Senior Commissions Accountant

Delta Dental of California Inc.

Oakland, CA

JOB DETAILS
SALARY
$63,700–$133,500 Per Year
SKILLS
Accounting, Accounts Payable, Accounts Receivable, Analysis Skills, Animal Care, Billing, Brokerage, Business Administration, Communication Skills, Compensation Management, Data Analysis, Data Quality, Detail Oriented, Establish Priorities, External Audit, Federal Government, Federal Laws and Regulations, General Ledger Accounting, Healthcare, Insurance, Internal Audit, Journal Entries, Licensing, Medical Billing, Microsoft Excel, Microsoft Outlook, Microsoft PowerPoint, Microsoft Product Family, Microsoft SharePoint, Microsoft Word, Performance Analysis, Performance Metrics, Problem Solving Skills, Process Analysis, Process Improvement, Quality Assurance, Reconciliation, Relationship Management, Reporting Skills, Sales Management, State Laws and Regulations, Systems Maintenance, Team Lead/Manager, Test Plan/Schedule, Time Management, Trend Analysis, Tuition Reimbursement, Variance Analysis
LOCATION
Oakland, CA
POSTED
30+ days ago

The Senior Commissions Accountant is responsible for managing monthly producer compensation cycles, including the calculation and reconciliation of the compensation, payment related activities, recording and reconciling monthly broker expense and licensing fee journal entries and general ledger accounts and reporting, to ensure timely and accurate payments. The role will ensure that the company producer compensation payments are accurate and in compliance with state and federal regulations and internal policies and procedures. The role will also provide backup support, perform quality assurance verification and participate in developing and testing system maintenance and enhancements. Behind the smile! We are dedicated to safeguarding the health and financial stability of our employees and their loved ones. This commitment extends beyond the workplace to foster personal growth and holistic wellbeing. Our life-changing rewards package includes:

  • Competitive base and incentive pay
  • 401(k) with robust matching and non-matching contributions
  • Rich medical & pharmacy benefits
  • 100% employer-paid dental and vision benefits
  • Holistic wellbeing program with deep financial incentives
  • Generous paid time off plus 12 paid holidays and your birthday off
  • Culture of growth and learning: career development; tuition reimbursement; recognition program
  • Family support: adoption assistance, fertility treatment, child, elder & pet care assistance
  • Social responsibility and volunteer opportunities
  • Employee discount program

Fair Chance Ordinances and Criminal Background Considerations

This position requires that the applicant undergo a background check. Qualified applicants with arrest or conviction records will be considered for employment in accordance with any applicable federal, state or local laws, including, but not limited to, the California Fair Chance Act, the Los Angeles County Fair Chance Ordinance, the City of Los Angeles Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and/or New York Corrections Law Article 23-A.

#LI-Hybrid

Minimum Qualifications

  • 4+ w/Bachelor's degree

Additional Experience

  • Bachelor's degree in Business Administration with emphasis in Accounting required. Insurance and/or healthcare experience is preferred.

Knowledge, Skills, Abilities

  • Strong attention to detail and accuracy.
  • Advanced analytical, problem solving and reasoning skills with the ability to formulate and communicate recommendations for improvement.
  • Proficient in Microsoft applications such as: Excel (Intermediate to Advance), Word, Outlook, PowerPoint, SharePoint, Teams.
  • Ability to prioritize work, follow-up on commitments on a timely basis, work under pressure and adhere to deadlines.
  • Ability to work independently while having strong teaming skills.
  • Ability to communicate professionally, clearly and effectively with producers, management, staff and other business partners.
  • Knowledge of policies, procedures and guidelines.
  • Ability to maintain confidentiality.
  • Strong knowledge and understanding of producer licensing, credentialing, appointments and compensation.
  • Strong knowledge of accounts receivable, accounts payable and general ledger processes and procedures.

Base Pay Information

The national base pay range at the end is a good-faith estimate of what Delta Dental may pay for new hires. Actual pay may vary based on Delta Dental's assessment of the candidate's knowledge, skills, abilities (KSAs), related experience, education, certifications and ability to meet required minimum job qualifications. Other factors impacting pay include prevailing wages in the work location and internal equity.

