Commissions Analyst

General Description Responsible for ensuring the accuracy of the Sales Compensation practices across the assigned region. Play a key role for the region’s Producers. Work closely with internal departments to ensure timely and accurate producer commission accounting. This includes finance, producers, regional management, the National Accounting Center, and regional HR/payroll. Responsibilities Work with producers to explain production statements and true ups, and resolve complex commission issues. Review the accuracy of transactions entered by the Accounting Center and loaded from other source systems, including quarterly commission true ups and commission rates. Ensure accuracy of HR data; review actual results trends against forecasted trends. Review producer compensation calculations. Analyze data for the Operating Company/Region on a monthly or ad‑hoc basis, including commission payment and outside broker expenses. Contact carrier commission departments to identify and collect missing revenue. Monitor producer draw payments to ensure alignment with actual commission being generated, and coordinate changes to producer draws as necessary. Maintain files of employment agreements and compensation acknowledgements, ensuring contractual language is consistent with commission application. Monitor and process chargebacks for value‑added services and charitable contributions, and participate in designing a new process with new systems. Manage outside broker expenses, including coordinating payments to outside brokers. Track and process new business referrals and referral compensation payments. Serve as a key contributor in designing new producer commission reports. Identify opportunities for corporate production systems, including Sagitta/Report Writer, CRM, and the Datastore. Review and reconcile producer payables. Manage minimum revenue thresholds pertaining to producer commission payments. Monitor and perform entries for producer funding. Collaborate with Corporate Finance/IT to continually improve data flows, reporting systems, and analysis. Complete monthly financial close and reporting, including producer compensation, audits and chargebacks, and preparation of management reports. Knowledge, Skills and Abilities 3+ years of experience in accounting or finance; insurance field experience is a plus. Bachelor’s degree in business administration, finance, or accounting. Ability to work with all levels of staff and management to maximize performance, creativity, problem solving, and results. Ability to act and operate independently with minimal direction. Demonstrate adaptability and flexibility with changing priorities. Set priorities and manage workflow to ensure efficient, timely, and accurate processing of transactions. Proficient with Microsoft Office products, including Excel. Benefits USI is committed to providing a full suite of competitive benefits for our growing population and its diverse needs. We offer a wide range of health, welfare and financial benefits including medical, wellness, dental and vision, 401(k), flexible spending and health savings accounts, short and long‑term disability, life insurance, and other unique employer‑sponsored and voluntary programs. USI also provides generous paid time off, paid family leave, and paid holiday time. #J-18808-Ljbffr