Summary
Overview
Work History
Education
Skills
Websites
Work Preference
Timeline
Hi, I’m

SOURABH KUMAR

Mumbai
SOURABH KUMAR

Summary

SALES & BUSINESS DEVELOPMENT/ DISTRIBUTION / STRATEGY/MARKETING/SALES SUPPORT (Life Insurance, Health Insurance, Group Insurance,Mutual Funds, Secured and Unsecured Loans, Brokers, Agency, Digital, Bancassurance) .

Accomplished Insurance Sales & Solutions Leader and Product Expert with 25 years of multifaceted experience in India, South Asia, APAC & South East Asia with Global organizations. A proven history of building the most extensive distribution channels from scratch, creating & inspiring large teams to success, and nurturing C-Suite relationships & business partnerships. Skilled in working under pressure and adapting to new situations and challenges to best enhance the organizational brand.

Overview

25
years of professional experience
2
Languages

Work History

Neoble - A Digital Lending Startup

Head of Sales & Marketing
09.2023 - 04.2024

Job overview

· Devised comprehensive go-to-market plans that would help successfully launch the products into both B2B and B2C markets.

· Spearheaded digital marketing initiatives that would effectively communicated brand value propositions, resulting in higher customer acquisition rates.

· Devised content and traffic growth strategies to effectively engage target audiences.

· Planned and executed web, SEO, database marketing and social media advertising campaigns.

· Formulated and executed strategic initiatives to improve product offerings.

HDFC Life Insurance

VP Sales Solutions for Group and Retail Insurance & Reinsurance
7 2022 - 08.2023

Job overview

  • Identifying & solutioning the sales & process bottlenecks.
  • Formulated and executed strategic initiatives to improve product offerings.
  • Drove digital transformation efforts within the organization by implementing advanced technology solutions that streamlined workflows and improved customer experience.
  • Streamlined operations to maximize business efficiency and profits.
  • Championed change management initiatives within the organization to ensure smooth transitions during periods of growth or restructuring.
  • Led a cross-functional team to develop and launch a new product line, contributing to significant growth in sales.

HDFC Life Insurance

VP & Category Head for Individual & Group Life & Health Business
11.2018 - 07.2022

Job overview

  • Led P&L for individual and group protection products across Life & Health categories with a 35+ team
  • Designed life, health, indemnity, and rider products; formulated go-to-market strategies & marketing communications
  • Spearheaded product strategy & campaigns across the channels & partners
  • Managed Reinsurance & regulatory relationships
  • Managed Risks & ensured profit sustainability.

SWISS Re Insurance

AVP - Business Development for India & Sri Lanka
11.2013 - 11.2018

Job overview

  • Headed P&L for Group and Retail life and health reinsurance business
  • Managed the Key Accounts of India’s biggest insurance companies: LIC, HDFC Life, Max Life & Kotak Life
  • Structured strategies & products and distribution solutions for the Key accounts insurance companies
  • Surpassed the sales & revenue targets for India & Sri Lanka
  • Drove digital value propositions for clients.

Max Bupa Health Insurance

Zonal Head: Brokers & Alternate Distribution – South, West & Central India
11.2009 - 10.2013

Job overview

  • Headed 7 Regional Heads and an extended team of 500+
  • Surpassed P&L targets each year
  • Created the broking vertical from grounds up.

ICICI Prudential Life Insurance

Regional Manager West – Bancassurance & New Alliances
07.2007 - 10.2009

Job overview

  • Managed Bancassurance business for: ICICI Bank, South Indian Bank RRB’s, Co Operative and Apex Bank
  • Revived ailing accounts and grew volumes by more than 300% YOY
  • Posted >75% growth in volumes through the ICICI Bank channel
  • Grew Micro Insurance Business 2.5X by acquiring a record number of NGOs, MFIs & Credit Co-Operative societies.

GE Money

Regional Business Head - Rest of Maharashtra
09.2004 - 07.2007

Job overview

  • Managed the P&L for the personal loans business
  • Delivered annual revenue of Rs
  • 40 Crores
  • Opened 6 branches across locations in the region
  • Built a team of 100 Relationship Managers & 12 Branch Managers
  • Set up local agencies for sourcing, verification, and collections
  • Maintained the Pan-India lowest delinquency levels
  • Exceeded targets.

ITC

Area Business Executive
02.2003 - 09.2004

Job overview

  • Organized promotional events and interacted with community to increase sales volume.
  • Boosted marketing, reviewed pricing strategies and expanded distribution channels to increase sales revenue.


Shree Spices

Sales Officer
05.1999 - 01.2003

Job overview

  • Achieved sales goals and service targets by cultivating and securing new customer relationships.
  • Identified and qualified new distributors to increase market share in key territories.

Education

The Maharaja Sayajirao University of Baroda (MSU)

MBA (Distance Learning)

University Overview

Pune University

Bachelor of Commerce (B. Com)

University Overview

Skills

P&L

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Work Preference

Work Type

Full TimePart TimeContract Work

Work Location

RemoteOn-SiteHybrid

Important To Me

Company Culture

Timeline

Head of Sales & Marketing
Neoble - A Digital Lending Startup
09.2023 - 04.2024
VP & Category Head for Individual & Group Life & Health Business
HDFC Life Insurance
11.2018 - 07.2022
AVP - Business Development for India & Sri Lanka
SWISS Re Insurance
11.2013 - 11.2018
Zonal Head: Brokers & Alternate Distribution – South, West & Central India
Max Bupa Health Insurance
11.2009 - 10.2013
Regional Manager West – Bancassurance & New Alliances
ICICI Prudential Life Insurance
07.2007 - 10.2009
Regional Business Head - Rest of Maharashtra
GE Money
09.2004 - 07.2007
Area Business Executive
ITC
02.2003 - 09.2004
Sales Officer
Shree Spices
05.1999 - 01.2003
VP Sales Solutions for Group and Retail Insurance & Reinsurance
HDFC Life Insurance
7 2022 - 08.2023
The Maharaja Sayajirao University of Baroda (MSU)
MBA (Distance Learning)
Pune University
Bachelor of Commerce (B. Com)
SOURABH KUMAR