Panthini Jigar Doshi
Mumbai
Summary
Strategic insurance underwriting leader with 17+ years of experience across India’s leading life insurers. Proven track record in risk management, reinsurance negotiations, underwriting governance, and portfolio optimization. Adept at driving profitability, shaping underwriting strategy, and leading large teams to deliver sustainable growth. Recognized for innovation in product design, stakeholder management, and operational excellence.
Overview
18
18
years of professional experience
Work History
DVP Underwriting
Kotak Life Insurance
2024.12 - Current
- Reinsurance Strategy for Protection Portfolio: Driving competitive advantage by benchmarking guidelines against global standards and negotiating rider/product treaties with reinsurers
- Stake holder management: Leading the 'Protection Strategy Project' for the Agency channel and Direct Marketing Channel; designing OTC and Work Site models to scale protection business, continuous sales training which eventually led to increase in protection throughput for the channel
- Risk Management: Implementing high-risk referral frameworks and deciding on case closures/cancellations to maintain portfolio health by continuous portfolio review which had an impact and reduced overall very early claims by 1.5% and improving -Highlighting non-disclosures to sales and claims re-underwriting, Managing RCU portfolio
AVP Underwriting
Bajaj Allianz Life Insurance
2021.07 - 2024.11
- Executive Stakeholder Management: Provided fortnightly strategic updates to the Management Committee (Mancom) on guideline shifts and market competitiveness
- Reinsurer Management: Continuous benchmarking and negotiating competitive underwriting guidelines with the reinsurer and also placement of portfolio with Cross Border Reinsurer with Actuarial team’s support
- Protection/HNI/NRI Portfolio Excellence: Established a dedicated high-net-worth onboarding journey, resulting in smoother logins and specialized sales training for premium segments, implementing underwriting guidelines in the system
- Stakeholder Management: Playing a key role in increasing throughput of Agency channel, solving complex HNI cases, business insurance cases, Group insurance management
- Operational Leadership: Managed a team of 20+ senior underwriters (10+ years avg. experience), fostering a culture of technical excellence and goal alignment.
- Digital Innovation: Led the 'Requirement Reduction Project' to automate triggers, significantly improving issuance speed and customer experience
Underwriting Senior Manager
ICICI Prudential Life Insurance
2015.07 - 2021.06
- Channel Management: Managed underwriting for the ICICI Bank channel, successfully overseeing 40-50% of the company's total business volume
- Technical Governance: Authored departmental guidelines and collaborated with BRE team to automate underwriting rules
- Product Innovation: Key architect in designing 'Precious Life'—the industry’s first product for adverse lives—enabling real-time extra premium loading at the login stage
Assistant Manager
Kotak Life Insurance
Mumbai
2012.01 - 2015.12
- Established benchmarks for underwriting and tele-underwriting audits to improve accuracy and consistency.
- Managed non-disclosure portfolio by collaborating with sales to ensure quality onboarding of business.
Senior Associate underwriter
ICICI Prudential Life Insurance
Mumbai
2008.01 - 2012.12
- Medical underwriter with ₹1 crore ECG and underwriting authority; initiated system enhancements for risk tracking
- Handled Underwriting policy servicing portfolio like freelook, non- disclosure, reconsideration
Education
Bachelors in Pharmacy -
Dr Bhanuben Nanavati College of Pharmacy
Mumbai, India2008-01
Skills
- Strategic Underwriting Leadership –Defining underwriting policies, risk assessment, and align with an organization's business goals
- Risk & Reinsurance Management – Treaty negotiations, competitive benchmarking, high‑value case decisions, continuous monitoring of portfolio experience
- Operational Excellence – Requirement reduction, process automation, vendor management, Digital onboarding
- Team Development – Currently Leading 12 underwriters and fostering a culture of technical excellence and goal alignment
- Stakeholder Engagement – CXO collaboration, Agency & Bancassurance partnerships, reinsurer relations with multiple insurers including Cross Border Reinsurers
Accomplishments
- ABC Annual Award: Best Underwriting Guidelines for Savings & HNI (Bajaj Allianz)
- Hawk Eye Award: Recognition for excellence in Risk Detection (ICICI Pru)
- Topper: Swiss Re Medical Training & IPRU Financial Underwriting module
- Appreciations from Channel heads, CDO Agency, COO for contributions towards organization’s growth.
SKILLS
- Certifications: Women Leadership Programs (ACE & EMBRACE), Manager Development Program (MED)
- Technical: Reinsurance Management, Data Analysis, Risk Assessment, MS Office Suite
PERSONAL DETAILS
- Date of Birth:13th July 1986
- Marital Status: Married
Timeline
DVP Underwriting
Kotak Life Insurance
2024.12 - Current
AVP Underwriting
Bajaj Allianz Life Insurance
2021.07 - 2024.11
Underwriting Senior Manager
ICICI Prudential Life Insurance
2015.07 - 2021.06
Assistant Manager
Kotak Life Insurance
2012.01 - 2015.12
Senior Associate underwriter
ICICI Prudential Life Insurance
2008.01 - 2012.12
Bachelors in Pharmacy -
Dr Bhanuben Nanavati College of Pharmacy