Job Information
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