Licensing & Contracting/Commissions Specialist

DMI; United States; Remote; USD 60,000 - 80,000; Full time

Job summary

DMI is seeking a full-time Licensing & Contracting/Commissions Specialist to support their Insurance Operations team. The role involves managing contracting data, processing paperwork, and addressing commission inquiries. Ideal candidates will have significant experience in insurance roles and strong communication skills. This position offers remote work options and a comprehensive benefits package.

Benefits

Health/Medical Insurance

Dental Insurance

401(k) with Company Match

Qualifications

• At least 3 years of experience in insurance contracting and/or commissions roles.
• General knowledge of financial services, especially annuities and life insurance.

Responsibilities

• Maintaining current contracting data in our CMS.
• Processing contract paperwork with life and annuity carriers.
• Calculating monthly commissions for internal sales consultants.

Skills

Organizational Skills

Time Management

Problem Solving

Communication

Customer Service

Tools

Microsoft Office Suite

Job description

Licensing & Contracting/Commissions Specialist

DMI is a national independently-owned insurance marketing organization with 30 years of financial stability and success. Since opening in 1989, our mission has been to provide exceptional marketing, sales consulting, and operations support services. We offer our agents and advisors access to highly-rated carriers, competitive products, and service excellence that directly impacts their bottom line.

Job Description

We are seeking a full-time Contracting and Commissions Specialist for our Insurance Operations team. The role involves responsibilities related to licensing, contracting, and various commissions functions. The successful candidate will collaborate with the New Business Case Management, Contracting, and Commissions teams to support our financial professionals. Candidates will be considered for remote work regardless of geographic location if their qualifications align with our needs.

Responsibilities may include, but are not limited to:

1. Maintaining current contracting data in our CMS (contract level, hierarchy, etc.)
2. Ensuring hierarchy information is accurate and current
3. Reviewing contracting and appointment paperwork for completeness and accuracy
4. Processing contract paperwork with life and annuity carriers
5. Notifying agents and recruiters of missing paperwork
6. Working directly with agents regarding contracting materials and appointment processes
7. Assisting with onboarding new agents
8. Maintaining broker dealer contracting requirements
9. Managing carrier commission schedules
10. Reconciling commission statements and collaborating with the commissions vendor
11. Addressing commission inquiries and issues from agents
12. Calculating monthly commissions for internal sales consultants
13. Ensuring all SLAs are met consistently
14. Performing various reporting tasks

Qualifications and Experience

• At least 3 years of experience in insurance contracting and/or commissions roles
• Strong organizational and planning skills in a fast-paced environment
• Excellent time management and multitasking abilities
• Proactive problem-solving skills
• Creativity in suggesting process improvements
• Exceptional interpersonal and written communication skills
• Customer service orientation for internal and external clients
• Ability to work independently and collaboratively
• Self-directed work approach
• General knowledge of financial services, especially annuities and life insurance
• Proficiency in Microsoft Office Suite (Word, Excel, Outlook, etc.)
• High attention to detail

Compensation and Benefits

Competitive salary based on experience. Full benefits package including health/medical, dental, 401(k) with company match, and other supplemental benefits are offered.

Additional Details

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job function: Legal