Financial and Commissions Analyst Job Listing at Medical Mutual in Brooklyn, OH (Job ID 2400315)

Description

Job Summary:

We are seeking a motivated and detail-oriented Financial and Commissions Analyst to support our financial operations and commissions management. This hybrid role combines key functions of financial analysis and commissions processing to provide actionable insights, support accurate payments, and contribute to strategic decision-making. The ideal candidate has a strong analytical background, proficiency in data management, and a collaborative mindset. This is a Hybrid role in Brooklyn, OH

Responsibilities:

1. Commissions Analysis and Management

• Process, validate, and analyze commission data to ensure accurate and timely payments to agents, brokers, and internal sales teams.
• Develop and maintain detailed commission reports, identifying trends, discrepancies, and opportunities for improvement.
• Act as a point of contact for commission-related inquiries, resolving discrepancies, and providing guidance to internal and external stakeholders.
• Collaborate with the sales team to improve commission structures, assist with plan adjustments, and ensure alignment with business objectives.
• Continuously monitor and improve the commission calculation and reporting process, enhancing efficiency and accuracy.

2. Financial Analysis and Reporting

• Prepare, analyze, and interpret financial data to support business planning and performance evaluation.
• Develop financial models and forecasts to aid decision-making processes related to revenue, costs, and other key metrics.
• Support month-end and year-end close activities by providing data insights and variance analysis.
• Collaborate with cross-functional teams to create and maintain budgeting and forecasting processes that align with organizational goals.
• Conduct ad hoc financial analyses to support special projects, identifying key trends and recommendations.

3. Data Management and Reporting

• Work cross-functionally to solve data issues and discrepancies.
• Support team members on how to interpret and use financial and commission data effectively.

4. Process Improvement

• Identify opportunities to streamline and automate processes for both financial and commissions analysis.
• Assist in the development and implementation of best practices in reporting and data management.
• Provide insights and recommendations to enhance data-driven decision-making across the organization.

Education and Experience:

• Bachelors degree in Accounting, Finance, or Business Administration major or related field.
• 4 years progressive accounting or finance experience preferred
• 2 years experience with commission or incentive payment systems preferred

Technical Skills and Knowledge:

• Proficiency in data analysis tools such as Excel(macros, pivot tables, complex formulas).  Experience in Financial modeling, Power BI (preferred), and ERP systems; familiarity with commission software is a plus.

• Experience in the insurance, healthcare, or financial services industry preferred
• Knowledge of commission structures and sales incentive programs.
• Power BI (preferred) and other data tools to develop and maintain dashboards and reporting tools

Behavioral Competencies:

• Strong analytical skills with a high attention to detail and accuracy.
• Excellent communication and interpersonal skills, with the ability to collaborate across departments.
• Ability to manage multiple priorities, meet deadlines, and work effectively in a fast-paced environment.

Medical Mutual is looking to grow our team! We truly value and respect the talents and abilities of all of our employees. That's why we offer an exceptional package that includes:

A Great Place to Work:

• We will provide the equipment you need for this role, including a laptop, monitors, keyboard, mouse and headset.
• Whether you are working remote or in the office, employees have access to on-site fitness centers at many locations, or a gym membership reimbursement when there is no Medical Mutual facility available. Enjoy the use of weights, cardio machines, locker rooms, classes and more.
• On-site cafeteria, serving hot breakfast and lunch, at the Brooklyn, OH headquarters.
• Discounts at many places in and around town, just for being a Medical Mutual team member.
• The opportunity to earn cash rewards for shopping with our customers.
• Business casual attire, including jeans.

Excellent Benefits and Compensation:

• Employee bonus program.
• 401(k) with company match up to 4% and an additional company contribution.
• Health Savings Account with a company matching contribution.
• Excellent medical, dental, vision, life and disability insurance — insurance is what we do best, and we make affordable coverage for our team a priority.
• Access to an Employee Assistance Program, which includes professional counseling, personal and professional coaching, self-help resources and assistance with work/life benefits.
• Company holidays and up to 16 PTO days during the first year of employment with options to carry over unused PTO time.
• After 120 days of service, parental leave for eligible employees who become parents through maternity, paternity or adoption.

An Investment in You:

• Career development programs and classes.
• Mentoring and coaching to help you advance in your career.
• Tuition reimbursement up to $5,250 per year, the IRS maximum.
• Diverse, inclusive and welcoming culture with Business Resource Groups.

About Medical Mutual:

Medical Mutual's status as a mutual company means we are owned by our policyholders, not stockholders, so we don't answer to Wall Street analysts or pay dividends to investors. Instead, we focus on developing products and services that allow us to better serve our customers and the communities around us.

There's a good chance you already know many of our Medical Mutual customers. As the official insurer of everything you love, we are trusted by businesses and nonprofit organizations throughout Ohio to provide high-quality health, life, disability, dental, vision and indemnity plans. We offer fully insured and self-funded group coverage, including stop loss, as well as Medicare Advantage, Medicare Supplement and individual plans. Our plans provide peace of mind to more than 1.2 million Ohioans.

We're not just one of the largest health insurance companies based in Ohio, we're also the longest running. Founded in 1934, we're proud of our rich history with the communities where we live and work.

At Medical Mutual and its family of companies we celebrate differences and are mutually invested in our employees and our community. We are proud to be an Equal Employment Opportunity and Affirmative Action Employer. Qualified applicants will receive consideration for employment regardless of race, color, religion, sex, sexual orientation, gender perception or identity, national origin, age, marital status, veteran status, or disability status.

We maintain a drug-free workplace and perform pre-employment substance abuse and nicotine testing.