Kotak Life Insurance - Compensation & Benefits Role

Key Responsibilities:

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 Sales Incentive Program

- Provisioning for incentive payout basis budget

- Run simulations basis sales performance for schemes

- Design incentive structures

- Analysis of competition incentives schemes

- Analysis of incentive earnings

- Ensuring timely calculation by the team

- Ensuring audit and payouts

- Ensure query resolution by the team