Union Assurance is a leading corporate and the fastest growing entity in the Life Insurance industry backed by the strength and stability of John Keells Holdings PLC, one of Sri Lanka’s largest conglomerates. For the 9th consecutive year, the company has received the GPTW certification as a ‘Best Employer Brand,’ and in 2020 was awarded the ‘Global Employer Brand’ by the World HRD Congress.
The Job:
The person will be responsible for managing and executing the agency commission/ incentives for all agents within Union Assurance
Principle Accountabilities:
- Process Agency commission / incentives and other related payments for all Categories in permanent and Agency cadre
- Establish annual targets in consultation with the senior management as per the business plans
- Monitor daily agency commission related exception report through HL-DMS & manage the correction
- Compute Agency staff competition rewards as per the competition criteria
- Generate Agency commission statement and transfer it to the FAME system
Qualifications and Experience:
- Bachelor’s Degree in business management, statistics or operations management from a recognized university / institute
- 3 – 5 years experience in managing an operations role in an insurance organization
- Knowledge of administering sales incentive schemes
- Ability to coordinate between multiple stakeholders
- Proficiency in Ms Office including advanced excel is essential
- Excellent communication and negotiation skills is essential
- Strong adaptability, work under pressure and capacity to work in fast-paced environments.
Closing Date: 2023/10/30