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Associate, Distribution Compensation & Analytics (1 Year Contract)

Open 18d

Summary

Analyzes and reports on sales performance, compensation, and incentives for a life insurance distribution network using Excel, Power BI, and Power Automate.

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 3~5 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: [email protected]

EA Licence: 99C4599
EA Personnel Reg: R1104662
EA Name: Celine Tan Si Ling

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