Palaksha Reddy
STATE HEAD
Bellary
Summary
Professional manager with strong background in leadership and operations. Proven ability to drive results through effective team collaboration and strategic planning. Skilled in optimizing resources, managing budgets, and adapting to changing business needs. Known for reliability, effective communication, and fostering high-performance culture.
Overview
13
13
years of professional experience
5
5
years of post-secondary education
4
4
Languages
Work History
STATE HEAD
FINIZONE INSURANCE
Bellary, India
04.2024 - Current
- Streamlined operations by identifying inefficiencies and implementing process improvements.
- Wrote division policies and coordinated implementation to improve operations.
- Supported the successful launch of new products by coordinating marketing campaigns and promotional events across the region.
- Tracked performance to identify deficiencies and adjust management strategies.
- Managed a team of sales representatives, providing guidance and support for their professional growth.
- Increased overall sales by implementing strategic marketing plans and optimizing regional resources.
- Established performance goals for employees and provided feedback on methods for reaching those milestones.
Area Head
Turtlemint
Bellary, India
12.2021 - 03.2024
- Planned and implemented growth strategies.
- Revamped outdated operational procedures which positively impacted overall workflow efficiency within the area.
- Analyzed key performance indicators to identify trends and areas for improvement within the department.
- Streamlined internal communication channels, facilitating improved information sharing among employees.
- Conducted market research to identify business opportunities and develop strategies for growth in target markets.
Branch Manager
Shriram General Insurance Co
Bellary, India
10.2018 - 12.2021
- Improved customer satisfaction ratings by enhancing service quality and resolving client issues promptly.
- Maintained friendly and professional customer interactions.
- Continuously monitored branch performance against key performance indicators, taking corrective actions as needed to ensure objectives were met or exceeded.
- Implemented effective sales strategies to achieve branch targets and exceed expectations consistently.
- Enhanced staff competency with regular training sessions, boosting productivity levels across the branch operations.
- Managed branch financials including budgeting, forecasting, and expense tracking for accurate reporting and decision-making support.
V O HEAD
Bajaj Allianz General Insurance
Bellary, India
11.2017 - 10.2018
- Organized presentations at bank branches to promote Bancassurance products, educating both bank employees and customers on the benefits of these offerings.
- Collaborated with bank branch staff to identify cross-selling opportunities for insurance products within the existing customer base.
- Mentored new team members on best practices for Bancassurance sales success, sharing insights from personal experiences in the field.
- Developed a pipeline of potential customers through networking, prospecting, and cold calling efforts.
Territory Manager
Royal Sundaram General Insurance Co
HOSPET
02.2012 - 11.2017
- Demonstrated expert product knowledge during client interactions, addressing questions/concerns confidently and offering solutions tailored specifically for them.
- Achieved sales goals and service targets by cultivating and securing new customer relationships.
- Managed pipeline efficiently, prioritizing tasks according to urgency/importance while maintaining focus on long-term objectives.
- Increased market share with comprehensive competitor analysis and tailored marketing strategies.
- Built relationships with customers and community to promote long term business growth.
- Identified new business opportunities through cold calling, networking, marketing and prospective database leads.
Education
MBA - MARKETING AND FINANCE
S R N ADARSH JAIN COLLEGE
BANGALORE 06.2009 - 06.2011
BBM - Finance
VEERASHAIVA COLLEGE
Bellary, India 05.2006 - 06.2009
Skills
Operations management
Sales leadership
Relationship management
Teamwork and collaboration
Goal setting
Positive attitude
Problem-solving abilities
Negotiation
Decision-making
Work Planning and Prioritization
Problem resolution
Adaptability and flexibility
Timeline
STATE HEAD
FINIZONE INSURANCE
04.2024 - Current
Area Head
Turtlemint
12.2021 - 03.2024
Branch Manager
Shriram General Insurance Co
10.2018 - 12.2021
V O HEAD
Bajaj Allianz General Insurance
11.2017 - 10.2018
Territory Manager
Royal Sundaram General Insurance Co
02.2012 - 11.2017
MBA - MARKETING AND FINANCE
S R N ADARSH JAIN COLLEGE
06.2009 - 06.2011
BBM - Finance
VEERASHAIVA COLLEGE
05.2006 - 06.2009