Senior Commission Specialist

SUMMARY:
Senior Commission Specialist

POSITION INFO:

RESPONSIBILITIES

Administration | ADMINISTRATIVE SERVICES
Work on approved commission and administrative processes
and databases to calculate and monitor commission

commissions departments. Design
commission models that relates to exporting data, importing
it into model, run validation checks on accuracy whilst
complying with legislation. Responsible for internal and
external partner commission statements for all direct sales
channels and distribution channels from Sales Managers to
Business Manager.

Payroll Administration | PEOPLE - REWARDS

Deliver accurate and timely processing of payroll; input and
maintain payroll data; check payrolls for accuracy prior to
submission; prepare manual payments when required;
complete financial reconciliations. Submit all payments to
senior management for approval and to payroll for payment.
Act as financial point of contact regarding loading and
processing of the payments to bank. Calculate the Life and
Wealth BCO Commission models and provide support to the
leadership of this function and team.

Document and Data Management | DATA MANAGEMENT
Create and ensure compliance with a company wide
document management system. Manage process regarding
submissions and approval, track and ensure accuracy of
documented processes. Uploading of supervision and all
other documentation uploading. Track and management of
incentives. When required, keep track of business logs that
have an implication on commission outcome.

Business Process/Model Rethink | INNOVATION
Analyze and identify opportunities to improve processes,
practices, and procedures using prescribed methodologies,
uncovering opportunities for innovation.

Monitor and review performance and behaviors within area

of responsibility to identify and resolve non-compliance with
the organization''s policies and relevant regulatory codes and
codes of conduct. Manage transgressions. Ensure critical
Long-term regulations are applied and adhered to in this
channel regarding regulatory commissions.

Insights and Reporting | DATA AND ANALYTICS
Contribute to the design and creation of reporting strategies
and templates. Identify and interpret patterns and trends,
and present findings to relevant stakeholders. Provide
assistance with any ad hoc reporting that leads to any
commission loss or gain.

Grade 12/ SAQA Accredited Equivalent (Essential); Financial
Degree( Essential

5 - 7 years'' experience in commission management and
administration (Essential); Experience in the Financial
Service Industry (Essential) 4 or more years'' experience and
knowledge of the Long-term insurance Industry (Essential)

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