensation (based on experience)

·        Annual base salary: $60,000 - $65,000, exempt

·        Annual performance bonus target: 5%

Benefits

·        Employee benefits (medical, dental, vision, life insurance, other)

·        401k with employer match

·        Paid Time Off

Location: 475 Springfield Avenue, Summit, New Jersey 07901 / full-time, in-office

Headquartered in Summit, New Jersey, Simplicity Financial Marketing Group Holdings (“Simplicity Group”) is a financial holding company in the independent fi