Summary
Overview
Work History
Education
Skills
Industry Engagements and Initiatives
Highlights of Insurance Experience
Innovation and Solutions
Interests
Timeline
Hi, I’m

Vinay Kumar Patri

Industry Advisor - Domain Partner - Insurance
Chennai City South
Vinay Kumar Patri

Summary

An Insurance Professional with over 15 years of domain expertise in Insurance Industry and 18 years’ experience in Information Technology. Specialized in Life & Annuities, Retirement, P&C and Workplace solutions. (Group, workers, and voluntary benefits) Led several consulting and Transformation engagements across the US, UK and Canada and Asia.

Overview

35
years of professional experience

Work History

Tata Consultancy Services

Sr. Business Analyst- Sr. Consultant- Industry Advisor
01.2010 - Current

Job overview

Responsibilities and Interests

  • Delivery Support
  • Requirement Gathering
  • Consulting – Due Diligence
  • Associate Training
  • Innovation and design, conceptualize Solutions with AI, Agentic AI, Quantum etc
  • Designing Business Models
  • Extend Domain Support and head Requests for Proposals and Requests for Information from the clients and new Flags
  • Head Transformation and Transition programs

HCL Technologies

Business Analyst
01.2007 - 01.2010

Job overview

  • Responsibilities – (US Annuities)
  • Requirement Gathering – process modelling
  • Business analysis supporting Delivery
  • Support Testing
  • Support UAT.

Life Insurance Corporation of India

Team Lead
01.1991 - 01.2007

Job overview

  • Responsibilities
  • Head the operations across various life insurance business functions such as
  • New Business and Underwriting
  • Sales and Marketing – Research
  • Claims – Special focus on Unclaimed properties and settlements.
  • Group Business – Special focus on operations and business expansion.
  • Policy Administration.

Education

INSURANCE INSTITUTE OF INDIA
MUMBAI

FELLOW OF INSURANCE INSTITUTE from INSURANCE ADMINISTRATION AND RISK MANAGEMENT
04.2001

OSMANIA UNIVERSITY
HYDERABAD

MASTERS OF COMMERCE from FINANCIAL ACCOUNTING AND STATISTICS
04.2001

IGNOU
New Delhi, India

POST GRADUATE DIPLOMA IN FINANCIAL MANAGEMENT from Financial Management
04.2001

Skills

Agile methodology

Industry Engagements and Initiatives

  • Spearheaded the creation of Industry Specific Data and Process models. These are being used as reference material for major consulting engagements.
  • Domain Support project Deliveries through the SDLCs, in both Waterfall and Agile methods.
  • Involved in requirements gathering and driving transformation initiatives on several occasions.
  • Designed Theoretical and Hands on Courses on Business Analysis for junior and mid-level Business Analysts, with a special focus on business consulting. This was adopted by the Corporate Talent development group and rolled out the program holistically.
  • Published several Articles on emerging business trends proposing business models in Insurance. some as below.
  • Eco-System Orchestration.
  • How insurers can improve data privacy in ecosystems.
  • Enriching Customer Experience in Insurance, the Millennial Way.

Highlights of Insurance Experience

  • Spearheaded several large and medium Domain Led transformation and Transition programs for Customers in US Europe and Asia. Travelled extensively to Steer several Insurance consulting engagements for the discovery of as is and to be business architecture, application landscape, and Gap Analysis, defining future states.
  • Led several transformation programs preceded with Design Thinking sessions and workshops.
  • For one of the largest Insurance brokerage firm Was Leading a domain led Transformation and Application transition ($28 B Deal) covering US, Europe, and Asia.
  • Led several Business Process Re-engineering Programs for North American based large carriers in Life and Annuity, Retirement, Introduced Agentic AI for process Disruption. Led several portfolio analysis and application rationalization programs for North American based large insurance carriers.
  • For one of the largest global Brokerage Firm, spearheaded a domain led application consolidation and rationalization program.
  • For one of the largest global insurance carrier, spearheaded a domain led application consolidation and rationalization program. The carrier offers products and services in Life Retirement and Group Benefits.
  • For one of the Largest Insurance Carrier in North America headed a Center of Excellence for Business analysis.
  • For one of the Largest Insurance Carrier in North America led a Transformation program in Claims administration. In the process proposed modernization of claims operation involving automation, enhanced User Experience, powered by Gen Ai based solutions.

Innovation and Solutions

  • Conceptualized several Solutions for CTO Groups and Innovation Labs in different lines of Business. Led the Development of business Solutions catering to the needs of the customers in Insurance right from Incubation, Conceptualization and finally to the Market ready stage.
  • Was Awarded Patent and Several Copyrights in the process of developing solutions. Received award for contributions made for Intellectual Property building. Eg..
  • (https://patents.google.com/patent/EP2610724A1/en).
  • Develop use cases for the adoption of emerging technologies— including Automation, Generative AI, and Quantum Computing — to inform and drive proactive proposals.
  • Travelled globally to demonstrate the Insurance Innovation Lab solutions to suit the needs the of various service providers/Insurance Carriers, eventually capturing the needs of the business and creating more solutions.
  • Travelled extensively to impart training (internally within the organization) on Insurance Concepts, Process Modelling and Data Modelling.
  • As a Chief Contextual Master Trained and groomed over 2000+ Contextual Masters, and Contextual Champions. This is to enhance and augment the Domain, Process, Application, and Tech knowledge that potentially exists with the associates.

Interests

Mimicry, Ventriloquism, Voice Over, Anchoring in Cultural Shows

Timeline

Sr. Business Analyst- Sr. Consultant- Industry Advisor

Tata Consultancy Services
01.2010 - Current

Business Analyst

HCL Technologies
01.2007 - 01.2010

INSURANCE INSTITUTE OF INDIA

FELLOW OF INSURANCE INSTITUTE from INSURANCE ADMINISTRATION AND RISK MANAGEMENT
04.2001

OSMANIA UNIVERSITY

MASTERS OF COMMERCE from FINANCIAL ACCOUNTING AND STATISTICS
04.2001

IGNOU

POST GRADUATE DIPLOMA IN FINANCIAL MANAGEMENT from Financial Management
04.2001

Team Lead

Life Insurance Corporation of India
01.1991 - 01.2007
Vinay Kumar PatriIndustry Advisor - Domain Partner - Insurance