Job Description
Position Purpose: Responsible for calculating, processing and managing commission payments to brokers by ensuring accuracy and compliance with agreements.
Experience: Minimum 3 years solid working experience preferably within the medical aid Industry or insurance Industry.
Qualifications: Bachelor’s degree/Diploma in Accounting or Finance KEY COMPETENCIES Calculate broker commissions based on established compensation structures. Verify commission agreements and ensure accuracy in calculations. Enter commission data into the accounting system accurately and timely. Maintain and update records of commission payments and agreements. Generate regular reports on commission payouts and trends. Provide summaries and details for management review. Reconcile commission accounts and resolve discrepancies as needed. Collaborate with the finance team to ensure financial accuracy. Respond to enquiries from brokers regarding commission payments and discrepancies. Liaise with the...