Commissions Specialist

Aegon; United States; Hybrid; USD 25,000 - 29,000; Full time

Benefits offered by this job

Annual bonus 6%

Hybrid office environment

Job summary

Aegon is seeking a detail-oriented professional to manage high-volume, high-dollar agent commissions for Transamerica Financial Advisors and World Financial Group. You will reconcile payments, answer inquiries, and support semi-weekly cycles across the U.S., Puerto Rico, and Canada, ensuring accuracy, timeliness, and SOX compliance.

Responsibilities include data reconciliation, query handling, and collaborating with third-party providers, with a focus on accuracy and regulatory alignment.

Qualifications

• Bachelor’s degree in accounting or business field or equivalent experience.
• Strong math aptitude and analytical skills are required.
• Attention to detail and thorough research capabilities.
• Excellent written and oral communication skills.
• Proficiency with Microsoft Excel is required.
• SQL knowledge is preferred.

Responsibilities

• Process high-volume, high-dollar agent commissions and reconcile payments.
• Answer commission questions from agents and providers.
• Support semi-weekly commission cycles for multiple providers.
• Enter key commission activities into systems for non-platinum providers.
• Ensure accuracy and timeliness of payments and statements.
• Verify deposits and reconcile with compensation data.
• Resolve on-hold, pending, and chargeback items.
• Respond to routine inquiries and escalate when needed.
• Follow SOX-compliant procedures and segregate duties.
• Communicate with third-party providers on compensation issues.
• Run basic SQL queries and other systems as needed.
• Research commission issues and elevate for resolution.

Skills

Strong math aptitude

Research skills

Good written and oral communication

MS Excel proficiency

SQL knowledge

Education

Bachelor’s degree in accounting or business

Equivalent experience

Job description

Research, reconcile and process high volume, high dollar agent commission payments for Transamerica Financial Advisors and/or World Financial Group. Answer commission related questions from agents and providers.

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; expedite 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.

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

Preferred Qualifications

• Experience in the financial services industry
• SQL knowledge

Working Conditions

• Hybrid Office Environment

The Salary for this position generally ranges between $18.00 – 21.00 per hourly. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.

Additionally, this position is typically eligible for an Annual Bonus of 6% based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.

Disclaimer

• We will never request personal information such as ID or payment for equipment upfront.
• Official offers are sent via DocuSign following a verbal offer—not through text or email
• Hybrid office environment: 3 days in office (Cedar Rapids, Philadelphia, Denver)

This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.