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Remote role at a known insurer and metro market increases competition despite niche insurance commission requirements.
Requires insurance-specific commission, IRDA and accounting expertise, limiting cross-industry transferability.
Explicit 8–10 years, insurance commission and regulatory expertise create stringent candidate filters.
Manage end-to-end distribution compensation processes including commission calculation, validation, disbursement, and month-end provisions closure.
Oversee commission and reward reconciliation, settlement, and regulatory & management reporting, ensuring compliance with internal policies and IRDA regulations.
Drive commission setup management, automation of premium & payout reporting, risk mitigation strategies, and support statutory and internal audits.
Post Graduate in Commerce and/or MBA.
8-10 years of relevant experience, preferably in insurance sector finance roles involving commission and reinsurance.
Strong accounting knowledge with proficiency in MS Excel and Access for complex calculations.
Experience in managing regulatory submissions related to commissions and rewards, specifically IRDA requirements.
Experienced finance professional with deep understanding of insurance sales processes, commission structures, and related accounting principles.
Demonstrated ability to manage complex financial reconciliation and stakeholder communications effectively.
Strong analytical and problem-solving skills with a focus on accuracy, compliance, and process improvements in a dynamic environment.