Producer Commissions Consultant II

Allstate Insurance Company; United States; Remote; USD 45,000 - 72,000; Full time

Job summary

Join a leading insurance company as a Producer Commissions Consultant II. You'll manage commissions programs, ensuring accurate compensation for producers while optimizing processes. Ideal for candidates with a background in insurance or financial services, this role offers a chance to make a significant impact.

Qualifications

• 2 or more years of experience in insurance or financial services preferred.

Responsibilities

• Manage and administer producer commissions programs.
• Serve as primary contact for commission inquiries and disputes.
• Oversee administration of commissions, ensuring accuracy.

Skills

Problem resolution

Project testing

Quality validation

System testing

Workflow administration

Education

4-year Bachelor's Degree

Job description

At Allstate, great things happen when our people work together to protect families and their belongings from life’s uncertainties. For more than 90 years, our innovative drive has kept us ahead of our customers’ evolving needs, from advocating for seat belts and air bags to leading in pricing sophistication, telematics, and device and identity protection.

Job Description

Are you passionate about precision and adept at navigating complex financial structures?

Join our team as a Producer Commissions Consultant II, where you'll manage and administer our producer commissions programs. Your expertise will ensure accurate and timely compensation for our producers, aligning with organizational goals and regulatory standards. The ideal candidate will have experience in insurance or financial services, focusing on commissions processing and producer relationship management.

Key Responsibilities

1. Serve as the primary contact for producers regarding commission inquiries, statements, and disputes. Build and maintain strong relationships, providing timely and accurate information, and resolving issues professionally.
2. Oversee the administration of producer commissions, including calculating, processing, and reconciling payments. Ensure accuracy and timeliness in accordance with guidelines and agreements.
3. Identify opportunities to streamline and optimize commission processes, implementing best practices, tools, and technologies to enhance efficiency and transparency.
4. Maintain accurate records of agreements, transactions, and communications. Prepare and distribute reports and documentation for stakeholders.
5. Ensure compliance with regulatory requirements and industry standards, staying updated on changes affecting commission programs.
6. Utilize management systems and software to automate processes, collaborating with IT and operations to maintain system functionality and data integrity.
7. Analyze data and performance metrics to identify improvements, providing insights and recommendations to management.
8. Understand various commission structures and work with stakeholders to implement structures aligned with business goals and regulations.

Education

- 4-year Bachelor's Degree (Preferred)

Experience

- 2 or more years of experience (Preferred)

Supervisory Responsibilities

- This role does not have supervisory duties.

Education & Experience (in lieu)

- Equivalent combination of education and experience may be considered.

Skills

Problem resolution, project testing, quality validation, system testing, workflow administration

Compensation

Annual salary ranges from $45,000 to $71,100, based on experience and qualifications.

The selected candidate will be required to undergo a background check.

Additional Information

Joining our team offers an opportunity to challenge yourself, develop your skills, and impact the future positively. We embrace connection and belonging, with recognition for our diversity and inclusivity efforts.

Good Hands. Greater Together.

Note: Allstate generally does not sponsor employment-based visas for this position.

For jobs in specific locations, please review local ordinances and policies linked in the original description.

Our employment policy prohibits discrimination based on numerous protected characteristics, ensuring equal opportunity for all applicants and employees.