One80 Intermediaries is a privately held, national firm with offices across the country. As a leading U.S. insurance wholesaler and program manager, the company offers placement services and binding authority for property amp; casualty, financial lines, personal lines, and medical stop loss risks. One80 serves commercial companies, non-profits, public entities and individuals, and has access to all major insurance markets in the US and UK. One80 has offices in more than 19 locations nationwide including Boston, New York City, Chicago, Miami, Atlanta, Houston, Dallas, Nashville, San Diego and Seattle.
You Will:
- Obtain commission statements for all commission payments via email, carrier websites and/or regular mail.
- Record cash receipt deposits for payments from carriers in both billing system and reporting database.
- Insure commission entries are accurate per carrier commission schedules. Obtain corrections from underwriting when necessary.
- Process commission statements in supplementary database.
- Process billing transactions and retail agent reconciliations in business system (currently AMS360).
- Complete summary reports to support retail agent commission disbursement. Complete monthly banking template for electronic disbursement for retail agents. Complete payment to retail agents per company procedures and timely submit electronic remittance by 15th of month avoiding late disbursement to retail agents.
- Monitor and disburse remittances to producers in accordance with contractual responsibilities.
Requirements
- Proficiency in Excel including vlookups and pivot tables.
- Policy management experience preferred.
- Knowledge of MS Access