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Senior Executive, Distribution Compensation
1 month ago
You will be part of our compensation team within our Distribution Middle Office (DMO), which supports multi business lines & multi distribution channels within the organization. You will be handling agency compensation tabulation work under tight timelines.
Key responsibilities include:
- Monitor, validate and process all financing schemes, contest & compensation payments to representatives & supervisors under all distribution channels
- Handle monthly account closing related to sales measurement & ensure that all results & payments are timely and accurately completed
- Provide progress reports on all financing schemes, contest & compensation payments to help representatives & supervisors monitor their progress towards achieving of results
- Support implementation of initiatives to be rolled out by all distribution channels
- Handle e-submission of annual earnings of tied agents to IRAS & adhoc income statement request
- Participate in system testing of new product launches & distribution channels' new initiatives to ensure that compensation computation are correctly implemented
- Support the rolling out of regulatory changes in areas which impact distribution compensation
Qualifications:
- At least 3 years of experience in the insurance industry in distribution compensation
- Degree or Diploma in any discipline. Candidates lacking certificates but have relevant experience are welcome to apply.
- Experience in system UAT is preferred
- Able to generate reports using Excel Pivot Tables, familiar with MS Word and Powerpoint
- Meticulous with a keen eye for detail
- Analytical and good with data
- Self-motivated and independent worker, results-oriented
Document Management
Microsoft PowerPoint
UAT
IRAs
Quality Control
Middle Office
IDS
System Testing
Routing
Approachable
Employee Benefits
Appeals
Office Software
Benchmarking
Sabre
Income Statement
