Commissions Coordinator

American Life Financial Partners, LLC.•Lincoln, NE

2d•$0 - $24•Onsite

About The Position

As a Coordinator, you will play a crucial role in supporting the commission payment processes for agents who sell annuities. Your responsibilities will include ensuring the initial accuracy and timeliness of commission payments, assisting agents in resolving issues, and participating in the development and implementation of new processes. This entry-level position is ideal for individuals with a keen eye for detail and a desire to grow within the financial services industry.

Requirements

Basic knowledge of annuity products and commission structures.
Good analytical skills and attention to detail.
Strong communication skills, both written and verbal.
Ability to work independently and as part of a team.
Proficiency in Microsoft Office Suite.
Basic understanding of regulatory requirements related to commission payments.
High school diploma required
1 year of experience in a similar role or financial services industry.
Must be eligible to work in the United States.

Nice To Haves

Associate degree in a related field, preferred.
Exposure to commission management software preferred.

Responsibilities

Assist in processing the commission payments to agents and their uplines.
Ensure initial accuracy and timeliness of commission payments.
Support agents in resolving commission-related issues.
Collect and organize data to identify trends and discrepancies in commission payments.
Coordinate with internal teams and external vendors to assist in resolving commission-related issues via phone and email.
Help develop and maintain relationships with agents to enhance their satisfaction with commission payments.
Participate in the development and implementation of new commission processes and policies.
Analyze debit balances and work closely with agents/agencies to collect.
Process and update ACH info in FAST.
Assist in providing regular reports on commission payments and trends to management.
Reconcile accounts, payments, and review reporting on a regular basis.