Summary
Overview
Work History
Education
Skills
Languages
Interests
Personal Information
Timeline
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Prathipati Lokaraju

Prathipati Lokaraju

Tadepalligudem,Andhra Pradesh

Summary

A highly motivated and skilled professional with extensive experience in the insurance and financial services sector. Currently working as a Freelance Insurance & Loan Consultant, partnering with LIC, SBI Life, and various financial institutions to provide life and health insurance solutions, as well as home and personal loan services. Strong expertise in business development, client relationship management, and sales training. Proven track record in achieving targets, building successful sales teams, and delivering outstanding customer service.

Overview

14
14
years of professional experience
4
4
years of post-secondary education

Work History

Freelance Insurance & Loan Consultant

lic and sbilife
Eluru
01.2022 - Current
  • Providing life and health insurance solutions to clients, ensuring tailored financial protection.
  • Assisting customers in securing home loans and personal loans, guiding them through the process efficiently.
  • Developing and executing business strategies to expand the client base and increase sales.
  • Training and mentoring new advisors and agents, helping them understand products and improve sales techniques.
  • Building and maintaining strong client relationships, ensuring long-term retention and referrals.
  • Managed approximately 30 incoming calls, emails and faxes per day from customers.'
  • Developed strong relationships with customers through high levels of customer service.
  • Improved loan processing efficiency by streamlining workflows and implementing best practices.
  • Achieved sales goals consistently by tenaciously pursuing new connections and loan opportunities.
  • Reviewed customer applications closely to identify any opportunities for further development and revenue.

Business Development Manager

SBI Life Insurance Co Ltd
Tadepalligudem
05.2018 - 12.2021
  • Managed the Bancassurance vertical, working closely with bank staff, particularly branch managers.
  • Led a team of 8 bank managers across 8 branches, driving them to achieve outstanding sales targets.
  • Developed and executed business growth strategies to enhance bancassurance sales and revenue.
  • Provided training and motivation to bank staff, ensuring they effectively promoted insurance products.
  • Ensured high renewal and persistency rates by maintaining strong relationships with existing policyholders.
  • Consistently achieved and exceeded sales targets by leveraging strong partnerships with banking teams.
  • Conducted regular performance reviews and strategic meetings to enhance sales effectiveness.
  • Reached out to potential customers via telephone, email, and in-person inquiries.
  • Increased client base by identifying new business opportunities and cultivating strong relationships with key decisionmakers.

Agency Manager

Reliance Nippon Life Insurance Pvt Ltd
Eluru
07.2016 - 12.2017
  • Managed a team of insurance agents, providing training and support to enhance performance.
  • Developed and implemented strategies to increase policy sales and customer satisfaction.
  • Conducted market research and competitive analysis to identify opportunities for growth.
  • Served as an Agency Manager at Reliance Nippon Life Insurance Pvt Ltd, where I successfully managed and grew the agency business
  • Implemented effective strategies to attract and retain clients, resulting in increased revenue and customer satisfaction
  • Utilized my strong communication and B2B sales skills to build and maintain relationships with clients and stakeholders

Technical Engineer

Analogics Rede6ning Technologies
Hyderabad
05.2011 - 03.2016
  • Provided technical support and system maintenance for hardware and software solutions.
  • Developed and implemented innovative solutions to improve system efficiency and performance.
  • Collaborated with cross-functional teams to troubleshoot and resolve complex technical issues.
  • Designed and executed comprehensive testing procedures to validate product functionality.
  • Conducted technical training sessions for junior engineers to enhance their skills and knowledge.
  • Assisted in research and development initiatives to improve product offerings and services.

Education

B.Tech - EEE

Pydah College of Engineering And Technology
Visakapatnam
06.2005 - 05.2009

Skills

  • Ability to Multitask
  • Microsoft Excel
  • Computer Skills
  • Ability to Work Under Pressure
  • Ability to Work in a Team
  • B2B Sales
  • Communication Skills
  • Research Abilities
  • Microsoft Office
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Languages

English
Telugu
Hindi
Tamil

Interests

Playing Cricket
Playing Basketball

Personal Information

  • Date of birth: 08/23/87
  • Nationality: Indian

Timeline

Freelance Insurance & Loan Consultant

lic and sbilife
01.2022 - Current

Business Development Manager

SBI Life Insurance Co Ltd
05.2018 - 12.2021

Agency Manager

Reliance Nippon Life Insurance Pvt Ltd
07.2016 - 12.2017

Technical Engineer

Analogics Rede6ning Technologies
05.2011 - 03.2016

B.Tech - EEE

Pydah College of Engineering And Technology
06.2005 - 05.2009

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Prathipati Lokaraju