At Allstate, great things happen when our people work together to protect families and their belongings from life's uncertainties. And for more than 90 years, our innovative drive has kept us a step ahead of our customers' evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection.
Job Description As a Producer Commissions Consultant I, you will be responsible for managing and administering producer commissions programs within the organization. This role requires a deep understanding of commission structures, insurance products, and regulatory requirements, as well as strong analytical and communication skills to ensure accurate and timely payment of commissions to producers. The ideal candidate will have experience in insurance or financial services, with a focus on commissions processing and producer relationship management.
Key Responsibilities
- Serve as the primary point of contact for producers regarding commission inquiries, statements, and disputes. Build and maintain strong relationships with producers, providing timely and accurate information and resolving issues or concerns in a professional manner.
- Oversee the administration of producer commissions programs, including calculating, processing, and reconciling commissions payments. Ensure accuracy and timeliness in commission calculations and payments in accordance with established guidelines and agreements.
- Identify opportunities to streamline and optimize commission processes, procedures, and workflows. Implement best practices, tools, and technologies to enhance efficiency, accuracy, and transparency in commission administration.
- Maintain accurate records of commission agreements, transactions, and communications with producers. Prepare and distribute commission statements, reports, and documentation as required for internal and external stakeholders.
- Ensure compliance with regulatory requirements and industry standards governing producer commissions, including licensing, disclosure, and reporting obligations. Stay abreast of regulatory changes and updates that may impact commission programs and processes.
- Utilize commission management systems and software tools such as Excel and SQL to automate and streamline commission processes. Collaborate with IT and operations teams to maintain and enhance system functionality, troubleshoot issues, and ensure data integrity.
- Analyze commission data, trends, and performance metrics to identify opportunities for improvement and optimization. Provide insights and recommendations to management for enhancing commission programs, increasing producer productivity, and driving business results.
- Understand and interpret various commission structures, including base commissions, overrides, bonuses, and incentive programs. Work with internal stakeholders to implement and manage commission structures that align with business goals and regulatory requirements.
Qualifications
- Strong proficiency in Microsoft Excel, including advanced functions (e.g., pivot tables, VLOOKUP, formulas, and data analysis).
- Basic to intermediate knowledge of SQL for querying and managing data.
- Experience in insurance or financial services, with a focus on commissions processing and producer relationship management.
- Excellent analytical, problem-solving, and communication skills.
- Ability to work independently and collaboratively in a fast-paced environment.
- Familiarity with commission management systems and related technologies is a plus.
Skills Access Queries, Accounting, Commission Management, Database Queries
Compensation Compensation offered for this role is 47,500.00 - 70,375.00 annually and is based on experience and qualifications.
The candidate(s) offered this position will be required to submit to a background investigation.
Joining our team isn't just a job - it's an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. One where you can shape the future of protection while supporting causes that mean the most to you. Joining our team means being part of something bigger - a winning team making a meaningful impact. Allstate generally does not sponsor individuals for employment-based visas for this position.
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