Experienced Insurance Professional | Skilled in Client and Risk Management | Strategic Decision Maker | Team Player with 10 Years of Experience
Mumbai
Summary
Goal-oriented Insurance Manager with over 10 years of distinguished industry experience and proven leadership abilities. Expert in enhancing productivity and customer satisfaction while driving revenue and sales growth. Committed to streamlining procedures and optimizing employee talent to achieve organizational goals. Demonstrated success in implementing effective strategies to boost performance and deliver high-quality results.
Overview
10
10
years of professional experience
Work History
Area Manager
Royal Sandarac General Insurance Co
07.2023 - Current
Developed strong relationships with clients and intermediaries, leading to increased customer satisfaction and repeat business.
Managed daily operations for optimal performance, ensuring timely completion of tasks and projects.
Improved overall efficiency by identifying areas in need of improvement and implementing necessary changes.
Coordinated with various departments to facilitate smooth communication, enhancing operational effectiveness.
Mentored junior staff members, providing guidance on best practices and professional development opportunities.
Analyzed market trends to inform decision-making processes regarding product offerings and pricing strategies.
Key Accomplishments:
Consistently met and exceeded assigned targets, receiving an "Achieved" rating during company appraisals.
Leveraged strong networking skills to successfully activate new premium revenue avenues.
Manager
IFFCO TOKIO General Insurance Company
04.2019 - 06.2023
Manage corporate lines of insurance sourced through intermediaries, corporate agents, clients, etc.
Facilitate interactions between clients, brokers, underwriting, and claims teams, keeping clients and intermediaries updated on brand and market developments.
Identify potential partnerships that drive successful proposal closures, focusing on partners with preferable lines of business.
Identify key accounts, particularly in Liability and Property lines of business, and collaborate with Underwriting and Reinsurance teams to secure the best rates.
Engage in claim monitoring to achieve maximum profitability and growth aligned with company goals.
Conduct and participate in trainings and seminars, both in-house and external, to stay updated on recent developments in the insurance sector.
Participate in Risk Inspection and Post Loss Inspections to understand client requirements closely.
Key Accomplishments:
Successfully activated new intermediaries in preferable segments like Liability, leading to substantial premium contributions.
Boosted intermediary and client confidence in the brand through continuous interactions with the underwriting team and senior management.
Achieved successful cross-selling of products, enabling portfolio diversification.
Played a key role in the success of a new and emerging branch. interactions between clients, brokers, underwriting, and
Assistant Product Manager
IFFCO TOKIO General Insurance Company
07.2014 - 03.2019
Collaborated with cross-functional teams to ensure smooth product rollouts and successful launches.
Assisted in establishing pricing strategies, ensuring competitiveness within the market while maintaining profitability goals.
Presented detailed reports on product performance metrics to senior management, identifying areas for growth and opportunities for optimization.
Spearheaded strategic communication plans for various campaigns, including internal and external communications to promote insurance products to potential intermediaries and customers.
Designed and deployed marketing strategies, customizing approaches for intricate products like Jewelers Block Policy (JBP).
Worked closely with reinsurer and reinsurance team to arrange support for risks beyond treaty limits.
Adopted and enforced best practices, policies, and procedures in line with company ethos.
Key Accomplishments:
Achieved techno-marketing targets across all completed fiscal years.
Diversified product portfolio by signing new clients and intermediaries for newly developed products.
Successfully cross-sold policies in collaboration with intermediary companies.
Converted premiums, earning appreciation from business head.
Led marketing and underwriting efforts to enhance premium outflow from promising intermediaries.
Selected by the organization to represent at the prestigious Hong Kong Gem and Jewellery Show in 2019 for excellent performance.
Education
Master of Science - Insurance
National Law University
Jodhpur, India
04.2001 -
Bachelor of Engineering - Electrical Equipment Installation And Repair
University of Mumbai
Mumbai
04.2001 -
Skills
Client Relationship Management : Expertise in building and maintaining strong client relationships to enhance satisfaction and retention
Communication Skills: Excellent verbal and written communication skills for effective interaction with clients, brokers, and internal teams
Regulatory Compliance: Knowledgeable about insurance regulations and compliance requirements to ensure adherence to legal and ethical standards
Analytical Skills: Strong analytical abilities to evaluate data, assess market trends, and develop actionable insights for business improvement
Insurance Product Knowledge: In-depth understanding of various insurance products, including Property, Marine, Liability, and Employee Benefit Policies
Strategic Decision Making: Skilled in making informed decisions that align with company goals and drive business growth
Risk Management: Proficient in identifying, assessing, and mitigating risks to ensure comprehensive coverage and minimize potential losses
Interests
Reading Novels
Binge Watching
Timeline
Area Manager
Royal Sandarac General Insurance Co
07.2023 - Current
Manager
IFFCO TOKIO General Insurance Company
04.2019 - 06.2023
Assistant Product Manager
IFFCO TOKIO General Insurance Company
07.2014 - 03.2019
Master of Science - Insurance
National Law University
04.2001 -
Bachelor of Engineering - Electrical Equipment Installation And Repair