Incentive Calculation - Manager

Job description

Hello, Greeting from **"Kotak Life Insurance"** Job Role - Incentive Calculation Location - Goregaon East Contact Person - Sangita Mandal (8369252270) Interested person can share there resume at **"sangita.mandal@kotak.com"** **Key Responsibilities** Incentive Program Management •Design and implement sales incentive structures tailored to insurance products (life, health, general). •Ensure incentive plans align with business objectives, regulatory requirements, and profitability targets. • Calculation & Reporting •Accurately calculate monthly/quarterly/annual incentives based on sales performance data. •Maintain automated tools, dashboards, and reports to track incentive payouts. •Validate data integrity and resolve discrepancies in sales records. • Data Analysis •Analyze sales trends and incentive effectiveness to recommend plan adjustments. •Provide insights to management on incentive-driven performance outcomes. • Compliance & Governance •Maintain audit-ready documentation of incentive calculations and approvals. • Collaboration •Partner with Sales, Finance, HR, and IT teams to streamline incentive processes. •Act as a point of contact for sales staff regarding incentive queries.