Supervisor, Agency Commissions
Group 1001

Zionsville, Indiana

Posted in Insurance


This job has expired.

Job Info


Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001's culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets - our employees.

Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals. All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.

Job Summary:

The Supervisor, Agency Commissions position will be responsible for overseeing the management and coordination of the operations function in support of the administration of commission payments to our Partners that sell annuity policies. This position will develop, execute, and manage the operational needs for the business. The position will lead the Agency Commissions team and identify strategic operational needs; and partner with internal and external resources to execute and manage the commission administration function. This role will be closely managing the day-to-day operations of business and providing strategic guidance to get this function established.

Main Accountabilities:

  • Supervises staff responsible for reviewing commission payments. Coaches and develops staff, evaluates performance, conducts performance reviews, maintains accurate records, ensures department and company practices and procedures are followed, and assists with the hiring process. Motivates staff to continuously provide highest level of service to customers within service delivery standards for accuracy, timeliness, and productivity.
  • Investigates and implements new or changes to procedures, reorganization of work, and training of new and current staff. Recommends system modifications and enhancements and is involved in software testing and development for new or enhanced applications.
  • Identify, develop, and mentor a team of operations professionals to service agencies, agents, banks and broker dealers.
  • Implement processes and procedures to ensure the accurate and efficient administration of commissions.
  • Coordinate and partner with internal Legal and Compliance team members to ensure all applicable regulatory requirements are identified and compliant.
  • Participates in multi-department ad-hoc committees regarding system developments and administration, new product implementation and commission changes.
  • Provide day to day management and leadership for the team through effective communications, coaching, training, development, and accountability.
  • Develop and manage to standard service metrics.
  • Monitor metrics and report results to senior leaders within the organization, along with identifying operational efficiencies and changes that can be implemented.
  • Develop training materials and facilitate training to new staff members for rollout of commission updates/changes on the administration platform.
  • Assists with and provides backup for work teams depending upon volume of incoming and outstanding transactions.

Qualifications:

  • Associate or bachelor's degree preferred.
  • Minimum of 3 years supervising employees.
  • Minimum of 4 years relevant accounting and operations experience preferred; in financial services and/or insurance experience.
  • Creative thinker able to work independently in a fast-paced organization.
  • Experience leading and motivating an operation team/function, and influence others outside of direct reporting relationship.
  • Exceptional time management skills, including ability to multi-task and work with shifting priorities, meeting tight deadlines
  • Proven ability to communicate effectively.
  • Strong understanding of accounting and commission processes.
  • Strong research, analytical, problem solving, organizational, and math skills.
  • Must be detail oriented and able to make decisions independently.
  • Strong team leader and results oriented.

#LI-LG1


This job has expired.

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