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Broker Compensation Representative Jobs in Virginia

JLL

Associate, Brokerage

Richmond, VA

Compensation Range: This role is draw and commission eligible Location: Multiple About This ... representatives. Key Responsibilities: * Attend JLL University ("JLLU"), a 10-week training ...

JLL

Associate, Brokerage

Mclean, VA · On-site

Compensation Range: This role is draw and commission eligible Location: Multiple About This ... representatives. Key Responsibilities: * Attend JLL University ("JLLU"), a 10-week training ...

Osaic

Sr Advisor Compensation Processor

Petersburg, VA · Hybrid

Set up and maintain representative direct deposit information. * Research and resolve commission ... Preferred Requirements: * 1+ years' experience in financial services operations or broker-dealer ...

Luminous Financial LLC

Sales Representative

Richmond, VA · On-site

WHO WE ARE We are an independent broker of Living Benefits Life Insurance. We represent some of the ... The absolute best compensation in the industry - you literally determine your own income and income ...

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Broker Compensation Representative information

What is a broker compensation representative?

A Broker Compensation Representative is a professional who manages and processes compensation payments and commissions for brokers and agents working with an organization, often in insurance or financial services. They ensure accurate and timely payment of commissions, resolve discrepancies, and maintain records related to broker compensation. This role involves a combination of customer service, financial reconciliation, and administrative tasks. Broker Compensation Representatives also communicate with brokers to answer questions and provide support regarding commission structures and payments.

What are the key skills and qualifications needed to thrive as a broker compensation representative?

To thrive as a Broker Compensation Representative, you need strong analytical abilities, attention to detail, and a solid understanding of financial or insurance industry practices, often supported by a relevant degree or experience. Familiarity with compensation management systems, Excel, and CRM platforms is typically required, and certifications in finance or insurance can be an asset. Excellent communication, problem-solving skills, and customer service orientation help you effectively address broker inquiries and resolve discrepancies. These skills are vital for ensuring accurate compensation processing, maintaining broker satisfaction, and supporting organizational compliance.

How does a broker compensation representative typically collaborate with other departments within an insurance company?

Broker Compensation Representatives frequently work with multiple departments, including sales, finance, and compliance, to ensure that broker commissions are calculated and disbursed accurately. They often coordinate with the sales team to confirm eligibility and resolve discrepancies, and work closely with finance to process payments on time. Strong communication and organizational skills are essential, as the role requires managing inquiries from both internal teams and external brokers. This collaborative environment not only helps maintain smooth operations but also provides valuable cross-functional experience for career growth.

What is the difference between Broker Compensation Representative vs Insurance Agent?

AspectBroker Compensation RepresentativeInsurance Agent
CredentialsLicenses in insurance and broker-specific certificationsInsurance license, state-specific certifications
Work EnvironmentCorporate offices, client meetings, brokeragesAgency offices, client consultations, independent or captive agencies
Employer & IndustryInsurance brokerages, financial servicesInsurance companies, agencies, independent brokers

While both roles involve insurance products, a Broker Compensation Representative primarily focuses on managing broker commissions and compensation structures within insurance brokerages. An Insurance Agent directly sells insurance policies to clients. The key difference lies in their core responsibilities: compensation management versus client sales.

What are popular job titles related to Broker Compensation Representative jobs in Virginia?

For Broker Compensation Representative jobs in Virginia, the most frequently searched job titles are:

What job categories do people searching Broker Compensation Representative jobs in Virginia look for?

The top searched job categories for Broker Compensation Representative jobs in Virginia are:

What cities in Virginia are hiring for Broker Compensation Representative jobs?

Cities in Virginia with the most Broker Compensation Representative job openings:

Broker Compensation Representative jobs near you

Associate, Brokerage

JLL

Richmond, VA

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 11 days ago

JLL rating

8.3

Company rating: 8.3 out of 10

Based on 288 frontline employees who took The Breakroom Quiz

47th of 205 rated real estate companies

Job description

JLL empowers you to shape a brighter way.

Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented peopleand empowering them tothrive, grow meaningful careers and to find a place where they belong. Whether you've got deep experience in commercial real estate, skilled trades or technology, or you're looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward.

Compensation Range:This role is draw and commission eligible

Location:Multiple

About This Opportunity

We are proactively seeking high-caliber professionals interested in launching or advancing their commercial real estate brokerage careers with JLL. While we may not have an immediate opening in your specific market, we encourage qualified candidates to apply so we can connect when opportunities arise that match your skills and career goals.

What This Job Involves

This position requires a desire for success, strong workethic, aspirations for career development in commercial real estate, and the aptitude to handle complex transactions. This is a team-based role, which will require interaction with owners, C-Suite executives, and high-level corporate real estate decision makers.

This position will report to Senior TeamLeadersand the individual will be involved in all aspects of the evaluation, negotiation, and strategy development. A successful candidate must be articulate, detailoriented, and can directlyinterface withkey client representatives.

Key Responsibilities:

  • Attend JLL University ("JLLU"), a 10-week training, development, and networking program specifically for our new Associate Brokers

  • Support seniorbrokers ininitiating business development activities and take initiative to outreach to new leads (cold calls, warm calls, emails, etc.)

