Summary
Overview
Work History
Education
Skills
Timeline
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Deepak Govitrikar

Senior Vice president, Head Business Development, Head New and Emerging Agency
Mumbai

Summary

Entrepreneurial and process driven Senior Management professional, with 25 years of experience in Health Insurance, Life Insurance & Telecom .Broad based experience in Agency Sales,Bancassurance,employee Benefit , Business development and Strategic-alliance, Retail Team Management and strategic planning.


Expertise in Project Management, Launching Business Operations , setting up business profit centres

Overview

24
24
years of professional experience

Work History

Head Business Development - New & Emerging Agency

Manipal Cigna Health Insurance Co Ltd
04.2018 - Current

Head Business Development and Alliances:

  • Responsible For acquiring Bank, NBFC, Digital, HFC, relationships
  • Onboarding, Tech Integration.
  • Manpower Alignment, Business initiations


Head –New & Emerging agency:

  • Responsible for Managing Vertical of FLS with Vintage of one month to three years for PAN India through hierarchy
  • Distribution augmentation and enhancement
  • Productivity Enhancement
  • Effective roll out of Variable agency Model TSE Model


Zonal Vice president – Agency (West & South) - April 2018 to May 2021

  • Commenced the business operations from premises to people in Tamilnadu, Karnataka, Kerala, Andhra Pradesh, Gujarat, Maharashtra and Madhya Pradesh.


Key Achievements:

  • Winner of annual leadership award - 2024
  • Five consecutive HOH Qualifier and Annual Award Winner
  • Three consecutive years Top Zone of Agency
  • Winner of New Business and Persistency Award for consecutive years


Business Head - EB,Group Fund & Strategic Alliance

IDBI Federal Life Insurance Co
08.2017 - 04.2018
  • Promoted products such as Employee benefit Products like Gratuity, Leave Encashment Funds in large corporate and SME/MSME segments.
  • To participate in various E Tendering process and prepared relevant documents in a close collaboration with finance, product and commercial teams.
  • Created and Implemented Cross FuncƟonal Team groups to enhance various processes and work flow.

Regional Head – West

Star Union Dai-ichi Life Insurance Company
08.2014 - 02.2017
  • Managing Variable Agency
  • Responsible for overall P&L and Business operations across 14 branches, Gujarat, Mumbai, Rest of Maharashtra, Vidarbha, Goa and Belgaum.
  • Managing Revenue of 15 CR Annually with 11 Branch Heads, 1 EA and 150 other members.
  • Provide leadership across multifunctional team in a collaborative manner to generate work synergies to give results and maximise operational efficiency.

AVP - Regional Manager, Rest of Maharashtra

IDBI Federal Life Insurance Co
12.2007 - 08.2014
  • Managing complete Profit Centre Operations of 10 branches spread across rest of Maharashtra & Goa
  • Responsible for launch and buildup of Agency in different market of Maharashtra & Goa
  • Responsible for launch of Variable Agency

Senior Manager (Branch Head) – Kolhapur

Birla Sun Life Insurance Company
01.2006 - 12.2007
  • Sole responsible for setting up branch operation in the assigned geography.
  • Channel Operations Management.

Cluster Prepaid Head - Solapur

Reliance Telecom
11.2002 - 12.2005
  • Responsible for setting up operations in 13 markets of Solapur Dist.
  • Setting up Distribution and managing revenews as profit center head.
  • Recipient of Chairman Award.

Executive - Prepaid

Idea Cellular
10.2000 - 10.2002

Education

Certification Course -

International Health & Leadership - Cigna
Dubai
04.2001 -

Certification Course - Professional Patterns of Leadership

Kinder Brothers USA
Mumbai, India
04.2001 -

MBA - Marketing And HR

Shivaji University
Solapur, India
04.2001 -

Bachelor of Science -

Shivaji University
Solapur, India
04.2001 -

Skills

  • Management & Leadership
  • Business operation and strategy
  • Forward thinking and Calculated Risk management Analysis

  • Adaptability
  • Key Partnership Development

Timeline

Head Business Development - New & Emerging Agency

Manipal Cigna Health Insurance Co Ltd
04.2018 - Current

Business Head - EB,Group Fund & Strategic Alliance

IDBI Federal Life Insurance Co
08.2017 - 04.2018

Regional Head – West

Star Union Dai-ichi Life Insurance Company
08.2014 - 02.2017

AVP - Regional Manager, Rest of Maharashtra

IDBI Federal Life Insurance Co
12.2007 - 08.2014

Senior Manager (Branch Head) – Kolhapur

Birla Sun Life Insurance Company
01.2006 - 12.2007

Cluster Prepaid Head - Solapur

Reliance Telecom
11.2002 - 12.2005

Certification Course -

International Health & Leadership - Cigna
04.2001 -

Certification Course - Professional Patterns of Leadership

Kinder Brothers USA
04.2001 -

MBA - Marketing And HR

Shivaji University
04.2001 -

Bachelor of Science -

Shivaji University
04.2001 -

Executive - Prepaid

Idea Cellular
10.2000 - 10.2002
Deepak GovitrikarSenior Vice president, Head Business Development, Head New and Emerging Agency