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Remote role and known insurer brand versus niche compensation specialization drives moderate competition.
Insurance commission processes and IRDA regulatory knowledge limit transferability across industries.
Regulatory compliance, IRDA reporting and domain-specific commission processes require strict domain expertise.
Manage end-to-end distribution compensation processes including commission and reward calculations, validations, disbursements, and month-end provisions closure.
Reconcile commission accounts, ensure timely payments, handle regulatory reporting including IRDA submissions, and maintain compliance with financial regulations and audit requirements.
Oversee distribution commission setup management, automate premium and payout reporting, and implement risk mitigation strategies related to financial exposures in compensation processes.
Experience Required: Not explicitly mentioned in the JD
Mandatory domain: Distribution compensation and commission management in insurance sector
Location Requirement: Gurugram (Home Office Branch)
Knowledge of regulatory requirements (IRDA), GST reconciliation, and audit handling.
Experienced professional with expertise in finance functions related to insurance distribution compensation, commission processes, and regulatory compliance.
Strong operational focus on managing accurate and timely commission payments with stakeholder communication skills.
Ability to handle audit processes, risk management, and automation of reporting in financial compensation context.