Agency Compensation Executive

Zurich 56 Company Ltd; Kuala Lumpur; On-site; MYR 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a Compensation Executive to support sales and distribution teams. This role involves ensuring accurate data for monitoring sales performance, compliance, and governance. You will develop management information, support distributor remuneration, and assist in project implementation to maintain high service quality. If you have a background in life insurance and a passion for enhancing sales operations, this is an exciting opportunity to make a significant impact in a dynamic environment.

Qualifications

• 2+ years in life insurance with a focus on sales compensation.
• Experience with agent contracting and commission models.

Responsibilities

• Support sales teams with accurate data for performance monitoring.
• Resolve operational customer-distributor management activities.
• Assist customers with inquiries about products and services.

Skills

Sales Performance Analysis

Customer Service

Project Management

Data Accuracy

Education

Bachelor's degree in Business Administration

Bachelor's degree in Finance

Bachelor's degree in Actuarial Science

Job description

Agency Compensation Executive

122944

Job Summary

Provide support to the sales and distribution teams in relation to activities for which Sales Operations is responsible. Ensure the business areas have accurate data on which to monitor and improve sales performance, meet compliance and governance requirements, execute the liaison between field and internal areas in order to deliver high levels of customer service and ensure effective sales performance.

Job Accountabilities - Key Accountabilities

1. Develop, improve, produce and distribute management information including the production of ad hoc requests ensuring accuracy at all times.
2. Support distributor remuneration, implementation of sales initiatives, networks, events and systems.
3. Support research-analysis around potential business development opportunities.
4. Carry out tasks, such as the preparation of documentation, to support the implementation of projects to time and quality standards.
5. Resolve operational customer-distributor (or other partner) management activities (e.g. remuneration, sales initiatives, event management, cross-selling), ensuring an efficient and high-quality service is extended to all internal and external customers.
6. Assist internal and external customers with questions about the organization's products and/or services.
7. Review, analyze, report and implement Governance and Compliance requirements.

Job Requirements

1. Bachelor's degree in Business Administration, Finance, Actuarial or related field.
2. 2+ years in life insurance with background in sales compensation, agency distribution or commission structures.
3. Experience with agent contracting, bonus programs, or grid-based commissions models.