Manager, Distribution Sales Commission

2 days ago

East Region, Singapore Income Insurance Limited Full time $120,000 - $240,000 per year

We are seeking a meticulous and analytical Manager to oversee the end-to-end management of sales commission schemes for our insurance agents. This role plays a critical part in ensuring timely and accurate commission processing, driving compensation strategies, and supporting business growth through effective incentive frameworks.

Key Responsibilities

Commission Operations & Accuracy

  • Oversee the accurate and timely processing of monthly commissions, bonuses, overrides, and special incentive payouts for insurance agents.
  • Monitor and validate commission outputs to ensure alignment with sales performance, contract hierarchy, and compensation plans.
  • Manage exception handling, escalation, and resolution of commission discrepancies.

Compensation Strategy & Framework

  • Collaborate with Distribution leaders to review, design, and enhance agent compensation structures to align with business goals.
  • Evaluate existing commission plans for effectiveness and propose refinements where needed.
  • Provide insights and analysis to support strategic compensation reviews and product launches.

System & Process Enhancement

  • Partner with IT and system vendors to maintain and enhance the commission system (e.g., ensure rules and logic are updated accurately).
  • Lead UATs for system changes, commission plan updates, and new incentive programs.
  • Continuously improve workflow automation, reporting tools, and control mechanisms.

Reporting & Governance

  • Generate and review monthly dashboards and reports on commission trends, cost analysis, and performance payouts.
  • Ensure governance and compliance with internal audit, regulatory, and contractual requirements (e.g., MAS regulations, agent contracts).
  • Support internal and external audits related to compensation and sales incentive schemes.
  • Stakeholder Management
  • Act as a key liaison between Distribution, Finance, Compliance, and HR on commission-related matters.
  • Provide advisory support to sales leaders and agency force on compensation queries and incentive plan interpretation.

Requirements

  • Bachelor's degree in Accounting, Finance, Business, or related fields.
  • At least 8–10 years of experience in commission management, incentive programs, or financial operations—preferably within the insurance or financial services industry.
  • Strong understanding of sales compensation models for tied agency, IFA, or bancassurance channels.
  • Proven ability to manage large datasets, complex calculations, and system-based commission rules.
  • Proficient in Excel, commission platforms, and data visualization tools (e.g., Power BI, Tableau).
  • Detail-oriented, analytical, and process-driven.
  • Strong communication and stakeholder engagement skills.
  • Experience with regulatory frameworks (e.g., MAS, AML, fit & proper) is a plus.

  • Sales Manager

    2 days ago

    West Region, Singapore General manager Full time $104,000 - $130,878 per year

    Develop and execute the sales strategy for specialty chemical products in assigned territories/markets.Identify and develop new customers, applications, and markets.Manage and grow existing key accounts, ensuring customer satisfaction and retention.Achieve or exceed sales targets, profit margins, and growth objectives.Conduct market research to identify...

  • Sales executive

    17 hours ago

    Central Region, Singapore General manager Full time $60,000 - $80,000 per year

    Identify and develop new business opportunities in assigned markets.Generate leads, conduct sales calls/meetings, and present company products.Understand client requirements and recommend suitable chemical solutions.Prepare and negotiate quotations, proposals, and contracts.Achieve monthly, quarterly, and annual sales targets.Maintain regular contact with...

  • Testing and Commissioning Manager

    2 days ago

    East Region, Singapore Gammon Pte. Limited Full time $120,000 - $240,000 per year

    Responsibilities:Manage, lead, and motivate the testing and commissioning resources and team.Lead and develop the respective ownership of all activities pertaining to commissioning which will involve partial oversight of project engineers and site supervisors as it pertains to commissioning scope.Review and acknowledge/approve on all project documents...

  • Distribution Sales Executive

    2 days ago

    Central Region, Singapore Walter Agency Pte Ltd Full time $24,000 - $36,000 per year

    Walter Agency Pte Ltd is hiring a Full time Distribution Sales Executive role in Geylang, Singapore. Apply now to be part of our team.Job summary:Flexible hours availableExpected salary: $2,000 - $3,000 per month

  • Commission Sales Associate

    6 days ago

    Clementi, West Region, Singapore OLYWAY Full time $40,000 - $60,000 per year

    Company DescriptionOlyway Pte Ltd, a subsidiary of GoodAire Pte Ltd, is the exclusive distributor of GoodAire, providing a 6-in-1 Multi-functional Air Protection System powered by Chlorine Dioxide (ClO2). Our patented cartridge technology helps eliminate viruses, bacteria, odours, formaldehyde, insects, dust, mould, and extends food freshness. ClO2 is...

  • Distribution Sales Executive

    3 days ago

    Central Region, Singapore Go On Global Sg Pte Ltd Full time $13,000 - $18,000 per year

    Go On Global Sg Pte Ltd is hiring a Full time Distribution Sales Executive role in Bukit Merah, Singapore. Apply now to be part of our team.Job summary:Flexible hours available2-3 years of relevant work experience required for this roleExpected salary: $3,000 - $5,000 per monthJob Title: Sales ExecutiveJob Description:We are seeking a highly motivated and...

  • Sales Executive

    3 days ago

    East Region, Singapore Search Personnel Pte Ltd Full time $18,000 - $24,000 per year

    Position       : Sales Executive (Food Distribution/All Welcome) - Up to Gross $4,000 + AWSLocation      : East – Tampines North DriveWorking hours: Monday to Friday | 8am to 5.30pm & Alternate Saturday | 8am to 12pmSalary (commensurate with experience)     : Up to Basic of $3,000 + Commission + AWS + Transport Allowance + Mobile Reimbursement...

  • Senior Investigative Assistant

    2 days ago

    Central Region, Singapore Australian High Commission Singapore Full time $60,000 - $80,000 per year

    About the Australian Federal Police (AFP)The Australian Federal Police (AFP) is a unique agency in Australian law enforcement. Our role as Australia's international policing representative along with our global reach and police diplomacy efforts directly serve the Australian community and our international partners. To view the complete description, please...

  • Commissioning Engineer

    2 weeks ago

    West Region, Singapore COMAP SE ASIA PTE. LTD. Full time $80,000 - $120,000 per year

    Job Description:The Commissioning Engineer is responsible for commissioning support for a range of configurable gen-set, microgrid and engine controllers and their accessories in various applications in the power generation, renewables and industrial automation industries in Southeast Asia. To provide full technical support via phone, email or in person for...

  • Sales Manager

    2 days ago

    East Region, Singapore STAFFKING PTE LTD Full time $60,000 - $120,000 per year

    Summary :Basic up to $ Quarter Commission5 days work (9am-6pm)Freight forwarding / Logistics IndustryB2B & Cold call sales roleKey Responsibility :Develop and implement strategic sales plans to ensure the execution of key sales activities, including cold calling, client meetings, proposal presentations, and customer engagementIdentify and pursue new business...