- Contract role
- Manage distribution compensation accounting, including monthly/fortnightly closings, journal postings, provisions, and reconciliations.
- Ensure accurate and timely payment of compensation to distribution channels while maintaining compliance with policies and regulations.
- Oversee deferred and long-term incentive schemes, including proper recording, monitoring, and administration.
- Prepare and maintain audit schedules, SOPs, and documentation, serving as the main contact for internal, external, and regulatory audits.
- Support system enhancements and projects, including business requirements, UAT, and troubleshooting production issues.
- Handle reconciliation, risk management, and reporting to ensure financial accuracy and control.
- Administer tax and compliance matters, such as IRAS filings, GST self-billing for agents, and invoice settlements for non-agency channels.
- Provide day-to-day support to agents, channels, and internal teams on compensation-related queries.
- Contribute to company-wide initiatives involving compensation processes or financial operations.
Requirements
- At least 5 years of experience in distribution compensation in insurance industry
Interested applicants please send your resume in MS Word format and attention it to Rachel Yeo (R22104385).
Shortlisted candidates will be notified
Data provided is for recruitment purposes only
www.ambition.com.sg
EA Registration Number: R22104385
Business Registration Number: 200611680D. Licence Number: 10C5117