Alliant Insurance Services is one of the nation’s largest and fastest-growing insurance brokerage and consulting firms. We operate through a network of specialized national platforms and local offices to offer our clients a comprehensive portfolio of solutions built on innovative thinking and personal service. Alliant is changing the way our clients approach risk management and benefits, so they can capitalize on new opportunities to grow and protect their organizations.
More information is available on the company's website at: www.alliant.com.
SUMMARY
Leads the end-to-end accounting and reporting function for producer commission activity. Oversees daily accounting operations, the preparation of financial information, and monthly close and reporting deadlines, ensuring the accuracy and integrity of Alliant's financial results. Working closely with Divisional Controllers, Producers, Sales leaders, and Legal, this role ensures contracts are interpreted and applied appropriately and commissions are calculated accurately. Ensures the team follows Alliant policies and procedures while adapting processes to support growth, and is responsible for staff supervision, performance reviews, development, and training.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Own the monthly (and any interim) producer commission calculation process from data intake through final payment file.
Prepare and distribute commission statements/calculations directly to producers, fielding and resolving questions.
Maintain and update commission calculation models, schedules, and tools to reflect current contract terms.
Review new, amended, and acquired producer contracts to ensure commission terms are accurately reflected in calculation logic and systems.
Work with Legal to resolve contract interpretation questions, disputes, and amendments affecting commissions.
Analyze commission expense trends and reasonableness, including production levels, rates, and payouts; investigate and resolve variances.
Develop and maintain review procedures and supporting documentation that meet audit and internal control requirements.
Reconcile commission accruals and payables each month.
Identify, develop, and implement process improvements and automation opportunities in commission workflows and accounting operations.
Oversee the maintenance and development of financial reporting and month-end close processes.
Support monthly financial statement close and maintain related schedules.
Prepare monthly commission reporting and analysis for the Divisional Controller and senior finance leaders, including variance commentary.
Lead commission integration activities related to acquisitions.
Review acquired producer contracts and payment schedules, along with legacy calculation methods while maintaining controls and payment continuity.
Support internal and external audit requests related to commission accounting.
Collaborate with internal partners to address accounting, reporting, and operational needs.
Manage the Accounting team’s daily activities and ensure deadlines are met.
Manage staff by motivating/mentoring staff, providing employee training and development, conducting performance reviews, and performing disciplinary action as appropriate.
Performs all duties in accordance with all company policies and procedures, and all federal, state and local laws, wherein the Company operates.
Performs other duties as assigned.
QUALIFICATIONS
EDUCATION/EXPERIENCE
Bachelor's Degree in Accounting or Finance; or an equivalent combination of education and experience
Seven (7) or more years of progressive accounting experience
Insurance, financial services, or producer/broker-based industry experience
Experience with commissions, incentive compensation, or sales compensation accounting
Experience reviewing and interpreting contracts or commission agreements
Experience working in a rapidly growing organization and improving processes to support scale and efficiency
SKILLS
Solid understanding of GAAP
Proficient with Microsoft Office, especially Excel
Detail-oriented with strong analytical and problem solving skills
Demonstrated team management and mentoring skills and the ability to keep staff focused, accountable, and on track
Excellent communication skills and able to communicate directly with leadership
Ability to manage competing monthly deadlines
Ability to explain calculations clearly to producers and outside brokers and collaborate with Legal and Controllership
#LI-DR2
We are proud to provide comprehensive, high quality employee programs to meet employees' needs now and in the future, including a very competitive financial package. We encourage you to explore what we have to offer.
For immediate consideration for this position, please click on the "Apply" button.
Alliant Insurance Services, Inc. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment based on their qualifications and ability without regard to race, color, religion, sex (including pregnancy, childbirth, breastfeeding, sexual orientation, and gender identity), national origin, ancestry, physical or mental disability, medical condition, marital status, age, genetic information, or status as a protected veteran, in accordance with applicable federal, state, and local laws, including California law.
Applicants are protected under Federal law from discrimination. If you need an accommodation to complete the application process or would like to review these materials in an alternative format, please reach out to [email protected]
For more information on Alliant Insurance Service's benefits, please visit www.alliant.com/about/careers/benefits
Skills Required
- Bachelor's degree in Accounting or Finance, or equivalent combination of education and experience
- Seven or more years of progressive accounting experience
- Experience in insurance, financial services, or a producer/broker-based industry
- Experience with commissions, incentive compensation, or sales compensation accounting
- Experience reviewing and interpreting contracts or commission agreements
- Experience improving processes in a rapidly growing organization
- Solid understanding of GAAP
- Proficiency with Microsoft Office, especially Excel
- Strong analytical, problem-solving, communication, and organizational skills
- Team management, mentoring, training, and performance-review experience
What We Do
Alliant Insurance Services is among the largest and fastest-growing insurance brokerage and consulting firms in the United States. Fueled by entrepreneurialism and driven by results, Alliant operates on the belief that more is possible and expectations are meant to be exceeded. Our clients and partners have profound confidence in us to deliver in all market climates through the design and delivery of innovative solutions and services across a broad range of industry verticals. Our people stand as the backbone of our organization. We proudly employ a team of diverse, driven, and exceptional people and invest heavily in their success, giving our brokerage and consulting teams the freedom and resources they need to help their clients grow their businesses to remarkable heights. The result is a dynamic team of professionals who consistently perform at the highest level, while caring and giving back to causes that impact their communities and the world at large. Alliant is built on teamwork and collaboration, a philosophy that has guided our growth and evolution for almost 100 years. We rise together to meet challenges, think together to drive innovation, and thrive together in our business and in the diverse communities where we operate.
