Vivek Arya
Leader - Insurance Business Consulting
Gurugram
Summary
- Seasoned Leader with 20 years of experience in Insurance Sector with expertise in Strategic and Management Consulting, Business Development and leading big transformation programs.
- Experience in setting up 6 new Competencies and business units from scratch over the past decade
- Experience in handling PnL of $30million and span of 300+ resources.
- Experience with working with clients from across the globe ex: US, Canada, UK, HK, Singapore, Caribbean, Australia, Thailand, Indonesia etc
Overview
20
20
years of professional experience
1
1
year of post-secondary education
6
6
Certifications
Work History
Associate Director
EY
Gurugram
04.2017 - Current
- Leading Insurance Business Transformation and Insurance Finance Consulting Competencies in EY GDS
- Go to Market(GTM) Lead for Insurance Business Consulting
- Responsible for Sales , Business Development(Solution and Commercial responses of RFP/RFI, Orals, Deal Reviews), Strategic and Management Consulting
- Responsible for delivery management for span of 200+ consultants with overall revenue of 30 million USD and billable hours of 300K
- Expertise in Business Consulting areas like
- Business Model Design, Business Strategy, Business Architecture, Current State diagnostics, Impact Assessments, Balanced Score cards, Target Operating Models, Journey Maps, Process Mining & Optimization, Market Research, Point of Views, Competition Battle Cards etc
- Good experience in Transformation advisory like Business Analysis, Agile, Program and delivery Management, Product Owner
- Experience in Thematic Advisory topics - Cost Optimization, Uptick in Loss Ratio etc
- Create material for Board Room and C-Suite Advisory
- Just started with setting up Metaverse Consulting and Business Analytics practise
- Other past roles in EY dealt with setting up IFRS 17 practise in EY GDS and leading Big Transformation programs on Guidewire (PolicyCenter, BillingCenter, ClaimsCenter)
Lead Product Consultant/Senior Manager
Cognizant Technology Solutions
Kolkata
05.2012 - 04.2017
- Responsible for leading Insurance BU/COEs for Agency Management and Compensation, Annuities and Retirement Services
- Responsible for Sales , Business Development, Account Mining and providing core consulting to customers
- Led multiple Big Insurance transformation programs for clients in US, Canada, APAC
- Account Ownership for few Life Insurance Accounts
- Running Steering committee Connects with Customer leadership team (VPs, CXOs)
Project Manager - Application Development
Computer Sciences Corporation
Noida
06.2005 - 05.2012
- Managing multiple client engagements for CSC products
- Business and Technical consulting on Insurance projects for Vantage, PerformancePlus, DSS
- Managed project financials ranging from $40K-$2 million
- Sales and Business Development for CSC product - PerformancePlus
- Worked in US and managed CSC US employees for 18 months
Assistant Systems Engineer
Tata Consulting Services
Mumbai
06.2003 - 06.2005
Back up Project Leader and worked for Banking clients based out of Netherlands
Mainframe developer using COBOL, JCL, IBM DB2
Responsible for Technical design, development, Unit testing
Education
B-Tech - Chemical Engineering
IIT
Roorkee, INDIA 06.1999 - 05.2003
M-Tech - Software Engineering
BITS
Pilani, INDIA 01.2014 - 12.2015
Tech MBA -
HULT
UK 07.2022 - Current
No Degree - Advanced Project Management
Stanford University
Stanford 04.2001 -
Skills
Property and Casualty Insurance
Life Insurance
Agency Management and Compensation
Incentive Compensation Management
Strategic and Management Consulting
IFRS 17 - Data Systems and Processes
Guidewire - PolicyCenter, BillingCenter, ClaimCenter
Varicent
SAP Callidus
Business Development, Sales
IBM Mainframes
Certification
Certified Scrum Product Owner
Timeline
Certified Scrum Product Owner
12-2022
Tech MBA -
HULT
07.2022 - Current
Microsoft Certified - Azure Fundamentals
05-2020
Certified Scrum Master
03-2019
Associate Director
EY
04.2017 - Current
Big Data Foundations
05-2016
Varicent Specialist
11-2015
M-Tech - Software Engineering
BITS
01.2014 - 12.2015
Lead Product Consultant/Senior Manager
Cognizant Technology Solutions
05.2012 - 04.2017
Cosmic FP
10-2011
Project Manager - Application Development
Computer Sciences Corporation
06.2005 - 05.2012
Assistant Systems Engineer
Tata Consulting Services
06.2003 - 06.2005
No Degree - Advanced Project Management
Stanford University
04.2001 -
B-Tech - Chemical Engineering
IIT
06.1999 - 05.2003