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Position Details
Reference No.
Commissions Administrator - VAC-20014M
Employment Type
Full Time
Available Positions
Posted On:
Contact Details
StafffMatters Recruitment Specialists
Contact Person
Administration Team
Job Description

Our client is a leading International Financial Services company looking for a driven and experienced Commissions Administrator to join their company in Limassol, Cyprus. They are a large, established, international financial services company employing more than 450 employees, spanning 10 offices globally. 


Ensuring that the company's back-office commission processing system is up to date and accurate on an on-going basis

Entering commission transactions into the system in a timely manner

Liaising with financial advisors and other internal stakeholders regarding matters such as outstanding commission payments and commission calculations

Ensuring that all amounts due from insurance companies are received in a timely manner and carrying out reconciliations where required

Preparing regular as well as ad-hoc management reports in an accurate and timely manner

Contributing to the improvement of systems, policies and procedures aimed at enhancing the efficiency and effectiveness of the commissions workstream

Ensuring that all key information and documentation relating to commissions are maintained in a structured manner and that these are up to date at all times

Assisting with other tasks performed by the Commissions team, as and when required


Bachelors' degree in Commerce, Finance or similar from a recognized university

A proven track record that includes a minimum of 2 years of work experience, ideally at an insurance brokering company or similar

Experience in a business environment with some kind of numbers processing is a must

Previous experience working in a team environment

Experience in dealing with insurance companies would be desirable

Experience in dealing with financial advisors or similar stakeholders would be desirable.

Experience in contributing to projects relating to data such as commissions or payments including automation

(Near) Native English speaker or experience within a UK financial services company

Proficiency in Microsoft Office applications, in particular Microsoft Excel

Strong analytical skills and problem-solving skills, comfortable working with numbers

Attention to detail and ability to multitask and work under pressure and to deadlines

Exceptional organizational and time management skills

Smart, ambitious, keen to learn

EU-citizenship / yellow slip

The working hours are 8.30am until 5.30pm


Full Medical insurance after the 3 month probation period;

Salary up depending on skills and experience;

21 days annual leave;

Welcoming and friendly team in a positive and motivating work environment

Investment in the team's skills with training and development courses

Opportunity for growth, being part of an industry leader with more than 20 years of global presence

TO APPLY for this job opportunity, send your CV (in English please) to admin@smstaffmatters.com and include the reference:  Commissions Administrator - VAC-20014M. We look forward to hearing from you!