Pay Grade 19. $63,700 - $133,500

Performs monthly producer compensation calculation, reconciliation and payment trends, identifies, reports and resolves variances, creates commission invoices for payment, validate, distribute and reconcile payments. Records monthly broker expense and licensing fee journal entries. Analyzes and reconciles general ledger accounts and provides variance reporting to management. Researches and resolves complex or sensitive producer compensation inquiries. Functions as a team lead and provides direct support to producer management analysts and trains them on producer record and relationship management, reconciliation of the calculation of compensation, payments and reporting. Prepares, analyzes and reconciles state and federal reporting requirements such as: annual 1099 reconciliation, Form 5500 producer compensation reporting, CA AB 2589, DMHC reporting, etc. Assists with complex inquiries related to state and federal reporting requirements. Collaborates with producer credentialing and contracting team members, state and federal regulatory agencies, partnerships and producers to resolve outstanding commissions as it relates to all line of business. Contributes to monthly management and key performance metrics reporting. Prepares ad-hoc management reports. Maintains and updates departmental policies and procedures as it relates to producer compensation in addition to training materials. Serves as subject matter expert for all aspects of producer compensation and general ledger reconciliation as it relates to compensation. Assists with DOI and external/internal audit requests by compiling and validating information. Creates reports and analyzes data to identify solutions that meet business goals. Analyzes current processes and identifies existing or potential problems in order to discover new process improvement opportunities. Performs monthly producer compensation calculation, reconciliation and payment trends, identifies, reports and resolves variances, creates commission invoices for payment, validate, distribute and reconcile payments. Records monthly broker expense and licensing fee journal entries. Analyzes and reconciles general ledger accounts and provides variance reporting to management. Researches and resolves complex or sensitive producer compensation inquiries. Functions as a team lead and provides direct support to producer management analysts and trains them on producer record and relationship management, reconciliation of the calculation of compensation, payments and reporting. Prepares, analyzes and reconciles state and federal reporting requirements such as: annual 1099 reconciliation, Form 5500 producer compensation reporting, CA AB 2589, DMHC reporting, etc. Assists with complex inquiries related to state and federal reporting requirements. Collaborates with producer credentialing and contracting team members, state and federal regulatory agencies, partnerships and producers to resolve outstanding commissions as it relates to all line of business. Contributes to monthly management and key performance metrics reporting. Prepares ad-hoc management reports. Maintains and updates departmental policies and procedures as it relates to producer compensation in addition to training materials. Serves as subject matter expert for all aspects of producer compensation and general ledger reconciliation as it relates to compensation. Assists with DOI and external/internal audit requests by compiling and validating information. Creates reports and analyzes data to identify solutions that meet business goals. Analyzes current processes and identifies existing or potential problems in order to discover new process improvement opportunities.

About the Company

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Delta Dental of California Inc.

Delta Dental covers more Americans than any other dental benefits provider. As an employee you’ll take part in our mission to become the trusted health partner by collaborating with our communities and employees to reimagine and deliver new possibilities in an ever-changing environment. Our Enterprise Strategy focuses on pillars of Growth and Diversification, supported by the platforms of Culture and People, Process and Technology.

 

Our strategy is only as strong as the people who execute it. We’re hiring individuals that are not just right for today but also for our future. Delta Dental leaders optimistically share future possibilities to inspire and motivate others toward their full potential. We’ve built a foundation of high-trust by treating all people with dignity, making and keeping commitments and consistently striving to do the right thing. As we are working through transformation, we ask employees to find ways to embrace positive change, challenge the status quo to be curious and provide solutions to unmet problems. Joining Delta Dental means joining a culture focused on fostering development, building genuine connections, recognizing each other’s strengths and sharing in successes.

 

We are part of the Delta Dental Plans Association, a network of companies that provides dental coverage to 74 million people in the U.S. Delta Dental of California, Delta Dental of New York, Inc., Delta Dental of Pennsylvania and Delta Dental Insurance Company, together with our affiliate companies, form one of the nation’s largest dental benefits delivery systems, covering 33 million enrollees. All of our companies are members, or affiliates of members, of the Delta Dental Plans Association, a network of 39 Delta Dental companies throughout the country.

 

Delta Dental provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Delta Dental complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

 

COMPANY SIZE
2,500 to 4,999 employees
INDUSTRY
Healthcare Services
EMPLOYEE BENEFITS
Paid Sick Days, Performance Bonus, Prescription Drug Coverage, Professional Development, 401K, Employee Referral Program, Flexible Spending Accounts, Employee Events, Retirement / Pension Plans, Transportation Allowance, Tuition Reimbursement, Life Insurance, Merchandise Discounts
WEBSITE
https://www.deltadentalins.com/