Recalculate Insurance Revenue Commission
- Lango: Language and translation manager
Job Reinsurance of insurance contracts Can be run from the Role Center Insurance across Actions/Changes/Recalculation of Insurance Revenue Commission.
Change of commissions in case the insurance company changes the amount of commission for already active insurance policies.
After a change in the commission from the insurance company, it is necessary to guide a new definition of insurance commission with Valid For = All Contracts.
The user changes the original amount of 15% to 16%.
Runs a batch job and specifies a filter to select the contracts affected by the change.
According to the assignment, the batch job deletes the original commission definition, loads the new definition and calculates the commission calendar according to it. The OC deletes the commission definition that is valid on the working date of the job run. At the same time, the new (edited) commission must be valid as of the working day of the job run.
Definition of revenue commission on an insurance contract.
Original and new commission calendar.