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Commission Accountant

Global Bankers Insurance Group · Durham, NC, us

Posted 2019-03-18 · Verified live 2026-09-24

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About this role

<p>The commission accounting specialist will be responsible for day to day commission processing in various administrative systems.</p><p>&nbsp;</p><p><strong><u>Responsibilities:</u></strong></p><ul><li>Prepare, research, and create accounts for new agencies/agents on the Admin system(s); research involves reviewing agency/agent contracting and licensing documentation, gathering appropriate documents, and utilizing all applicable Admin system and PC applications; preparing and filing documentation in the corporate imaging system.</li><li>Prepare, research and or create commission product schedules upon request; prepare and file appropriate documentation in the corporate imaging system.</li><li>Receive, review, and verify daily advance and monthly commission payment requests; forward to supervisor for approval, prepare and file documentation in the corporate imaging system.</li><li>Receive and maintain basic agency/agent transactions on Admin system(s); basic agency/agent transactions include name and address changes, agency/agent deductions; prepare and file appropriate documentation in corporate imaging system; initiate and prepare agency check requests for various deducted fees.</li><li>Maintain the agent EFT system which includes establishing new EFT accounts, changing and or correcting existing agent EFT accounts, and preparing appropriate documentation in the corporate imaging system.</li><li>Prepare and distribute various agency/agent correspondence such as 1099’s, agent authorization agreements, monthly commission statements; daily advance reports, etc.</li><li>Receive, research, and respond to basic agency/agent inquiries by phone or e-mail.</li><li>Assist with agency/agent inquiries regarding information contained on the agent portal.</li><li>Prepare, distribute, and file month end production and management reports as required.</li><li>Provide assistance with month end close and year end close activities.</li><li>Comply with HIPAA, Diversity Principles, Corporate Integrity, Compliance Program policies and other applicable corporate and departmental policies.</li><li>Maintain complete confidentiality of company business.</li><li>Maintain communication with management regarding developments within areas of assigned responsibilities and perform special projects as required or requested</li></ul>

<p><strong><u>Required:</u></strong></p><ul><li>Bachelor’s degree in Accounting or Finance.</li><li>Two years of general accounting or business experience.</li><li>Strong analytical, problem solving and organizational skills.</li><li>Clear and concise verbal and written communication skills.</li><li>Ability to operate standard office equipment.</li><li>Intermediate Excel proficiency.</li><li>Proficiency in Microsoft Word and Access.</li></ul><p><strong><u>Compensation:</u></strong></p><ul><li>Salary DOE</li><li>13.22 - $23.56/hourly</li><li>Full Benefits Package Available</li></ul>

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