Chief Manager - Distribution Finance

Chief Manager - Distribution Finance - 9+ Years - Gurugram

Are you a seasoned finance professional with deep expertise in distribution compensation, commission accounting, and regulatory compliance within the insurance domain? This is a high-impact leadership role where you will drive end-to-end commission governance, automation, compliance, and business enablement while working closely with senior stakeholders. An excellent opportunity to contribute strategically to financial excellence and scalable growth.

Location : Gurugram

Your Future Employer : A reputed and fast-growing organization in the insurance sector, known for strong governance frameworks, digital transformation initiatives, and a high-performance culture. The organization offers a strategic finance role with visibility at senior leadership and board levels.

Responsibilities:

1. Manage end-to-end distribution compensation including retail commissions, rewards, GST expenses, and distributor payouts

2. Finalize month-end provisions for commissions, rewards, GST, and related expenses with high accuracy

3. Ensure timely and accurate commission and reward calculations, validation, disbursement, and provisioning

4. Perform variance analysis and present monthly insights on commissions, rewards, and payouts to senior management

5. Drive automation and continuous improvement of distribution compensation processes to reduce turnaround time

6. Enable business growth through effective implementation of new commission and reward schemes in collaboration with business teams

7. Ensure adherence to Board-approved commission policies and timely regulatory reporting, including IRDAI compliance

8. Manage statutory and internal audits with strong financial controls, documentation, and risk mitigation

Requirements:

1. Post Graduate in Commerce and/or MBA

2. 9+ years of relevant experience, preferably in the insurance sector

3. Strong knowledge of accounting principles, commission structures, and insurance sales processes

4. Hands-on experience in commission management, reward frameworks, and process automation

5. Proficiency in MS Excel and MS Access for complex calculations

6. Knowledge of regulatory requirements, reinsurance concepts, contracts, and settlement processes

7. Strong analytical, problem-solving, and stakeholder management skills

8. Ability to work independently in a fast-paced, high-accountability environment

What's in it for You:

1. Strategic leadership role reporting into senior finance leadership

2. High visibility and impact on business growth and governance

3. Opportunity to lead automation and transformation initiatives

4. Exposure to regulatory, audit, and board-level interactions

5. Stable, growth-oriented work environment with long-term career progression