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The Vena Agency Sales Representative in des plaines, Illinois

This job was posted by https://illinoisjoblink.illinois.gov : For more information, please see: https://illinoisjoblink.illinois.gov/jobs/11502408

SUCCEED

As an independent contractor at American

Income Life Insurance Company (AIL), go as

far as your desire, discipline, determination,

and commitment will take you. Lucrative

compensation, bonuses, and travel incentives

plus residual income from lifetime vested

renewals provide an opportunity to achieve an

income you might not have thought possible.

Year 1 Year 2 Year 3 Year 47 Year 810 Year 1115

Total Compensation \$63,839 \$71,986 \$92,587 \$124,004 \$241,838 \$407,202

Total First

Year Commission*

\$46,800 \$49,041 \$60,067 \$75,185 \$141,199 \$237,359

World\'s Greatest Bonus* \$17,039 \$18,145 \$22,225 \$27,819 \$52,244 \$87,823

Renewal Commission** \$ \$4,800 \$10,296 \$21,000 \$48,396 \$82,020

Total compensation reflects actual averages for all contracted agents of AIL/NILICO.

Income from revenue streams may vary based on contract.

Based on internal company records. For illustrative purposes only. Compensation is performance-based.

Agent Career Path

\$2,400 ALP (3 Average Sales)

x 60% 1st Year Commission Rate

\$1,440 Annualized Commission

x 65% Advance Rate

\$936 Advance on Friday

+ \$330 Weekly Average Bonus*

\$1,266 Total per Week

\$66.67 Total Life Premium per Month

x 12 Months

\$800 ALP

MTD Net ALP Bonus

Percentage

\$2,000 \$3,999.99 10%

\$4,000 \$9,999.99 20%

\$10,000 \$19,999.99 22%

\$20,000 \$29,999.99 24%

\$30,000+ 30%

Monthly Bonus Paid Weekly

Weekly Production

Annual Life Premium (ALP) Calculation

ADDITIONAL REVENUE STREAMS

Legacy Bonus**

SA/GA Training Bonus*

Leadership Bonus*

Reinstatement Bonus**

* Paid Weekly

** Paid Monthly

* Weekly average bonus is based on the producer writing \$2,400 ALP per week for 4 weeks.

PAY EXAMPLE

SUCCEED

As an independent contractor at American

Income Life Insurance Company (AIL), go as

far as your desire, discipline, determination,

and commitment will take you. Lucrative

compensation, bonuses, and travel incentives

plus residual income from lifetime vested

renewals provide an opportunity to achieve an

income you might not have thought possible.

LEAD

* Paid Weekly

** Paid Monthly

Total compensation reflects actual averages for all MGAs, RGAs, and SGAs of AIL/NILICO.

Income from revenue streams may vary based on contract.

Leadership bonus amounts include Leadership Bonus, Growth Bonus and Legacy Bonus.

Based on internal company records. For illustrative purposes only. Compensation is performance-based.

INDIVIDUAL PRODUCER

SUPERVISING AGENT 36 MONTHS

GENERAL AGENT 612 MONTHS

MASTER GENERAL AGENT 1218 MONTHS

REGIONAL GENERAL AGENT 1836 MONTHS

STATE GENERAL AGENT SELECTED BY COMPANY TOP LEADERSHIP

AIL has built a reputation within our industry for having

a culture of leadership development. We seek individuals

who have a growth mindset and aspire to lead others.

From there we immerse you in an environment of continuous

development that brings with it the possibility of increased

earnings potential. Promotions are merit-based from within,

and there are abundant opportunities for advancement.

Year 1 Year 2 Year 3 Year 4-7 Year 8-10 Year 1115

Total Compensation \$91,504 \$109,524 \$157,426 \$209,899 \$388,331 \$653,548

Total First

Year Commission*

\$46,800 \$49,041 \$72,198 \$74,523 \$154,306 \$273,665

Leadership Bonuses* \$27,665 \$32,042 \$50,619 \$76,773 \$144,349 \$243,730

World\'s Greatest Bonus* \$17,039 \$18,145 \$13,609 \$10,207 \$7,655 \$5,741

Renewal Commission** \$ \$10,296 \$21,000 \$48,396 \$82,020 \$130,412

Senior Management Career Path

RENEWAL C OMPENSATION

EARN MONEY TOWARD HEALTH INSURANCE*

Our compensation program offers qualifying agents the opportunity to earn additional commissions

to use toward health insurance coverage of their choice. Agents with no dependents can receive

\$2,900 \$7,200 annually and agents with dependents can receive \$5,800 \$12,300 annually.

BUILD FOR

YOUR FUTURE

Your sales add up and over time, and can create a revenue stream of

thousands of dollars each month before other new sales ever occur. You are

fully vested in

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