Summary
Overview
Work History
Education
Skills
Affiliations
Additional Information
Software
Certification
Timeline
Generic

Manjunatha S

Associate Vice President - Insurance
Bengaluru,KA

Summary

Talented Associate Vice President with excellent New Busniess development, customer service and Business analytics skills coupled with more than 12 years of experience. Comfortable giving engaging presentations to clients to drive new business, expand accounts and establish brand profile. Excellent team builder and leader of initiatives.

Strategic-thinking experienced in supporting corporate initiatives and promoting brand by attending trade shows and client meetings. Offers engaging and pleasant personality with expertise improving customer relationships. Dynamic business builder with astute negotiation skills. Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals.

Overview

12
12
years of professional experience
7
7
years of post-secondary education
4
4
Certificates
1
1
Language

Work History

AVP - Insurance Manager

KOTAK MAHINDRA GIC LTD
Bangalore, Karnataka
09.2018 - Current
  • Responsible for agency business development including 1 crore activities of Agent Recruitment, Training.
  • Responsible for Handling Agency , Brokers and Dealership channels for Bangalore and Rest of Karnataka
  • Supporting channels to delivery and drive new business opportunities and develop new client networks - for new business development plan
  • Collaborated with VPs in order to grow business partners through prospecting, enrolling and follow-up activities
  • Promoted and led performance enhancement culture by actively coaching and mentoring direct reports
  • Helped VPs add value and growth to annual sales volume
  • Develop and maintain strong relationships with existing and new clients and channels
  • Provide risk management advice and comprehensive insurance knowledge to clients and channels
  • Maintain industry/market knowledge updating to channels
  • Provide outstanding and efficient service to all channels and clients
  • Being key participant for new business development across broad sector of clients and channel
  • Partnering with firm's stakeholders and their clients to assess risk profiles and design insurance solutions to best suit their insurable risks

ACHIEVEMENTS:

  • Responsible for Top Line achievement including core activities of, Training and Activity Management
  • Ensure renewal retention of 70% of retail business and 50 % in corporate business
  • Ensuring below 50% Loss ratio for state
  • Achieve individual as well as channel budgets for - Premium, Productivity in terms of Premium & Active Agents of individual employees, LOB mix, Loss ratio and Acquisition cost
  • Coordinate with Trainers to provide necessary training to agents as and when required
  • Monitor MIS to minimize / reduce loss making business
  • Improvement of renewal ratio motivate and lead teams to ensure delivery on time .
  • Spearheaded cross-functional initiatives across departments to achieve business goals for bottom-line profits.
  • Communicated business concepts and expected functional behavior to developers and other stakeholders
  • Resolved issues and recommended actions based on production and compliance reports
  • Spearheaded cross-functional initiatives across departments to achieve business goals for bottom-line profits
  • Managed company budget by designing complex financial model to track and validate expenses
  • Identified opportunities to improve business process flows and overall departmental productivity
  • Evaluated product development strategies and prepared alternative approaches to exceed goals
  • Attended trade shows and client meetings, promoting company brand and building rapport with prospects and partners
  • Hired and managed employees to maximize productivity while training staff on best practices and protocols

Area Sales Manager

IFFCOTOKIO GENERAL INSURANCE COMPANY LTD, AGENCY VERTICAL INCHARGE
Bangalore, KA
08.2015 - 09.2018
  • Handling team of 12-15 members with Annual business of 35 CR with non motor business
  • Top AVI in agency recruitment with POS and IRDA agent for 2 years
  • Conducting agent training on regular basis on non motor line of business
  • Spearheading sales and marketing activities, managing around 220 advisors daily for sales and monitoring and dealing in all kind of general insurance products
  • Driving sales efforts for attainment of periodical targets with view to optimize revenue and achieving business excellence through agency sales
  • Monitoring speedy resolution of advisor and consumer queries & grievances to maximize satisfaction levels.
  • Created plans and communicated deadlines to ensure business target were completed on time- achieved 100 % of target in all year with parameter of different products .
  • Used critical thinking to break down problems, evaluate solutions and make decisions.
  • Resolved problems, improved operations and provided exceptional service
  • Developed and implemented performance improvement strategies and plans to promote continuous improvement
  • Used Microsoft Word and other software tools to create documents and other communications
  • Developed team communications and information for meetings
  • Proved successful working within tight deadlines and fast-paced atmosphere
  • Delivered [Product or Service] to customer locations within specific timeframes
  • Maintained excellent attendance record, consistently arriving to work on time
  • Adhered to social distancing protocols and wore mask or face shield
  • Created plans and communicated deadlines to ensure Business booking were completed on time
  • Participated in continuous improvement by generating suggestions, engaging in problem-solving activities to support teamwork
  • Worked flexible hours; night, weekend, and holiday shifts
  • Actively listened to customers, handled concerns quickly and escalated major issues to supervisor
  • Offered friendly and efficient service to customers, handled challenging situations with ease
  • Participated in team-building activities to enhance working relationships
  • Drove operational improvements which resulted in savings and improved profit margins
  • Created spreadsheets using Microsoft Excel for daily, weekly and monthly reporting
  • Hired, trained and managed sales staff and administered and implemented compensation plan to support area sales goals.
  • Forecasted sales of 12 crore in 2015 to 35 crore in 2018 and set successful policies to achieve sales objectives and related metrics.
  • Created effective strategies to target new markets after researching and analyzing competitor behavior.
  • Coached sales associates in product specifications, sales incentives and selling techniques, significantly increasing customer satisfaction ratings.
  • Worked diligently to resolve unique and recurring complaints, promoting loyalty and enhancing operations.
  • Held weekly meetings with agents to identify techniques to overcome sales obstacles.
  • Developed innovative marketing campaigns to increase engagement with target demographic and drive brand exposure.
  • Conducted regular ride-alongs with sales staff to review policy and procedures and benchmark best practices.
  • Established strong relationships with major accounts and key decision-makers to increase sales in designated territory.
  • Formulated tactics and strategies to target new potential customers within prioritized markets.
  • Strengthened health and non motor sales 12 % with effective team leadership and staff development strategies.
  • Exceeded targets by building, directing and motivating high-performing sales team.
  • Introduced new product to market, helping to increase profits by $[Amount].

