Commissions Accounting Specialist

Guarantee Trust Life Insurance Company (GTL) is currently seeking a Commissions Accounting Specialistto join our team! Since 1936, GTL has offered cutting-edge insurance solutions and personalized service for our policyholders and distributors, while supporting personal growth and civic involvement from our employees. We're seeking candidates who are looking for meaningful work, who want to invest in their growth, and contribute to a company built on timeless virtues and best business practices. This position is required to work on-site in our Chicagoland (Glenview, IL) office most days. Everyone receives 3 flexible remote days per month and 6 additional Friday PTO days each year! And, we offer half-day Fridays - every Friday! This role, which reports to the Accounting Supervisor, is responsible for assisting with the monthly reconciliation and payment to agents for weekly new business and monthly renewals. This position also assists with weekly accounts payable and assistance with the monthly financial statements. Key Responsibilities: Reconcile monthly carrier payments in the commissions system to ensure accurate and timely payment to agents and prepare lapse and advance reports.Prepare1099's and 1099C's.Reconcile bank accounts by gathering and balancing information.Process weekly accounts payable vouchers.Prepare various journal entries.Provide Management with financial information, analyze accounts and prepare monthly financial statements.Assist in other special projects as needed. Qualified candidates must have the following: Bachelor's Degree OR Associate Degree plus one year of experience in Accounting or FinanceIntermediate knowledge of Microsoft Excel and WordKnowledge of insurance industry preferredStrong customer service and problem-solving skillsDemonstrated initiative and positive can-do attitudeProven problem-solving and analytical skillsExcellent verbal and written communication skills The pay range provided is not a guarantee of compensation. The range reflects potential pay for the job grade for this role at the time of this posting. Compensation will depend on several factors such as specific competencies, relevant education and experience, qualifications, and industry certifications. Compensation ranges are subject to change and may be higher or lower than the range described above. Provided eligibility requirements are met employees will be eligible for the following benefits: MedicalHealth Savings Account (including employer contribution)DentalVisionBasic Life Insurance (full premium paid by employer)Voluntary Employee, Spouse and Child Life InsuranceShort-Term and Long-Term DisabilityPaid HolidaysPaid time off including vacation, personal days, and sick time The amount of time off varies based on tenure and hours worked401(k) and Profit-Sharing retirement plan The company matches contributions up to 2% provided the employee contributes a minimum of 3%The company may make a discretionary contribution to the Profit-Sharing planWe invite you to learn more about Guarantee Trust Life by visiting our website: www.gtlic.com Stay connected with GTL News Via:Facebook: Twitter: LinkedIn:https://twitter.com/GTLNewshttp://www.linkedin.com/company/guarantee-trust-life-insurancehttps://www.facebook.com/EOE m/f/d/v