Producer Commissions Manager

Posted 15 Days Ago
Be an Early Applicant
Hiring Remotely in WI
Remote
79K-142K Annually
Senior level
Insurance
The Role
Lead the development and management of producer commissions programs, ensuring compliance with regulations, overseeing calculations, and mentoring a team.
Summary Generated by Built In

At Allstate, great things happen when our people work together to protect families and their belongings from life’s uncertainties. And for more than 90 years our innovative drive has kept us a step ahead of our customers’ evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection. 

Job Description

Drive success, reward performance! Lead and innovate in producer commissions as our next Producer Commissions Manager.
As a Producer Commissions Manager, you will lead the development, implementation, and management of producer commissions programs within the organization. This role requires a deep understanding of commission structures, regulatory requirements, and producer relationships, as well as strong leadership and analytical skills to ensure accurate and timely payment of commissions. The ideal candidate will have extensive experience in insurance or financial services, with a track record of successfully managing commissions processes and driving business results.

Key Responsibilities

• Ensure compliance with regulatory requirements, industry standards, and company policies governing producer commissions. Stay informed about changes and updates in regulations and guidelines that may impact commission programs and processes.

• Manage commission management systems and software tools, ensuring functionality, reliability, and data integrity. Collaborate with IT and operations teams to implement system enhancements, updates, and integrations as needed.

• Lead and mentor a team of commission administrators and analysts, providing guidance, support, and professional development opportunities. Foster a culture of collaboration, accountability, and continuous improvement within the team.

• Serve as the primary point of contact for producers regarding commission inquiries, statements, and disputes. Build and maintain strong relationships with producers, providing support, guidance, and assistance as needed.

• Establish policies, procedures, and guidelines for commission calculations, payments, and administration. Ensure adherence to industry regulations, licensing requirements, and best practices in commission management.

• Analyze commission data, trends, and performance metrics to identify opportunities for improvement and optimization. Prepare regular reports and dashboards to track commission payments, sales performance, and producer productivity.

• Oversee the accurate and timely calculation, processing, and reconciliation of producer commissions. Ensure consistency and accuracy in commission calculations and payments, resolving discrepancies and errors as necessary.

• Develop, implement, and manage producer commissions programs in alignment with business goals, sales strategies, and regulatory requirements. Define commission structures, rates, and incentives to motivate producers and drive desired behaviors.

Education

• 4 year Bachelors Degree (Preferred)

Experience

• 7 or more years of experience (Preferred)

Supervisory Responsibilities

• This job has supervisory duties.

Education & Experience (in lieu)

• In lieu of the above education requirements, an equivalent combination of education and experience may be considered.

Skills

Commission Management, Payment Handling, People Management

Compensation

Compensation offered for this role is $78,600.00 - 142,275.00 annually and is based on experience and qualifications.

The candidate(s) offered this position will be required to submit to a background investigation.

Joining our team isn’t just a job — it’s an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. And one where you can impact the future for the greater good.  

You’ll do all this in a flexible environment that embraces connection and belonging. And with the recognition of several inclusivity and diversity awards, we’ve proven that Allstate empowers everyone to lead, drive change and give back where they work and live. 

Good Hands. Greater Together.

Allstate generally does not sponsor individuals for employment-based visas for this position.

Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.

For jobs in San Francisco, please click “here” for information regarding the San Francisco Fair Chance Ordinance.
For jobs in Los Angeles, please click “here” for information regarding the Los Angeles Fair Chance Initiative for Hiring Ordinance.

To view the “EEO is the Law” poster click “here”. This poster provides information concerning the laws and procedures for filing complaints of violations of the laws with the Office of Federal Contract Compliance Programs

To view the FMLA poster, click “here”. This poster summarizing the major provisions of the Family and Medical Leave Act (FMLA) and telling employees how to file a complaint.

It is the Company’s policy to employ the best qualified individuals available for all jobs. Therefore, any discriminatory action taken on account of an employee’s ancestry, age, color, disability, genetic information, gender, gender identity, gender expression, sexual and reproductive health decision, marital status, medical condition, military or veteran status, national origin, race (include traits historically associated with race, including, but not limited to, hair texture and protective hairstyles), religion (including religious dress), sex, or sexual orientation that adversely affects an employee's terms or conditions of employment is prohibited. This policy applies to all aspects of the employment relationship, including, but not limited to, hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment.

Top Skills

Commission Management
Commission Management Systems
Payment Handling
Software Tools
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The Company
HQ: Northbrook, IL
57,671 Employees
Hybrid Workplace
Year Founded: 1931

What We Do

At Allstate, we're advocates for peace of mind and a good life. And that comes through in everything we do.

From building diverse and innovative teams that truly understand our customers' needs, to challenging each other to develop our careers in a meaningful way, and finally to the incredible results we're able to achieve together.

See how we’re creating a better future through innovation, advocacy, and empowering people and communities

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