Sales Commission Analyst

3 months ago

Hartford, United States Covr Financial Technologies Full time
Job DescriptionJob DescriptionSales Commission AnalystREPORTS TO:                      CFO
DEPARTMENT:                   Finance
FLSA STATUS:                    Exempt
WORK SCHEDULE:             3 days in office, 2 days remote, or remote for the right candidate
LOCATION:                         Hartford

COMPANY OVERVIEW:
Covr makes it simple to protect the people and things that matter most in life. As an agent of change in a rapidly evolving industry, Covr is a technology-driven alternative that provides a simpler, faster way for people to protect what matters most. Through partnerships with financial institutions and advisors, Covr's innovative digital platform provides a simpler way to research, compare, shop for and buy insurance from top providers, fully online and within minutes. Covr is in beautiful downtown Boise.  Our employees enjoy a casual dress code, flexible hours, and competitive games of foosball in the break room.  We have a strong culture based on our core values:  Client First, Integrity, Innovation, Collaboration, Fun

JOB SUMMARY:
This Sales Commission Analyst role is a newly created position to our growing team Reporting to the Chief Financial Officer, this role will be responsible for ….

ESSENTIAL JOB FUNCTIONS, DUTIES, AND PERFORMANCE RESPONSIBILITIES:
  • Learn and become knowledgeable of Covr’s commission grids.
  • Pull reports and verify commissions paid for each client
  • Reconcile actual commissions received to expected commissions. 
  • Obtain and maintain commission schedules
  • Assist Senior Commissions Analyst in setting up and revising special arrangements
  • Follow up on debit balances and review with Senior Commissions Analyst             
  • Prepare and send out commission payments to agents
  • Contact carriers and be able to communicate and resolve discrepancies in expected vs. actual commissions.
  • Calculate and prepare batch commission statements for payment to external parties.
  • Answer commission related questions for Covr employees
  • Respond to client requests for information regarding commissions paid
  • Creates financial models bases on analyses to support organizational decision making.
  • Develops financial plans and reports for organizational leaders.
  • Analyzes industry trends and makes recommendations based on those trends.
  • Develops automated reporting and forecasting tools for more efficient use of data
  • Performs other related duties as assigned.

JOB SPECIFICATIONS:

Education and Experience:
  • Bachelor’s degree required in Accounting, Finance, or related field a plus
  • Experience in insurance industry a plus
  • 2+ years as an accountant, auditor, or commissions analyst OR valid CPA (Certified Public Accountant) certificate with at least one year of professional experience as an accountant, auditor in a fast-paced environment

Knowledge and Skills:
  • Intermediate to Advanced Excel skills (pivot tables & VLOOKUP)
  • Commissions experience is required
  • Experience with commission processing systems
  • Excellent verbal and written communication skills.
  • Strong math skills
  • Strong attention to detail and organization
  • Understanding of Generally Accepted Accounting Principles (GAAP) a plus
  • Understanding of Generally Accepted Auditing Standards a plus
BENEFITS PACKAGE:
We offer a competitive benefits package:
  • Paid Time Off (PTO): 3 weeks to start, increasing with years of service
  • Paid holiday’s – 11 days
  • Medical, Dental and Vision – 80% of monthly premium paid by Covr for all full-time employees
  • Adult and child orthodontia
  • Health Savings Account (HSA) with quarterly company contributions
  • Short-Term and Long-Term Disability
  • NEW - Pet insurance for cats and dogs
  • 401(k) with company match
  • Company paid Life and AD&D insurance for all full-time employees.
  • Supplemental Life and AD&D insurance up to 5x’s salary for employee
  • Supplemental Life and AD& D plans offered for spouse and dependents
  • Flexible Spending Accounts (FSAs): medical, dependent, parking and transit

Covr is an equal opportunity employer and values diversity in our workforce. We encourage applications from all qualified individuals, including those with diverse backgrounds and those with disabilities. Please note that we do not provide immigration sponsorship for this position.

 

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