Guarantee Trust Life Insurance Company (GTL) is currently seeking a Commissions Accounting Specialist to 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.