Commission Specialist (2358-194)

Benefitmall Inc.
White Plains
Oct 18, 2016
Oct 19, 2016
Employer Type
Direct Employer
Employment Type
Full Time
BenefitMall people are the key to our success!

BenefitMall is committed to hiring the very best people. At BenefitMall, we seek to recruit and develop a diverse workforce as part of our business strategy. We seek innovative, creative individuals who are ready for the challenges, responsibilities, and rewards that come with working in a high-energy, fast-paced environment.

BenefitMall is dedicated to:

* Communicating openly and honestly

* Providing competitive compensation and benefits

* Maintaining a safe, healthy work environment

* Encouraging team work, individual growth and development

BenefitMall offers employees the opportunity to choose Benefit plans and programs that meet their individual needs.

The Commission Specialist processes broker commission payments, processes cash receipts, and takes deposits to bank; ensuring compliance with Company policies and procedures.

Essential Duties, Responsibilities and Requirements:

* Retrieves decrypts and formats carrier payment detail files.

* Calculate/verify percentage of override and/commission.

* Enters cash receipts via carrier payment detail uploads, creates spreadsheet uploads or enters directly into commission system.

* Resolves any payment application errors.

* New cases are entered into commission system.

* Create any necessary RTM's to process payment carriers in commission system

* Ensures commission system cash a receipt equals deposit amount.

* Make account names corrections if necessary along with policy numbers if incorrect.

* Make necessary adjustments into Deposit Log to reflect correct payment by market or by location.

* Create Split commissions if necessary.

* Post commission statement in commission system by check run deadline

* Prepare AP file for commission payment if necessary

* Processes any broker charge backs or levies.

* Communicates with brokers and carriers to resolve any issues and/or answer questions

* Recommends process improvement measures when identified.

* Additional duties may be assigned

* Occasional long, irregular hours.

* Physical requirements include sitting, frequently speaking and hearing, and occasionally standing, walking, bending, crawling, kneeling and the ability to lift up to 25 lbs.

Required Skills

* Good knowledge of Microsoft Windows, Excel, Word, Outlook, and navigating Internet Explorer.

* Good phone skills.

* Communicate effectively with all levels of internal and external personnel, both verbally and in writing.

* Develop and maintain good work relationships.

* Work in and contribute to a positive team environment.

* Manage multiple tasks simultaneously.

Required Experience

* High School diploma or equivalent, with a minimum of with at least (2) two years related work experience.

* General knowledge of accounting concepts, procedures, and practices.

* Experience with computerized accounting systems.