Senior Manager-Finance | Life Insurance

We have an urgent opening for the position of Senior Manager-Finance in one of the leading Life Insurance Company .

• Review and validate various data points, performance metrics and eligibility criteria of Rewards
• Calculations basis predefined reward structure/ agreements
• Reconcile account balances of commission payable, Agent Disbursement Account, Write Off/Write Back account, ensuring that all transactions are correctly recorded and discrepancies are resolved promptly
• Communicate with stakeholders on commission not calculated and timely set-up of rates
• Ensure and Validate commission setup at defined interval for accurate and timely identification of gaps.
• Ensure timely validation of commission not setup in system and ensure adequate provisions are booked in books of account.
• Ensure compliance with financial regulations and internal control procedures
• Ensure proper documentation and control, Review financial transactions, invoices and expenses to ensure accuracy and compliance
• Monitor and assess the financial risks associated the process and implement risk mitigation strategies to minimize potential financial exposure