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Job Details

Financial Analyst

Salary
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Location
Bloomington, MN, United States

Posted on
Feb 23, 2023

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Financial Analyst/Accounting As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions supporting our Insurance Risk Department in Bloomington, MN.   ** Please note - the successful applicant must be based in Minnesota***  Your Impact as a Financial Analyst/Accounting Major Areas of Accountability: I. Review Commission Receivables on Accounts Receivable ReportReview accruals over thirty days that show they are unpaid and verify that there has not been a cash application error.Provide accurate supporting documentation to the Vice President – Finance & Accounting so the receivables can be written off before the close of month end.II. Develop Carrier Commission FormulasWork with the Vice President – Finance & Accounting to develop new and modify existing carrier commission formulas in Excel.Test the new and modified carrier commission formulas in HC Central to assure IT has programmed them to our specifications. III. New Insurance Policy Data Entry AuditRun New Policy Audit Report in HC Central to acquire listing of current policies in HC Central that need to be audited for data entry accuracy.Research each policy to confirm the appropriate critical information has been entered correctly for Finance & Accounting purposesEnsure that HC Central matches the actual policy issued and illustration provided to the participant (critical information will be different for each carrier and/or product)correct any incorrectly entered information and check the data entry audited box on the policy screen in HC Central once the data entry audit has been completed. IV. Mutual Fund TrackingUpdate spreadsheet to track mutual fund cash receipts for reforecast purposes. V. Enter Daily Commission Detail from CarriersAssure timely and accurate data entry of commission detail into HC Central, including application of base commissions to the appropriate commission receivable and bonus commissions to the proper revenue classification (First Year or Renewal). VI. Monitor Accounts Payable PaymentAssure accounts payable items are processed correctly by our corporate Accounts Payable department including the creation of necessary purchase orders  Qualifications:  EDUCATIONMinimum of a high school diploma and two years post secondary business education required, bachelor’s degree in Finance or Accounting preferred. EXPERIENCEMinimum of one year of experience in a business environment. Insurance carrier knowledge preferred. MINIMUM REQUIREMENTS AND CRITICAL TRAITSMust 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. How we support our colleagues Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon’s discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program that includes free counseling sessions.  Eligibility for benefits is governed by the applicable plan documents and policies. In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself.  We offer a variety of working style solutions, but we also recognize that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working! Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued. Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.   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, domestic partner status, or other legally protected status.  Aon is committed to a diverse workforce and is an affirmative action employer. People with criminal histories are encouraged to apply.  We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation on **** Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Salary range or hourly pay range for the position The salary range for this position (intended for U.S. applicants) is $52,3000 - $87,100.00 annually. The actual salary will vary based on applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data.  The salary range reflected is based on a primary work location of Bloomington, MN.  The actual salary may vary for applicants in a different geographic location.   #LI-LR1    2524473,qualifications:UNAVAILABLE,responsibilities:Financial Analyst/Accounting As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions supporting our Insurance Risk Department in Bloomington, MN.   ** Please note - the successful applicant must be based in Minnesota***  Your Impact as a Financial Analyst/Accounting Major Areas of Accountability: I. Review Commission Receivables on Accounts Receivable ReportReview accruals over thirty days that show they are unpaid and verify that there has not been a cash application error.Provide accurate supporting documentation to the Vice President – Finance & Accounting so the receivables can be written off before the close of month end.II. Develop Carrier Commission FormulasWork with the Vice President – Finance & Accounting to develop new and modify existing carrier commission formulas in Excel.Test the new and modified carrier commission formulas in HC Central to assure IT has programmed them to our specifications. III. New Insurance Policy Data Entry AuditRun New Policy Audit Report in HC Central to acquire listing of current policies in HC Central that need to be audited for data entry accuracy.Research each policy to confirm the appropriate critical information has been entered correctly for Finance & Accounting purposesEnsure that HC Central matches the actual policy issued and illustration provided to the participant (critical information will be different for each carrier and/or product)correct any incorrectly entered information and check the data entry audited box on the policy screen in HC Central once the data entry audit has been completed. IV. Mutual Fund TrackingUpdate spreadsheet to track mutual fund cash receipts for reforecast purposes. V. Enter Daily Commission Detail from CarriersAssure timely and accurate data entry of commission detail into HC Central, including application of base commissions to the appropriate commission receivable and bonus commissions to the proper revenue classification (First Year or Renewal). VI. Monitor Accounts Payable PaymentAssure accounts payable items are processed correctly by our corporate Accounts Payable department including the creation of necessary purchase orders  Qualifications:  EDUCATIONMinimum of a high school diploma and two years post secondary business education required, bachelor’s degree in Finance or Accounting preferred. EXPERIENCEMinimum of one year of experience in a business environment. Insurance carrier knowledge preferred. MINIMUM REQUIREMENTS AND CRITICAL TRAITSMust 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. How we support our colleagues Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon’s discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program that includes free counseling sessions.  Eligibility for benefits is governed by the applicable plan documents and policies. In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself.  We offer a variety of working style solutions, but we also recognize that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working! Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued. Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.   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, domestic partner status, or other legally protected status.  Aon is committed to a diverse workforce and is an affirmative action employer. People with criminal histories are encouraged to apply.  We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation on **** Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Salary range or hourly pay range for the position The salary range for this position (intended for U.S. applicants) is $52,3000 - $87,100.00 annually. The actual salary will vary based on applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data.  The salary range reflected is based on a primary work location of Bloomington, MN.  The actual salary may vary for applicants in a different geographic location.   #LI-LR1   ,skills:UNAVAILABLE,workHours:UNAVAILABLE,jobBenefits:UNAVAILABLE,datePosted:2023-02-23T19:19:00 0000,employmentType:FULL_TIME,educationRequirements:UNAVAILABLE,salaryCurrency:USD,baseSalary:{@type:MonetaryAmount,currency:USD,value:{@type:QuantitativeValue,value:0,minValue:0,maxValue:0,unitText:YEAR}},validThrough:2024-02-23T19:20:34.000Z,industry:UNAVAILABLE,hiringOrganization:{@type:Organization,name:Aon Corporation,sameAs:****Tower Suite 1100n5600 W. 83rd Street,postalCode:55437,addressCountry:United States}}}

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