- Work with Agency Distribution/Partnerships Distribution/Customer to design, review and recommend changes to Agency Distribution/Partnerships Distribution compensation and incentives to achieve business objectives and ensure financial supportability
- Obtain relevant approval for compensation changes in compliance with governance
- Ensure performance is monitored relative to business case and support in providing senior management with regular updates. Where necessary, recommend changes to management together with distribution
- Perform post implementation review on approved business cases
- Support agency recruitment by developing the effective means to achieving recruitment targets and objectives.
- Review the effectiveness of various recruitment schemes and work with Agency Recruitment to implement further improvements
- Review and support the implementation of Distribution Strategies, especially from product and compensation analytics perspective.
- Understand the impact and implication of such initiatives and provide coordination within Finance and Actuarial where appropriate
- Build DCA knowledge of the organization, processes and customers
- Manage Agency appeals, carrying out an assessment of reasonableness, business needs and financial costs, while ensuring timely resolution and adherence to governance standards.
- Competencies & Personal Traits
- Good technical financial knowledge
- Good understanding of insurance industry issues and trends
- Detailed and Meticulous
- Strong analytics skills
- Ability to work autonomously
- Good communication skills
- Business acumen
- Inquisitive and ability to think out of the box and look beyond existing solutions and own area to define/resolve issues
- At least 7 years of relevant experience in finance or actuarial roles or positions
- Agency experience is a plus
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Distribution Compensation Specialist - Singapore - Prudential Group
Description
Compensation and Incentive Schemes
Agency Recruitment Schemes
Business Strategies and Special Projects
Agency Appeals
Who we are looking for:
Working Experience:
-
Compensation Benefits Specialist
Only for registered members Singapore
-
Compensation & Benefits Specialist
Only for registered members Singapore
-
Compensation & Benefits Specialist
Only for registered members Singapore
-
Distribution Compensation Specialist
Only for registered members Singapore
-
Compensation & Benefits Specialist
Full time Only for registered members Singapore
-
Compensation Benefits Specialist
Only for registered members Singapore
-
Compensation & Benefits Specialist
Full time Manpower Staffing Services (Malaysia) Sdn Bhd- Singapore
-
Senior Specialist, Compensation and Benefits
Only for registered members Singapore
-
Senior Specialist, Compensation and Benefits
Only for registered members Singapore
-
PRB Specialist, Cash Compensation
Only for registered members Singapore
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Compensation & Benefits Specialist/Manager
Only for registered members Singapore
-
Finance Compensation Data Specialist
Only for registered members Singapore
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Finance Compensation Data Specialist
Only for registered members Singapore
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Compensation & Benefits Specialist (SG & MY)
Only for registered members Singapore, Singapore, Singapore
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Compensation & Benefits Specialist
Only for registered members Clementi
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Asst Director/Senior Manager, Human Resource Dept
Only for registered members Singapore
-
Sales Specialist
Only for registered members Singapore
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Senior Manager
Full time Only for registered members Singapore
-
Senior Total Rewards Specialist
Only for registered members Singapore
-
Quantitative Trader
Only for registered members Singapore
