1. Updating the commission’s structure and grid in coordination with the sales verticals along with updating policy wise rates.
Query resolution related to commission of respective verticals. Sharing monthly / fortnightly statements in prescribed format to sales verticals.
2. Review MIS and data for IRDA purposes which is put together by the team on a monthly and quarterly basis.
3. Monitoring IRDA commissions and other expenses by overseeing the payments being made to the intermediaries and brokers as per the IRDA compliance.
4. Sharing of payout details and statements
5. Invoice approvals as per norms in system
6. Preparation of Yearly report to be filed with the IRDA along with sharing certification to corporate agents with a summary of how much business is done with them and amount of commission paid.
7. Attending to any escalations or complex queries that arise from agents or internal stakeholder with respect to commissions.
8. Being part of testing and suggesting process improvements in automation and other software implementations
Department
:
HO
Open Positions
:
1
Skills Required
:
Excel skills; Strong Financial Background
Location
:
HO
Education/Qualification
:
Graduate/ Post Graduate
Desirable Skills
:
1.Good communication skills. 2.Flexible & adaptable to change. 3.Well versed with MS Office. 4.Should have good analytical and problem-solving skills. 5.Should be aware of the Local language.
Years Of Exp
:
1 to 3 Years
Posted On
:
17-May-2022
Designation
:
Executive Commissions
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