Broker Payable Commission Analyst

🔥 13 hours ago

🇺🇸 United States – Remote

💵 $33 / hour

⏰ Full Time

🟡 Mid-level

🟠 Senior

🧐 Analyst

Where this job comes from

Posted on Patriot Growth Insurance Services, LLC's careers page, not through a job board

First seen by Remote Rocketship 13 hours ago

Still open on Patriot Growth Insurance Services, LLC's site. Checked 3 minutes ago.

Logo of Patriot Growth Insurance Services, LLC

Patriot Growth Insurance Services, LLC

1001 - 5000 employees

Founded 2019

🛡️ Insurance

💸 Finance

🤝 B2B

💰 Debt Financing on 2022-08

Insurance • Finance • B2B

Patriot Growth Insurance Services, LLC is a leading provider of risk management and insurance solutions that focuses on promoting business growth and safeguarding personal goals. With a commitment to delivering unparalleled service, they empower local brokers to offer comprehensive insurance options tailored to meet the diverse needs of businesses and individuals. By leveraging an expansive network of national carrier partners, they specialize in property & casualty and employee benefits, ensuring their clients receive the protection and support necessary to confidently pursue their goals.

📋 Description

• Calculate, process, and reconcile monthly broker commission payments • Maintain broker agreements, commission documentation, payment instructions, and commission settings • Audit production and commission reports, investigate variances, and resolve payment discrepancies • Serve as primary contact for broker commission inquiries and disputes • Prepare payment files, commission statements, reconciliations, commission expense reports, accrual documentation, and journal-entry support • Ensure validated payments are entered into systems by established deadlines • Track agreements, amendments, terminations, and rate changes • Collaborate with brokers, regional and agency teams, Finance, and Accounting • Lead system enhancements and provide ad hoc commission and financial analysis • Protect confidential information

🎯 Requirements

• 3–5 years of experience in commission administration, accounting, broker compensation, or a related role • Bachelor's degree in Accounting, Finance, Business Administration, or a related field, or equivalent experience • Knowledge of broker commission structures, payment terms, audits, reconciliations, accruals, and variance analysis • Ability to interpret agreements and apply commission rates, effective dates, and payment schedules • Strong organizational skills and attention to detail • Effective communication and collaboration skills • Proficiency with accounting systems and Agency Management Systems such as Business Central, Epic, and BenefitPoint • Proficiency with Microsoft Excel • Ability to handle confidential broker, banking, client, and company information • Commitment to Patriot's core values

🏖️ Benefits

• Multiple medical plan options, with preventive care covered at 100% • Free virtual medical and mental healthcare for employees and their families • Dedicated healthcare concierge • Employer-paid short-term and long-term disability coverage • Paid parental leave • Personalized PTO without traditional accruals • Separate sick leave • Competitive 401(k) company match • Comprehensive dental and vision coverage • Employee Assistance Program with confidential mental health, legal, financial, and work-life support • Company paid holidays • Comprehensive health and welfare program extending to family and domestic partners

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