Contract & Commission Spec II

The Standard is a marketing name for StanCorp Financial Group, INC. and its subsidiaries. Insurance products are offered by Standard Insurance Company of Portland, Ore. in all states except New York, where insurance products are offered by The Standard Life Insurance Company of New York of White Planes, N.Y. Product features and availability by state and company, and are solely the responsibility of each subsidiary.

Create, analyze and evaluate producer contracting for compliance related to specific products, approve contracting applications and ensure accurate and timely processing of producer compensation. Serve as a resource on complex contracting and producer administration issues.

Serve as initial point of entry for all producer information. Make recommendations to Management for contract applications that do not meet set qualifications. Investigate complex, multi-state legislative and regulatory developments for compliance with our due diligence programs. Analyze and implement forms of compensation, payment procedures and tax reporting related to producer compensation. Provide quality review of producer compensation information for accuracy, consistency with request and compliance. Develop management reports regarding producer compensation. Work effectively with external customers and Home Office personnel through negotiation, communication and problem resolution regarding producer administration programs. Test all changes. Participate in special projects or assignments, process improvements and revision of procedures.

Education: High School diploma or equivalent required. Bachelor’s degree in Business Administration or specialized coursework and/or training in insurance or risk management preferred. Experience: 2 to 3 years related work experience with emphasis in contracts, legal, accounting, customer services, and/or insurance, or the equivalent combination of education and/or relevant experience.Knowledge of contract and commission structures for 2-3 business lines. Ability to calculate complicated commission arrangements using mathematical and analytical skills. Ability to work with MS Windows, Excel and Word. Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Equities, Inc. and StanCorp Investment Advisers, Inc., marketed as The Standard, are Affirmative Action/Equal Opportunity employers. All qualified applicants will receive consideration for employment without regard to race, religion, color, sex, national origin, gender, sexual orientation, age, disability, or veteran status or any other condition protected by federal, state or local law. The Standard offers a drug and alcohol free work environment where possession, manufacture, transfer, offer, use of or being impaired by an illegal substance while on Standard property, or in other cases which the company believes might affect operations, safety or reputation of the company is prohibited. The Standard requires a criminal background investigation, drug test, employment, education and licensing verification as a condition of employment. All employees of The Standard must be bondable.