Commissions Accounting Specialist
About The Position
Guarantee Trust Life Insurance Company (GTL) is currently seeking a Commissions Accounting Specialist to join our team! Since 1936, GTL has offered cutting-edge insurance solutions and personalized service for our policyholders and distributors, while supporting personal growth and civic involvement from our employees. We’re seeking candidates who are looking for meaningful work, who want to invest in their growth, and contribute to a company built on timeless virtues and best business practices. This position is required to work on-site in our Chicagoland (Glenview, IL) office most days. Everyone receives 3 flexible remote days per month and 6 additional Friday PTO days each year! And, we offer half-day Fridays – every Friday! This role, which reports to the Accounting Supervisor, is responsible for assisting with the monthly reconciliation and payment to agents for weekly new business and monthly renewals. This position also assists with weekly accounts payable and assistance with the monthly financial statements.
Requirements
- Associate degree in Accounting or Finance, or equivalent experience; Bachelor’s degree preferred
- Minimum of 1 year of experience in Accounting or Finance
- Intermediate knowledge of Microsoft Excel and Word
- Knowledge of insurance industry preferred
- Strong customer service and problem-solving skills
- Demonstrated initiative and positive can-do attitude
- Proven problem-solving and analytical skills
- Excellent verbal and written communication skills
Nice To Haves
- Bachelor’s degree preferred
- Knowledge of insurance industry preferred
Responsibilities
- Reconcile monthly carrier payments in the commissions system to ensure accurate and timely payment to agents and prepare lapse and advance reports.
- Prepare1099’s and 1099C’s.
- Reconcile bank accounts by gathering and balancing information.
- Process weekly accounts payable vouchers.
- Prepare various journal entries.
- Provide Management with financial information, analyze accounts and prepare monthly financial statements.
- Assist in other special projects as needed.
Benefits
- Medical
- Health Savings Account (including employer contribution)
- Dental
- Vision
- Basic Life Insurance (full premium paid by employer)
- Voluntary Employee, Spouse and Child Life Insurance
- Short-Term and Long-Term Disability
- Paid Holidays
- Paid time off including vacation, personal days, and sick time
- The amount of time off varies based on tenure and hours worked
- 401(k) and Profit-Sharing retirement plan
- The company matches contributions up to 2% provided the employee contributes a minimum of 3%
- The company may make a discretionary contribution to the Profit-Sharing plan
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
Associate degree
Number of Employees
101-250 employees
