Full-Time
Insurance Commissions Processor
Confirmed live in the last 24 hours
Foundation Risk Partners
201-500 employees
Insurance brokerage and consulting services
Entry, Junior
Destin, FL, USA
- Ability to read and interpret documents such as commission statements and other insurance related documents.
- Effective communicator (written and verbal)
- Strong organizational skills
- Ability to develop strong relationships, both with carriers and with the FRP Team
- Strong detail orientation and follow up skills
- Strong technical documentation skills
- Ability to adhere to process requirements
- Proficient in MS Word, MS Excel
- Working knowledge of Applied Epic, ASM360 and Salesforce or other agency management platforms a plus
- Insurance industry experience preferred
- Process Direct Bill (DB) commissions through the Applied Epic and Comulate systems.
- Ability to locate and download carrier statements
- Record cash receipts
- Process commissions through ERP and third party systems.
- Coordinate with the DB team lead and operations management for triage of open items during the commission processing process.
- Responsible for transacting approximately 10,000 transactions per month, once fully training within 3 to 5 months.
- Knowledge of appropriate workflows throughout the DB process to ensure proper financial statement presentation.
Foundation Risk Partners operates as an insurance brokerage and consulting firm, focusing on providing tailored insurance solutions and expert advice to clients across the United States. The company grows by acquiring other firms and expanding its services organically, ensuring a diverse mix of industry knowledge and specialized offerings. Their approach combines expertise in various sectors with a commitment to understanding client needs, which helps them deliver effective insurance solutions. Unlike many competitors, Foundation Risk Partners emphasizes a strong cultural fit and shared values with their partners, aiming to foster long-term relationships. The primary goal of the company is to achieve new levels of success for their partners while ensuring high-quality results for their clients.
Company Stage
N/A
Total Funding
$2M
Headquarters
Daytona Beach, Florida
Founded
2017
6 month growth
↑ 11%1 year growth
↑ 13%2 year growth
↑ 30%
Simplify's Take
What believers are saying
- The acquisition by Partners Group could provide significant financial backing and resources for further expansion.
- New executive leadership may bring fresh perspectives and innovative strategies to the company.
- Expansion into new offices, such as in Baldwin, New York, indicates ongoing growth and opportunities for employees.
What critics are saying
- Rapid expansion through acquisitions may lead to integration challenges and cultural misalignment.
- Changes in executive leadership can create uncertainty and potential strategic shifts that may not align with all employees.
What makes Foundation Risk Partners unique
- Foundation Risk Partners focuses on a strategic mix of industry expertise, specialized services, and cultural fit, setting it apart from more generalized insurance brokers.
- Their rapid growth through both acquisitions and organic means demonstrates a robust and adaptable business model.
- The company's commitment to superior client results and partner success drives a high level of service and client satisfaction.