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Commissions Specialist

Insight Global

WDM, IAJobSeen 1mo ago

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At a glance

Compensation
No compensation found
Location
WDM, IA
Work Authorization
Not specified

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Requirements

Credentials this posting asks for.

Associate's degree

Job overview

Insight Global is hiring a Commissions Specialist. The Commissions Specialist serves as the primary contact for business partners regarding production, commission overrides, and bonus information. They prepare carrier statement files, calculate and balance commission payouts to the general ledger, investigate discrepancies, and provide high‑quality customer service while managing communications and ensuring data accuracy.

Key focus areas include Access carrier websites to retrieve commission statements and prepare files with high accuracy., Analyze commission statements, balance revenue to the general ledger, and calculate payout amounts., and Track discrepancies and collaborate with Accounting to resolve reporting errors..

Important skills include Excel, Pivot Tables, VLookup, and Sumif. Preferred (not required): Customer Service, Analyzing Commission Statements, Balancing Revenue To General Ledger, and Investigating Reporting Errors.

Skills & qualifications

RequiredNice to have

Skills

ExcelPivot TablesVLookupSumifCustomer ServiceAnalyzing Commission StatementsBalancing Revenue to General LedgerInvestigating Reporting ErrorsManaging EmailsResearchingResponding to Agents and WholesalersInterpreting Rate SchedulesInterpreting Compensation Grids

Qualifications

1+ Year of Accounting, Finance, Accounts Payable, or Accounts Receivable ExperienceAssociate or Bachelor DegreeExperience With Insurance or Processing Commissions

Full job description

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 [email protected] learn more about how we collect, keep, and process your private information, please review Insight Global's Workforce Privacy Policy: https://insightglobal.com/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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