Utkarsh Choudhary
New Delhi
Summary
Analytical insurance risk manager specializing in insurance management. Conducts comprehensive risk assessments and employs data-driven analysis to enhance coverage and reduce risks. Manages complex insurance portfolios across multiple group companies, overseeing significant premium volumes. Collaborates with brokers and underwriters to secure competitive terms and provide extensive claims support.
Overview
12
12
years of professional experience
Work History
Manager - Insurance
OFB Tech Pvt. Ltd.
Gurgaon
05.2022 - Current
- Orchestrated comprehensive insurance portfolios for diverse manufacturing sectors, reducing coverage gaps through thorough risk assessments.
- Directed insurance portfolio for 40 group companies with over 110 manufacturing plants, enhancing processing efficiency through effective multitasking.
- Administered premium portfolio valued at approximately 18-25 crores, optimizing financial resources with strategic management.
- Negotiated competitive quotes and favorable terms with brokers and insurance companies, decreasing annual premium costs.
- Expedited claim settlements by collaborating with surveyors, reducing average turnaround time significantly.
- Managed marine insurance for all shipment types, including inland import and export coverage.
- Handled complex large fire claims, ensuring effective settlement outcomes.
Senior Manager – Insurance
Bharat Re-Insurance Brokers Pvt. Ltd. (Shriram Group)
New Delhi
08.2021 - 05.2022
- Executed risk management processes, including quotation renewals and mid-term endorsements, to expand active account portfolio.
- Negotiated policy terms and coverage limits to enhance client retention rates.
- Facilitated claims settlement process, achieving high success rate in favorable claim resolutions.
- Streamlined scheme-related issues through daily liaison with clients and underwriters, accelerating issue resolution speed.
Senior Business Development Manager
Go-MMT Group (Goibibo & Make My Trip)
Gurgaon
09.2018 - 02.2020
- Spearheaded key account management for corporate clients, enhancing revenue and P&L performance.
- Expanded market presence into unexplored territories including Uttarakhand, Goa, Rajasthan, and Uttar Pradesh, securing new market share.
- Mentored and directed a high-performing team of 8 members, improving product knowledge and operational efficiency.
Business Development Manager
QuestionPro Private Limited
Pune
07.2015 - 07.2018
- Executed go-to-market strategies and product marketing initiatives to boost customer acquisition and engagement.
- Developed strategic partnerships that enhanced market presence and drove sales growth.
- Accelerated account development and conducted client needs assessments, generating new business pipeline.
- Managed client relationships to ensure satisfaction and retention across various sectors.
- Conducted market research identifying new business opportunities and evolving customer needs.
EBS-Client Relationship Executive
Onicra Credit Information Company Limited
Noida
05.2014 - 06.2015
- Managed PAN-India operations for background screening, ensuring compliance with strict SLA metrics.
- Established process flows across Quality, Verification, and Audit teams, enhancing deliverable accuracy.
Education
Master of Business Administration (M.B.A.) - Marketing
IIPM
New Delhi01-2014
Bachelor of Technology (B.Tech) - Computer Science
Jodhpur Engineering College & Research Center
Jodhpur01-2012
Skills
- Claims management
- Risk assessment and management
- Policy negotiation
- Portfolio oversight
- Financial analysis
- Decision making
- Underwriting standards
- Marine and liability insurance
- Premium optimization strategies
- Relationship building
Timeline
Manager - Insurance
OFB Tech Pvt. Ltd.
05.2022 - Current
Senior Manager – Insurance
Bharat Re-Insurance Brokers Pvt. Ltd. (Shriram Group)
08.2021 - 05.2022
Senior Business Development Manager
Go-MMT Group (Goibibo & Make My Trip)
09.2018 - 02.2020
Business Development Manager
QuestionPro Private Limited
07.2015 - 07.2018
EBS-Client Relationship Executive
Onicra Credit Information Company Limited
05.2014 - 06.2015
Master of Business Administration (M.B.A.) - Marketing
IIPM
Bachelor of Technology (B.Tech) - Computer Science
Jodhpur Engineering College & Research Center