Role Description
As a Broker Payable Commission Analyst, you'll help ensure outside brokers receive accurate, timely commission payments that reflect their agreements. Your work will support dependable broker relationships, accurate financial reporting, and consistent payment practices.
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Manage monthly commission calculations and reconciliations.
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Maintain agreement and payment data.
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Serve as the primary contact for broker commission questions and disputes.
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Independently research discrepancies and determine appropriate resolutions.
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Help improve the systems that support commission processing.
Qualifications
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3β5 years of experience in commission administration, accounting, broker compensation, or a related role.
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Bachelor's degree in Accounting, Finance, Business Administration, or a related field, or equivalent experience.
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Knowledge of broker commission structures, payment terms, audits, reconciliations, accruals, and variance analysis.
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Ability to interpret agreements and exercise sound judgment when terms are ambiguous.
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Strong organizational skills and attention to detail.
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Effective communication and collaboration skills.
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Proficiency with accounting systems and Agency Management Systems, such as Business Central, Epic, and BenefitPoint, along with Microsoft Excel.
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Ability to handle confidential broker, banking, client, and company information appropriately.
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Commitment to Patriot's core values.
Requirements
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Calculate, process, and reconcile monthly broker commission payments in accordance with executed agreements and payment terms.
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Maintain accurate broker agreements, commission documentation, payment instructions, and commission settings within Agency Management Systems.
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Audit production and commission reports, investigate variances, and resolve payment discrepancies.
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Prepare payment files, commission statements, reconciliations, and commission expense reports.
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Prepare supporting documentation for accruals and journal entries to support accurate financial reporting and internal controls.
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Ensure validated payments are entered into the appropriate systems by established payment deadlines.
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Track new agreements, amendments, terminations, and rate changes.
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Collaborate with brokers, regional and agency teams, Finance, and Accounting to resolve questions and coordinate commission activities.
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Lead system enhancements that improve commission processing and provide ad hoc commission and financial analysis.
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Protect confidential broker, banking, client, and company information.
Benefits
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Multiple medical plan options, with preventive care covered at 100%.
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Free virtual medical and mental healthcare for employees and their families.
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Employer-paid short-term and long-term disability coverage.
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Paid parental leave.
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Personalized PTO that lets you take time away when you need it.
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Competitive 401(k) company match.
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Comprehensive dental and vision coverage.
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Employee Assistance Program with confidential support.
Company Description
At Patriot, we build our teams around a simple idea: people do their best work when they feel supported as whole people, not just managed as employees. We're invested in your growth, not just your output.
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Founded in 2019, Patriot is a growth-focused national insurance services firm.
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Currently ranked the 25th-largest broker in the U.S. by Business Insurance.
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Named to the 2025 Inc. 5000 list of fastest-growing companies.
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Over 2,100 employees operating in 150+ locations across more than 45 states.