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Commission Insurance Controller Jobs in Minnesota

Controller As the Payroll Staff Accountant, you will own the full-cycle payroll for 350+ hourly ... Calculate wages, overtime, tips, commissions, and bonuses * Process payroll using the payroll ...

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Controller As the Payroll Staff Accountant, you will own the full-cycle payroll for 350+ hourly ... Calculate wages, overtime, tips, commissions, and bonuses * Process payroll using the payroll ...

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Commission Insurance Controller information

What is the difference between Commission Insurance Controller vs Insurance Underwriter?

AspectCommission Insurance ControllerInsurance Underwriter
CredentialsTypically requires a bachelor's degree in finance, accounting, or related field; certifications like CPCU or ARM are commonUsually holds a bachelor's degree in finance, economics, or related field; professional designations like CPCU or AIC are beneficial
Work EnvironmentWorks within insurance companies managing commissions, financial reporting, and complianceWorks in underwriting departments assessing risk and determining policy terms
Employer & Industry UsageCommonly employed by insurance carriers and brokersEmployed by insurance companies, agencies, and brokers

The Commission Insurance Controller focuses on managing commissions, financial controls, and compliance within insurance firms, while Insurance Underwriters evaluate risks and set policy terms. Both roles require similar credentials and often work within the same industry environment, but their core responsibilities differ significantly.

What does a commission insurance controller do in an insurance company?

A commission insurance controller manages and oversees the calculation, tracking, and reporting of commissions paid to agents and brokers within an insurance company. They ensure accurate commission payments, maintain compliance with company policies and regulations, and often use specialized software to monitor financial transactions related to commissions. Strong analytical skills and knowledge of insurance policies and accounting are essential for this role.

What are the most commonly searched types of Insurance Controller jobs in Minnesota?

The most popular types of Insurance Controller jobs in Minnesota are:

Assistant Controller

Minneapolis, MN

North Star Resource Group
Finance and Insurance • 201 - 500 employees

Contractor

Medical, Dental, Vision, Life, Retirement, PTO

Posted 10 days ago


Job description

Position: Assistant Controller
Reports to: Controller


COMPENSATION & BENEFITS:
  • $100,000 - $125,000 depending on qualifications and experience
  • Bonus potential
  • Generous PTO package
  • Medical, Dental, Vision, Life Insurance, Short Term & Long-Term Disability
  • 401K match
ORGANIZATION/BUSINESS OVERVIEW:

North Star Resource Group is an independent financial services firm helping our clients start and stay on the path to financial security. We are committed to your complete financial wellness; whatever life may bring.
We are looking for individuals to join our company that live our core values:

  • Responsibility
  • Faith
  • Integrity
  • Growth
  • Gratitude
  • Service

POSITION SUMMARY:

The purpose of this position is to oversee and assist with various processes in the accounting department. Essential Functions:


  • Oversee accounting department and internal auditing
  • Supervise, train and mentor accounting dept staff
  • Serve as a liaison between advisors and the accounting team
  • Oversee/handle accounts payable and receivable workflows
  • Test and maintain internal financial controls
  • Oversee team member benefits administration
  • Oversee advisor commissions process
  • Reconcile complex bank and general ledger accounts
  • Assist with tax preparation and filings
  • Assist with managing client/vendor relationships (office supplies, rent, copiers etc)
  • Oversee/handle accounting for North Star related organizations (NS Tax, NSRG Ventures, Charitable Foundation)

.
Minimum requirements in terms of educational background, work experience, licenses /certifications or other knowledge, skills and abilities.

  • Bachelor's degree in accounting. CPA preferred
  • 3-5 years experience in accounting, financials, and financial services preferred
  • Previous experience supervising accounting staff preferred
  • Strong working experience using ERP accounting system (i.e. Great Plains, Business Central)Solid experience using Quickbooks and other accounting software
  • Strong curiosity and ability to identify and implement process improvementsExperience integrating AI into accounting functions is a plus
  • Extremely high attention to detail and accuracy
  • Maintain confidentiality of information
  • Excellent customer service skills
  • Ability to troubleshoot and research compensation/accounting issues
  • Excellent Microsoft Excel skills and working with large data files

This description covers the primary and principal duties of the job. It is not intended to give all details or a step-by-step account of the way each procedure or task is performed.

ADDITIONAL SKILLS AND EXPERIENCE:
  • Knowledge of insurance / financial services industry preferred Experience with payroll administration would be a plus
  • Good organizational and demonstrated problem solving skills
  • Good understanding of DOL compliance for W2 team members and 1099 Independent Contractor IRS guidelines