Summary
Overview
Work History
Education
Skills
Certification
Timeline
Generic

Sameer Phadtare

Strongsville

Summary

Proven Manager in the Insurance Domain (P&C and Life) with a track record of delivering high-quality project outcomes at Accenture and other organizations. Expert in business analysis, requirements gathering and documentation, product design,configuration and testing. Showcasing a blend of technical proficiency in Policy Admin Systems (Duck Creek,ALIP & ClarionDoor) , Actuarial Software (Prophet), Rating Algorithms and exceptional mentoring capabilities. Achieved successful implementation of Rating (Actuarial), User Interface, Underwriting, Policy Forms and Declarations, Integration, Claims and Billing requirements. Permanent resident (green card holder) in the USA, do not require visa or sponsorship and can work for any employer. Ready to reallocate/travel anywhere in the USA as per business need.

Overview

16
16
years of professional experience
1
1
Certification

Work History

Manager (Insurance Domain)

Accenture
Cleveland
04.2012 - 09.2024
  • Contributed to multiple policy administration systems projects (Duck Creek, ALIP, and ClarionDoor) as a functional lead in full or partial capacity as needed.
  • Engaged with the Business and Actuarial teams to elicit requirements using meetings, analysis of the documentation provided, requirements, and workshops.
  • Developed requirement documentation, including Requirements Analysis Package documents, user stories, diagrams, process flows, data mapping documents, and design documents.
  • Presented the requirements documentation to the Business, Actuarial, and Implementation teams to obtain sign-off.
  • Worked as a functional lead in planning, task assignment, mentoring other business analysts, and the overall delivery of the work.
  • Coordinated and facilitated meetings with representatives from business, actuarial, development, testing, and leadership teams.
  • Provided regular status updates to the leadership, and highlighted a sense of urgency and prioritization in cases of risks and issues.
  • Answered queries raised by developers and testers, and provided solutions in the defects triage meetings.
  • Worked on enhancements and change requests logged by the business and actuarial teams.
  • Resolved production issues and supported conversion projects.

Assistant Pricing Manager (Actuarial)

Paternoster and JLT Group
Mumbai
07.2008 - 04.2012
  • Applied pricing components and rating methodology to price existing and new products, based on thorough statistical analysis.
  • Provided actuarial support in the development of new products and services to achieve successful implementation of approved strategic initiatives.
  • Provided actuarial and statistical analysis related to rate adequacy, including loss and premium trends, production of rate indicators, and development of rating structures.
  • Collaborated with internal stakeholders, such as Treaty, Regional Offices, Digital Distribution, New Solution Development, and Claims, to support their needs for pricing, data processing, analysis, mining of data, and reporting.
  • Provided ongoing review and improvements of pricing and processes for greater automation, accuracy, and rate adequacy.
  • Delivered the existing projects, and contributed to various pricing projects. Projects are varied and include the development and implementation of rating structures and pricing models.
  • Measured, tracked, and monitored product performance. Analyzed market changes and emerging trends affecting pricing and profitability of products, and made recommendations on rates to management, with supporting documentation to ensure strong, profitable revenue growth.

Education

Bachelor of Science - Mathematics, Statistics

Mumbai University
Mumbai, India

Certifications - Actuarial Science

Institute of Actuaries of India
Mumbai, India

Skills

  • Property and Casualty Insurance (ISO and AAIS)
  • Life insurance
  • Annuities and retirement benefits
  • Policy administration systems: Duck Creek, ALIP, and ClarionDoor
  • Actuarial software: Prophet
  • Business Analysis and Research
  • Requirements gathering and documentation
  • Data analysis and mapping
  • Product design, configuration, and testing
  • Actuarial, Rating/Pricing, Valuation, Taxation, Underwriting, Policy Forms, Declarations, User Interface, Integration, Claims, Billing

Certification

  • Financial Mathematics
  • Finance and Financial Reporting
  • Probability and Mathematical Statistics
  • Actuarial Modeling
  • Life Insurance, General Insurance and Contingencies
  • Statistical Methods
  • Insurance Business Awareness Module

Timeline

Manager (Insurance Domain)

Accenture
04.2012 - 09.2024

Assistant Pricing Manager (Actuarial)

Paternoster and JLT Group
07.2008 - 04.2012

Bachelor of Science - Mathematics, Statistics

Mumbai University

Certifications - Actuarial Science

Institute of Actuaries of India

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Sameer Phadtare