Manager - Motor Insurance Payout & Commission Analysis

6 - 11 years

6 - 12 Lacs

Posted:1 day ago| Platform: Naukri logo

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Work Mode

Work from Office

Job Type

Full Time

Job Description

About the Role

Ginteja Insurance Brokers Private Limited (Promoted by Shyam Steel Industries & Sastasundar).

Role & responsibilities

  • Collect, validate, and update

    Motor Insurance Monthly Payout Grids

    received from various insurers (TW, PCV, CV, Misc).
  • Analyse insurer payouts and

    compare commission slabs, OD/TP payouts, NCB structures, special schemes

    , etc.
  • Conduct

    market benchmarking

    to ensure our brokerage receives the best possible payout structures.
  • Negotiate payout terms with insurer partners in coordination with senior management.
  • Maintain a clean, updated database of

    state-wise, RTO-wise, vehicle category-wise

    payout revision history.
  • Prepare

    MIS reports

    , dashboards, and payout comparison summaries for internal teams.
  • Coordinate with Sales, Operations, and Insurer Relationship Managers for payout-related queries.
  • Support pricing discussions, special approvals, and exception management.
  • Ensure accuracy and timely communication of payout changes to internal stakeholders.

Preferred candidate profile

  • Graduate/Postgraduate in any discipline (MBA preferred).
  • 4+ years of experience

    in Motor Insurance or General Insurance (Broker/Distributor/Insurer).
  • Strong understanding of

    Motor Insurance product, payout structure, commission grids, and RTO classifications

    .
  • Excellent knowledge of

    Excel (VLOOKUP, PIVOT, IF, MATCH, Logical formulas, MIS building)

    .
  • Ability to analyse large datasets and prepare logical comparisons.
  • Strong negotiation, communication, and coordination skills.
  • Ability to work under time pressure and manage multi-insurer payout updates.

What We Offer

  • Competitive salary + yearly performance bonus
  • Opportunity to work closely with senior leadership
  • Dynamic work environment with growth opportunities
  • Exposure to insurer relationships and strategic negotiations

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