Contract & Commission Spec II
About the Job
If you want to make a positive difference and stand out from the crowd, you’ll fit in at The Standard (www.standard.com). Through our retirement plans and insurance products and services, we help people achieve financial well-being and peace of mind. Come join us and share our passion for serving our customers in a positively different way.
The Contract & Commission Specialist II creates, analyzes and evaluates producer contracting for compliance related to specific products, approves contracting applications and ensures accurate and timely processing of producer compensation. The Specialist serves as a resource on complex contracting and producer administration issues.
Management for contract applications that do not meet set qualifications. Investigate complex, multi-state legislative and regulatory developments for compliance with our due diligence programs.
Analyze and implement forms of compensation, payment procedures and tax reporting related to producer compensation. Provide quality review of producer compensation information for accuracy, consistency with request and compliance. Develop management reports regarding producer compensation.
Work effectively with external customers and Home Office personnel through negotiation, communication and problem resolution regarding producer administration programs.
Test all changes. Participate in special projects or assignments, process improvements and revision of procedures.
Education: High School Diploma or equivalent required. Bachelor’s Degree in Business Administration or specialized coursework and/or training in insurance or risk management preferred.
Experience: 2 to 3 years related work experience with emphasis in contracts, legal, accounting, customer services, and/or insurance, or the equivalent combination of education and/or relevant experience.Knowledge of contract and commission structures for 2-3 business lines. Ability to calculate complicated commission arrangements using mathematical and analytical skills. Ability to work with MS Windows, Excel and Word.
Professional certification required: None
Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Equities, Inc., StanCorp Investment Advisers, Inc. and StanCorp Mortgage Investors, LLC, marketed as The Standard, are Affirmative Action/Equal Opportunity employers. All qualified applicants will receive consideration for employment without regard to race, religion, color, sex, national origin, gender, sexual orientation, age or any other condition protected by federal, state or local law. The Standard offers a drug and alcohol free work environment where possession, manufacture, transfer, offer, use of or being impaired by an illegal substance while on Standard property, or in other cases which the company believes might affect operations, safety or reputation of the company is prohibited. The Standard requires a criminal background investigation, drug test, employment, education and licensing verification as a condition of employment. All employees of The Standard must be bondable.
For more information regarding your Equal Employment Opportunity applicant rights, click here.
Individuals with disabilities who need assistance or accommodation with the application process should contact HR Direct at 971-321-7871. This number is only for the use of individuals with disabilities who need accommodation with the application process. General inquiries about application status will not be addressed.