Commissions Analyst

HUB International • Chicago, IL

1d

About The Position

At HUB International, we are a team of entrepreneurs. We believe in protecting and supporting the aspirations of individuals, families, and businesses. We help our clients evaluate their risks and develop solutions tailored to their needs. We believe in empowering our employees to learn, grow, and make a difference. Our structure enables our teams to maintain their own unique, regional culture while leveraging support and resources from our corporate centers of excellence. HUB is a global insurance and employee benefits broker, providing a boundaryless array of business insurance, employee benefits, risk services, personal insurance, retirement, and private wealth management products and services. With over $5 billion in revenue and almost 20,000 employees in 600 offices throughout North America, HUB has grown substantially, in part due to our industry leading success in mergers and acquisitions. POSITION SUMMARY When you join the HUB team, you become part of an entrepreneurial team of talented people. This gratifying role focuses on discovering missing commission revenue. Following the clues, researching discrepancies and solving the puzzle to collect revenue due keeps this opportunity fresh and exciting. As a liaison between operations and accounting, this position directly impacts regional revenue, producer compensation and accuracy in financial reporting. Daily interaction with all levels of personnel and outside insurance carriers is vital to this role. Hub’s rapid and continuing growth keeps this work fast-paced and creates future opportunities in the Finance Department. Successful candidate is a self-starter, highly organized, and detail oriented.

Requirements

• Strong Excel skills required
• Excellent written and verbal communication skills required
• Strong organizational skills and ability to manage multiple tasks
• Super initiative and problem-solving capability
• Experience with BenefitPoint, Epic, Image Right and Microsoft Office preferred

Responsibilities

• Liaison between operations personnel and local, regional, and corporate accounting to ensure correct posting of revenue.
• Utilize business management and document management systems to obtain needed supporting documents.
• Generate Benefit Point and EPIC expected reports and consolidate data into designated Excel template file.
• Analyze data and research variances indicating missing revenue.
• Communicate with internal servicers and outside carrier representatives to determine issues and status of payment.
• Resolve producer commission inquiries.
• Work in conjunction with Hub Financial Center (HFC) and Accounting Resource Center (ARC) to resolve posting issues.
• Other duties as occasionally requested by regional finance, HFC and ARC.
• Effectiveness and incentives measured by revenue recovered and successful completion of assigned tasks.
• Distribute monthly H2H reports to designated contacts in the region(s).
• Distribute quarterly Ghost Transaction and $DX Activities Closed Unsuccessful to designated contacts in the region(s).
• Gather escalated commission statements and submit them to the Carrier Management Team as requested from the Carrier Management Team.

Benefits

• HUB International is proud to offer comprehensive benefit and total compensation packages which could include health/dental/vision/life/disability insurance, FSA, HSA and 401(k) accounts, paid-time-off benefits such as vacation, sick, and personal days, and eligible bonuses, equity and commissions for some positions.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED
• Number of Employees: 5,001-10,000 employees