Commission and Cash Receipts Analyst

WPS—A health solutions company • Fitchburg, WI

4h • $20 - $25 • Hybrid

About The Position

The Commission & Cash Receipts Analyst is responsible for accurate and timely balancing of premium processing, claims refunds, and miscellaneous receipts via lockbox, ACH, ICL, credit card, and onsite deposits. The role balances and releases claims payments and reviews accuracy of offsets. The role supports sales commission and bonus payment administration including, maintaining agency information, updating commission scales, responding to inquiries, correcting system errors, releasing and journalizing payments, balancing 1099’s, and preparing both monthly statements and ad hoc reports.

Requirements

• High School Diploma or GED or equivalent experience.
• One (1) or more years of experience in accounting, finance, or a related field.
• Proficient in Microsoft Excel and exposure to technology applications in Finance.
• Solid knowledge and understanding of accounting principles, financial reporting, expense and revenue management.
• Basic knowledge and understanding of commission applications, systems, and procedures to include Member Services procedures affecting commission payments.
• Ability to apply sound judgment and follow established policies and procedures when addressing daily operational and financial issues.
• Solid communication skills with the ability to ask clear, targeted questions to obtain the necessary information for task completion.
• Experience identifying and implementing process improvements within accounting functions including ability to research and document processes.

Nice To Haves

• Associate’s degree or higher in Accounting preferred.

Responsibilities

• Ensure ACH returns and premium refunds are handled correctly according to standard work instructions
• Review lockbox deposits for accuracy and resolve any issues.
• Support the review and audit of commission statements ensuring accuracy and timely administration.
• Process claim refunds support the review of claim offsets and preparation of claim balancing activities.
• Process daily balancing according to standard work instructions (lockbox, on-site, ICL, credit card)
• Assist with review and preparation of 1099’s, agency maintenance, and bonus calculations
• Other job-related responsibilities may be assigned as required.

Benefits

• Remote and hybrid work options available
• Performance bonus and/or merit increase opportunities
• 401(k) with a 100% match for the first 3% of your salary and a 50% match for the next 2% of your salary (100% vested immediately)
• Competitive paid time off
• Health insurance, dental insurance, and telehealth services start DAY 1
• Professional and Leadership Development Programs

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED