Career Search

Accounting Direct Bill Commission Specialist

REMOTE
 
System Search is currently recruiting for a Direct Bill Commissions Clerk for a remote position. The Direct Bill Commissions Specialist will provide accounting support to major financial accounting areas, including accounts payable, general ledger accounting, and account reconciliation.
 
Responsibilities:

     

  • Processes benefits, personal, and/or commercial lines direct bill commissions. Searches customer and policy numbers and enter premiums and commissions received from insurance carriers.
  • Processes company commission due statements. Requires research to ensure funds have not already been paid to carriers; and initiate payments to carriers when necessary.
  • Processes intercompany journal entries and commission re-classes and manages the direct bill receivables report.
  • Reconciles direct bill general ledger accounts to ensure all monies deposited are appropriately recorded in the general ledger.(and all commission statements have been posted.
  • Maintains the Monthly Revenue Log, Carrier Website Login spreadsheet, and DB commission statement folders.
  • Communicates with carriers to obtain commission statements and pulls monthly statements from company websites.
  • Communicates with company personnel to resolve discrepancies and exceptions and to verify policy and commission information.
  • Reconcile Direct Bill General Ledger for month end closing and clear any outstanding items
  • Post Direct Bill commission entries and commission download entries as needed
  • Research & Resolve Direct Bill posting issues with outsourcing company and returning to them in a timely manner

 
Qualifications & Experience:

     

    • BA in Accounting, Finance, Economics, Business or Statistics preferred
    • Advanced course work in bookkeeping and accounting
    • 2 years finance and accounting experience preferred
    • Basic knowledge of accounting rules, regulations, policies and procedures that is reflective of the financial service industry.
    • Working knowledge of Microsoft applications especially Word and Excel.
    • Advanced analytical and mathematical skills.
    • Advanced interpersonal skills; strong oral and written communication.
    • Advanced problem solving, relationship management and critical thinking skills and the ability to prioritize multiple projects, meetings and deadlines.
    • Willingness to adhere to all principles of confidentiality.
    • Must value operating in a collaborative work environment.
    • Willingness to assist internal and external customers with any concerns.
    • Ability to show initiative, good judgment, and resourcefulness.
    • Ability to work independently and on a team.