National Life Group is hiring : Associate, Producer Contracting in Montpelier

Associate, Producer Contracting

Please note that we do not offer visa sponsorship for this position.

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 information.
• Works 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 transfers.
• Governs the issuance of new business and payments of commissions until agents are legally licensed and contracted.
• Evaluates and interprets state insurance regulatory requirements to ensure that all agents are in compliance.
• Evaluates agent’s prior history with any of the company’s entities to determine eligibility for rehire or transfer.
• Reviews vendor generated reports to determine if corporation is at risk by any regulatory actions against current agents.
• Continually make adjustments for changes in workflow and demand for services; find efficiencies and recommend improvements as appropriate.
• Participates in cross-training within the unit.
• Notifies field force of changes in state regulations concerning licensing for life, annuity, long term care, indexed annuities and variable products.
• Ensures 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 penalties.
• Ensure quality and time service standards are met.
• Participate in new distribution initiatives.
• Participate in process and efficiency improvement initiatives.
• Ensures MAR compliance.
• Directs web security access for agents.
• Researches errors and questions from producers; ensures timely response.

Job Requirements

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