NITESH ARORA
GURGAON
Summary
Possessing over 13 years of experience in General Insurance, my expertise encompasses Underwriting, Consulting, Insurance Placements, and Claims Consulting.
Overview
13
13
years of professional experience
Work History
Associate Manager
GMR Group
12.2019 - Current
- Working as part of Corporate Insurance Team for GMR Group from last 5 years.
- Current Responsibilities encompass comprehensively Understanding the Business Insurance requirements across various sectors (Aviation, Energy, T&UI, Corporate, Family, Joint Ventures) and suitably provide them Insurance Solution for Comprehensive Insurance Protection at Optimum cost. Additionally Supporting the Business in Claims Consulting from Initiation to Settlement.
- Assist in conducting Business in getting Valuation, Risk Inspection for Insurance.
- Foster robust relationship with Broker, Insurance companies, Internal stakeholders.
- Handling MIS etc.
Assistant Manager
Genpact
Gurgaon, HARYANA
08.2011 - 06.2019
- Backend Underwriting involves analyzing the raw information of properties and converting them into system acceptable format.
- Analyzing the data, Categorizing, Coding them as per standard operating procedure.
- Applying the terms of Limit and deductibles as per the request from Underwriter, completing the Underwriting from the system and sharing with Underwriter.
- Apart from Insurance Pricing work type mentioned above, also worked extensively in Clearance, Endorsement, Invoice etc across the years.
- Have Worked for North America as well as for APAC (4 years each).
- Have been to Australia for Onshore transition, meetings, relationship building exercises (Nov 2016, Sep 2017, June 2018).
- Effectively managed the assigned 10 members team for 3 years during 2017-19 for Pricing work type.
- Completed - Introduction to Underwriting in June 2013 from Insurance Institute of America.
Education
Associate in General Insurance - General Insurance
Insurance Institute of India
New Delhi, India03.2024
Insurance Institute of
Yamunanagar, Haryana01.2011
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R.K.S.D. College, Kurukshetra
Kaithal, Haryana01.2008
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Shah Satnam Ji Boys School, CBSE
Sirsa, Haryana01.2005
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S.S. Bal Sadan Sr Sec School, HBSE
Kaithal, Haryana01.2003
Skills
- Time Management
- Strong knowledge of General Insurance
- Problem Solving
- Independently handling
- Active Listening
- Data Analysis
Accomplishments
- Best Speaker in Panel Discussion for Budget 2011-12 in T.I.M.T.
- Got 1st position in Management Game held in T.I.M.T.
- Got 1st position in Mock Group Discussion held in T.I.M.T.
- Certificate for Industry Report on Banking from T.I.M.T.
- 1st Position in Add Mad Show in Farewell (T.I.M.T.), May 2011.
Languages
English, Hindi & Punjabi
Coursework
03/2011, 05/2011, FLIP-NCFM Equity Research Module
Jobachievements
- Got appreciations from client "Senior Underwriter, Country Manager, Operation Manager" for delivering work quickly and accurately during my visit to Sydney, Australia in June 2018 for a month.
- Got Voice of Peer Award, Best Process Trainee, Pat on the back, Catalyst, Bronze and Champ Awards (Genpact internal Awards).
- Got Spot Award in July 2021 for the various improvements done in GMR Group.
Kids
Two
Projects
Impact of Quarterly Earnings Announcement on Informational Efficiency of Indian Capital Market on Stock Prices and Earning Price/Share (EPS) of Banking Sector with Special Reference to HDFC, AXIS & ICICI BANKS for the 3rd Quarter of 2009-10 & 2010-11, Dissertation A Study on Asset-Liability Management and Seeing its Impact on Return (Net Interest Income) on the Basis of Capital Adequacy and Net Non-Performing Assets on Banking Sector with Special Reference to (HDFC Bank, AXIS Bank, HSBC Bank) for the Last 3 Years (2008-2010), Live Project
Personal Information
- Father's Name: Late Sh. Nand Kishore
- Mother's Name: Smt. Veena Arora
- Date of Birth: 11/10/1989
- Gender: Male
- Nationality: Indian
- Marital Status: Married
Certification
- Associate in General Insurance from Insurance Institute of India (Mar 2024).
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline
Associate Manager
GMR Group
12.2019 - Current
Assistant Manager
Genpact
08.2011 - 06.2019
Associate in General Insurance - General Insurance
Insurance Institute of India
Insurance Institute of
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R.K.S.D. College, Kurukshetra
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Shah Satnam Ji Boys School, CBSE
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S.S. Bal Sadan Sr Sec School, HBSE
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