Narender Vusthila Reddy
Hyderabad
Summary
Goal-oriented finance and insurance professional with 20+ years of experience. Proactive problem solver with strong time management skills. Demonstrated success in building relationships, cultivating partnerships, and driving business growth. Track record of achieving high sales revenues, market penetration, and territory expansion.
Overview
20
20
years of professional experience
Work History
Regional Sales Manager
Invoq Loop Insurance Brokers Pvt Ltd
Hyderabad
07.2024 - Current
- Developed strategies and plans for regional sales growth.
- Analyzed regional sales performance data to develop actionable insights.
- Collaborated with the product development team to create new products tailored to local markets.
Assistant Vice President
Prudent Insurance Brokers Pvt Ltd
Hyderabad
12.2021 - 07.2024
- Developed and implemented sales strategies to increase market share.
- Analyzed competitor pricing and positioning in order to develop competitive advantage.
- Identified new business opportunities through market research.
- Partnered with leadership teams across multiple departments in order to meet organizational objectives.
- Delivered sales presentations to high-level executives and decision-makers.
- Monitored market trends, competitor activities, and product developments to adjust sales strategies accordingly.
- Attended industry events, conferences, and tradeshows to network and generate new business leads.
- Created sales forecasts and budgets for the annual planning process.
Sr. Manager
Alliance Insurance Brokers PvtLtd
Hyderabad
06.2019 - 07.2021
- Spearheaded growth initiatives for diverse business clients, i.e., Corporate, SMEs, and startups.
- Handled RFQ preparation, negotiation, and business placement
- Post Placement Services.
- Provided training for new sales staff members on company policies and procedures. Developed skills in newcomers through mentorship
Manager
Howden Insurance Brokers PvtLtd
04.2016 - 05.2019
- Preparing an underwriting submission.
- Obtaining a quote and negotiating terms with underwriters.
- Analyzed existing policies and coverage levels to ensure compliance with changing regulations.
- Managed the claims process, including reviewing, negotiating, and settling claims.
- Created reports for senior management on the performance of the insurance portfolio.
Manager
Visista Insurance BrokingServices Pvt. Lid
12.2014 - 03.2016
- Corporate Client Acquisition
- Accessing & Understanding a Client's Loss Exposure
- Preparing an Underwriting submission
- Obtaining quote and negotiating terms with Underwriters
- Providing Administrative follow up, such as issuance of Insurance certificate, checking invoice, audits and premium adjustments and revising policies if required.
- Vigilant for policy-affecting alterations and advise adjustments
Sr. Manager
Bharat Re-Insurance BrokersPvt. Ltd.
10.2010 - 11.2014
- Banca Channel 10+ bank branches (CUB).
- Managed operations across 4 regions (SCUF) with over 50 branches.
- Assisted agents in developing client relationships through networking events and seminars.
- Guided agents in navigating complex cases involving multiple policies or products.
- Kept up-to-date with current laws and regulations in the insurance industry
- Planned promotional campaigns designed to increase brand awareness among target audiences.
- Conducted regular training sessions with agents to ensure compliance with insurance regulations.
Vice President Corporate Sales
Systematix Shares Pvt. Ltd
Mumbai
06.2008 - 09.2010
- Developed relationships with clients in order to gain a better understanding of their goals and needs.
- Analyzed client's financial situations, objectives, and risk tolerance to develop investment strategies.
- Acquisition of Corporate & Bank.
- Developed financial models and performed detailed analysis to identify potential investment opportunities.
- Conducted due diligence, including researching industry trends and analyzing company performance, to assess the value of prospective investments.
- Reviewed client accounts regularly to ensure that portfolio allocations were consistent with stated objectives.
- Attended conferences, seminars and webinars to stay up-to-date with industry regulations.
- Completed and submitted grant applications to secure project funding.
Manager Corporate Sales
DBS CholamandalamManagement Company
Mumbai
04.2006 - 05.2008
- Sales, Portfolio Recommendation & Coordination for Purchase Redemption. Corporate Clients & Nationalised Banks
- Developed and maintained relationships with clients to promote mutual fund products.
- Collaborated with financial advisors to provide advice on appropriate investments for clients.
- Maintain Relationship with National level Corporate Distributors & Bank for Promoting our funds and feedback on new products.
- Conducted asset audits to ensure the accuracy of records.
- Assisted in creating marketing materials, including brochures and presentations.
- Attended conferences and industry events to stay informed of new developments in the field.
- Prepared investment proposals based on customer objectives, risk tolerance, and time horizons.
Relationship Manager
Cetrum Direct Lid
01.2005 - 03.2006
- Investment Advisory for HNI/RetailClients with Mutual Fund/Insurance (Life/NonLife), IPO and Bonds Product.
- Developed and maintained strong relationships with clients to ensure satisfaction and loyalty.
- Created marketing materials and presentations for prospective clients.
Education
PGDBA - Sales Management,Organizational Behaviour,Consumer Behaviour,Service Marketing,Advertising and SalesPromotion etc
SIES College ofManagement Studies(Autonomous)
01.2005
B A Economics - Macro Economics, MicroEconomics, ManagerialEconomics, FiscalEconomics.
University of Madras
01.2002
HSC - Economics, Geography,History, English and Hindi
Kendriya Vidhyala No 2IAF Avadi, Chennai
01.1999
SSC - Mathematics, Science,Social Science, English andHindi
Kendriya Vidhyala No 2APS ColonyNew Delhi
01.1997
Skills
- Good Inter-Personal Skills
- Upselling and Cross Selling
- Cross-functional team leadership
- Sales Leadership
- Sales initiatives and techniques
- Corporate presentations
- Constantly striving for self-development
Languages
Telugu
First Language
English
Proficient (C2)
C2
Hindi
Proficient (C2)
C2
Tamil
Upper Intermediate (B2)
B2
Marathi
Intermediate (B1)
B1
Timeline
Regional Sales Manager
Invoq Loop Insurance Brokers Pvt Ltd
07.2024 - Current
Assistant Vice President
Prudent Insurance Brokers Pvt Ltd
12.2021 - 07.2024
Sr. Manager
Alliance Insurance Brokers PvtLtd
06.2019 - 07.2021
Manager
Howden Insurance Brokers PvtLtd
04.2016 - 05.2019
Manager
Visista Insurance BrokingServices Pvt. Lid
12.2014 - 03.2016
Sr. Manager
Bharat Re-Insurance BrokersPvt. Ltd.
10.2010 - 11.2014
Vice President Corporate Sales
Systematix Shares Pvt. Ltd
06.2008 - 09.2010
Manager Corporate Sales
DBS CholamandalamManagement Company
04.2006 - 05.2008
Relationship Manager
Cetrum Direct Lid
01.2005 - 03.2006
PGDBA - Sales Management,Organizational Behaviour,Consumer Behaviour,Service Marketing,Advertising and SalesPromotion etc
SIES College ofManagement Studies(Autonomous)
B A Economics - Macro Economics, MicroEconomics, ManagerialEconomics, FiscalEconomics.
University of Madras
HSC - Economics, Geography,History, English and Hindi
Kendriya Vidhyala No 2IAF Avadi, Chennai
SSC - Mathematics, Science,Social Science, English andHindi
Kendriya Vidhyala No 2APS ColonyNew Delhi
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