Lockton is a global professional services firm with more than 8,000 Associates who advise clients on protecting their people, property and reputations. Lockton has grown to become the world's largest privately held, independent insurance broker by helping clients achieve their business objectives. Check out the latest insights from Lockton's experts.  


A few reasons Associates love working at Lockton include:

  • Opportunities for growth and advancement, including paid training and professional development.
  • 12-week paid parental leave.
  • An emphasis on community involvement and giving back.
  • Frequent athletic and wellness events.
  • Incredibly generous rewards; US Associates receive a Rolex for their 10-year anniversary!
  • We are uncommonly and perpetually independent.

Central Commissions Analyst

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Finance and Accounting
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586 Total Views

The Lockton Companies Central Commissions Analyst is primarily responsible for recording commission payment detail in the agency management system, as well as, recording cash entries to the general ledger.   Direct and frequent interaction with Lockton sales associates and client specialists, as well as, insurance carriers supports timely and accurate recording of revenue.

Duties & Responsibilities

  • Transact commission client detail within an automated cash application system and process all exceptions efficiently and effectively.

 

  • Responsible for ensuring all cash is recorded to the general ledger and obtaining approval from the Central Commissions Supervisor for any exceptions.

 

  • Responsible for all month-end closing activities including production and cash balancing, as well as, suspense reconciliation.

 

  • Review and request client master data set-up and maintenance with internal business partners to ensure commission detail is recorded timely.

 

  • Review documentation enclosed with payments and deliver insurance documents to appropriate associates.

 

  • Work with appropriate carrier contacts to ensure commission payment remittance access is accurately and timely available to record revenue when received.

 

  • Reconcile expected commission amounts versus received amounts when requested.

 

  • Provide best in class customer service to internal and external business partners and customers.

 

  • Responsible for record retention - archive.

Requirements

 

  • Bachelor's Degree in Accounting or Finance preferred; or equivalent education and experience.

 

  • General understanding of accounting concepts and procedures.

 

  • 2-3 years of experience in handling complex accounts receivable duties in an accounting environment.

 

  • Strong organizational and time management skills to prioritize heavy individual workload to meet time sensitive deadlines.

 

  • Excellent written and verbal communication skills; demonstrated professional with personal presence to interface with corporate decision makers.

 

  • Ability to compile, analyze and interpret financial information and data to facilitate decision making.

 

  • Demonstrated ability to work independently, as well as, part of a team with minimal supervision.

 

  • Ability to grasp new topics and concepts quickly and transfer knowledge to others on the team when appropriate.

 

  • Ability to prioritize heavy, time sensitive workloads while meeting aggressive deadlines

 

  • Results driven and takes initiative.

 

  • Proficient in MS Excel required; MS Word experience a plus.

 

  • BenefitPoint experience preferred.

 

  • PeopleSoft experience preferred.

Lockton Companies LLC is proud to provide everyone an equal opportunity to grow and advance. We strive to cultivate an environment that learns from, celebrates, and thrives because of our breadth of differences. We are committed to fostering a culture where every member of the Lockton family feels valued and accepted as they are and safe to bring their authentic selves to work every single day. At the end of the day, our mission is to ensure that our family can be anyone’s family.

No Agencies Please

Any Employment Agency, person or entity that submits an unsolicited resume to this site does so with the understanding that the applicant's resume will become the property of Lockton Companies, Inc. Lockton Companies will have the right to hire that applicant at its discretion and without any fee owed to the submitting Employment Agency, person or entity. Employment Agencies, who have fee Agreements with Lockton Companies must submit applicants to the designated Lockton Companies Employment Coordinator to be eligible for placement fees.

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