Producer Contract Specialist

Producer Contracting Specialist I

This position is accountable for ensuring accurate and timely processing of contracts, amendments and appointments in compliance with state and federal licensing rules and regulations. The incumbent must provide customer service oriented contracting services to the distributors and fellow employees of National Life Group, while supporting the company's growth and expense management initiatives.

Key Responsibilities

Evaluates prospective agents qualifications to represent the company through thorough criminal and credit background review, as well as reviewing any state licensing regulatory issues; judgment is used to determine what requirements may be needed to process negative informationWorks with Recruiters, Marketing, GA's, MGA's, Office Managers and management to obtain appropriate support or release letters; notifies Legal and Marketing of issues or transfersGoverns the issuance of new business and payments of commissions until agents are legally licensed and contractedEvaluates and interprets state insurance regulatory requirements to ensure that all agents are in complianceEvaluates agent's prior history with any of the company's entities to determine eligibility for rehire or transferReviews vendor generated reports to determine if corporation is at risk by any regulatory actions against current agentsContinually make adjustments for changes in workflow and demand for services; find efficiencies and recommend improvements as appropriate Participates in cross-training within the unitNotifies field force of changes in state regulations concerning licensing for life, annuity, long term care, indexed annuities and variable productsEnsures ALC, AMS and payroll systems are correctly coded to reflect agent's licensing status, commissions to be paid and companies representing to protect company and agent from state regulatory actions and penaltiesEnsure quality and time service standards are metParticipate in new distribution initiativesParticipate in process and efficiency improvement initiativesEnsures MAR complianceDirects web security access for agentsResearches errors and questions from producers; ensures timely response.Job Requirements Qualified candidates will have 1-2 years experience in a home office or field office setting, preferably in the insurance or other regulated financial services industry; familiarity in dealing with state regulations, contracts, etc.High School Diploma, college degree preferredMust have an intermediate proficiency in Microsoft Office Suite (Word, Excel, Outlook); mainframe processing, and the ability to utilize dual monitorsLOMA courses or related life insurance experience/training preferredAbility to meet established deadlines; must be able to work independently as well as being a team playerAbility to work in a fast-paced environment; strong interpersonal skills a mustEstablish and maintain effective working relationships with those contacted in the course of workMust be able to pass a background check that may include fingerprinting
The base compensation range represents the low and high end of the range for this position. Actual compensation will vary and may be above or below the range based on various factors including but not limited to qualifications, skills, competencies, location, and experience. The range listed is just one component of our total compensation package for employees.Other rewards may include an annual bonus, quarterly bonuses, commissions, and other long-term incentive compensation, depending on the position. National Life offers a competitive total rewards package which includes: a 401(k) retirement plan match; medical, dental, and vision insurance; a company funded wellness account for director and below employees; 10 paid holidays; a generous paid time off plan (22 days of combined time-off for non-exempt employees and exempt employees have discretion in managing their time, including scheduling time off in the normal course of business, but in no event will exempt employees receive less sick time than required by state or local law); 6 weeks of paid parental leave; and 6 weeks of paid family leave after a year of full-time employment.National Life is accepting applications for this role on an ongoing basis and the role remains open until filled. National Life Group is a trade name of National Life Insurance Company, Montpelier, VT – founded in 1848, Life Insurance Company of the Southwest, Addison, TX – chartered in 1955, and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York. Equity Services, Inc., Member FINRA/SIPC, is a Broker/Dealer and Registered Investment Adviser affiliate of National Life Insurance Company. All other entities are independent of the companies of National Life Group.National Life Group1 National Life DrMontpelier, VT 05604Social Media Policy Site Disclosure and Privacy Policy

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