Dynamic Zonal Vice President at Kotak Mahindra Life Insurance, recognized for achieving 500% business growth. Expert in strategic planning and talent development, I excel in contract negotiation and business development, fostering strong stakeholder relationships to drive sustainable success. Proven leader with a track record of enhancing performance metrics and team engagement.
Overview
25
25
years of professional experience
Work History
Zonal Vice President
Kotak Mahindra Life Insurance Company
Bengaluru
03.2024 - Current
Managing Entire South India as Zonal Vice President for CAB Channel Handling TN, Kerala, AP, and Telagana & Karnataka.
Responsible for a Business of 100 Cr for FY 25-26 and Last year Achieved 500% of fy23-24 Business & Awarded as Phenomenal Starter for Fy 24-25.
Collaborated with senior management to develop strategic initiatives and long term goals.
Demonstrated proficient leadership skills to motivate employees and build competent teams.
Cultivated strong relationships with key stakeholders, including customers, vendors, regulators, and community leaders to promote collaboration and long-term success.
Identified opportunities to improve business process flows and productivity-Introduced New Partners who have contributed 35% of Last FY Business.
Negotiated high-value contracts that maximized profitability while mitigating risks for the organization.
Championed talent development programs, promoting employee engagement and retention while enhancing overall workforce capabilities.
Established a culture of continuous improvement, fostering innovation and driving sustainable growth across the organization.
Zonal Head
Turtlemint Insurance Broking Pvt Ltd
Mumbai
12.2022 - 02.2024
Heading Team of 120 Managers with 3 RM's,14 BMs for West Market comprising Maharashtra & Gujarat, Responsible for 50Cr+ business.
Considered and approved policies to support company initiatives and overall performance & improved performance across zone using sales metrics and performance reports.
Developed New Measuring tools and reports for proper tracking of Business which has increased the performance by 3 times of zone & the same is presented to NH-CBO.
Achieved 1000% Growth on YOY and Ranked No.1 on Business Growth Pan India.
Supported regional managers, BM’s for Overachieving their sales goals and processes for each region based on zone metrics and company objectives.
Recruited, interviewed and hired employees and implemented mentoring program to promote positive feedback and engagement resulting in with lowest attrition and Raked no.1 at Pan India Level.
Evaluated employee performance and conveyed constructive feedback to improve skills.
Set aggressive targets for employees to drive company success and strengthen motivation.
Cultivated positive rapport with fellow employees to boost company morale and promote employee retention.
Opened New and closed Non Performing locations and monitored shift changes to uphold successful operations strategies and maximize business success.
Leveraged data and analytics to make informed decisions and drive business improvements.
Regional Manager
Aditya Birla Sun Life Insurance Co Ltd
Mangalore
09.2020 - 08.2022
Heading a Team of 100 plus Managers with 11 AH, BH, BM's team for Karnataka, Kerala and Goa in South India and responsible for 30 Crore plus Business for Agency & APC Channel.
Build and maintained the Relationship with All TOP SUPER HNI, HNI & MDRT Advisors along with 500 plus Financial Advisors/APC to execute and get the desired Results.
Responsible for Business of Approx.40 Crore from Agency and Partner Channel.
Masterminded updates to workflows and revitalized teams to meet changing business needs and boost team member performance.
Improved customer experience by creating custom Concepts of investments for Different products.
Launched over 4 new locations based on potential and talent available and delivered 500% of Management expectations.
Built and deepened partnerships with industry leaders to strengthen collaborative efforts and promote mutual profitability.
Leveraged profit opportunities by recruiting top talent and managing brand image to exceed plan performance.
Developed sales strategy based on research of consumer buying trends and market conditions.
Developed promotional plans to complement national sales initiatives.
Associate Regional Manager
ICICI Prudential Life Insurance Co Ltd.
Bangalore
04.2017 - 07.2020
Managing team size of 08 BM's, Area Managers and Sales Managers indirectly leading 80 Financial Service Consultants team/55 Agency Managers entire South/North Karnataka.
Build and maintained Relationship with Zonal Head, Regional Head and 125 plus ICICI Bank BM's with over 141 bank branches across South/North Karnataka.
On YOY Grown by 200% on All Parameters Maintaining Persistency of 92% plus.
Guiding Managers to build effective relationships with Distribution Leaders, providing training to DLs to equip them with product knowledge.
Leveraging different sales drivers like partner productivity to deliver quality & profitable growth.
Tracking business performance metrics for territory assigned and conducting regular performance reviews against assigned target.
Liaising with teams to design & implement required interventions for specific Distribution Leader.
Aligning team members to people & business objectives of the company and ensuring that the team adheres to the highest standards of business quality and conducting business within the overall compliance framework.
Coaching and developing assigned team on products, selling techniques, various online/digital platforms and end-to-end business process and compliance norms.
Driving central sales initiatives for territory through communication forums and meetings.
Branch Manager
ICICI Prudential Life Insurance Co Ltd
Hubli
04.2014 - 03.2017
Conceptualized & implemented competitive strategies for growth of liabilities portfolio and achievement of branch revenue & profitability targets.
Handled a cluster of 3 branches along with team of Sales Managers with total team of 24 Senior Agency Manager & Agency Managers and Unit managers.
Facilitated business growth at branch level; drove business growth and through cross selling of Life Insurance.
Ensured accomplishment of branch goals; managed internal & external audits and compliance , Reviewed financial statements, sales & other performance data to measure productivity and goal achievement, Met deadlines by proactively managing individual and team tasks and streamlining processes.
Created strategies to develop and expand existing customer sales, resulting in increase in annual sales.
