VISHAL TALREJA

Risk Underwriting & Operations

• Performed medical and non-medical underwriting with a focus on optimizing the company's financial performance
• Spearheaded various aspects of the Group Insurance program including but not limited to Group Term Life & Group Credit Life Underwriting
• Underwriting of Health Insurance products
• Facilitating the re-insurers for taking appropriate decisions
• Policy Servicing Management (Renewal Underwriting)
• Part of Operations Excellence Team for managing day to day activities of Underwriting Operations
• Supervising the Operations to ensure Junior team members are adhering to Company's processes and procedures

Stake holder Management

• Co-ordinate with Re-insurers for case to case basis negotiations to ensure best quotes with winning propositions for customer and organization basis treaty contracts.
• SPOC for pan India resolution of queries with regard to pre-login approvals and on-going processing of the cases that are raised by Sales & Branch Operations Executives
• Co-ordinate with Product development Team, Legal & Compliance for insight on underwriting aspects for existing & new products and underwriting guidelines

Risk Management Process

• Formulating the process for referring Forgery, Non-disclosure & Suspicious Cases to Risk Control Unit
• Liaising with the Risk Agencies to decide on the risks involved in the processes
• Conducting life insurance underwriting quality reviews / audits for entire underwriting team and to update the management about grant & recommendations for limits
• Conducting audits on various Risk parameters like Geographical location, profile of clients, high risk products, business sourcing channels, etc.

IT Projects & UAT

• Supported in designing the validations necessary for straight through processing of the cases through the system (Life Asia/ BPMS)
• Updating manuals and resource tools related to operations, as well as life underwriting risk rules, guidelines and procedures on Official websites(Intranet)
• Co-ordinate with IT for UAT & System development to enhance automated underwriting process & Online OR E-insurance business in terms of sharing inputs on design & development of user interface & incorporation of underwriting guidelines

Business Analysis Support

• Reviewing non-medical limits being offered to business channels based on new or existing business Portfolio , claims experience & quality of business being sourced
• Assist , analyze & discuss the preparation & maintenance of MIS in terms of product mix, decisions offered, no. of policies underwritten viz-a-viz manpower resources , cost of resources, forecasting & planning of expected business to ensure growth in profitability

Team Management

Assign KRA’s & KPI & conducting reviews & appraisals for the team periodically.

• Meeting with Doctors, Chemists and Stockist
• Conducting CME’s for Doctors & ensure business development.
• Maintaining customer relationship.
• Achieving Monthly, quarterly & annual Sales targets.
• Collection of payments from Stockists & maintaining adequate Inventory levels.
• Motivate the team to outperform the assigned targets
• Bagged an Award for products’ dealing during the CSM