We are looking for an analytical and detail-oriented Associate, Distribution Compensation & Analytics to support our Client's Business Development function through sales reporting, compensation administration, business analytics, and process improvement initiatives.
Key Responsibilities
Distribution Compensation & Sales Reporting
- Prepare and manage regular sales performance reports, including Annual Awards, MDRT qualification, Gross Revenue, financing schemes, and incentive eligibility.
- Administer the annual MDRT registration and certification process.
- Maintain financing scheme records and provide monthly updates to representatives.
- Ensure accurate documentation, record management, and electronic filing of Business Development reports and agreements.
- Extract, validate, and analyze sales and compensation data for recurring reporting.
- Monitor distribution structure movements to ensure reporting accuracy.
- Coordinate quarterly ICCSC monitoring and reporting.
Business Analytics & Performance Reporting
- Develop and enhance management reports and dashboards for business performance tracking.
- Analyze sales KPIs, production trends, and distribution performance to generate actionable insights.
- Support budgeting, forecasting, and performance analysis for Business Development initiatives.
- Design customized reports to meet business and stakeholder requirements.
- Identify opportunities to improve reporting quality, efficiency, and user experience.
Agency Compensation
- Administer and oversee compensation reporting for the distribution network.
- Support budgeting, payment processing, expense monitoring, and financial analysis related to agency compensation.
- Partner with Finance to ensure timely and accurate compensation payments.
- Respond to enquiries relating to financing schemes, incentive programs, and compensation reporting.
Process Improvement & Systems Support
- Drive reporting automation using Microsoft Power BI, Power Automate, and other reporting tools.
- Review and improve reporting processes to enhance efficiency and data quality.
- Support system testing, data validation, and reporting enhancements.
- Promote best practices in data governance and reporting standards.
Stakeholder Management & Compliance
- Collaborate with Business Development, Finance, Distribution Support Unit, Partnerships, and other internal stakeholders.
- Support agency leaders and representatives on reporting and compensation-related matters.
- Ensure compliance with MAS regulations, internal policies, and governance standards.
- Maintain audit-ready documentation and support Fit & Proper assessment requirements.
What We're Looking For
- Min. Bachelor's Degree with 35 years of experience in business reporting, sales analytics, and management reporting related field.
- Understanding of life insurance distribution structures, agency compensation, and financing schemes.
- Advanced Microsoft Excel and working knowledge of Power BI and Power Automate
Interested applicants are welcome to submit detailed resume to: [Confidential Information]
EA Licence: 99C4599
EA Personnel Reg: R1104662
EA Name: Celine Tan Si Ling
