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Legal & General America · 6 hours ago

Commission Associate

Frederick, MD

Full-time

Hybrid

Entry Level

$48K/yr - $58K/yr

2+ years exp

Legal & General America is a forward-thinking company focused on delivering innovative solutions for their customers. The Commission Associate will provide accurate and courteous service by handling inquiries related to commissions and maintaining records for various compensation-related tasks.

ConsultingFinancial ServicesInsuranceLegalLife Insurance

Comp. & Benefits

H1B Sponsor Likely

Responsibilities

Review daily commission activity including payment listings and error reports. Audit random records for accuracy. Research amounts that require management approval and verify their accuracy. Report results to management daily. Prepare checks and EFT payments for distribution to agencies

Research and respond to agency compensation related requests such as confirmation of payment dates, rates of commission, hierarchy records and stop payment requests. Coordinate corrections with Administrative Services Unit and Finance Department staff. Communicate result to agency staff. Prepare and submit for approval appropriate check requisitions and other administrative forms to ensure correct and timely payments or compensation adjustments

Maintain records of tax levies, social services required income withholdings, escheat accounts and other required commission monitoring. Set up payment amounts and dates according to standard, draft correspondence to impacted broker and government agency upon set up, payment and release

Review and verify 1099 MISC reporting records for accuracy and process corrections as needed

Research agency/broker debit balances, determine accuracy and develop documentation in support of the balance due. Maintain agent debt management file and record payments received, collection agency fees and legal expenses. Respond to broker inquiries and correspond with collection agency

Record daily task activity and maintain record tables for processing issues

Complete special projects and provide administrative support to other business areas as directed by management

Process monthly suspense report- verify if funds need to be paid to an agent and balance out report for Finance

Prepare correspondence, emails, letters, memos, reports

Review, prepare and distribute bonus reports

Complete special projects and provide administrative support to other business areas as directed by management

Qualification

Client serviceMicrosoft OfficeProblem solvingAdministrative supportCustomer supportLearn softwarePhone handling

Required

High School diploma or equivalent

2+ administrative/customer support experience

Client service/phone handling

Ability to problem solve and analyze commission statements

Computer knowledge - ability to create, edit, retrieve, save, and print

Ability to learn new software

Knowledge of Microsoft Office (Word, Excel, PowerPoint, Outlook & Access)

Preferred

Some college preferred

Benefits

Sign-on bonus

Long term incentives

Annual bonuses

Annual Incentive Plan

10 vacation days

10 sick days

9 paid holidays

Health, life, and dental insurance

401K with company match up to 6%

Pension package

Generous time off

Wellbeing initiatives

Professional development

Company

Legal & General America

Legal & General is a financial consulting agency that specializes in life insurance and retirement services.

Founded in 1836

Frederick, Maryland, USA

501-1000 employees

https://www.lgamerica.com/

H1B Sponsorship

Legal & General America has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2023 (2)

2022 (1)

2021 (2)