Agency Compensation & Reporting Specialist

Sun Life Malaysia Assurance Berhad

Kuala Lumpur

On-site

MYR 60,000 - 90,000

Full time

5 days ago
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Benefits offered by this job

Medical
Dental
Birthday Leave
Public Holiday Replacement Leave

Job summary

Sun Life Malaysia Assurance Berhad is seeking a skilled Compensation and Reporting Specialist to oversee advisor compensation, harmonize integration projects, and enhance management reporting. You will validate BSC results, ensure accurate commission distributions, and drive improvements across PAM and Elite integrations.

The role emphasizes analytical rigor, collaboration with sales leaders, and the development of dashboards and statements within the SAM portal to deliver actionable insights.

Qualifications

  • Bachelor’s degree in Business Administration, Finance, or a related field.
  • Experience in compensation management, project management, and system enhancement
  • Strong analytical skills and attention to detail
  • Proficiency in relevant software and tools
  • Good communication and interpersonal skills
  • Ability to work independently and collaboratively within a team

Responsibilities

  • Validate the Advisor’s Balanced Score Card (BSC) results to ensure accurate reflection of score
  • Oversee the accurate distribution of fixed and variable commissions
  • Monitor and validate production and persistency bonuses to ensure alignment with company policies and performance metrics
  • Supporting the harmonization initiative for Elite and PAM, ensuring seamless integration and alignment of goals
  • Assess and comprehend long term benefit /spin-off benefits from harmonized projects to maximize operational efficiency and effectiveness
  • Financial Support schemes to support the growth and development of new recruits
  • Generate and distribute routine reports for management and sales forces
  • Ensure reports are accurate, timely, and provide valuable insights into performance metrics and compensation structures
  • Act as a liaison between management and sales teams to ensure clear communication of performance and compensation information
  • Revise and maintain the existing systems to support updated methodologies and processes
  • Update the PAM BSC tabulation methodology to harmonize with Elite approach
  • Enhance the PAM production and persistency bonus structures
  • Develop and refine performance dashboards and commission statements within the SAM portal to provide clear, actionable insights for users

Skills

Compensation management
Project management
System enhancement
Analytical skills
Attention to detail
Communication
Team collaboration

Education

Bachelor's degree in Business Administration/Finance or related field

Tools

SAM portal
Excel/Analytics tools

Job description

Sun Life Malaysia Assurance Berhad is seeking a skilled Compensation and Reporting Specialist to oversee advisor compensation, harmonize integration projects, and enhance management reporting. You will validate BSC results, ensure accurate commission distributions, and drive improvements across PAM and Elite integrations.

The role emphasizes analytical rigor, collaboration with sales leaders, and the development of dashboards and statements within the SAM portal to deliver actionable insights.

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