Job Summary

Maintain all producer and distribution entity information for all relationships with the Company. Update producer contracting, state producer appointment and comp systems in accordance with Regulatory and Compliance guidelines. Continuously training, learning the business, increasing competencies within the department’s scope.

Principal Duties and Responsibilities

• Process licensing and appointments for all distribution channels.
• Process queue work related to producer contracting (adds and terminations), state producer appointments, routine compensation/payroll inquiries, etc.
• Manage systems input to reflect contract upgrades, downgrades, terminations, producer appointment additions, renewals and terminations.
• Assist with the electronic transmission of compensation data to producer groups, including electronic data feed layouts and commission reports.
• Understand and articulate state regulations related to contracts, selling agreements and state appointment guidelines.
• Understand, apply and articulate the basics of compensation in accordance with financial control procedures and continue to learn and improve individual skills.
• Maintain relationships with internal and external customers.
• Field phone calls and manage call work/research.
• Maintain the integrity of the licensing, contracting, and comp systems to ensure conformity to Company policies and compliance with outside regulatory agencies and stay within Phoenix budgetary guidelines.
• Assist with training in areas of expertise.
• Support Audits and Regulatory Examinations within areas of expertise.
• Must maintain appropriate attendance.
• Perform other duties as assigned

Knowledge, Skills and Abilities

• Demonstrates knowledge of the host systems and Microsoft applications
• Effective problem-solving skills to research issues using appropriate references and resources
• Skill and ability to grasp and learn new concepts and technologies
• Skill in working in a self-directed environment while adhering to team and department standards
• Knowledge of state regulations and company standards relating to licensing
• Demonstrates knowledge of the compensation systems
• Skill in written and oral communication for interpreting client requests and giving and receiving feedback
• Knowledge of state regulations and Company standards relating to licensing, contracting, and compensation of producers
• Assists in handling special projects as needed
• Shows knowledge in researching/troubleshooting complex items
• Communicates opinions, makes observations, draws conclusions and communicates ideas effectively within the department

Compensation

Nassau maintains a holistic compensation philosophy focused on competitive base salaries, performance driven incentives, and unique professional development opportunities. The combination of compensation, benefits, and an entrepreneurial culture along with related experiences is key to recruiting and retaining talent. Our compensation system is designed to reward performance, support development and job growth, and compensate individuals relative to their contribution to our organization. The base pay for this role is: $19/hr

Visit our Careers page and apply online at http://www.nfg.com/.

Based in Hartford, CT, Nassau Financial Group is a growth focused and digitally enabled financial services company with three distinct and closely connected businesses: insurance, reinsurance, and asset management. Nassau was founded in 2015 and has grown to $1.5 billion in total adjusted capital and $23.3 billion in assets under management.

As part of a young and growing financial services enterprise, our employees are tapping into a new entrepreneurial spirit while they build on a long track record of putting customers first, understanding the evolving income and protection needs, and developing quality products to meet those needs.

Nassau provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.