Job Description:
This role is mainly accountable to process and ensure accurate payments of compensation to Agency Channel (Tied Agency and ALC Agency) and Partnership Channel in a timely manner. It will also be required to perform managerial analysis and report of medium degree of complexity. Liaison with ALC system vendor on system and non-system (reporting and payment) related issues to ensure success of ALC compensation model. Maintain and update various records in PICS System and other programs to ensure the effectiveness of Compensation to support business growth.
Track or review to ensure all agency and partnership payments are paid correctly and in accordance
to schedule.
Produce period financing analysis including actuals versus forecast to deliver accurate insights for
decision making and drive business performance
Assist and support data management and reporting
Liaise with vendor on ALC system related issue, monthly commission payment and report
Take charge on report automated via Power BI
New Product testing in PICS (AS400) System
Rectify compensation errors by working with liaisons Business Partner support units
Perform testing on CORE system enhancement
Support financial planning and forecast for compensation division e.g, Financing, BSC, tax, etc.
To assist in E-invoicing and Agent withholding tax payment
To assist in Agency Year-end bonus payment
Produced timely and trusted financial and management performance results
To carry out ad-hoc activities whenever required by the company in achieving company aspirations
Assist with the development and maintaining of compensation models
Handle agents’ enquiries regarding compensation payments
Job Requirements:
Tertiary education qualification in Accounting, Finance, Mathematics, Actuarial or equivalent
Minimum 5 years of related in Financial industry, preferable in Insurance and agency sales
compensation related
Strong Computer Skills and proficiency with MS Office Suite, particularly in Excel and Power Point
Data visualization and data analysis experience for example using Power BI
Knowledge on SQL and other programming language is preferable
Strong attention to detail and accuracy
Excellent in problem solving skill
Ability to work independently and collaboratively in a team environment
Well versed in both written and verbal communication skills - English.
*This position is part of the opportunities available at our GBA Event. Attend the event to connect with hiring managers and explore your next career move.
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