Aon Corporation H&B Consultant-Executive Benefits in Bloomington, Minnesota

Job Family US-MN-Bloomington POSTING DESCRIPTION Aon is looking for a Health & Benefits Specialist - Executive Benefits As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions supporting Aon Risk Solutions in Bloomington, MN. Your impact as an H&B Specialist - Executive Benefits JOB RESPONSIBILITIES: I. Perform Commission Receivable Audit Audit commission cash receipts and their application to our commission receivables; review HC Central reports, Midas d policies, and commission payment back-up and calculate/analyze to determine if the proper payment has been made; maintain an audit spreadsheet for each month detailing the action taken. Work with our carriers to correct/collect underpayments/overpayments. Promptly inform the Vice President - Finance & Accounting of receivables to be written off because they were accrued incorrectly or of needed change to the commission accrual formulas to correct future accrued receivables. II. Month-End Reporting Reconcile the Revenue Analysis by Team Report in HC Central to the Great Plains Trial Balance Report, the JP Morgan cash receipt spreadsheet, and the daily check log; prepare the revenue adjustment to re-classify commission revenue (First Year or Renewal) for review by the Vice President - Finance & Accounting. Track AXA Production Credits to estimate carrier bonus. Track mutual fund cash receipts and update tracking spreadsheet; calculate UNUM s New Sales Incentive Bonus III. Commission Research Projects Complete special research projects as deemed necessary by the Vice President - Finance & Accounting. IV. Reconcile Carrier Commission Payments Verify that appropriate detail accompanies commission payment so detailed policy information matches the check/wire amount; follow up with the carrier to acquire needed backup when the proper detail in not included; Prepare electronic statements for entry by the Commission Accountant AR Review. Allocate carrier bonuses to proper revenue classification (First Year or Renewal). V. Submit and Track Accounts Payable Work with corporate accounts payable to ensure invoices submitted for payment have been processed timely and accurately. Set up any necessary purchase orders for new and existing vendors. You Bring Knowledge and Expertise MINIMUM REQUIREMENTS AND CRITICAL TRAITS EXPERIENCE * Minimum of one year of experience in a business environment. * Insurance carrier knowledge preferred. Must be proficient in Microsoft Word, Excel and Outlook as well as internal systems such as HC Central, strong 10 key skills. Ability to organize and prioritize work to meet deadlines. Ability to proactively take ownership and initiative to accomplish work assignments. Strong attention to detail with the ability to work with different personalities. Must have excellent oral and written communication skills. Telephone communications: Daily but Light Computer work: Moderate to Heavy Education: * Minimum of a high school diploma and two years post secondary business education required, Bachelor s degree in Finance or Accounting preferred. Aon provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, or domestic partner status. Aon is committed to a diverse workforce and is an affirmative action employer. Employer's Job# 2453478 Please visit job URL for more information about this opening and to view EOE statement.