Sales Manager

HDFC ERGO GENERAL INSURANCE COMPANY LTD
Bangalore, Karnataka
02.2011 - 08.2015
  • Managed order cycle to enhance business development and maintain sustainability and customer satisfaction.
  • Initiated new sales and marketing plans for product roll-outs, distribution and media strategy.
  • Monitored metrics and marketing investments to assess performance and implement continuous improvements.
  • Developed innovative marketing campaigns to increase engagement with target demographic and drive brand exposure.
  • Delivered engaging sales presentations to new clients, explaining technical information in simplified language to promote features and increase client base.
  • Increased monthly gross sales from 30 - 35 Lac to 75 Lac and exceeded goals for sales, revenue and profit margins

Relationship Manager

CHOLAMANDALAM MS GIC LTD. Bangalore
Bangalore, Karnataka
04.2010 - 05.2011
  • Monitored issues carefully and reached out to customers to provide immediate resolution and maintain satisfaction.
  • Generated new business and referral clients in partnership with financial advisors and branch team.
  • Utilized prospecting techniques to identify potential clients and create opportunities to sell financial services.
  • Communicated regularly with clients to understand needs, evaluate current product use and cross-sell new products.
  • Establish multiline agency channel of operations.
  • Supported branch manager with team initiatives, resulting in 200% increase in new business to do 3 crore yearly.
  • First employee to become On roll to MS CHOLA in last 2 years .
  • Used effective sales strategies to convince clients to accept proposals, resulting in increase of more than 1.5 crore in new business per year.

Education

MBA - Marketing And Sales

MVIT COLLEGE, Visvesvaraya Technological University
Benglore
06.2006 - 06.2008

Bachelor of Science - Biotechnology

J S S College of Science, Arts, Mysore University
Mysore
06.2003 - 06.2006

GED -

Nisarga PU College, SVVK High School Affiliated To Karnataka Secondary Education Board
Kollegala
06.2001 - 06.2003

Skills

    Customer service & client relationships

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Affiliations

Licentiate from INSURANCE INSTITUTE OF INDIA Waiting to clear W01 – Award in general insurance (NON – UK) for RQF LEVEL 3 01 – Insurance Principles IF5 – Motor insurance IF2 – General insurance Business IF3 – Insurance underwriting Process IF7 – Health insurance Products Waiting for Associateship for 30 point more for 250 from insurance institute of INDIA 1which is equal to Associate CIP OF ANZIIF Certified Anti Fraud investigator - iii india and North America training Institute. Certificate on Forensic science on fraud investigation program. Individual member INSTITUTE OF ACTUARIES OF INDIA Individual member – INSURANCE INSTITUTE OF INDIA

Additional Information

Licentiate from INSURANCE INSTITUTE OF INDIA

CII level papers cleared till date

IC 01: Principles of Insurance An exemption from (W01) Award in General Insurance*

IC 11: Practice of General Insurance - An exemption from (IF2) General Insurance Business

IC 72 – Motor insurance An exemption from (IF5) Motor insurance products

IC 45– General insurance Business - An exemption from (WUE) Insurance underwriting (non-UK)

IC 27 – Health insurance Products - An exemption from (IF7) Indian healthcare insurance products

Other papers cleared in Associateship from insurance institute of India

IC 78 – Miscellaneous insurance- Pet insurance , home insurance and bundle of 12 products .

IC 74 – Liability insurance

Pursuing Associateship from insurance institute of INDIA which is equal to Associate CIP OF ANZIIF

Individual member INSTITUTE OF ACTUARIES OF INDIA

Individual member – INSURANCE INSTITUTE OF INDIA

Software

MS Office

Microsoft Excel

Basic Microsoft PowerPoint

Basic Microsoft Outlook

Manage Your Tasks

Certification

Insurance Licensed - III

Timeline

CIAFP-Antifraud Certificate

12-2021

Associate Pursuing - 1 paper left

12-2021

Forensic Science in Insurance Training

10-2021

Insurance Licensed - III

06-2021

AVP - Insurance Manager

KOTAK MAHINDRA GIC LTD
09.2018 - Current

Area Sales Manager

IFFCOTOKIO GENERAL INSURANCE COMPANY LTD, AGENCY VERTICAL INCHARGE
08.2015 - 09.2018

Sales Manager

HDFC ERGO GENERAL INSURANCE COMPANY LTD
02.2011 - 08.2015

Relationship Manager

CHOLAMANDALAM MS GIC LTD. Bangalore
04.2010 - 05.2011

MBA - Marketing And Sales

MVIT COLLEGE, Visvesvaraya Technological University
06.2006 - 06.2008

Bachelor of Science - Biotechnology

J S S College of Science, Arts, Mysore University
06.2003 - 06.2006

GED -

Nisarga PU College, SVVK High School Affiliated To Karnataka Secondary Education Board
06.2001 - 06.2003
Manjunatha SAssociate Vice President - Insurance