Contracting & Commission Administrator
1 week ago
Job Summary
OM Financial Inc. is looking for a dedicated and experienced Contracting & Commission Administrator to join our team. The ideal candidate will be responsible for ensuring that our advisors are properly contracted with the insurance companies. The Contracting & Commission Administrator will also ensure that the insurance advisors are licensed and will be required to resolve any licensing and contracting issues. The administrator will ensure that all commissions are paid correctly to advisors. Ideally, we are looking for someone with 2-3 years of contracting experience in the life insurance industry. It is preferred if the candidate has an LLQP license. If you have experience with Apexa Software, that is a plus.
Duties:
Initiate, Organize and Complete contracts and related documentation.- Review and analyze contract terms and conditions- Ensure compliance with contract requirements and deadlines
Processing Advisor Commissions for Insurance and investments.
Must ensure that management and brokers receive their compensation statements from various insurance companies.
Submitting invoices, sending out agent T4A , managing debit balance report.
Handling compensation related issues.
Other administrative duties as required by management.
Coordinate with internal departments to gather necessary information for contract administration- Ensure advisors are licensed.- Other administrative duties as assigned by management.
Job Types: Full-time, Permanent
Pay: $38,000.00-$55,000.00 per year
Work Location: In person
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