Kotak Life Insurance - Manager - Compensation & Benefits

Location : Mumbai

Experience : Min 2 years in Compensation & Benefits

Below is the JD:

1. End to end management of Compensation program for the organization including budgeting, provisioning, simulations and execution

2. Actively participate in Benchmarking exercise and design & implement competitive best practices

3. Managing Long Term Incentive Program

- Provisioning for incentive payout basis budget

- Run simulations basis sales performance for schemes

- Analysis of competition incentives schemes

- Analysis of incentive earnings

- Ensuring timely calculation by the team

- Ensure query resolution by the team

4. Ensuring audit and payouts