Summary
Overview
Work History
Education
Skills
Additional Information
Languages
Education and Training
Accomplishments
Timeline
Generic

Pralhad P Avhale

Pune & Aurangabad

Summary

Highly motivated and results-oriented Business Development Manager and Insurance professional with 17 years of experience in managing insurance portfolios and developing strategic initiatives. Proven ability to analyze risk, identifies opportunities, and drive portfolio growth. Expertise in Retail Life Insurance & Group Credit Life Insurance with a strong focus on building and maintaining partner relationships. Performance oriented, Sharp business acumen Award-winning excellence, Proven track record of managing/ transforming large, geographically spread areas. Experience of managing complete end to end activities –Need Analysis, progress with stakeholders, preparing/ sharing monthly MIS.

Overview

17
17
years of professional experience

Work History

Senior Territory Manager

Pramerica Life Insurnace Co. Ltd.(Piramal Finance)
06.2022 - Current
  • Responsible and managing Group Credit Life Insurance Business of Piramal Capital Housing Finance Ltd for West region in various vertical.

• Managed a portfolio of group credit life business 100 Cr., achieving 10% growth in premium revenue.
• Developed and implemented a new retail life insurance cross-selling strategy.
• Conducted thorough risk assessments and developed tailored insurance solutions for clients. Built and maintained strong relationships with Partners.

Cluster Sales Manager

HDFC Life Insurance Co.Ltd.
01.2022 - 06.2023

• Managed a portfolio of Bandhan Bank Ltd.
• Developed and implemented a new retail life insurance cross-selling strategy.
• Conducted thorough risk assessments and developed tailored insurance solutions for clients. Built and maintained strong relationships with Partners.

Area Head for Axis Bank Ltd

Max Life Insurance Company Limited
01.2020 - 01.2022

• Managed a portfolio of 10 Cr.,
• Developed retail life insurance cross-selling strategy.
• Conducted thorough risk assessments and developed tailored insurance solutions for clients. Built and maintained strong relationships with Partners.

Senior Territory Manager

DHFL Pramerica Life Insurance Co.Ltd
01.2014 - 01.2020

Managed the channel relationship & achieve financial objectives from DHFL Ltd., Avanse, Adhar & Andromeda in HL / LAP / SME / Education Loan / Institutional Loan.

Relationship Manager

DHFL LTD
06.2011 - 01.2014

In charge of relationship and business development on Home Loan / LAP/FD and Cross Sell for profitability objectives and also having day-to-day responsibility for the company's Sales and customer services programs in a specific territory.

Assistant Sales Manager

Makur Publication
08.2010 - 05.2011

Managed a sales territory of new and existing clients. Develop relationships and advertising plans for each client based upon the business type, budget, and goals

Assistant Sales Manager

Aviva Life Insurance Company India Ltd
03.2008 - 03.2010
  • Managed and developed sales team.
  • Improved sales team productivity with tailored training programs.
  • Established performance benchmarks, setting clear expectations for team members, and regularly reviewing progress against set goals, driving continuous improvement within the sales department.

Education

Executive Program in Marketing Strategy - Marketing Strategy

IIM LUCKNOW
Lukhnow
10.2021

Diploma - Managment , Marketing/Marketing Management

Indira Gandhi National Open University
Aurangabad
01.2015

Master of Arts - Mass Communication & Journalisam

Department of Mass Communication And Journalism
Aurangabad
01.2010

Bachelor Degree - Mass Communication & Journalism

MGM Institute of Mass Communication & Journalism
Aurangabad
01.2007

Bachelor of Science - Physics, Mathematics & Electronics, Science

S.B.E.S College of Science
Aurangabad
01.2006

Skills

Insurance Portfolio Management: client & Partner relationship management, and performance monitoring
Strategic Planning: Market analysis, competitive analysis, product development, and business development
Data Analysis & Reporting: to analyze data and generate reports
Communication & Interpersonal Skills: Excellent communication, presentation, and negotiation skills Experience

  • Business development
  • Cross-selling strategy
  • Territory expansion
  • Multitasking and organization

Additional Information

  • Honors & Awards , Awarded as Best in Highest Activation.
  • Highest File Penetration & Highest Premium Achievement - Company CEO May 2014 Awarded in various parameter Best in Year performance.
  • Awarded as a Best Branch Achievement Award 2011-12 - President May 2012.
  • Best Branch Achievement Award for Cross Sell Business Awarded as a Best Relationship Manager of the Year 2013-14.
  • Awarded as a 1st Rank in six various categories and 2nd in one categories in PAN India Annual Business meet 2013-14.

Languages

English
Proficient
C2
Marathi
Proficient
C2
Hindi
Proficient
C2

Education and Training

other

Accomplishments

  • Exceeded sales goals by average of 120% in 2011 to 2020.
  • Promoted from Relationship Officer to Senior Territory Sales Manager in less than 10 years.
  • Lead team to achieve annual targets, earning recognition from upper management and financial reward.
  • Consistently maintained high customer satisfaction ratings.
  • Recognized as Employee of the 2011, 2012, 2013, 2014, 2018 & 2019 for outstanding performance and team contributions.

Timeline

Senior Territory Manager

Pramerica Life Insurnace Co. Ltd.(Piramal Finance)
06.2022 - Current

Cluster Sales Manager

HDFC Life Insurance Co.Ltd.
01.2022 - 06.2023

Area Head for Axis Bank Ltd

Max Life Insurance Company Limited
01.2020 - 01.2022

Senior Territory Manager

DHFL Pramerica Life Insurance Co.Ltd
01.2014 - 01.2020

Relationship Manager

DHFL LTD
06.2011 - 01.2014

Assistant Sales Manager

Makur Publication
08.2010 - 05.2011

Assistant Sales Manager

Aviva Life Insurance Company India Ltd
03.2008 - 03.2010

Executive Program in Marketing Strategy - Marketing Strategy

IIM LUCKNOW

Diploma - Managment , Marketing/Marketing Management

Indira Gandhi National Open University

Master of Arts - Mass Communication & Journalisam

Department of Mass Communication And Journalism

Bachelor Degree - Mass Communication & Journalism

MGM Institute of Mass Communication & Journalism

Bachelor of Science - Physics, Mathematics & Electronics, Science

S.B.E.S College of Science
Pralhad P Avhale