Experience

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  United india insurance co. ltd.

  Jan 1986 - Jan 2007

  Admn.asst./in-house surveyor/trainer

  United India Insurance Company Ltd, India May 1986 to July 2007:Rajkot Divisional Office (1991 to 2007):• Motor Claims Handling – registration of claim to settlement.• Marine Claims Handling• Personal Lines Claims, Liability Claims (Workmen Compensation, Professional Indemnity, C.L.L., Personal Accident & Health Insurance)• Engineering Claims –Engineering- all lines, Machinery Breakdown, CAR, EAR, E.E.I.• Burglary Business Premises Claims, Money Insurance• Property & Casualty ClaimsDuring the tenure almost dealt with +10,000 claims of various nature successfully.Ahwa Branch (1986-1990)• Underwriting claims exceeding 5000 Motor, Fire, Cattle and all LOB general insurance policies.• Administering the entire processing of claims right from the time of reporting to settlement.• Managing the accounts, trial balance and bank reconciliation.In-house Surveyor (2001-2007) Motor & Engineering Claims- dealt with 2000+ claims without any dispute.I was approved Faculty of IRDA (2001-2007) to train the Agents and trained 200+ agents to qualify as an Insurance agent. Being a faculty taught all lines of products underwriting & claims with technical aspects for 7 years and it taught me "Teaching is Learning Twice". Show less

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  Karvat travel services pvt ltd

  Jul 2007 - Apr 2008

  National head claims

  I have Joined Karvat Group of Companies as a Country Head. Company involved in marketing tailor made Health Insurance Policy and Travel Insurance Policy approved by the PSU viz. National Insurance Company Limited & Oriental Insurance Company Limited respectively. I was managing 22 branches across the country. Role and responsibilities: Evaluate and improve Health Insurance Product of the Company Set up Marketing Strategies Set up operations and up selling & cross-selling verticals Imparting training to Key Personnel and Marketing Managers Underwriting approval for all proposals bearing adverse health history TPA Claims Settlement Monitoring across PAN India, Claims analysis Meeting with TPA and make liaison with them nation wide Staff Recruitment – screening, interviewing and recommending Show less

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  Saudi indian company for cooperative insurance

  Dec 2009 - Jun 2012

  Technical manager/ risk manager

  I have been appointed as a Technical Manager and I was responsible to handle all LOB’s Underwriting, Claims, Set up Reinsurance Treaties in the IT module. To design and over see all Insurance products suits to niche market.I have been promoted as a Head of Risk Management Department in very short span in the year 2010 designated as a Risk Manager. My role and responsibilities were to set Risk Management Framework of the Organization, set up Annual Risk Plan, evaluate and populate risk registers for Underwriting, Claims, Reinsurance, HR, Finance, Corporate Governance, Risk Management), IT, Credit Risk and Product Risk. My skill is to evaluate all Organizational Operational risks and mitigate the risks.Added Responsibility: Product Developments: I have designed and get approved from the regulator products like Professional Indemnity Policy for Doctors, Medical Establishment, Engineers & Architects, Marine Hull & Pleasure Craft and Householders & Shopkeepers Package Policy.I was also heading Reinsurance Department (RI Underwriting & Claims)- additional responsibility assigned for One Year (2011-12)DUTIES AND RESPONSIBILITIES: To limit the risk within company’s own businesses To cater the risk place facultative business To increase capacity of the underwriting Fixing retention in a fashion to protect capital, reserve, asset and solvency Maintain accurate statistics for each type of treaty Reconciliation of Treaty Accounts Prepare reinsurance premium Bordeaux Generate necessary reports in EDP Handling Reinsurance Claims, Preparation of Claims Register, Allocation, Reporting Cash Calls, Appointment of Surveyors, Negotiations, Settlement of claims, Claims Recovery from Re-insurers Panel including Facultative participants Quarterly Accounts submission of Premium & Claims Treaty Renewal, Statistics Preparation, Meeting Worldwide Re-insurers Developing Underwriting Manual & Reinsurance Strategies Show less

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  Amana cooperative insurance company

  Jul 2012 - Jan 2017

  Head of internal audit / risk manager

  AMANA COOPERATIVE INSURANCE COMPANY ( JULY 2012 till date):I have joined AMANA as a head of Risk Management Department in July- 2012. Role and Responsibilities: Prepare Risk Management Framework Set up Risk Management Strategies, Policy & Procedures Prepare Annual Risk Management Plan Organize and set Risk Management Committee Prepare Risk Management Charter Populate risk registers for Underwriting, Claims, Reinsurance, HR, Finance, Corporate Governance, IT, Sales & Marketing Risk scoring, Risk Report for each department SWOT Analysis Monitoring Corporate Risk as to maintain Corporate Stewardship Annual reporting to RegulatorPresently working as a Internal Audit Manager and responsible for risk based audit at organizational level. Preparing Internal Audit Charter, Framework, Annual Plan & Implementation.Directly reporting to the Internal Audit Committee and Board of Directors of the Company. Show less

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  Anexas consulatncy se

  May 2017 - now

  Head of risk management and insurance
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  Ratnaafin insurance

  Aug 2020 - Aug 2021

  Director
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  Aarvi insurance brokers private limited

  Oct 2021 - Apr 2022

  Strategic advisor to board of directors- aarvi insurance brokers (p.) ltd.
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  Sss risk management and insurance brokers pvt ltd

  May 2022 - now

  Strategic advisor to board of directors sss risk management & insurance brokers pvt. ltd.