Associate Director, Distribution Administration and Governance

Associate Director, Distribution Administration and Governance

 

Job Duties:

·         Ensure end to end process which is in compliance with distribution governance /any regulatory requirements for licensing, channels movement, disciplinary management as well as compensation arrangement

·         Lead relevant departments for execution regarding the above areas

·         Plan communication approach and prepare communication (including but limited to manuals, handbooks, SOP, Agency instruction, etc) for relevant compliance, agency administration and compensation projects for distribution channels 

·         Lead teams to provide quality administrative support to business development teams

·         Review, fill the gap and enhance end to end process regarding distribution administration (including but not limited to the following) to meet all relevant guidelines, policies, rules;

·         Review and endorse new agents’ licensing registration with the Insurance Authority Hong Kong and represent the Company to work out logistics with the regulator for agent licensing via e-portal;

·         Representative of the Company for regulator contact including ICAC, small claim tribunal and external auditor

·         Lead and coordinate with relevant departments for project delivery and / or process & procedure execution in effective and efficient manner

·         Manage and impose the due diligence process (including vendor selection, review and assessment) and other necessary process, if applicable, for individuals and corporate identities to meets regulatory requirement and business needs from time to time

·         Write-up all manuals, handbooks, governance policies, standard operation procedure, AI and memo for distribution channels of the Company

·         Prepare new agreement(s) for new financing/ remuneration program(s) to new recruits and review current agreements to meet regulatory requirement and business needs from time to time

·         Manage and coordinate DSS team to provide administrative and case investigation support to sales activities projects, recruitment projects/ process and legal & compliance case management

·         Ensure proper audit trail and record management for distribution administration and relevant compliance projects

·         Lead ad hoc projects related to guidelines from the Insurance Authority Hong Kong

 

 

Requirements:

·         University graduated, prefer in business administration, communication 

·         At least 15-year-experience in life insurance or financial industry, prefer in field of distribution administration, compliance project management

·         Experience in handling implementation on any projects associated with guidelines, rules, requirements by regulator(s) and/ or insurance authority(ies)

·         Excellent in writing and communication skill (both English and Chinese)

·         Strong project management skill and Microsoft office