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Commission Accountant

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Golden Care

2024-09-26 23:52:23

Job location Minneapolis, Minnesota, United States

Job type: fulltime

Job industry: Accounting

Job description

About Golden Care

Established in 1976, GoldenCare (also known as National Independent Brokers, Inc.) is among the nation's leading privately held long-term care insurance brokerages and a recognized leader in the senior market. All of their products are hand-selected from top-rated carriers in our industry.
GoldenCare has been involved in the development of numerous long-term care policies and services tailored to meet to the unique needs of today's Americans. They also specialize in other products such as Critical Care Insurance, Life/LTC Hybrid Insurance Plans, Medicare Supplements, Medicare Advantage Plans, Prescription Drug Coverage, Life Insurance, Annuities and Identity Theft Protection.
This company and its nationwide fleet of agents have made it a priority to provide quality long-term care solutions and insurance protection the lowest costs and highest quality service. GoldenCare is headquartered in Plymouth, Minnesota.

Job Summary

We are seeking a detail-oriented and proactive Commission Analyst to join our team. This role involves processing and coding policy details, calculating and validating variable compensation, and maintaining commission plan information. The ideal candidate will have strong analytical skills, excellent communication abilities, and experience in the insurance industry, particularly with commissions and sales.

Primary Responsibilities

  • Process and code policy details and commissions on a daily, weekly, and monthly basis.
  • Calculate and validate monthly variable compensation earnings accurately and on time according to current compensation plans and payroll timelines.
  • Maintain commission plan information to ensure accurate variable compensation payments; regularly update relevant systems and processes to align with plan objectives.
  • Communicate effectively with plan participants, addressing their questions and providing regular training on plan structures.
  • Discreetly manage confidential information and data related to personnel and legal matters.
  • Analyze, audit, and validate production reports to ensure accuracy and eligibility for commission calculations; identify and communicate process improvement opportunities.
  • Resolve commission-related issues, including problem assessment, research, and communication of outcomes; continually refine and improve commission accuracy and efficiency.
  • Prepare and administer incentive plan payments; create standard commission calculation templates and interpret compensation plans.
  • Support the design, documentation, testing, and implementation of sales commission systems to meet departmental requirements.
  • Assist in documenting, identifying, monitoring, and proactively improving business processes, systems, and controls related to areas of responsibility.
Primary Skills & Requirements
  • Experience in the insurance industry, with a focus on commissions and/or sales.
  • Proficiency with QuickBooks or other accounting software.
  • Strong technical knowledge, multitasking ability, and excellent communication skills.
  • Advanced proficiency in Microsoft Office, particularly Excel.
  • Ability to investigate and resolve issues effectively.
  • Strong analytical skills and impeccable business judgment.
  • Collaborative working style and ability to work with both external and internal teams.
  • Ability to work independently and in a fast-paced environment.
  • Willingness to take ownership of the position.
  • Ability to prioritize tasks to meet deadlines effectively.
  • Ability to follow verbal and written instructions.
  • Detail-oriented with the ability to take comprehensive notes on processes and procedures.
  • Self-motivated and proactive with a strong customer service orientation.
  • Excellent organizational and planning skills, with the ability to work well under pressure and adapt to change.
  • BA/BS degree preferred.

About Integrity

Integrity is one of the nation's leading independent distributors of life, health and wealth insurance products. With a strong insurtech focus, we embrace a broad and innovative approach to serving agents and clients alike. Integrity is driven by a singular purpose: to help people protect their life, health and wealth so they can prepare for the good days ahead.

Integrity offers you the opportunity to start a career in a family-like environment that is rewarding and cutting edge. Why? Because we put our people first! At Integrity, you can start a new career path at company you'll love, and we'll love you back. We're proud of the work we do and the culture we've built, where we celebrate your hard work and support you daily. Joining us means being part of a hyper-growth company with tons of professional opportunities for you to accelerate your career. Integrity offers our people a competitive compensation package, including benefits that make work more fun and give you and your family peace of mind.

Headquartered in Dallas, Texas, Integrity is committed to meeting Americans wherever they are - in person, over the phone or online. Integrity's employees support hundreds of thousands of independent agents who serve the needs of millions of clients nationwide. For more information, visit .

Integrity, LLC is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, national origin, disability, veteran status, or any other characteristic protected by federal, state, or local law. In addition, Integrity, LLC will provide reasonable accommodations for qualified individuals with disabilities.

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