Agent Contracting and Commissions Specialist I at Illinois Mutual Life Insurance Company

Peoria, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

26 Jan, 26

Salary

40000.0

Posted On

28 Oct, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Attention to Detail, Communication, Confidentiality, Customer Service, Critical Thinking, Fast-Paced Environment, Initiative, Organizational Skills, Problem-Solving, Teamwork, Time Management

Industry

Insurance

Description

Description Job Title: Agent Contracting and Commissions Specialist I Department: Agent Contracting & Commissions Reports To: Robert Hoff Location: Hybrid Job Type: Full Time Commitment to Core Values At Illinois Mutual, our culture is built around our four core values. These values shape how we operate and define our expectations of each team member’s contributions: Be honest, reliable and respectful Think of other first Work together to create results Stand out with personal, caring service Job Summary The Agent Contracting and Commissions Specialist I proficiently administers assigned elements of the agent contracting relationship to ensure compliance and a strong customer service experience for our distribution partners. The ACC Specialist I works under the supervision of the ACC Manager or with assistance from the Senior ACC Specialist. Primary Responsibilities Develop familiarity for minimally complex regulatory requirements of assigned states to ensure appropriate onboarding Review submitted agent onboarding documents to confirm accuracy and completeness Process agent applications in accordance with department standards Respond to agent inquiries and initiate agent correspondence regarding general administrative items and associated daily tasks Process state billings, renewals and agent of record arrangements for select states Assist with compliance monitoring by reviewing and copying licenses, reconciling Company records with state insurance departments, processing necessary agent terminations and providing appropriate release letters for select states Manage agent transitions due to death including, but not limited to, performing necessary system updates Update internal systems as necessary including, but not limited to, agent appointments, renewals, or terminations as assigned Manage E&O applications and issue coverage within department standards Provide necessary information for ACC team members to process commission payments Provide general administrative assistance to the department, as backup or in lieu of an ACC Technician, to ensure timely processing of daily agent correspondence, agent appointments and/or contracting paperwork Conduct other duties as assigned Anticipated Salary: $37,000 - $40,000 Benefit Overview: We strive for our employees to feel appreciated and supported, both professionally and personally. Our comprehensive benefit and discount package that meets a variety of needs is one way we demonstrate this. Some of our most admired benefits include: Compressed 4 1/2-day work week (Half-Day Fridays) No monthly premium cost for employee medical, life and disability coverage Paid time-off accrual, including rollover options Competitive 401(k) plan with immediate vesting on Company contributions Discounted on-site employee cafeteria On-site exercise facility and company-provided exercise time Tuition reimbursement and training incentives Access to voluntary dental and vision insurance coverage Qualifications Bachelors Degree required Strong initiative to complete tasks and provide proactive, critical thinking Ability to effectively prioritize and monitor work to achieve timely results Ability to maintain confidentiality and adhere to privacy standards Ability to learn systems processes and procedures quickly Flexible and adaptable to changes Highly motivated, organized and attentive to details Comfortable in fast-paced environment Ability to work successfully in a team environment Ability to work under pressure and remain focused Good problem-solving skills Ability to communicate, both verbally and in writing, clearly Proficient computer skills including MS Word, MS Excel, MS Outlook PowerPoint and the Internet Required Competencies (Proficiency Level) Accountability (1) Continuous Learning (1) Customer Focus (1) Integrity (1) Organizational Awareness (1) Teamwork (1) This job description is intended to provide a general overview of the position and does not include every detail of the role. Responsibilities and expectations may be subject to change based on Company needs. Illinois Mutual is an equal opportunity employer.

Responsibilities

The Agent Contracting and Commissions Specialist I administers elements of the agent contracting relationship to ensure compliance and a strong customer service experience. This role involves processing agent applications, responding to inquiries, and assisting with compliance monitoring.