Commission Analyst, Finance & Banking

Calculates and analyzes commissions and compensation for multiple Western & Southern Financial Group business units requiring a basic understanding of multiple systems and compensation structures. Responsible for the analysis of a range of items with impacts to commission and compensation exceptions and adjustment processing. Serves as a back-up for critical functions and completes special projects as assigned by management. Responds to inquiries and acts as a point of contact for internal and external parties, providing excellent customer service.

Resolves open/aged items through proper research and communication. Works independently with minimal supervision, escalating issues to management when appropriate and updating Manager on a regular basis.

What you will do:

• Provides prompt and accurate customer service to internal and external customers.
• Processes commission payments, reviews statements and releases payments.
• Performs daily verification and review of commissionable activities and reporting, working with IT and shared services as needed.
• Resolves commission issues, questions and complaints by telephone or written correspondence through gathering, researching and analyzing policy information.
• Acts as a liaison for hierarchy setups, contract setups and quality review of licensing activities.
• Processes incentive programs, including commission adjustments, production bonus and advances.
• Assists Licensing Department and New Business as needed with inquiries from agents and internal customers regarding commissions and contracting.
• Initiates process to obtain beneficiary information ensuring continued commission payment for deceased producers.
• Assists with procedure redesign and implementation of compensation plan changes.
• Provides feedback for automating and streamlining Commission department processes while maintaining the integrity and usefulness of such processes.
• Supports audit requests from internal and external partners. Delivers timely and thorough supporting documentation and calculations for commission payments.
• Assists with tax, benefit and reporting requests.
• Updates systems and processed payments related to debit balances and collection efforts.
• Acts as a department representative when needed.
• Interacts with managers and team members on various Commission department issues.
• Serves as a backup for critical functions for other desks within the Commission department.
• Performs other duties as assigned.
• Complies with all policies and standards.

• High School Diploma Or GED
  - Required
• Bachelor's Degree Or commensurate experience within financial services
  - Preferred
• Proven experience managing multiple priorities within a fast-paced environment.
  
  - Required
• Demonstrated experience successfully handling confidential information.
  
  - Required
• Demonstrated experience working effectively within a team and of going above and beyond the call of duty to assist team members.
  
  - Required
• Experience in the financial services industry.
  
  - Preferred
• Experience working with commissions, reconciliations, general ledgers and financial reports.
  
  - Preferred
• Proven strong analytical skills, including demonstrated experience identifying, quantifying and providing effective resolutions to problems.
  
  - Preferred
• Demonstrated strong understanding of business math with a high comfort level of working with numbers.
  
  - Required
• Demonstrated excellent organizational skills and strong attention to detail.
  
  - Required
• Proven ability to grasp new products, concepts and procedures.
  
  - Required
• Proven examples of handling difficult situations while maintaining productive working relationships.
  
  - Required
• Demonstrated excellent verbal and written communication skills with ability to convey information to internal and…