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Commission Insurance Controller Jobs in Nebraska

Insurance Agent

Omaha, NE ยท On-site

$19 - $22/hr

... commission SUMMARY Responsible for providing a wide variety of support services to promote the ... controlled emotional affect in difficult situations Ability to run quotes for products Ability to ...

Insurance Sales Representative

Omaha, NE ยท On-site

$40K - $120K/yr

Independence - running and controlling your own schedule and income * Competitive compensation ... Commissions not only reflect your hard work, they also serve as a way to continue to grow your ...

... commission SUMMARY Responsible for providing a wide variety of support services to promote the ... controlled emotional affect in difficult situations Ability to run quotes for products Ability to ...

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Commission Insurance Controller information

What is the difference between Commission Insurance Controller vs Insurance Underwriter?

AspectCommission Insurance ControllerInsurance Underwriter
CredentialsTypically requires a bachelor's degree in finance, accounting, or related field; certifications like CPCU or ARM are commonUsually holds a bachelor's degree in finance, economics, or related field; professional designations like CPCU or AIC are beneficial
Work EnvironmentWorks within insurance companies managing commissions, financial reporting, and complianceWorks in underwriting departments assessing risk and determining policy terms
Employer & Industry UsageCommonly employed by insurance carriers and brokersEmployed by insurance companies, agencies, and brokers

The Commission Insurance Controller focuses on managing commissions, financial controls, and compliance within insurance firms, while Insurance Underwriters evaluate risks and set policy terms. Both roles require similar credentials and often work within the same industry environment, but their core responsibilities differ significantly.

What is the highest paid position in insurance?

In the insurance industry, executive roles such as Chief Executive Officer (CEO), Chief Underwriting Officer, and Chief Risk Officer tend to be the highest paid positions, often earning multi-million dollar compensation packages. These roles require extensive experience, leadership skills, and often advanced certifications or degrees, and they oversee company strategy, underwriting, and risk management.

Why do most insurance agents quit?

Most insurance agents quit due to high competition, challenging sales targets, and inconsistent income, especially during the initial stages of building their client base. The job often requires strong interpersonal skills, persistence, and self-motivation, which can lead to burnout if expectations are not managed. Additionally, commission-based pay structures can contribute to financial instability, prompting many to leave the profession.

What is a good commission rate for insurance?

For a Commission Insurance Controller, a typical insurance commission rate ranges from 10% to 20% of the premium, depending on the policy type and company standards. Higher commissions are often associated with complex or high-value policies, and controllers need to ensure compliance with industry regulations and company policies when managing these rates.

How do life insurance brokers get paid with 80% commission?

A Commission Insurance Controller overseeing broker payments would understand that life insurance brokers typically earn commissions based on a percentage of the policy premium, with 80% being unusually high and often applicable during the initial policy sale or for specific products. Such high commissions are usually paid upfront and may be part of a commission split or override arrangement within the agency or insurer. Brokers need to comply with industry regulations and licensing requirements when earning and reporting these commissions.
What are the most commonly searched types of Insurance Controller jobs in Nebraska? The most popular types of Insurance Controller jobs in Nebraska are:
Insurance Agent

$19 - $22/hr

Full-time

Posted 6 days ago


Job description

Alliant Insurance is hiring an Insurance Agent - Medicare for our Insuractive office!
POSITION HIGHLIGHTS
In office Monday - Friday, full-time: 37.5 hours/week
Office locations: 8420 W Dodge Rd, Omaha, NE 68114.
Schedule: Regular business hours with 1 day working: 10:30 AM - 6:00 PM
Must be available to work a minimum of 3 Saturdays during AEP (Oct 15 - Dec 7th)
Compensation is a combination of hourly rate + commission
SUMMARY
Responsible for providing a wide variety of support services to promote the company's product portfolio via the telephone and internet to support and to increase company revenue and profit.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Promote the company's product portfolio and provide service assistance to consumers;
Respond to consumer inquiries through calls both inbound and outbound as well as internet inquiries;
Deliver prepared sales scripts to educate, inform and provide solutions to potential customers. Describe solutions for individual sales situations;
Communicate with consumers regularly regarding product information, rate changes and key benefits;
Monitor compliance with program reporting rules and sales requirements;
Update and maintain proprietary Lead Advantage System in accordance with policies and procedures;
Document each and every consumer contact with detailed notes;
Work collaboratively with fellow staff to advance the values and mission of the organization and Senior Market Sales by serving on relevant internal and external committees;
Assists with special projects/assignments as requested by members of management;
Perform all duties in accordance with all company policies and procedures, and all federal, state and local laws, wherein the Company operates;
Performs other duties as assigned.
QUALIFICATIONS
EDUCATION / EXPERIENCE
High School Diploma or GED
Bachelor's Degree in marketing or related field, or equivalent combination of education and experience
Three (3) or more years general insurance industry or related field (financial services, marketing, web-based business, business-to-business customer service or call center) experience
Life/Health Insurance license (or willing to obtain in 30 days, company paid)
SKILLS
Active Life and Health Insurance license in resident state (or willing to obtain in 30 days, company paid)
Working knowledge of insurance services industries and specific current knowledge of product lines assigned to the sales associate
Knowledge of the general industry procedures, practices and terminology
Skill in working effectively with inbound and outbound callers/customers
Skill in negotiating and problem solving to resolve internal and external conflicts
Skill in the use of time management and organization skills
Proficient computer skills (Microsoft/Word, Excel, PowerPoint, Adobe Acrobat, MS Outlook software preferred)
Ability to approach and communicate with a wide range of personalities in a professional and courteous manner
Ability to be patient under frustrating circumstances and demonstrate controlled emotional affect in difficult situations
Ability to run quotes for products
Ability to maintain a high level of organization and attention to detail while remaining flexible and responsive when faced with multiple urgent requests
Ability to maintain all company policies, including all confidentiality and safety policies
Ability to work independently, exercise independent judgment, make and execute decisions
Ability to be a self-starter, motivated and accomplish goals and tasks within a given time frame
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