[Hiring] Direct Bill Commissions Specialist @Relation Insurance Services

Role Description

The Direct Bill Commissions Specialist will:

• Retrieve commission statements.
• Post In-House and Outsourced Direct Bill Commissions.
• Complete Revenue Tracking and Calculation logs daily.
• Complete exception research and resolution.
• Participate in month end closing.
• Provide accounting support to financial accounting areas.

A glimpse into your day:

• Process benefits, personal, and/or commercial lines direct bill commissions.
• Search customer and policy numbers and enter premiums and commissions received from insurance carriers.
• Post via manual posting, commission download from the carrier, or through statement conversion.
• Process Return Commission statements, ensuring funds have not already been paid to carriers.
• Create Direct Bill (DB) entry and check request for payments to carriers when necessary.
• Process all journal voucher entries needed to clear the Direct Bill Receivables GL account.
• Manage the direct bill receivables report to ensure the ending balance is as close to zero as possible.
• Maintain the Monthly Revenue Log including calculation columns and DB commission statement folders.
• Communicate with carriers by email or phone to obtain missing commission statements.
• Establish or ensure a working login(s) for each company website to pull commission statements.
• Process statements received by email or mail.
• Ensure all payments received during the month have corresponding statements received and are posted by month end.
• Resolve discrepancies and exceptions with carriers and/or company personnel.
• Reconcile Direct Bill General Ledger to the Direct Bill Revenue Log for month end closing.
• Research and resolve Direct Bill posting issues with outsourcing company.
• Act as primary contact for acquisitions following the data merge.
• Complete special projects and other duties as assigned.

Qualifications

• High School Diploma or equivalent.
• BA in Accounting, Finance, Economics, Business or Statistics preferred.
• 2 years finance and accounting experience preferred.
• Working knowledge of Microsoft applications, especially Word and Excel.
• Working knowledge of website navigation, especially banking and insurance websites.
• Basic knowledge of accounting rules, regulations, policies, and procedures reflective of the financial service industry.
• Strong interpersonal skills; strong oral and written communication.
• Strong problem solving, relationship management, and critical thinking skills.
• Ability to prioritize multiple projects, meetings, and deadlines.
• Willingness to assist internal and external customers with any concerns.
• Ability to work independently and on a team.

Benefits

• Competitive pay.
• A safe and healthy work environment provided by our robust benefit program including family health and wellness programs, 401K, employee assistance programs, paid time off, paid holidays, and more.
• Career advancement and development opportunities.