Commissions Analyst — Finance & Data

Transamerica; Denver (CO); Hybrid; USD 25,000 - 29,000; Full time

Benefits offered by this job

Pension Plan

401k Match

Employee Stock Purchase Plan

Tuition Reimbursement

Medical Insurance

Dental Insurance

Vision Insurance

Paid Time Off

Job summary

Transamerica is seeking a hybrid-remote Commission Analyst to research, reconcile and process high-volume agent commissions for Transamerica Financial Advisors and World Financial Group.

You will respond to commission questions from agents and providers, and support semi-weekly cycles across U.S. providers including Puerto Rico and Canada. Proficiency in MS Excel and SQL is preferred; a bachelor’s degree in accounting or business and strong math skills are required.

Qualifications

• Bachelor’s degree in accounting or business field, or equivalent experience.
• Strong math aptitude.
• Research skills and attention to detail.
• Good written and oral communication skills.
• Proficiency using MS Excel.

Responsibilities

• Support semi-weekly commission cycles for multiple providers in the U.S. including Puerto Rico, and Canada.
• Key commission activities into commission systems for non-platinum providers.
• Ensure payments and statement processing are accurate and on time to prevent non-compliance with regulatory authorities (i.e. FINRA, SEC, IOI, etc.) and auditors.
• Verify when deposits/funding are received and reconcile against compensation data.
• Resolve pending, on hold, and chargeback items.
• Respond to routine agent inquiries; elevate to higher level staff as needed.
• Follow administrative procedures to ensure segregation of duties in compliance with SOX.
• Communicate with multiple third party providers regarding compensation issues on a variety of products.Run basic queries using SQL and other systems.
• Research commission and balancing issues and elevate to higher level staff for resolution as needed.

Skills

Strong math aptitude

Research skills

Written and oral communication

Education

Bachelor’s degree in accounting or business field, or equivalent experience

Tools

MS Excel

SQL

Job description

Transamerica is seeking a hybrid-remote Commission Analyst to research, reconcile and process high-volume agent commissions for Transamerica Financial Advisors and World Financial Group.

You will respond to commission questions from agents and providers, and support semi-weekly cycles across U.S. providers including Puerto Rico and Canada. Proficiency in MS Excel and SQL is preferred; a bachelor’s degree in accounting or business and strong math skills are required.