Commission Activity Type

Definition

The smallest commission-relevant component of a business transaction that is derived from the type of change made. The commission is derived from the commission activity type together with the participation role for a commission recipient and the form of a commission agreement (commission types and remuneration types).

A commission activity type always has a unique reference to a triggering object type (for example, a triggering method for the object type "contract" can never belong to the same activity type as a triggering method for the object type "tariff").

Possible commission activity types:

  • New business

  • In-force business

  • Completion

  • Cancellation reset

  • Creation of a new contract

  • Tariff change

  • Tariff reversal

The level of detail that characteristics have depends on the requirements necessary for remuneration. However, valuation, remuneration and settlement aspects are not used to determine this.

Use

Used to name a remuneration-relevant activity.

The delivered commission activities describe changes from the view of the processed business object. These changes are reported to Incentives and Commission Management.

Since the participants are remunerated according to their tasks and the result that they are aiming for, the activity types are not determined by classifying the effective transactions of the delivering system. Instead, the different types of agent activity such as the brokerage of a new contract or completion of insurance cover are derived from these activities.

The "tariff change" change reason only means that the tariff was changed in a contract. In Incentives and Commission Management, this contract change can lead to the activity types "in-force business activity", "completion" or "coverage change".

Structure

A commission activity type includes the following data (key data is marked in bold ):

  • Commission activity group number

  • Commission activity type number

  • Status/version for the commission activity type with period management attributes

  • Commission activity type name

  • Inheritance indicator

    Indicates whether the activity type is inherited by all objects lower down in the hierarchy.

  • Default indicator

    Indicates an activity type as the standard specified activity type. There can only be one default value for every activity group.

Example structures for commission activity types:

Commission activity group

Commission activity type

Inheritance indicator

Default indicator

AB

New

Yes

No

AB

In-Force Business

Yes

Yes

AB

Completion

Yes

No

WG

Cancellation reset

Yes

Yes