Launched new training program to boost employee skills and staff retention rate.
Maintained friendly and professional customer interactions.
Interviewed and hired talented individuals with top-level strengths, improving organizational talent, and skill set.
Engaged employees in business processes with positive motivational techniques.
Area Manager
ICICI Prudential Life Insurance Co Ltd
Belgaum
04.2011 - 03.2014
Developed sales strategy based on research of consumer buying trends and market conditions.
Transformed underperforming teams into productive, profitable teams.
Increased overall sales by 300% through capitalizing on new potential opportunities and developing and maintaining partnerships with new Partners.
Exceeded sales forecast figures by 200% regularly through superior customer care.
Directed workforce planning, customer retention and customer service management for multiple locations.
Resolved conflicts promptly to promote positive environment for customers.
Conducted training sessions to educate employees on best practices and procedures to increase profitability.
Dedicated to expanding client bases by building lasting relationships.
Modeled best practices for sales and customer service.
Met deadlines by proactively managing individual and team tasks and streamlining processes.
Executive Business Manager
ICICI Prudential Life Insurance Co Ltd
Belgaum
04.2008 - 03.2011
Directed a team of 167+ Financial Advisors and responsible for their training, managed primary underwriting and other R & R related details for Agency Channel.
Headed team of 12 Unit Managers; improved sales efficiency, developed new sales techniques, identified new ways to promote insurance in different segments of customers.
Involved in achieving branch sales targets, new business, surrender retention, renewal premium collection, branch profitability, safety & security, and maintained lower attrition of Sales & Ops team.
Created, managed, and executed business plan and communicated company vision and objectives to motivate teams.
Researched industry and marketplace trends to enhance sales techniques and meet customer needs.
Executed business plans to further strengthen and maximize territory sales and profits.
Spearheaded recruitment and hiring process and compiled training materials for new and existing team members.
Communicated with customers and vendors positively with particular attention to problem resolution.
Provided feedback on effectiveness of strategies, selling programs and initiatives and identified areas requiring improvement.
Assisted with hiring process and training of new employees.
Sr Agency Manager
ICICI Prudential Life Insurance Co Ltd
Belgaum
04.2006 - 03.2008
Hired 150 Advisors, trained and guided team to meet expected goals and set monthly agency goals and measured results vs. goals.
Built and maintained strong customer relationship by providing excellent customer services.
Identified performance improvement areas and provided recommendations.
Communicated agency performance levels including areas of concern to management.
Developed action plans for improving agency performance and followed all company and safety guidelines & policies.
Developed business improvement initiatives based on current market trends & competitors.
Unit Manager
ICICI Prudential Life Insurance Co Ltd
Belgaum
08.2005 - 03.2006
Mentored & monitored performance of team to ensure efficiency in process operations and achieved targets.
Created and sustained dynamic environment fostering development opportunities and motivated high performance amongst team member.
Achieved 500% of YOY target of last 23-24 with Kotak life & Awarded as Phenomenal Starter for 24-25.
Lowest Attrition with CAB for FY 24-25 Only 2%.
Highest Turnout of 13th Month Persistency from 69% to 87% in last 18 Months with Kotak life.
Introduced New IMF, Brokers who have Contributed 35% of Fy24-25 on New Business for Kotak Life.
Achieved 1000% growth over Last year and Raked No.1 Zonal Head Pan India on All Parameters with Turtlemint Insurance Broking in FY22-23.
Achieved Lowest Employee Attrition & Been Awarded with Dronayachar Award With Aditya Birla Sun Life.
Achieved Highest UM productivity of more than 5 policies in consecutive 6 months which resulted in with 21 promotions for FY 22-23.
Turnaround story on Insurer Sales from Bottom Insurer to Top 2 Insurer on Premium & Nop's and Recognized by Insurer as Premium and Nop Champion with Turtlemint.
Highest New Business Logged In of More than 25 Cr from Only Maharashtra in year23-24 and Overall 100 Cr Achieved in March Month with Turtle mint.
Recipient of CDO Star Club Achiever's Award in 2017, 2018, and 2019 for exemplary performance in New Business Premium with Ipru.
EVP Excellence Award (UNNATI) in 2015, 2016, and 2017 for all round performance.
Star Club Award in 2017 in Budapest (Europe) for premium and numbers.
Super Manager Award for overall performance in 2014, 2015, and 2016.
Passionate Manager and Top Manager Award for business generated in 2006, 2007, 2008, 2009, 2010, 2011 and 2012 on Branch, Cluster and Zone Level.
Highest Seller of Product Award for new product launched aqua-guard NOVA (total of 51 units sold in weeks' time at Eureka Forbes Ltd.)
Pivotal in securing 30 Distribution Leader (Business Partner) coding with a business generation worth INR 3 Cr in 1 st year of DL Channel.
Made significant contribution to Organization 25 Pinnacle Managers, 20 Star Club Advisors, 60 MDRT Advisors, 80 Gold Advisors & 10 Consultant Trainers.
Qualified for HOS Forum as Business Sourcing Manager.
Qualified for Silver Circle Club and Euro Olympics at national level and visited Nepal & Chennai at Eureka Forbes Ltd.
Registered track record of success in achieving business worth INR 1.81 Cr+ loan disbursement in 11/04 (highest ever loan disbursement at Karnataka till date at ICICI Bank Ltd. (Two Wheeler Loan Section).
Setup new locations for 2 wheeler loans at Belgaum District to spread reach for places like Gokak, Chikodi, Nippani, Bailhongal and Khanapur etc.
Imparted training to team on insurance products, customer service, process enhancement and up-selling skills.