HR Policy Expert

Job Description

A. Job Purpose:

• To develop and manage the compensation and benefits policy for the Bancas sales force in order to: Control Cost of Overtime (COOV) expenses in line with assigned targets; Attract and retain high-quality sales personnel; Ensure competitive compensation and benefits packages within the market; Oversee the calculation and disbursement of sales force commissions and incentives; Collaborate with stakeholders to assess the impact of sales force compensation policies, providing timely warnings, recommendations for adjustments, and necessary additions.
• Work closely with the Banca Division and relevant units/individuals to develop policies and evaluate the effectiveness of the sales force.
• Implement compensation and benefits projects and programs, develop internal documentation in accordance with leadership's direction, and ensure compliance with company regulations and legal requirements.

B. Key Responsibilities:

• Design a compensation mechanism for the Bancas sales force based on the company's revenue, cost, and quality management objectives.
• Monitor the calculation and monthly disbursement of compensation to the Bancas sales force, ensuring accurate and complete payments.
• Control costs and evaluate the effectiveness of the Bancas sales force compensation mechanism periodically or upon request to refine the compensation mechanism as appropriate and timely.
• Provide input on sales, product, and other policies of relevant Divisions/Departments (Banca, Product, etc.) related to the Bancas sales force compensation mechanism to ensure consistency and alignment with the overall compensation mechanism.
• Implement/participate in employee compensation and benefits projects and programs in accordance with leadership's direction, ensuring compliance with company regulations and legal requirements.
• Develop, review, and adjust regulations, procedures, and internal documents as a basis for personnel management in line with the company's operating objectives and ensuring compliance with legal regulations.
• Perform other tasks as assigned from time to time.

Job Requirement

• Bachelor's degree in Human Resource Management/Insurance/Finance and Economics
• Minimum 03 years of experience in a similar position
• Understanding of life insurance operations and regulations
• Solid understanding of labor law and knowledge of payroll operations
• Good at working with numbers and data analysis
• Good communication and expression skills in writing and speaking
• Good problem-solving skills & English communication
• Proficient in using office software