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Manager/ Assistant Manager, Distribution Compensation

Employer
Sun Life Financial, Inc.
Location
Mongkok, Hong Kong
Salary
Competitive
Closing date
Jan 2, 2025
View more categoriesView less categories
Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description:

Participate throughout the compensation payment process for multi-distribution channels. Responsible for all aspects contributing to the accuracy of compensation payments within the defined timeframe.

Monitor Validation and Review Regular Compensation Settlement (30%)
  • Implement administration policies to monitor the validation and settlement generated by the compensation system
  • Ensure accurate deliverables on distribution payment and clawback

Develop Risk Control Measures (20%)
  • Lead the development of risk control measures
  • Review compensation manual, work procedures and contingency plans
  • Ensure compliance with internal and external rules and regulations

Support Recruitment and Compensation Packages (20%)
  • Lead the team to support new agency recruitment packages
  • Oversee the implementation of revamped compensation, and bouses schemes

Stakeholder Communication (10%)
  • Communicate with stakeholders to share findings on enquiries and appeal cases

Financial Reporting (10%)
  • Prepare and submit monthly accrual & amortization reports to internal customers in Finance

People Management (5%)
  • Lead a team of channel compensation

Ad Hoc Projects (5%)
  • Participate in ad hoc projects as Company assigned

Specialized Knowledge/Skills

  • Team player with good interpersonal skills
  • Detail-oriented with good analytical skills
  • Sensitive to numbers and good commend in Excel
  • Insurance knowledge with hands-on experience in compensation payment operations for multi-distribution channels
  • Good command in both English and Chinese

Education and Experience

  • Bachelor's degree in Business Administration, Finance or related field is required
  • Minimum 5 years of work experience in Distribution Compensation Management
  • FLMI qualification is an advantage

Job Category:
Finance

Posting End Date:
30/12/2025

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