Commission Administrator at Momentum

Role Purpose    
The Commissions Support Administrator (CSA) coordinates and support the day-to-day operational 
functions within the area of responsibility, by providing administrative assistance to MFP/MDS Sales 
Channels and Financial Advisors on enquiries regarding commission calculations, clawbacks, 
reinstatement and CPI. The CSA executes all transactions and requests professionally, within high 
performance guidelines, playing a pivotal role in the MDS/MFP value chain proposition to Financial 
Advisers. 

Requirements    
Qualifications:
Grade 12, Matric (Essential)
Office/Business administration qualification (Degree/NQF 6) (Advantage)

Experience:
1 – 2 Year experience in the financial services industry (essential) 
MS Word, Excel and Outlook
Internal MMI systems & processes (preferred)
Insurance industry experience (preferred)
Experience within the MDS Sales environment will be an advantage,
Proficient in Afrikaans and English (both written and verbal). 

Duties & Responsibilities    
Internal Processes: Sales and Service Experience:

• Manage commission specific queries and SLAs of the team by assigning, directing and escalating all queries.
• Report on the operational activities within the area of responsibility to inform operational efficiencies.
• Establish and maintain filing systems (electronic or paper) to ensure record maintenance and retrieval of documents.
• Transfer of intermediary client books according to regulations.
• Establish own work procedures or schedules to manage and keep track of daily activities and tasks.
• Assist in the preparation of regularly scheduled reports, as required.
• Challenge processes that do not serve the business - ease of business
• Good understanding of Compliance process adherence and impact of non-adherence
• Ensure all information received is correctly captured, recorded and kept up to date on daily stats spreadsheet hosted on MS Teams.
• Identify and report process and system failures and enhancements to improve client experience.
• Escalate faults and other housekeeping issues with the relevant stakeholders or service providers.
• Adhere to the way of work rules/document

Client Advisor: Stakeholder Engagement:

• Ensure all internal and external engagements are conducted in a professional manner.
• Deliver on service level agreements made with internal and external stakeholders in order to ensure that client expectations are managed.
• Make recommendations to improve client service and fair treatment of clients within area of responsibility.
• Provide authoritative expertise to stakeholders.
• Maintain meaningful business relationships with all stakeholders.
• Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional service

Culture and Personal Development:

• Contribute to a culture that guides and directs best practice, fostering an environment of 
• continuous learning, improvement and cohesiveness.
• Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional client service.
• Develop and maintain productive and collaborative working relationships with peers and stakeholders.
• Continuously develop own expertise in terms of professional, industry and legislation knowledge.
• Contribute to continuous innovation through the development, sharing and implementation of new ideas.
• Take ownership for driving career development
• Positively influence and participate in change initiatives. 

Finance: Business Efficiencies and Effectiveness:

• Identify opportunities to enhance effectiveness and increase operational efficiency.
• Manage company resources under your control with due respect.
• Provide input into the risk identification processes and communicate recommendations in the appropriate forum

Competencies    

• Interacting with People
• Conveying Self-Confidence
• Showing Composure
• Thinking Positively
• Producing output
• Following Procedures
• Managing Tasks
• Upholding Standards
• Business Acumen
• Drive for Results
• Leads Change and Innovation
• Collaboration
• Impact and Influence
• Self-Awareness and Insight
• Diversity and Inclusiveness
• Documenting facts

Skill:

• Computer literacy
• Planning skills
• Written and verbal communication
• Problem solving
• Time management
• Service orientation
• Interpersonal skills
• Email etiquette

Attributes:

• Brand Ambassadorship
• Attention to detail
• Self-starters that is able to work effectively without supervision
• Professional standards and Professional in all engagements with FAs and head 
• office staff