Grid Management & Brokerage Analyst

Qualification: Graduate

Experience: 2

Location: Mumbai

Open Position: 1

Job Description

Job Description – Grid Management & Brokerage Analyst

Position Title: Grid Management & Brokerage Analyst

Department: Operations / Strategy

Key Responsibilities

• Manage and update insurer brokerage GRID entries in SIBRO on a monthly basis.
• Coordinate with insurance companies every month to collect updated brokerage structures, payout details, rewards, and commission grids.
• Prepare and maintain the centralized Master GRID File by the 1st of every month.
• Release updated Insurer Pay-in Master to Sales Heads and relevant stakeholders.
• Support the sales team in selecting suitable insurance products with better payout and income opportunities.
• Update POSP payout grids on a monthly basis and ensure accuracy.
• Validate brokerage GRID data against insurer brokerage statements and payout reports.
• Coordinate with insurers for correction of commission discrepancies, reward structures, and GRID mismatches.
• Maintain accurate records of insurer-wise commission structures and payout revisions.
• Ensure timely communication and coordination with internal stakeholders for GRID-related updates.
  
  

Required Skills

• Strong understanding of insurance brokerage and payout structures.
• Knowledge of SIBRO / brokerage management systems.
• Advanced Excel and data management skills.
• Good analytical and reconciliation abilities.
• Strong coordination and communication skills.
• Attention to detail and accuracy in data validation.
  
  

Preferred Experience

• 2–5 years of experience in Insurance Operations, Brokerage Management, or GRID handling.
• Experience working with insurance companies and payout reconciliation.
  
  

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