Commissions Analyst II

Summary

Responsible for maintaining the Company's commission system and processes and handling aspects of commission processing for our branch offices and field force.

Essential Duties And Responsibilities

• Act as the first point of commission escalation for the Company having contact and relationships with internal and external partners;
• Conduct ad hoc and scheduled trainings;
• Facilitate special compensation arrangements;
• Manage commission data;
• Reconcile bank deposits from carriers and partners, the import data into our commission system, expected revenue from carriers and compensation components paid out.

Commissions Systems

• Manage commission data;
• Reconcile bank deposits from carriers and partners, the import data into our commission system, expected revenue from carriers and compensation components paid out.

Commissions Processing

• Source, import, and manage commission information and data needed to process commissions;
• Reconcile entries and review information to ensure accurate entry of all items;
• Handle research tasks and error resolution to resolve problems that arise;
• Work with all parties on commission related issues and inquiries;
• Maintain integrity of accounting data;
• Provide phone, email and system support related to commissions;
• Work with designated technology resources for the commission systems;
• Provide ongoing assistance to support improvement within the commissions department.

Special Projects

• Work collaboratively with fellow staff to advance the values and mission of Futurity First by serving on relevant internal and external committees;
• Assists with special projects/assignments as requested by members of management.

Qualifications

• Education: Bachelor's Degree or higher in Finance, Accounting, or Business;
• Experience: Three (3) or more years of commission experience with an insurance carrier or securities broker/dealer or experience calculating bonus/commission payments;
• Skills: Knowledge of general office forms, processes and procedures; Skill in negotiating and problem-solving to resolve internal and external conflicts; Proficient computer skills (Microsoft Suite, including Excel (pivot tables and formulas), MS Outlook, Adobe Acrobat software preferred); Skill in working effectively with inbound and outbound callers/customers; Skill in maintaining effective working relationships with all customers, employees and the general public; Skill in working effectively with other company departments, internal marketing staff, home office personnel and agents; Ability to approach and communicate with a wide range of personalities in a professional and courteous manner; Ability to maintain a high level of organization and attention to detail while remaining flexible and responsive when faced with multiple urgent requests; Ability to work independently, exercise independent judgment, make and execute decisions; Ability to maintain all company policies, including all confidentiality and safety policies.