Assistant Manager / Manager, Distribution Compensation

Job Responsibilities: Verify and ensure the accuracy of distribution compensation calculations and payments Ensure accurate deliverables on distribution payment and clawback Lead the development of risk control measures Review compensation manual, work procedures and contingency plans Ensure compliance with internal and external rules and regulations Oversee the implementation of revamped compensation, and bouses schemes Communicate with stakeholders to share findings on enquiries and appeal cas

Gravitas Recruitment Group - Hong Kong - Full time

Salary: HKD48000 - HKD70000 per month + Discretionary bonus

Job Responsibilities:

  • Verify and ensure the accuracy of distribution compensation calculations and payments
  • Ensure accurate deliverables on distribution payment and clawback
  • Lead the development of risk control measures
  • Review compensation manual, work procedures and contingency plans
  • Ensure compliance with internal and external rules and regulations
  • Oversee the implementation of revamped compensation, and bouses schemes
  • Communicate with stakeholders to share findings on enquiries and appeal cases
  • Prepare and submit monthly accrual & amortization reports to internal customers in Finance
  • Lead a team of channel compensation
  • Managing all aspects of system projects, including new agency compensation system setup, enhancements, and support for routine compensation verification and reporting.
  • Conduct requirement analysis and prepare user requirement documentation.
  • Design test cases and perform user acceptance testing and regression testing.
  • Conduct post-implementation checks to verify successful deployment.
  • Address production issues, oversee error resolution, and suggest workarounds.

Requirement:

  • Bachelor's degree in Business, Finance, or a related field.
  • Minimum of 5 years of experience in Distribution Compensation
  • FLMI qualification
  • Team player with strong interpersonal skills.
  • Detail-oriented with excellent analytical skills.
  • Proficiency in Excel and data analysis.
  • Knowledge of insurance compensation for multi-distribution channels
  • Good command of both English and Chinese.
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