Chief Manager - Distribution Compensation
Axis Max Life Insurance (company site, opens in a new tab)10–15 yrsRemoteDirect career pageEst. 20–35 LPA
Posted on 14 Sept
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Job description
Structured overview of role & requirements
About This Role
- Manage end-to-end distribution compensation processes including retail commission calculation, rewards management, GST expenses, and distributor payouts.
- Handle month-end finalisation and closure of commission expense provisions and ensure compliance with regulatory reporting and audit requirements.
- Drive automation and continuous improvement of distribution compensation processes with a focus on timely, accurate payouts and risk mitigation.
Minimum Requirements
- Post Graduate in Commerce and/or MBA.
- 10-15 years of relevant experience, preferably with exposure to insurance sector commission and finance processes.
- Strong proficiency in MS-Excel and MS-Access for complex calculations and process automation.
- Location: Home Office (Gurugram HO).
Ideal Candidate Profile
- Experienced finance professional with deep knowledge of insurance industry sales commission, reward structures, and regulatory compliance.
- Operationally focused on process optimisation, automation, and maintaining high accuracy under strict deadlines.
- Capable of collaborating with business teams and stakeholders to align compensation processes with business needs and risk management.