Insurance Commissions Associate
2 days ago
As a Commission Associate at Raymond James Financial Incorporated, you will play a vital role in processing all aspects of commissions for financial advisors. Under general supervision, you will utilize specialized knowledge and skills to confirm proper posting of fees, commissions, and reimbursements to commission systems and the general ledger, ensuring the integrity of ledger accounts.
Key Responsibilities:- Act as a liaison between insurance carriers, financial advisors, and sales management to ensure seamless commission processing.
- Prepare various journal entries, primarily commission postings and adjustments, to maintain accurate financial records.
- Reconcile commission statements and commission-related general ledger accounts to identify and resolve discrepancies.
- Utilize reporting software to assist in reconciliations and problem resolution, providing exceptional customer service to internal and external stakeholders.
- Record, input, and post commission information from various sources, including ACHs and paper checks, to ensure timely and accurate processing.
- Prepare advances and commission reversals to maintain a balanced commission system.
- Remain current in operations policies and procedures, adhering to Raymond James' core values of client-first, integrity, independence, and a conservative, long-term view.
- May train other associates to ensure knowledge sharing and skill development.
- High School diploma or equivalent with a minimum of two (2) years of Payroll or Commissions experience.
- Associate's degree (A.A.) or equivalent from a two-year college or technical school and one (1) year related experience and/or training in Payroll or Commissions.
- Bachelor's Degree Preferred.
- An equivalent combination of education, experience, and/or training approved by Human Resources.
At Raymond James, our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on our core values. We expect our associates at all levels to:
- Grow professionally and inspire others to do the same.
- Work with and through others to achieve desired outcomes.
- Make prompt, pragmatic choices and act with the client in mind.
- Take ownership and hold themselves and others accountable for delivering results that matter.
- Contribute to the continuous evolution of the firm.
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Insurance Commissions Associate
2 weeks ago
Memphis, Tennessee, United States Raymond James Financial Incorporated Full timeJob Summary:Under general supervision, uses specialized knowledge and skills obtained through experience and/or formal training to process all aspects of commissions for financial advisors. Detailed instructions, established procedures and prescribed guidelines are provided to perform a variety of routine tasks. Recommends solutions to moderately complex...
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Commissions Processing Associate
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Memphis, Tennessee, United States Raymond James Financial Incorporated Full timeJob Summary:Under general supervision, uses specialized knowledge and skills obtained through experience and/or formal training to process all aspects of commissions for financial advisors.Detailed instructions, established procedures and prescribed guidelines are provided to perform a variety of routine tasks.Recommends solutions to moderately complex...
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