Senior Commissions Accountant

Posted 16 Days Ago
Be an Early Applicant
Oakland, CA, USA
In-Office
64K-134K Annually
Senior level
Healthtech • Insurance
To improve health by providing access to quality care. #LifeatDDins #DeltaDentalCares
The Role
The Senior Commissions Accountant manages producer compensation cycles, ensuring accurate payments and compliance with regulations while providing support and training to team members on compensation processes.
Summary Generated by Built In
The Senior Commissions Accountant is responsible for managing monthly producer compensation cycles, including the calculation and reconciliation of the compensation, payment related activities, recording and reconciling monthly broker expense and licensing fee journal entries and general ledger accounts and reporting, to ensure timely and accurate payments. The role will ensure that the company producer compensation payments are accurate and in compliance with state and federal regulations and internal policies and procedures. The role will also provide backup support, perform quality assurance verification and participate in developing and testing system maintenance and enhancements. Responsibilities
  • Performs monthly producer compensation calculation, reconciliation and payment trends, identifies, reports and resolves variances, creates commission invoices for payment, validate, distribute and reconcile payments.
  • Records monthly broker expense and licensing fee journal entries. Analyzes and reconciles general ledger accounts and provides variance reporting to management.
  • Researches and resolves complex or sensitive producer compensation inquiries.
  • Functions as a team lead and provides direct support to producer management analysts and trains them on producer record and relationship management, reconciliation of the calculation of compensation, payments and reporting.
  • Prepares, analyzes and reconciles state and federal reporting requirements such as: annual 1099 reconciliation, Form 5500 producer compensation reporting, CA AB 2589, DMHC reporting, etc. Assists with complex inquiries related to state and federal reporting requirements.
  • Collaborates with producer credentialing and contracting team members, state and federal regulatory agencies, partnerships and producers to resolve outstanding commissions as it relates to all line of business.
  • Contributes to monthly management and key performance metrics reporting. Prepares ad-hoc management reports.
  • Maintains and updates departmental policies and procedures as it relates to producer compensation in addition to training materials. Serves as subject matter expert for all aspects of producer compensation and general ledger reconciliation as it relates to compensation.
  • Assists with DOI and external/internal audit requests by compiling and validating information.
  • Creates reports and analyzes data to identify solutions that meet business goals. Analyzes current processes and identifies existing or potential problems in order to discover new process improvement opportunities.
  • Qualifications

    Minimum Qualifications
     

    • 4+ w/Bachelor’s degree

    Additional Experience
     

    • Bachelor’s degree in Business Administration with emphasis in Accounting required. Insurance and/or healthcare experience is preferred.

    Knowledge, Skills, Abilities
     

    • Strong attention to detail and accuracy.
    • Advanced analytical, problem solving and reasoning skills with the ability to formulate and communicate recommendations for improvement.
    • Proficient in Microsoft applications such as: Excel (Intermediate to Advance), Word, Outlook, PowerPoint, SharePoint, Teams.
    • Ability to prioritize work, follow-up on commitments on a timely basis, work under pressure and adhere to deadlines.
    • Ability to work independently while having strong teaming skills.
    • Ability to communicate professionally, clearly and effectively with producers, management, staff and other business partners.
    • Knowledge of policies, procedures and guidelines.
    • Ability to maintain confidentiality.
    • Strong knowledge and understanding of producer licensing, credentialing, appointments and compensation.
    • Strong knowledge of accounts receivable, accounts payable and general ledger processes and procedures.

    Base Pay Information
    The national base pay range at the end is a good-faith estimate of what Delta Dental may pay for new hires. Actual pay may vary based on Delta Dental’s assessment of the candidate’s knowledge, skills, abilities (KSAs), related experience, education, certifications and ability to meet required minimum job qualifications. Other factors impacting pay include prevailing wages in the work location and internal equity. 
    Pay Grade 19. $63,700 - $133,500