  • Work with senior brokers on new business proposals, prepareavailable propertysummary books, and create new business presentations

  • Collaborate with senior brokers to develop materials for clients (e.g., lease comparisons, market overviews,prospector client presentations)

  • Shadow senior brokers in transaction negotiation, evaluation, and documentation

  • Provide clients with industry and market-specific information as it relates to their business andmaintaincontact information on prospects

  • Contribute todesignatedlocal market research requests: market snapshots, market overviews, quarterly market decks, and topic-specific research to support pitches and brokerage opportunities

  • Review and understand financial models, cash flow projections, and valuation models

Interested?

An ideal candidate would need to have the following qualifications:

Required:

  • A minimum of 0-4+ years of commercial real estate or business-to-business sales experience

  • Demonstrable success in business development and sales production

  • Ability to analyze qualitative and quantitative information and translate into strategic deliverables

Preferred:

  • State Real Estate License (musthavewithin90 daysof hire)

  • Previousexperience in corporate real estate, consulting, or finance; understanding of real estate fundamentals is a plus

  • Bachelor's degree in Business, Finance, Real Estate, or related field

If this job description resonates with you, we encourage you to apply even if you do not meet all the requirements. We are interested in getting to know you and what you bring to the table!

About JLL

We'reJLL-a leading professional services and investment management firm specializing in real estate. We have operations in over 80 countries and a workforce of over102,000 individualsaround the world who help real estate owners, occupiers, and investors achieve their business ambitions. As a global Fortune 500 company, we also have an inherent responsibility to drive sustainability and corporate social responsibility.That'swhywe'recommitted to our purpose to shape the future of real estate for a better world.We'reusing the most advanced technology to create rewarding opportunities, amazing spaces, and sustainable real estate solutions for our clients, our people, and our communities.

Our core values of teamwork, ethics, and excellence are also fundamental to everything we do, andwe'rehonored to be recognized with awards for our success by organizations both globally and locally. Creating a diverse and inclusive culture where we all feel welcomed, valued, and empowered to achieve our full potential is important to who we are today and wherewe'reheaded in the future. And we know that unique backgrounds, experiences, and perspectives help us think bigger, spark innovation, and succeed together.

This position does not provide visa sponsorship. Candidates must be authorized to work in the United States without sponsorship.

Estimated compensation for this position:

- per year

This range is an estimate and actual compensation may differ. Final compensation packages are determined by various considerations including but not limited to candidate qualifications, location, market conditions, and internal considerations.

Location:

On-site -Atlanta, GA, Atlanta, GA, Austin, TX, Baltimore, MD, Bethesda, MD, Boston, MA, Charleston, SC, Charlotte, NC, Chicago, IL, Dallas, TX, Denver, CO, East Rutherford, NJ, Fort Lauderdale, FL, Houston, TX, Iselin, NJ, Jacksonville, FL, Los Angeles, CA, McLean, VA, Memphis, TN, Miami, FL, Nashville, TN, New York, NY, Orlando, FL, Philadelphia, PA, Raleigh, NC {+ 4 more}

If this job description resonates with you, we encourage you to apply, even if you don't meet all the requirements. We're interested in getting to know you and what you bring to the table!


Personalized benefits that support personal well-being and growth:

JLL recognizes the impact that the workplace can have on your wellness, so we offer a supportive culture and comprehensive benefits package that prioritizes mental, physical and emotional health. Some of these benefits may include:

  • 401(k) plan with matching company contributions

  • Comprehensive Medical, Dental & Vision Care

  • Paid parental leave at 100% of salary

  • Paid Time Off and Company Holidays

  • Early access to earned wages through Daily Pay

At JLL, we harness the power of artificial intelligence (AI) to efficiently accelerate meaningful connections between candidates and opportunities. Using AI capabilities, we analyze your application for relevant skills, experiences, and qualifications to generate valuable insights about how your unique profile aligns with the specific requirements of the role you'repursuing.

JLL Privacy Notice

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously. Generally the personal information we collect from you are for the purposes of processing in connection with JLL's recruitment process. We endeavour to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely.

For more information about how JLL processes your personal data, please view our Candidate Privacy Statement.

For additional details please see our career site pages for each country.

For candidates in the United States, please see a full copy of our Equal Employment Opportunity policy here.

Jones Lang LaSalle ("JLL") is an Equal Opportunity Employer and is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process - including the online application and/or overall selection process - you may email us at HRSCLeaves@jll.com. This email is only to request an accommodation. Please direct any other general recruiting inquiries to our Contact Us page > I want to work for JLL.

Pursuant to the Arizona Civil Rights Act, criminal convictions are not an absolute bar to employment.

Pursuant to Illinois Law, applicants are not obligated to disclose sealed or expunged records of conviction or arrest.

Pursuant to Columbia, SC ordinance, this position is subject to a background check for any convictions directly related to its duties and responsibilities. Only job-related convictions will be considered and will not automatically disqualify the candidate.

California Residents only

If you are a California resident as defined in the California Consumer Privacy Act (CCPA) please view ourSupplemental Privacy Statement which describes your rights and disclosures about your personal information.If you are viewing this on a mobile device you may want to view the CCPA version on a larger device.

Pursuant to the Los Angeles Fair Chance Initiative for Hiring Ordinance, JLL will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.

Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

Accepting applications on an ongoing basis until candidate identified.

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