Commissions Specialist
Insight Global
Job Description
As a Commissions Specialist, you will be an integral part of our business being the primary contact for our business partner's production and Commissions Override and Bonus information. The primary purpose is to prepare carrier statement files for commission override calculations, balancing the carrier statements to the general ledger, calculate commission overrides/bonus payments and provide excellent customer service to our business partners and clients.
Responsibilities:
Access carrier websites to retrieve commission statements. Prepare commission files, calculate override payout amounts and prepare payment requests with high accuracy by interpreting rate schedules and compensation grids.
Analyze commission statements and balance revenue to the general ledger to calculate commission override payout amounts. Track any discrepancies and work with Accounting department to resolve. Investigate reporting errors.
Manage, research, and respond to emails in the Commissions team's shared mailboxes. Research and respond to agents and wholesalers regarding commission and bonus information.
Obtain and understand commission information from carriers, ensuring the data is complete and accurate.
We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment regardless of their race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to View email address on click.appcast.io learn more about how we collect, keep, and process your private information, please review Insight Global's Workforce Privacy Policy:
Skills and Requirements
Proficient in excel with Pivot Tables VLookup, Sumif, etc.
1+ year of experience with accounting, finance, accounts payable, or accounts receivable
Associate or Bachelor degree - Experience with insurance or processing commissions
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