Commission Analyst - Life Insurance

Covr Financial Technologies • Hartford, CT

1d • $60,000 - $65,000 • Remote

About The Position

This Commission Analyst role is a newly created position for our growing team! Reporting to the Chief Financial Officer.

Requirements

• Bachelor’s degree in accounting or finance preferred; or prior experience in a similar role
• Proficient in Microsoft Office: Word, Excel, Outlook
• Ability to analyze numerical relationships
• Able to multitask, prioritize workflow and understand urgency
• Must have attention to detail, is highly organized and understand its importance
• Is comfortable with technology. Can use the internet with ease and can enter data quickly and with accuracy
• Ability to solve problems
• Understands the need for change and is flexible when needed
• Ability to interact with all levels of management
• Must exhibit excellent communication and telephone skills, including both written and verbal communication
• Must be a self-starter and be able to work in a collaborative team environment

Nice To Haves

• Experience in insurance industry a plus
• Experience with Greenwave or other similar commission platform a plus

Responsibilities

• Reconcile commission payments – Entering and analyzing carrier commission statements to determine outgoing payments due, as well as troubleshooting within our commissions system for commissions calculating incorrectly.
• Maintenance of commission schedules – Working closely with each of our carriers to obtain the most up- to-date commission schedules, reviewing schedules for changes, noting changes, and updating internal schedules as well as all national account schedules.
• Prepare daily commission statements – Download and prepare daily commissions statements from the carrier websites.
• Prepare outgoing commission statements for agents, agencies, and financial institutions
• Manage customer inquiries – Handle phone calls and emails from our agents and accounts to answer questions, research issues, and process changes with our insurance carriers.
• Performs other related duties as assigned.

Benefits

• Salary range from $60,000 to $65,0000 annually
• Paid Time Off (PTO): 3 weeks to start, increasing with years of service
• Paid holiday’s – 11 days
• Mental Health Days – 3 days
• Medical, Dental and Vision – 80% of monthly premium paid by Covr for all full-time employees
• Adult and child orthodontia
• Health Savings Account (HSA) with quarterly company contributions
• Short-Term and Long-Term Disability
• Pet insurance for cats and dogs!
• Company paid Life and AD&D insurance for all full-time employees.
• Supplemental Life and AD&D insurance up to 5x salary for employee
• Supplemental Life and AD& D plans offered for spouse and dependents
• Flexible Spending Accounts (FSAs): medical, dependent, parking and transit

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level