Head of Distribution and Compensation

1 day ago


Jakarta, Indonesia FWD Insurance Full time

PT FWD Insurance Indonesia (“FWD Insurance”), a joint-venture insurance company and a part of FWD Group, previously known as PT Commonwealth Life, has successfully merged with PT FWD Life Indonesia (“FWD Life”) as of 1 December 2020 and will be known as FWD Insurance.

The merger of FWD Life and FWD Insurance has led to a more comprehensive range of products, including unit-linked insurance, individual & group term life insurance, individual & group personal accident insurance, and group medical insurance through technology driven-distributions such as agency, bancassurance, e-commerce, and corporate.

FWD Insurance is registered and supervised under Otoritas Jasa Keuangan (“OJK”).

FWD Insurance is a member of Indonesia Financial Services Alternative Dispute Resolution Center.

Job Purpose:
Responsible for providing administrative support to Distribution Channel’s compensation and benefit; by developing policies and procedures, and implementing and managing those processes.

Accountability:

- Managing the process of Agents Compensation Payment so all payments are done accurately and timely
- To provide all data and reports required by the related departments including, agency management and agents, finance and actuary.
- Claw-back monitoring and reporting
- Others (system development, contest verification, etc)



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