PARAMASIVAN K
Chennai
Summary
Results-oriented Bancassurance professional with 5 years of experience in the banking, insurance, Equity/Mutual Fund, and Mortgage loan industry. Seeking a challenging position as a Bancassurance Specialist at HDFC Life to leverage my expertise in sales, relationship management, and insurance product knowledge to drive revenue growth and provide top-notch financial protection solutions to clients.
Overview
2025
2025
years of professional experience
Work History
Business Development Manager
ANGEL ONE BROKING
CHENNAI
04.2024 - Current
- Acquire and manage a portfolio of clients, providing investment advice and financial planning services.
- Develop and implement strategies to attract new clients through networking, referrals, and marketing campaigns.
- Conduct thorough market research to identify potential investment opportunities for clients.
- Monitor client portfolios, and recommend adjustments based on market trends and individual client needs.
- Ensure all transactions comply with regulatory standards and company policies.
- Prepare and present detailed reports on investment performance and market conditions to clients.
- Build and maintain strong relationships with clients, providing ongoing support and education on financial products and services.
BANCASSURANCE MANAGER
HDFC LIFE INSURANCE Ltd.
Chennai
06.2022 - 08.2023
- Cultivated and maintained strong relationships with banking clients, providing them with tailored insurance solutions
- Collaborated with the underwriting department to ensure prompt and accurate processing of insurance applications and claims
- Provided exceptional customer service by addressing inquiries and resolving client concerns in a timely and professional manner
- Managed a portfolio of high-value clients, consistently meeting their insurance and financial needs
- Acted as a subject matter expert, training and mentoring junior bancassurance agents to improve their sales techniques
- Conducted regular market research to stay updated on industry trends, competitor offerings, and customer preferences
- Conduct thorough AML investigations, collaborating with claims, underwriting, and customer service teams to gather relevant information
- Implement KYC and CDD processes to verify policyholders' identities and assess their risk levels
- Prepare and file Suspicious Activity Reports (SARs) to regulatory bodies, ensuring compliance with insurance industry regulations
- Assist in developing and refining AML policies and procedures to adapt to changing industry requirements
- Train customer-facing teams on AML best practices and red flag indicators, enhancing overall company awareness
EXECUTIVE
AXIS ASSET MANAGEMENT COMPANY
Chennai
02.2021 - 03.2022
- Coordinated and administered NISM certification programs specifically designed for banking employees, resulting in [X]% increase in certified professionals within the banking sector
- Customized NISM training modules to align with the specific requirements and knowledge areas relevant to banking industry professionals
- Collaborated closely with banking institutions to understand their training needs and tailored NISM programs accordingly
- Ensured strict adherence to NISM regulatory requirements throughout the certification process, including examination security
- Provided comprehensive support and guidance to banking employees pursuing NISM certifications, addressing their inquiries and concerns
- Conducted regular assessments to gauge the effectiveness of NISM training programs and implemented improvements
Assistant Manager
KOTAK SECURITIES
Chennai
11.2019 - 10.2021
- Facilitated the seamless opening of Demat accounts for clients, ensuring compliance with all regulatory requirements
- Conducted thorough KYC (Know Your Customer) and AML (Anti-Money Laundering) verifications to prevent fraudulent activities
- Provided comprehensive guidance to clients on the benefits and features of Demat accounts, fostering positive relationships
- Collaborated with the compliance team to ensure adherence to SEBI (Securities and Exchange Board of India) guidelines
- Assisted clients in linking their Demat accounts to trading accounts, streamlining the investment process
Junior Officer sales
HDFC Sales PVT LTD
Chennai
12.2017 - 10.2019
- Successfully generated leads and converted prospects into mortgage loan clients
- Conducted comprehensive financial assessments for clients to determine loan eligibility and provide tailored mortgage solutions
- Maintained up-to-date knowledge of mortgage products, interest rates, and market trends to offer clients the most relevant and competitive options
- Effectively managed a pipeline of mortgage applications, ensuring timely processing, approvals, and closings
- Collaborated with underwriters, processors, and closing teams to streamline the loan origination process and reduce time-to-close
- Cultivated strong, long-lasting client relationships by providing excellent customer service and post-closing support
- Prepared and presented loan proposals to clients, explaining terms, rates, and fees in a clear and understandable manner
- Assisted clients with completing loan applications and gathering required documentation, ensuring accuracy and completeness
Business Development Manager
ANGEL ONE BROKING
Education
B.E - Automobile Engineering
Infant Jesus College of Engineering and Technology
Skills
- SAP – FICO
- Advanced Excel
- Dashboards
Languages
- English
- Tamil
Personal Information
- Date of Birth: 03/06/93
- Marital Status: Single
Timeline
Business Development Manager
ANGEL ONE BROKING
04.2024 - Current
BANCASSURANCE MANAGER
HDFC LIFE INSURANCE Ltd.
06.2022 - 08.2023
EXECUTIVE
AXIS ASSET MANAGEMENT COMPANY
02.2021 - 03.2022
Assistant Manager
KOTAK SECURITIES
11.2019 - 10.2021
Junior Officer sales
HDFC Sales PVT LTD
12.2017 - 10.2019
Business Development Manager
ANGEL ONE BROKING
B.E - Automobile Engineering
Infant Jesus College of Engineering and Technology
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