Role & responsibilities: 1. Commission Accounting & Financial Close • Lead monthly, quarterly, and annual closing activities relating to commission expenses. • Ensure timely and accurate accrual, provisioning, reconciliation, and reporting of commissions across channels and business segments. • Review commission payouts and validate accounting entries in line with company policies and accounting standards. • Partner with operations and business teams to ensure completeness and accuracy of commission-related data. 2. Management Reporting & Business Dashboard • Prepare and publish monthly management dashboards covering: • Segment-wise commission ratios • Product-wise commission trends • Channel-wise commission analysis • Budget vs Actual performance • Profitability and expense trends • Develop insightful MIS reports highlighting key performance indicators and emerging trends. • Present monthly performance analysis to senior management with recommendations and action areas. 3. Commission Analytics & Cost Management • Analyze commission spending patterns across products, channels, intermediaries, and business segments. • Identify opportunities for commission optimization while supporting business growth objectives. • Monitor commission efficiency metrics and recommend corrective actions. • Conduct variance analysis and root-cause investigations for significant deviations from budget or expected trends. 4. Regulatory Compliance & Governance • Monitor compliance with applicable IRDAI regulations and commission expenditure limits. • Establish controls to ensure actual commission spends remain within regulatory and approved internal limits. • Highlight compliance risks and work with stakeholders to implement corrective actions. • Support regulatory reporting requirements relating to commission expenses and distribution costs. • Maintain documentation and audit readiness for internal and external reviews. 5. Financial Planning & Analysis (FP&A) • Support annual budgeting and long-range planning processes. • Drive periodic forecasting and outlook submissions. • Prepare scenario analyses and business projections for management decision-making. • Evaluate the financial impact of changes in commission structures, distribution strategies, and product initiatives. • Support strategic business reviews and management presentations. 6. Business Partnering & Stakeholder Management • Collaborate closely with Distribution, Sales, Product, Actuarial, Underwriting, and Operations teams. • Influence business decisions through data-driven insights and financial analysis. • Support leadership reviews and board-level presentations as required. • Drive continuous improvement in reporting automation, controls, and analytics.