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Compensation Assistant

4 weeks ago

Singapore SG ALLIANCE PTE. LTD. Full time
Roles & Responsibilities

About the role

Reporting to the Head of Finance, you play a critical role in

assisting the Compensation Team on monthly and ad-hoc

payout to our financial consultants.


Responsibilities

  • Retrieve all commission statements and outstanding statements either from the service provider or the portal and update in our shared folder
  • Reconcile the revenue received and liaise with the service provider on the discrepancy and further required information
  • Prepare and perform commission run in CRM
  • Generate the commission pay-out report and prepare the pay-out transfer to Finance
  • Be responsible for the broadcast, commission schedule and maintain all compensation related documents
  • Update advisors’ trackers and prepare last payout transfer to Finance if any
  • Manage and maintain service providers’ commission trackers
  • Follow up with relevant stakeholders to assist advisors with commission related queries
  • Coordinate with respective stakeholders for BSC Clawback, conduct and monitor the clawback
  • Prepare and assist advisors with any certified income letter request
  • Assist with offboarding and reference check if any
  • Assist with debt recovery of financial consultants with outstanding balances
  • Perform administrative duties and any other ad-hoc duties as assigned


Requirements

  • Knowledge with MAS Balance Score Card Framework
  • Minimum Diploma qualification
  • Preferably 2 years of relevant working experience in
  • insurance industry
  • Competent in Microsoft Word and Excel
  • Strong verbal and written communication and interpersonal skills
  • Meticulous, responsible, organized, detail oriented and good interpersonal skills
  • Able to work independently and also a good team player
  • Able to multi-task

Tell employers what skills you have

CRM
Microsoft PowerPoint
Workforce Analytics
Accounts Payable
Able To Multitask
Microsoft Excel
Interpersonal Skills
Financial Transactions
Written Communication
Attention to Detail
Microsoft Word
Able To Work Independently