What are we looking for?
Entire Secondary Compensation workflow to be managed for Business Channel
Incentive Scheme, Contests and Performance Management Plans need to be analysed for any Gaps
Understand hierarchies and check for any anomalies in computation sheet
Translate Product credit from PDF to Excel Master to be checked manually
Checking of Inputs files, Targets, Classification, SMP
Rule master for scheme and Rating Master for Performance Management to be analysed for accuracy
Manage Overall Ratio sheet for budget tracking
All Checks to be done at Update to Final Results Phase
Maintain tracker of observations and corrective actions
Maker Checker Checklist updation for all Channels
Suggest improvements in Systems to ensure zero repeat mistakes
Payment tracking for submission and actual payout
Do Root Cause analysis and present the findings in a weekly review

What does the job entail?

Understand, Check,



report findings and implement changes for reduction of gaps for Secondary compensation Plans of HDFC Bank Channel and their subchannels (STAR/ PM, Incentives, Contest) Engage with Channel SPOC, Channel Management and Regional Leadership to increase visibility and effectiveness of Secondary Compensation plan with timely updates and results.

Taking ownership and responsibility to drive the channels managed along with stakeholder’s expectation management and solid collaborative skills.

Work Experience

10 years+ preferably in Life Insurance

Essential Qualification
Graduate/ Post Graduate

Preferred Skills

Highly proficient in MS Excel, Solid Domain Knowledge, Additional system intelligence like SAP, Qlik Sense, Lifeasia, Power Point Presentation and solid communication skills will be added advantage. In-depth knowledge on Business Channel KPIs and their interdependency as per experience gathered in the industry will be needed.

📌 Manager Business Insights Mumbai (India)
🏢 HDFC Life
📍 India