Commissions Administrator
About The Position
Commissions Processor (Hybrid) Woodbridge, ON Hub Financial, a division of HUB International, is one of Canada’s largest independent Managing General Agencies (MGA). Specializing in life insurance, investments, and wealth management, we provide independent financial advisors with a wide range of products, resources, and tools to help their business succeed. Our services include access to top-tier insurance solutions, cutting-edge technology platforms, and operational support all designed to streamline business processes and improve client outcomes. At Hub Financial we empower independent advisors to grow their practices, enhance their client service, and deliver comprehensive financial solutions. About The Role We are looking for a detail-oriented and motivated professional who thrives in a fast-paced environment and enjoys working with data and numbers. This role is integral to ensure accurate and timely commission processing for HUB Financial and its broker network. You will play a key role in maintaining the integrity of commission payments, resolving discrepancies, and supporting internal and external stakeholders.
Requirements
- College Diploma or other post-secondary education or equivalency
- Excellent working knowledge of Microsoft Office (Excel, Outlook, & Word)
- Strong attention to detail and analytical skills
- Effective communication skills
- Ability to manage data and tasks efficiently.
- 1-2 years of relevant experience
Nice To Haves
- Industry experience or prior insurance commission processing experience is an asset
- Experience with WealthServ is an asset
- Accounting or financial background is an asset
Responsibilities
- Review commission statements/reports and ensure accurate and timely payment of commissions to HUB Financial and its brokers.
- Process first-year and renewal commissions accurately within back-office systems.
- Investigate and reconcile commissions paid incorrectly by insurance companies and ensure that necessary corrections are made in a timely manner.
- Identify, report, and correct unexplained activity in broker accounts, including system or posting errors.
- Review and investigate chargebacks and broker debt as required.
- Collaborate with insurance companies and internal HUB teams to resolve commission-related discrepancies and inquiries.
- Assist with commission inquiries received through the Commissions mailbox.
- Support additional tasks and participate in projects as assigned.
Benefits
- Competitive Compensation: Benefit from a pay structure that includes incentives, bonuses, and opportunities to increase your earnings.
- Work-Life Balance: Enjoy flexible work arrangements and generous time off to support your personal and professional life.
- Tailored Benefits: Access a personalized benefits package, including company-matched RRSPs, designed to meet your unique needs.
- Career Growth and Support: Invest in your future with HUB! Take advantage of our sponsored training and development programs, tuition reimbursement opportunities, and coverage for professional license fees and membership dues—everything you need to support your growth and excel in your career.
- Exclusive Perks: Take advantage of discounts on events, travel, accommodations, and personal home & auto insurance.
- extended health benefits
- disability insurance
- RRSP matching
- paid-time-off benefits
- eligible bonuses
- commissions for some positions
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
Associate degree
