Commission Reconciliation — Insurance Brokerages
Commission reconciliation for brokerages managing growth
Commission systems at most insurance brokerages were built for one firm, one structure, and one person who understood how it worked. Acquisition changes all three — and the errors that follow are rarely visible until they've already cost you.
The calculation logic lives in one person's memory and one spreadsheet they built. When they leave — or when you acquire a firm where that person already left — the process stops. The institutional knowledge is gone with them.
Every acquired firm arrives with its own calculation logic, its own exceptions, and its own undocumented rules. Merging them into a single reliable process requires more than copying tabs — it requires understanding what each one was actually doing.
The CRM says one thing. The AMS says another. The spreadsheet is a third interpretation. After an acquisition, you may be reconciling three or four systems that were never designed to talk to each other — manually, every month.
Overpayments don't generate calls. Split miscalculations compound across cycles. Chargebacks sit unprocessed for months. The discrepancies accumulate silently — until a reconciliation finds them, or an agent does first.
Correx Systems conducts fixed-scope commission process audits for mid-sized insurance brokerages. The engagement is document and email based, runs 30 days from receipt of materials, and produces a written report with every finding quantified in dollars.
The report names what your current process is getting wrong, what it's costing you, and what a corrected system structure looks like. It is not a software recommendation. It is a diagnosis of your specific process, based on your data and your transaction volume — written to give your CFO, your operations lead, and your leadership team a clear picture of the exposure and a defined path to correct it.
The founder brings 10+ years of accounting and financial operations experience, including direct work inside the commission processes of insurance brokerages navigating exactly this kind of structural transition.
Mid-sized insurance brokerages — 50 to 500 employees — navigating acquisition, M&A activity, or rapid organic growth that has outpaced the commission process built to support it.
Every engagement follows the same structure. No open-ended consulting, no scope creep, no recurring retainer. You know what you're getting before the engagement begins.
Complete a 12-question diagnostic that scores your commission system across all ten structural failure points. This is the starting point for every engagement — and useful on its own.
A single structured conversation to review your self-assessment results, discuss your firm's specific situation, and confirm that the audit is the right next step.
Fixed scope, fixed fee, defined deliverables. You receive the engagement letter and an invoice before any work begins. No surprises.
You provide commission records, calculation files, carrier statements, and compensation documentation. All information is handled via secure transfer and kept strictly confidential.
The audit examines all ten structural failure points against your actual data. Discrepancies are traced to root cause. Exposure is calculated. The process runs on your timeline with minimal burden on your team.
You receive a written Operational Cost Report with every finding quantified, prioritized, and accompanied by a corrected system framework. The report is delivered with a recorded video walkthrough.
A publication on the structural failures that drive commission inaccuracy at insurance brokerages — written for finance directors, operations leads, and CFOs who want to understand the problem before they decide what to do about it.
Read Commission ClarityIf you'd like to ask a question before completing the assessment or scheduling a call, reach out directly. Engagements are accepted on a limited basis and every inquiry receives a personal response.
denise@correxsystems.comHave a question before completing the assessment or scheduling a call? Send a message directly. Every inquiry receives a personal response.