    About UsBehind the smile! We are dedicated to safeguarding the health and financial stability of our employees and their loved ones. This commitment extends beyond the workplace to foster personal growth and holistic wellbeing. Our life-changing rewards package includes:
    • Competitive base and incentive pay 
    • 401(k) with robust matching and non-matching contributions
    • Rich medical & pharmacy benefits
    • 100% employer-paid dental and vision benefits
    • Holistic wellbeing program with deep financial incentives
    • Generous paid time off plus 12 paid holidays and your birthday off
    • Culture of growth and learning: career development; tuition reimbursement; recognition program
    • Family support: adoption assistance, fertility treatment, child, elder & pet care assistance
    • Social responsibility and volunteer opportunities
    • Employee discount program
    Fair Chance Ordinances and Criminal Background Considerations 
    This position requires that the applicant undergo a background check. Qualified applicants with arrest or conviction records will be considered for employment in accordance with any applicable federal, state or local laws, including, but not limited to, the California Fair Chance Act, the Los Angeles County Fair Chance Ordinance, the City of Los Angeles Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and/or New York Corrections Law Article 23-A.

    #LI-Hybrid
    About the Team
    Delta Dental Ins. is an equal opportunity employer and is committed to providing a professional work environment free from discrimination and harassment.  Individuals seeking employment at Delta Dental are considered without regard to race, ethnicity, color, age, sex, religion, national origin, ancestry, pregnancy, sexual orientation, gender identity, gender expression, genetic information, actual or perceived physical or mental disability, registered domestic partner status, caregiver status, marital status, veteran or military status, citizenship status, or any other legally protected category.  Delta Dental is committed to providing equal employment opportunities to all employees and applicants for employment. Accordingly, we have adopted and maintain an Equal Employment Opportunity Policy, Harassment-Free Work Environment Policy, and Respectful Workplace policies and will not tolerate violations of these policies.

    Unfortunately, our Delta Dental Enterprise is unable to hire individuals residing in Alaska, Hawaii, Maine, Nebraska, New Hampshire, North Dakota, Oklahoma, Vermont, West Virginia, Wyoming, Washington DC, Puerto Rico or other US Territories or outside of the United States at this time.

    Skills Required

    • 4+ years with Bachelor's degree
    • Bachelor's degree in Business Administration with emphasis in Accounting
    • Insurance and/or healthcare experience

    Delta Dental Insurance Company Compensation & Benefits Highlights

    The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Delta Dental Insurance Company and has not been reviewed or approved by Delta Dental Insurance Company.

    • Retirement Support Retirement support is positioned as a standout element, including a sizable automatic 401(k) contribution plus additional matching. This boosts overall total-rewards value even when base pay is viewed as only mid-market in some areas.
    • Affordable Benefits Core coverage is framed as unusually low-cost to employees, including fully employer-paid dental and vision and low employee contribution medical options. This creates meaningful take-home value beyond cash compensation.
    • Leave & Time Off Breadth Time-off offerings are described as generous, including broad PTO/holidays and additional paid leave features such as parental leave. These policies increase perceived rewards and help balance workload demands.

    Delta Dental Insurance Company Insights

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    The Company
    HQ: San Francisco, California
    5,975 Employees
    Year Founded: 1955

    What We Do

    At Delta Dental, we’re behind millions of smiles and counting. For over 68 years, we’ve served our communities by increasing access to affordable, quality care – but that commitment to care extends beyond the people we serve, to the dedicated employees who make those smiles genuine. We've come this far by building programs that offer opportunities for advancement, create meaningful connections, and improve the lives of our employees and their families. Because we know that when we take exceptional care of each other, we can make a positive impact for all. We champion an inspirational workplace through our commitment to trust, service, excellence and innovation. Joining us means working for a company that offers stability and balance, opportunities for leadership at all levels, and a work environment. Delta Dental of California, Delta Dental of New York, Inc., Delta Dental of Pennsylvania, and Delta Dental Insurance Company are members, or affiliates of members, of the Delta Dental Plans Association, a network of 39 Delta Dental companies throughout the country. Together with our affiliate companies, form one of the nation’s largest dental benefits delivery systems, covering over 31 million enrollees. Headquartered in San Francisco, we are members of the Delta Dental Plans Association, a network of companies that provides dental coverage to 80 million people. Delta Dental provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Delta Dental complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

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