Commission Analyst

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TYPE OF WORK

Full Time

SALARY

9 USD per hour

HOURS PER WEEK

40

DATE POSTED

Oct 5, 2024

JOB OVERVIEW

The Commissions Analyst is a vital role responsible for ensuring the accuracy and timeliness of commission payments and schedules within our agency. This involves detailed scrutiny of commission statements, proactive engagement with insurance carriers to rectify any discrepancies, and collaboration with management to devise and maintain accurate commission structures. The ideal candidate will bring a robust analytical skill set, superior communication abilities, and a comprehensive understanding of the insurance sector, with particular emphasis on Health Insurance, Life Insurance, and Medicare.
Key Responsibilities:
Conduct thorough analyses of commission statements from third-party vendors, identifying and resolving any inaccuracies promptly.
Liaise with insurance carriers to address and rectify commission-related discrepancies, ensuring all commission payments are precise and on schedule.
Collaborate with the management team to create, implement, and manage commission schedules that are in line with the agency's policies and goals.
Generate regular reports for management on commission payments and discrepancies, aiding in strategic financial planning.
Stay abreast of industry changes and regulations pertaining to commissions in Health Insurance, Life Insurance, and Medicare.
Ensure seamless and accurate commission payment processes by working closely with the sales and finance departments.
Contribute to the long term enhancement of internal commission tracking and reporting processes and systems.

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