Commission Analyst

AmeriLife•Clearwater, FL

About The Position

AmeriLife is seeking a Commissions Analyst to join their team during a significant transformation of their operational infrastructure. This role is crucial for ensuring the accuracy and timeliness of agent and marketer commissions. The ideal candidate will be well-organized, possess strong analytical skills, and have a keen eye for detail. The Commissions team is responsible for accurately and promptly processing all commissions payable to affiliates, marketers, and agents, in accordance with contractual agreements with carriers and affiliates.

Requirements

Bachelor’s Degree (desired, but not required) or equivalent related experience
Advanced Excel knowledge (Mandatory)
Excellent analytical and problem-solving skills
Keen attention to detail
Ability to work independently and effectively with finance colleagues, marketers and agents
Proficient in the use of computer and programs
Maintain confidentiality and protect PII
Strong organizational, prioritization, multi-tasking and time management skills in fast paced environment
Interact professionally with brokers, carriers and other employees
Excellent verbal and written communication skills
Desire to continuously learn and identify process improvement opportunities

Nice To Haves

Insurance industry experience or related agency experience (Desired, but not required)

Responsibilities

Calculate and forecast agent commission expense for weekly payment process for multiple carriers partners
Review data entries, validate calculations and confirm outputs with high attention to detail in order to ensure accuracy, identify discrepancies, and perform corrections and revisions as needed
Research and resolve agent, affiliate and marketer commission related inquiries within 24 to 48 hours
Ensure all agent, agency and carrier payment levels are correct in the system by cross referencing control sheets
Build and maintain Excel reports using commission processing system data as requested
Monitor and maintain individual agent balance reporting, ensuring obligations are completed appropriately across all carriers
Download and maintain third-party files to populate commission file, reformatting as needed
Assist with all audits as requested
Perform other duties as assigned