About Axis Max Life

Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Ltd., is a joint venture between Max Financial Services Limited (“MFSL”) and Axis Bank Limited.

Axis Max Life Insurance offers comprehensive protection and long-term savings life insurance solutions through its multi-channel distribution, including agency and third-party distribution partners. It has built its operations over two decades through a need-based sales process, a customer-centric approach to engagement and service delivery, and a well-trained human capital.

Axis Max Life has been consistently ranked among the best workplaces by the GPTW Institute, reflecting its commitment to creating a positive and empowering work environment.

#ComeAsYouAre LGBTQIA+ and PwD candidates of all ages are encouraged to apply

Job Description:

KEY RESPONSIBILITIES

1. Calculate, validate, and process employee incentive payouts accurately and within defined timelines.

2. Maintain and update incentive structures, policies, and performance metrics.

3. Coordinate with Distribution Team and HL and other relevant functions to collect, calculate and verify performance data.

4. Resolve employee queries related to incentive calculations and payments.

5. Monitor incentive program effectiveness and recommend improvements.

6. Identify opportunities to automate manual processes related to incentive calculations, employee performance tracking and Statements also provide user training within team.

7. Develop dashboards,



and reports using appropriate tools.

8. Analyze trends and provide actionable insights to management.

9. Maintain audit records and support internal and external audits by providing required documentations.

10. Ensure compliance with company policies and applicable regulations.

Measure of Success:

1. Accuracy and Delivery timelines as per SLA agreed with HR and cross function teams

2. Reduction in manual effort and processing time.

3. Manday’s Savings with the help of Automations

4. Audit ratings with no major observations from statutory and Internal auditors

5. Feedback from Team Members and Other functions

6. Employee satisfaction regarding incentive-related queries.

Desired qualifications and experience:

- Graduate or post graduate with minimum experience of 5-6 years

- Experience with automation tools such as Power Automate, VBA, SQL, Python, or similar technologies.

- Strong analytical and problem-solving abilities.

- Excellent communication and stakeholder management skills.

- Ability to handle pressure and work in a competitive environment

- To work closely and build constructive relationship with stakeholders across the organization

- Creative and solution mindset to drive processes

- Ability to work independently and/or with team to deliver on time

- Enable process excellence across work profile

State:

Home Office

Branch:

Gurugram HO

Department:

Finance

Function:

Finance - Distribution Compensation

Posted On:

25-Jun-2026

📌 Deputy Manager - Distribution Compensation (India)
🏢 AxisMaxlife
📍 India