Associate, Producer Contracting

National Life Insurance Company•Montpelier, VT

6d•$18 - $26•Onsite

About The 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. This position currently offers an onsite work schedule, with the expectation that you are in the office four (4) days per week during onsite core days. Our current onsite core days are Monday, Tuesday, Wednesday, and Thursday. The work schedule type and core days are subject to change with advance notification and manager discretion.

Requirements

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 preferred
Intermediate proficiency in Microsoft Office Suite (Word, Excel, Outlook); mainframe processing, and the ability to utilize dual monitors
Ability to meet established deadlines; must be able to work independently as well as being a team player
Ability to work in a fast-paced environment; strong interpersonal skills a must
Establish and maintain effective working relationships with those contacted in the course of work
Must be able to pass a background check that may include fingerprinting
Leverage approved AI tools, where appropriate, to improve the efficiency, quality, and impact of their work.
Stay curious and open to new AI-enabled ways of working.
Exercise sound judgment by reviewing and validating AI-generated content.
Maintain accountability for the accuracy, quality, fairness, and integrity of work products by adhering to National Life's AI guiding principles.
Use AI responsibly and in accordance with company policies related to confidentiality, data privacy, security, compliance, retention, and intellectual property.

Nice To Haves

LOMA courses or related life insurance experience/training preferred

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.