Compensation / Commission Specialist
This is an on-site position based out of our Lombard, IL office.Mutual of Omaha is a Fortune 300 Company. Mutual of Omaha Mortgage is inspired by hometown values and a commitment to being responsible and caring for each other. We exist for the benefit of our customers and employees.
Mutual of Omaha Mortgage is a full-service lending company offering both Forward and Reverse Mortgage products including a complete line of residential mortgage, refinancing, specialty, and HECM loans. We employ a knowledgeable staff of experienced Loan Officers with an operations team that is second to none. If you are interested in joining a team that promotes from within and works together toward a common goal of helping customers with their mortgage needs, please review and apply for our opening below!
The Work:
We are seeking individuals who are detail oriented and willing to join a fast pace, time sensitive and constantly changing environment.
As a Compensation / Commission Specialist, you will be a fundamental member of our Payroll and Finance Teams. In this role you will ensure among other things, timely completion of all commission statements through our automated system.
Duties Include:
- Create, and review commission statements for Sales Team using automated system.
- Process, calculate and review draw balances for Sales Teams.
- Enter new hire compensation plans into commission system.
- Make changes within commission system as Sales Staff plans change.
- Deliver excellent customer service to sales staff and management by addressing questions professionally and promptly
- Collaborate with various different departments including Finance, Payroll and Human Resources to provide necessary reporting.
- Work on special projects such as process improvements, data analysis/compilation, presentations, report building, etc.
- Assist in internal and external audit request to ensure compliance.
- Other Payroll/Finance Duties as needed.
Why Choose Mutual:
- Work/Life Balance / Great Benefits – We understand you have a life outside of work and support a healthy work/life balance with flexible schedules and robust benefits including Medical, Dental, Life Insurance, Employee Mortgage Loan Discounts and 401K with match
- Love What You Do – Play an integral role in helping clients with their financial solutions.
- Awesome Culture –Whether it's participating in a variety of volunteer opportunities, enjoying company outings, or working on a team that works hard but has fun doing it, Mutual of Omaha Mortgage's family-like culture is second to none!
- Growth and Advancement –Your hard works creates your future advancement opportunities, advancement opportunities include roles with significant bonus potential.
- Coaching and Continued Training– We understand you may not have Mortgage experience. We provide extensive coaching so you can thrive easily without the "sink or swim" fear.
The Person:
- BA or BS degree - Preferably in Business Administration, Finance, Economics, Statistics Etc.
- 4+ Years experience in an accounting or payroll function, commissions or sales environment preferred
- Previous Mortgage Experience a plus
- Knowledge of Sales Incentive Systems a plus.
- Detailed-oriented with excellent analytical skills and ability to identify/resolve problems
- Strong teamwork skills and ability to meet deadlines in a fast-paced environment
- Excellent written and verbal communication skills
- Strong quantitative skills
- Proficient in Excel
- Impeccable attention to detail and solid customer service instincts
We are highly respected in our industry and growing our office with long term employees who are striving for a career.
The salary range for this position is $50,000-$75,000 annually.
Mutual of Omaha Mortgage is an Equal Opportunity Employer, and we encourage diverse, talented, qualified applicants to apply. We offer an extensive compensation package. Benefits include:
- Vacation — Vacation hours accrue on a per pay period basis. Balance maximums are based on years of service.
- Paid Sick Time — 40 hours of paid sick time after 90 days of employment. State sick time requirements will be added as needed.
- 9 Paid Holidays + 1 Cultural Celebration Day (Floating Holiday)
- Multiple PPO Medical Plans, as well as HDHP eligible plan.
- Dental Coverage
- Vision Coverage
- Company Paid Life Insurance
- 401K with a generous employer match
- Additional Benefits including – Optional Life, FSA, Pet Insurance etc.
- Free Legal Services
- Employee Loan Program
Skills Required
- Bachelor’s degree, preferably in Business Administration, Finance, Economics, or Statistics
- 4+ years of experience in accounting or payroll, commissions, or a sales environment
- Previous mortgage experience
- Knowledge of sales incentive systems
- Strong attention to detail and analytical problem-solving skills
- Strong teamwork skills and ability to meet deadlines in a fast-paced environment
- Excellent written and verbal communication skills
- Strong quantitative skills
- Proficiency in Excel
- Excellent attention to detail and customer service instincts
Mutual of Omaha Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Mutual of Omaha and has not been reviewed or approved by Mutual of Omaha.
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Retirement Support — Retirement support is positioned as a standout, with a dollar-for-dollar 401(k) match up to 6% plus an additional employer retirement contribution. Immediate vesting on the match strengthens the perceived reliability of this component of total rewards.
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Flexible Benefits — Flexible work arrangements are framed as a meaningful part of the total rewards proposition, with work-from-home flexibility and company-provided equipment commonly highlighted. This flexibility can increase the perceived value of compensation even when base pay is not described as top-of-market.
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Fair & Transparent Compensation — Compensation is characterized as generally competitive rather than exceptional, with stronger alignment in certain corporate tracks such as engineering, data, and actuarial roles. Role-by-role benchmarking is repeatedly emphasized, indicating pay outcomes are viewed as dependent on job family, level, and location.
Mutual of Omaha Insights
What We Do
Founded in 1909, Mutual of Omaha is a highly-rated, Fortune 300 organization offering a variety of insurance and financial products for individuals, businesses and groups throughout the United States. As a mutual company, Mutual of Omaha is owned by its policyholders and committed to providing outstanding service to its customers. For more information about Mutual of Omaha, visit www.mutualofomaha.com. Mission: Our mission we help our customers protect what they care about and achieve their financial goals. Vision: For every customer a financial future imagined, planned, and secured. Values: 1. We exist for our customers 2. We act with integrity 3. We are innovative 4. We are accountable for results 5. Together we achieve greatness. Registered Representatives offer securities through Mutual of Omaha Investor Services, Inc., FINRA (www.finra.org)/ SIPC (www.sipc.org). Investment Advisor Representatives offer advisory services through Mutual of Omaha Investor Services, Inc. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business. Home Office Address: 3300 Mutual of Omaha Plaza, Omaha, NE 68175. The third-party comments displayed are not verified, may not be accurate and are not necessarily representative of our client experiences. Any links to third-party websites and resources are provided solely as a convenience to you and not as an endorsement of the content. We make no representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party. Insurance products and services are offered by Mutual of Omaha Insurance Company or one of its affiliates. Mutual of Omaha Insurance Company is licensed nationwide. Each underwriting company is responsible for its own contractual and financial obligations.
