Education: Graduate / Post Graduate Ensuring timely and accurate payout:
Validating the data in terms of completeness and correctness
Ensuring the payout is shared as per agreed timelines
Getting end to end payout processed in coordination with Finance and distribution team Risk identification and control monitoring for incentive calculated by system
Verification of scheme calculation performed by Vendor is correct
Identification of the major risk involved in process and mitigating the risk by implementing controls
Ensuring Timely checks of various schemes and identification of process gaps
Ensure accuracy, TAT and timelines for the payout are adhered to Automation of payout processes and changes to the processes in liaison with vendor and business
Driving Vendor for end to end automation and ensuring all the projects are deployed as per timelines
Scheduling frequent calls with vendor and track development status
Provide inputs to Channels for payout simulations for current schemes
Helping sales strategy team for required calculations for implementation and feasibility of new schemes
BRD Preparation for any modifications in payout schemes Provision and budget management
Liaison with accounts team for provisions, coordinating with channel team for budgets
Liaison with HR team for TDS, hold cases, FnF, recovery and others
Ensuring provision matched with details of HR, Distribution channel and accounts Handling audits like IRDAI audits, Internal audits, statutory audits
Liaison with accounts team for provisions, coordinating with channel team for budgets
Liaison with HR team for TDS, hold cases, FnF, recovery and others
📌 Incentive Manager (Mumbai)
🏢 Kotak Life
📍 Mumbai
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