A Position Overview Position Title Manager – Advisor Compensation Department Agency Sales Level/ Band 401 – Manager Role Summary: The Manager – Advisor Compensation oversees the calculation and processing of Advisor contest payouts, ensuring the highest standards of accuracy, precision, and compliance due to the significant financial impact of compensation outcomes. The role requires strong analytical and simulation expertise to assess various payout scenarios, validate financial implications, and provide data-driven recommendations through robust MIS reporting. B Organizational Relationships Reports To AVP- Agency Strategy Supervises NA C Job Dimensions Internal Stakeholders Sales Team Chief Distribution Officer Distribution Operations External Leaders, Advisors & Employees D Key Result Areas 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. E Skills Required 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 F Incumbent Characteristics Essential Desired Qualification Graduation / Post Graduation / MBA MBA Finance/Business Experience 5 Yrs