Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.
1. Extract, manage and analyze sales data to support Line Manager design and optimize compensation scheme for Agency channel to achieve business strategic objectives2. Consolidate compensation appeal cases
3. Support Line Manager in budget planning and forecasting; and prepare periodic reports on budget tracking for Line Manager and Head of department
4. Prepare MAPA monitoring plan documents aligning with key stakeholders and get endorsement from Line Manager
5. Any other tasks assigned
Responsibilities
All producer compensation & regular scheme-based program: design/ simulation, memo/ T&C, accrual, costing, system rules, manual/ digital tracking & appeal analysis Simulate commission credit impact on overall scheme designs for new products/ riders Full time agent bridging for producer item: design/simulation, memo/T&C, accrual, costing, system, tracking and appeal analysis Annual Compensation Review & Proposal for producer Structural income analysis for Producer role (ad-hoc) Any other tasks assigned
Essential requirements
- High degree of attention to detail with analytical skills when working with large amounts of complex data, sales projection worksheet.
- Good at communication and presentation skills
- Strong interpersonal and ability to work in fast-pace environment
- Knowledge in Insurance/Banking Distribution incentive/compensation is preferable
Qualifications:
- Bachelor’s Degree in finance, Banking or related fields
- At least 2 years of experience in Insurance or Banking & Finance sectors
- Proficient in business intelligence tools (Python/SQL…) and dashboards
Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.
Skills Required
- Bachelor's Degree in finance, Banking or related fields
- At least 2 years of experience in Insurance or Banking & Finance sectors
- Proficient in business intelligence tools (Python/SQL…) and dashboards
- High degree of attention to detail with analytical skills
- Good at communication and presentation skills
- Strong interpersonal and ability to work in fast-pace environment
- Knowledge in Insurance/Banking Distribution incentive/compensation is preferable
What We Do
In Asia and Africa, Prudential has been providing familiar, trusted financial security to people for 100 years. Today, headquartered in Hong Kong and London, we are ranked top three in 12 Asian markets with 18 million customers, around 68,000 average monthly active agents and access to over 27,000 bank branches in the region. Prudential is focused on opportunities in the most exciting growth markets in Asia and Africa. With access to over 4 billion people in both these regions, we are investing in broadening our presence and building our leadership in the life and asset management markets. We are committed to making a positive impact on our customers, our employees and our communities by delivering the best savings, health and protection solutions to people so they can get the most out of life. Visit our websites for more information Prudential plc: https://www.prudentialplc.com/ Prudence Foundation: https://www.prudentialplc.com/en/prudence-foundation
