Sales Commissions Administrator
Permanent ·
Requirements:
2-4 years experience in commission administration (Essential) Experience in the Financial Service Industry (Essential) ADDITIONAL INFORMATION *SAQA Accredited Equivalent - It is the onus of the applicant to provide TIH and its subsidiaries with certified evidence that their qualification(s) meet the equivalent NQF level required for this role at time of application. As a registered Financial Service Provider, we are mandated to ensure that all our representatives are and remain fit and proper at all times. By applying for this role, you consent to having your relevant qualification and or accreditation or confirm that you are working towards meeting the competency requirements. You further consent to the relevant information being verified
Description:
OB PURPOSE Ensure accurate and efficient support services are provided to the 1Life direct sales and third party distribution sales commission departments. Process, provide administrative support and calculate all sales commission for the 1Life direct sales and third party distribution sales commission departments. RESPONSIBILITIES Administration Produce, update and provide best practice support on commission and administrative processes, databases and other departmental systems to support the work of more senior colleagues. Calculate and track and validate commissions and incentives for the 1Life direct sales and third party distribution sales commission departments. Responsible for internal and external partner commission statements for all direct sales channels and distribution channels from Sales Managers to Business Manager. Payroll Administration Input payroll data to support the accurate and efficient delivery of payroll services; prepare payroll for bank submission and entry into financial systems; prepare payroll reports and reconciliations. When required, submit payments to senior management for approval and to payroll for payment. Document and Data Management Create and ensure compliance with a company wide document management system. Track process regarding submissions and approval, maintain accuracy of documented processes. Swiftly resolves process breakdowns and takes steps to ensure that problems do not recur. 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.
Company: 1 Life Insurance