Assistant Manager - Agency Strategy

Position Title

Assistant Manager - Advisor Compensation

Department

Agency Sales

Level/ Band

202 - Assistant Manager

Reports To

Manager- Agency Strategy

Supervises

NA

Internal Stakeholders

Sales Team

Chief Distribution Officer

Distribution Operations

External

Leaders, Advisors & Employees

Organization Process

Key Contributions

Advisor Contest Payout Processing

• Ensure accurate and timely calculation and processing of advisor contest payouts.
• Validate payout eligibility, incentive calculations, and contest rules before disbursement.
• Meet defined payout timelines and service level agreements.

Accuracy & Financial Controls

• Maintain high levels of payout accuracy with minimal error rates.
• Perform reconciliation and validation checks to ensure financial integrity of payouts.
• Identify, investigate, and resolve payout discrepancies and exceptions.
• Ensure adherence to organizational policies, audit requirements, and compensation governance standards.

Data Management & Quality Assurance

.Ensure completeness, accuracy, and integrity of compensation and advisor performance data.

.Implement data validation controls and process checks to minimize operational risks.

.Maintain documentation of compensation calculations, assumptions, and methodologies.

Process Improvement & Automation

• Identify opportunities to streamline compensation processes and reduce manual effort.
• Drive automation initiatives to improve efficiency, accuracy, and scalability.
• Continuously enhance payout controls and reporting mechanisms

Stakeholder Collaboration

• Collaborate with Sales, Finance, Operations, and Business teams on compensation-related matters.
• Address payout queries and provide clear explanation of incentive calculations.
• Support leadership with ad hoc analysis and compensation-related recommendations.

Technical

.Financial reconciliation and variance analysis.

.Understanding of budgeting, forecasting, and payout accruals.

.Advanced Microsoft Excel skills

Behavioral

Essential

Desired

Interpersonal skills

Desired

Communication skills

Creative thinking skills

Supervising/Leadership skills

Desired

Teamwork Skills

Essential

Influencing skills

Desired

Relationship Building skills

Essential

Desired

Decision making skills

Desired

Essential

Desired

Qualification

Graduation / Post Graduation / MBA

MBA Finance/Business

Experience

5 Yrs