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Senior, niche insurance commission role at an established insurer reduces applicant competition.
Role demands insurance-specific commission, GST, reinsurance and regulatory expertise, limiting cross-industry transferability.
Explicit 10–15 years requirement plus insurance accounting, regulatory and automation skills enforce strict shortlisting.
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.
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).
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.