VCFO is an HR Consulting firm; we are recruiting for our client, FYM Financial LLC.
The Commission Associate is responsible for managing the accurate preparation, review, and
reconciliation of commission statements within a Medicare and Life insurance agency. This
position requires prior commission accounting experience, a thorough understanding of
Medicare and Life insurance products, and the ability to effectively resolve commission-related
matters with agents and carriers. The ideal candidate will possess strong analytical skills,
attention to detail, and a commitment to maintaining accuracy and compliance in all commission
processes.
Key Responsibilities :
- Retrieve, prepare, and review commission statements from carrier portals with accuracy
and timeliness.
Reconcile commission data against agency records and identify, investigate, and resolvediscrepancies.
Serve as the primary point of contact for agents regarding commission inquiries,adjustments, and issues.
Coordinate directly with insurance carriers to address and resolve commission-relatedmatters.
Maintain accurate commission records and support reporting, audits, and compliancerequirements.
Collaborate with Manager and team on projects to improve efficiency and accuracywithin commission operations.
Adhere to agency policies, carrier requirements, and regulatory standards at all times.Work Environment :
In-office position, Monday through Friday, 8 : 00 AM – 5 : 00 PM.Professional office setting with a collaborative and fast-paced work culture.Top 3 Core Qualities
1. Attention to Detail & Accuracy – Ensures commission statements, payments, and
reconciliations are processed correctly and without error.
2. Industry Knowledge (Medicare & Life Insurance) – Strong understanding of
commission structures, carrier processes, and agent expectations.
3. Communication & Problem-Solving Skills – Ability to explain commission issues
clearly, resolve discrepancies, and maintain positive relationships with agents and
carriers.
Secondary Qualities
Confidentiality & Integrity – Maintains strict discretion with financial and agent data.Technical Proficiency – Skilled with commission portals, Excel, and agencymanagement / CRM systems.
Organizational Skills – Manages multiple carriers, deadlines, and reconciliationsefficiently.
Adaptability – Quickly adjusts to carrier updates, new processes, or changingcommission structures.
Analytical Thinking – Identifies trends and recurring issues to improve processes.Team-Oriented Mindset – Works collaboratively with accounting, operations, and salesdepartments.
Time Management – Prioritizes tasks effectively, especially during peak cycles likeAEP.
Requirements
Qualifications :
Required : Minimum of 2 years of prior experience as a commission associate within aninsurance agency environment.
Required : Comprehensive knowledge of Medicare and Life insurance products andcommission structures.
Strong analytical, reconciliation, and problem-solving skills.Proficiency with Microsoft Excel and the ability to work with data files and reportingtools.
Excellent verbal and written communication skills for professional interactions withagents and carriers.
Highly organized with the ability to manage multiple priorities and meet deadlines withaccuracy.
Benefits
pre-tax medical, dental and vision. Paid vacation time and sick time.