Summary
Overview
Work History
Education
Skills
Certification
Timeline
Generic

Umakanth B

Summary

Executive Highlights: Dynamic and results-driven Digital Product Manager with over 12 years of comprehensive experience in the BFSI domain, specializing in Property & Casualty (P&C), Life Insurance, Reinsurance,Whole sale Banking KYC coupled with extensive technical expertise in Java, SQL & API. Adept at Agile methodologies with a strong track record in team leadership and offshore delivery.

Overview

12
12
years of professional experience
1
1
Certification

Work History

Senior Digital Product Manager

Chubb Insurance
03.2021 - Current
  • Working for Chubb Life, microsite-based application hosted on Chubb Studio , the company's award-winning global integration azure platform with features that can embed insurance into the digital environments of its distribution partners easier and faster
  • Streamlined product development processes, resulting in faster time-to-market and improved efficiency.
  • Enhanced user experience by implementing data-driven design improvements for digital products.
  • Optimized product performance with extensive market research and competitive analysis.
  • Led cross-functional teams to deliver high-quality digital products on schedule and within budget constraints.
  • Developed comprehensive product roadmaps, outlining key milestones and deliverables throughout the project lifecycle.
  • Managed relationships with external vendors and partners, ensuring alignment on project goals and expectations and conducted regular stakeholder updates to provide transparency into project progress
  • Defined key performance indicators for measuring product health, enabling informed decisions around future investments.
  • Spearheaded initiatives aimed at improving overall team productivity, including the introduction of agile methodologies and streamlined workflows.
  • Enabled seamless collaboration between UX design, engineering, marketing, sales, support, quality assurance teams for successful product launches.
  • Mentored junior team members in best practices for managing complex digital projects while maintaining a strong focus on end-user needs.

Accomplishments :

  • Conducted in-depth data analysis, identifying customer segmentation opportunities, and presenting actionable recommendations that resulted in a 12% increase in customer retention rates
  • Implemented an automated document recognition system, utilizing optical character recognition (OCR) technology, leading to a 40 % decrease in manual data extraction efforts

Senior Business Analyst

NTT Data
06.2020 - 03.2021
  • Worked on modernization of Reinsurance application for RSA Insurance, Middle East
  • Conducted thorough gap analyses, identifying areas for optimization and enabling targeted improvements.
  • Collaborated with stakeholders to define project objectives and criteria.
  • Conducted interviews with key business users to collect information on business processes and user requirements.
  • Improved business direction by prioritizing customers and implementing changes based on collected feedback.
  • Generated business intelligence reports to inform strategic decision-making.

Accomplishment:

  • Implemented a rule-based automation system for policy validation, achieving a 30% reduction in manual validation efforts and a 20% decrease in errors.

Business Systems Consultant

WELLS FARGO
07.2018 - 06.2020
  • Worked on wholesale banking KYC application
  • Streamlined workflow for increased efficiency by identifying bottlenecks and recommending process improvements.
  • Improved business processes by analyzing current systems and implementing optimized solutions.
  • Reduced project completion time, coordinating cross-functional teams to ensure timely deliverables.

Accomplishment:

  • Developed comprehensive process documentation, including workflow diagrams and standard operating procedures, resulting in improved training efficiency and 25% reduction in onboarding time for new applications

Technology Analyst

Infosys Ltd.
10.2012 - 07.2018
  • Worked as BA/Product Owner for one of Agile projects for Allstate Insurance which involves redesigning the Motorcycle (MC)/Off Road (ORV) vehicle product
  • Documented complete System Flow for point of sale (New Business) Policy Administration system and CCT (Connected Car Technology) system
  • Worked on complex “Go-to-market” strategy products Mile-wise[Pay as you drive] & Drive-wise [Telematics based Insurance] products for Alliance as an SME and Functional Analyst
  • Worked on legacy insurance application/data migration from AS400 Mainframes to a new platform for Brokers, Agents and underwriters at Chubb

Education

Bachelor of Technology - Computer Science And Programming

JNTU
Hyderabad, India
06.2011

Skills

  • Stakeholder Management
  • Business Analysis
  • Product Roadmapping
  • Customer Journey Mapping
  • Scrum Framework
  • Key Performance Indicators
  • Data Analysis
  • Product Lifecycle Management
  • Sprint Planning
  • Requirements Gathering
  • Competitive Analysis
  • Product Strategy

Certification

  • Executive Product Management Certification,ISB Hyd
  • Certified SAFe 6 Product Owner/Product Manager

Timeline

Senior Digital Product Manager

Chubb Insurance
03.2021 - Current

Senior Business Analyst

NTT Data
06.2020 - 03.2021

Business Systems Consultant

WELLS FARGO
07.2018 - 06.2020

Technology Analyst

Infosys Ltd.
10.2012 - 07.2018

Bachelor of Technology - Computer Science And Programming

JNTU
Umakanth B