Distribution Compensation

SEARCHASIA CONSULTING PTE. LTD.; Singapore; On-site; SGD 90,000 - 150,000; Full time

Job summary

SEARCHASIA CONSULTING PTE. LTD. seeks an experienced professional to oversee distribution compensation and reporting within the Life Insurance sector.

You will analyse KPIs, distribution performance, and financing schemes, manage compensation reporting, respond to enquiries, and deliver actionable insights to support senior management decisions while ensuring MAS compliance.

This role requires strong data analytics, governance awareness, and a collaborative approach across sales and finance teams.

Qualifications

• Minimum 4 years of relevant working experience in the Life Insurance or Financial Advisory industry.
• Strong understanding of life insurance distribution structures, agency compensation frameworks and financing schemes.
• Experience in business reporting, data analytics and management information reporting.

Responsibilities

• Calculating distributor compensation accurately, ensuring all incentives, loan repayments, and other deductions were processed efficiently.
• Prepares and delivers regular and ad-hoc reports to support management decisions.
• Analyse key sales performance indicators (KPIs), production trends and distribution performance to provide actionable business insights.
• Oversee compensation reporting and administration for the distribution network. Manage enquiries relating to financing schemes, incentive programmes and compensation reporting.
• Provide analysis on distribution performance, sales productivity and business initiatives to support management decisions
• Ensure compliance with applicable MAS regulations, internal policies and governance requirements relating to distribution compensation and reporting activities.

Skills

Life insurance industry

Data analytics

Management information reporting

Job description

Responsibilities

• Calculating distributor compensation accurately, ensuring all incentives, loan repayments, and other deductions were processed efficiently.
• Prepares and delivers regular and ad-hoc reports to support management decisions.
• Analyse key sales performance indicators (KPIs), production trends and distribution performance to provide actionable business insights.
• Oversee compensation reporting and administration for the distribution network. Manage enquiries relating to financing schemes, incentive programmes and compensation reporting.
• Provide analysis on distribution performance, sales productivity and business initiatives to support management decisions
• Ensure compliance with applicable MAS regulations, internal policies and governance requirements relating to distribution compensation and reporting activities.

Requirement

• Minimum 4 years of relevant working experience in the Life Insurance or Financial Advisory industry.
• Strong understanding of life insurance distribution structures, agency compensation frameworks and financing schemes.
• Experience in business reporting, data analytics and management information reporting.