Commissions Analyst III

American Senior Benefits; Salina (KS); On-site; USD 60,000 - 80,000; Full time

Job summary

American Senior Benefits in Olathe, Kansas, seeks a Commission Processing Associate to oversee weekly commissions for over 1,800 agents. Responsibilities include managing incoming policies and resolving commission issues effectively.

The ideal candidate should have strong communication skills, proficiency in Microsoft Excel, and a degree in Mathematics or Accounting. The position offers a salary between $60,000 and $80,000.

Qualifications

• Ability to solve complex problems within financial transactions.
• Ability to work independently with high accuracy in a fast-paced environment.
• Experience in system testing and documentation.

Responsibilities

• Review new policies and input into Agency Management System for commission processing.
• Reconcile incoming commission payments and resolve discrepancies.
• Communicate commission issues with insurance companies.

Skills

Proficient computer skills

Excellent knowledge of Microsoft Office (Excel)

Strong people skills

Problem-solving abilities

Education

Four-year college degree in Mathematics, Accounting or similar

Job description

Looking for stability, security and growth, as well as an opportunity to help your community?

American Senior Benefits is one of the nation's leading independent distributors of life and health insurance products focused on serving the senior market. Founded in 2006, we develop and distribute life and health insurance products with insurance carrier partners and market these products through our distribution network, which includes other large insurance agencies located throughout the country that have over 100,000 independent agents.

This Insurance Commissions processing and oversight position is in the AMERICAN SENIOR BENEFITS home office, located in Olathe, Kansas. The role is responsible for paying weekly commissions to our 1,800+ agents, using cutting edge technology.

Responsibilities

• Review new policies from incoming commission statements and input into Agency Management System to generate outgoing commission advances and earnings to agents
• Reconcile incoming commission payments to expected schedule as well as identify and resolve differences
• Communicate (written and verbal) with insurance companies to resolve various commission issues such as, but not limited to, missing payments, incorrect payments, policy & agent statuses and other issues impacting commissions
• Generate reports from Agency Management System related to commission payments (incoming from carriers and outgoing to agents)
• Handle commission statement scanning & filing
• Handle incoming and outgoing agent calls & emails related to commission issues
• Ensure excellent service is rendered to agents
• Assist in developing/operating procedures to ensure an efficient and effective commission accounting operations
• Performs complex financial transactions in an efficient and accurate manner
• Ability to balance account statements by identifying issues and correcting financial errors
• Perform weekly quality oversite activities for individuals and carriers
• Lead, support and coach other commissions accounting associates
• Provide back-up to Commission Accounting Manager and other Commission Accounting Analysts as needed
• Perform other duties as assigned

Qualifications

• Must possess proficient computer skills and excellent knowledge of Microsoft Office products (most specifically Excel)
• Must work independently and possess sound organization skills
• Must possess strong people skills to lead and coach others.
• Ability to solve complex problems
• Must be able to effectively communicate at all levels of the organization
• Demonstrate with a high level of proficiency to calculate figures and amounts such as commission premiums and percentages
• Ability to work independently with a high degree of accuracy in a fast-paced work environment
• Experience with system testing and documentation of new processes
• Insurance industry experience is preferred, but not required
• Four-year college degree, in Mathematics, Accounting or something similar
• CPA preferred but not required

American Senior Benefits

USD $60,000.00 - USD $80,000.00 /Yr.