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AmeriLife · 1 month ago

Commissions Processing Analyst I

Worcester, MA

Full-time

Onsite

Entry Level

2+ years exp

AmeriLife is a leader in the development, marketing, and distribution of insurance solutions, and they are seeking a Commissions Processing Analyst I. This role involves analyzing data entry and insurance carrier payments to ensure compliance and accuracy, while also providing support to agents and partners in the life insurance distribution strategy.

Financial ServicesHealth CareHealth InsuranceInsuranceLife InsuranceMarketing

Responsibilities

Review and interpret commission statements to enable accurate classification and entry of data into commission processing system

Analyze commission data for accuracy and create periodic processing reports for client agencies

Research and resolve issues with:

Insurance Carriers

Client Agencies

Sterling Bridge internal partners

Other external partners

Maintain shared online logs to track and follow-up on service issues which result in untimely processing

Monitor and analyze commission payments to agents and agency to ensure compliance with agreements. Recommend appropriate actions to manager

Maintain approved product compensation records and notify manager of required systems updates

Monitor and analyze commission payments from insurance carriers to ensure compliance with agreements

Execute client instructions for record maintenance including rep code changes

Document processes, transactions, and resolutions

Other related duties as assigned

Qualification

Data analysisCommission processingMS ExcelMS WordMulti-taskingProblem-solvingOrganizational skillsCommunication skillsTeamwork

Required

Minimum of Associate's degree and two years' experience analyzing and processing detailed transactions

Ability to understand and accurately interpret carrier commissions statements and data

Excellent organizational skills with the ability to take initiative and prioritize work

Excellent analytical and problem-solving skills

PC expertise with very strong knowledge of MS Excel and Word

Excellent verbal and written communication skills with the ability to listen to others and respond professionally with timely and accurate information

Ability to multi-task effectively and accurately to meet deadlines

The ability to work well with fellow employees as well as independently

High energy and self-starter with sound judgment skills

Ability to use multiple research tools and follow established conventions for decision making

Display a pleasant, positive demeanor in dealing with our customers to present only the most professional image of the organization