Insurance Commission Coordinator

Job Responsibility:

Job Summary

What is the opportunity?

The Insurance Commission Coordinator will be responsible for processing weekly insurance statements, verifying commission contracts, understanding, and managing commission entries, and using various software tools to ensure accuracy and efficiency in commission processing. The role would also require some account to ensure that our accounts are balanced. This role requires strong general math and accounting skills, as well as proficiency in using Excel and web-based databases. The ideal candidate will be adept at navigating various life insurance company websites and managing commission-related tasks with precision and ease.

What will you do?

• Processing Weekly Insurance Statements:

• Reviewing Commission Contracts:

• Review and verify commission contracts to ensure compliance with company policies and regulatory requirements.

• Ensure accurate and timely recording of all commission-related transactions.

• Reconciliation of bank account

• Utilize Excel for data analysis, reporting, and reconciliation tasks.

• Use web-based databases to manage and track commission data.

• Apply general math and accounting principles to verify and process commission entries.

What do you need to succeed?

Must haves:

• High school diploma or equivalent.

• Proven experience in a similar role, preferably in the insurance industry.

• Proficiency in Microsoft Excel and experience with web-based databases.

• Strong attention to detail and accuracy.

• Excellent organizational and time management skills.

• Ability to navigate and utilize various life insurance company websites with ease.

• Strong general math and accounting skills.

• Excellent communication and interpersonal skills.

• Ability to work independently and as part of a team.

Nice-to-haves:

• Associate or bachelor's degree in accounting, Finance, or a related field preferred.

• Min. of 3 years of experience in similar role

What's in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable.

• Leaders who support your development through coaching and managing opportunities

• Ability to make a difference and lasting impact.

• Work in a dynamic, collaborative, progressive, and high-performing team.

• Flexible work/life balance options.

• Opportunities to do challenging work.

• Opportunities to take on progressively greater accountabilities.

• Access to a variety of job opportunities across business.

Job Skills

Accounting, Communication, Company Policies, Data Entry, Detail-Oriented, Email Services, Generally Accepted Accounting Principles (GAAP), Management Reporting, Office Administration, Presentation Software, Spreadsheet Software, Teamwork, Time Management, Word Processing Software

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

Wealth Management

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-07-09

Application Deadline:

2024-07-24

I nclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities. We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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