# Distribution Compensation Specialist

**Company**: Prudential
**Location**: Singapore
**Experience**: senior
**Job type**: full-time
**Category**: Finance
**Industry**: Finance

**Apply**: https://prudential.wd3.myworkdayjobs.com/en-US/prudential/job/Singapore/Distribution-Compensation-Specialist_26010113?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_e512cf0b-ccf

## Description

Prudential's purpose is to be partners for every life and protectors for every future.

Reporting to the Head of DCA, the Distribution Compensation Specialist will assist in the review and performance of business cases, compensation, and tracking of incentive spent.

The role partners closely with Agency Distribution, Partnership Distribution, and Customer Team to design, cost, and holistically evaluate the effectiveness of all incentives and distribution compensation.

### Job Description:

#### Compensation and Incentive Schemes

- Collaborate with Agency Distribution, Partnerships Distribution, and Customer teams to design, review, and recommend changes to compensation and incentives that align with business objectives and ensure financial supportability.

- Obtain relevant approvals for compensation changes in compliance with governance.

- Monitor performance relative to business cases and provide senior management with regular updates, recommending changes as necessary.

- Conduct post-implementation reviews of approved business cases.

#### Agency Recruitment Schemes

- Support agency recruitment by developing effective means to achieve recruitment targets and objectives.

- Review the effectiveness of various recruitment schemes and work with Agency Recruitment to implement improvements.

#### Business Strategies and Special Projects

- Review and support the implementation of Distribution Strategies from product and compensation analytics perspectives.

- Understand the impact and implications of such initiatives and provide coordination within Finance and Actuarial where appropriate.

- Build DCA knowledge of the organization, processes, and customers.

#### Agency Appeals

- Manage Agency appeals, assessing reasonableness, business needs, and financial costs while ensuring timely resolution and adherence to governance standards.

### Who we are looking for:

#### Competencies & Personal Traits

- Good technical financial knowledge.

- Understanding of insurance industry issues and trends.

- Detail-oriented and meticulous.

- Strong analytics skills.

- Ability to work autonomously.

- Good communication skills.

- Business acumen.

- Inquisitive with the ability to think creatively.

#### Working Experience

- At least 7 years of relevant experience in finance or actuarial roles.

- Agency experience is a plus.

#### Education

- Degree in Actuarial or Finance.

#### Language

- English.

## Skills

### Required
- financial knowledge
- analytics skills
- communication skills
- business acumen

### Nice to have
- agency experience
- actuarial degree

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Source: [Apply at prudential.wd3.myworkdayjobs.com](https://prudential.wd3.myworkdayjobs.com/en-US/prudential/job/Singapore/Distribution-Compensation-Specialist_26010113?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)