Ayush Asthana

Ayush Asthana

Engineering Intern

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location of Ayush AsthanaMumbai, Maharashtra, India

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  • Timeline

  • About me

    Insurance Consulting | Performance Improvement

  • Education

    • Seth M.R Jaipuria, Lucknow

      1997 - 2009
      SSC & HSC Science + computer science SSC : 91.14% HSC: 82.83%

      Activities and Societies: Participated in 1. Inter school competition: Football, Basketball, Hockey,Cricket. 2. Activities: Clay modelling, Computer science etc.

    • SVKM's Narsee Monjee Institute of Management Studies (NMIMS)

      2010 - 2015
      Master of Business Administration (MBA) Finance, General 3.01/4 CGPA

      Activities and Societies: Team member : 1. Mumbai -MUN 2. IEE 3. ACM 4. Inter branch football compettion 1. Research paper on-"​ Scope of Islamic Banking in India"​The paper is divided into 3 parts: a. Descriptive study of both Islamic banks and conventional banks b. Profitability analysis and comparison between both the banksc. Awareness study.2. CEAT project :"Opportunities for two wheeler tyre in India"a. Study the current marketb. Brainstorming session for developing ideas and secondary research for new developmentsc. Primary research to judge public… Show more 1. Research paper on-"​ Scope of Islamic Banking in India"​The paper is divided into 3 parts: a. Descriptive study of both Islamic banks and conventional banks b. Profitability analysis and comparison between both the banksc. Awareness study.2. CEAT project :"Opportunities for two wheeler tyre in India"a. Study the current marketb. Brainstorming session for developing ideas and secondary research for new developmentsc. Primary research to judge public perceptions Show less

  • Experience

    • JAY BHARAT MARUTI LIMITED

      Feb 2013 - May 2013
      Engineering Intern

      Project: Productivity improvement in a robotic press lineThe aim was to improve the strokes per unit of the 1200 ton robotic press line .I was part of process optimization team, where we as a team suggested various capital intensive and other ways to improve the newly installed press line. The project importance can be highlighted by the fact that almost 70 percent of the products manufactured had to involve the above mentioned press line.

    • Braithwaite & Co.Limited

      Jun 2013 - Jul 2013
      Engineering Intern

      Project : Study of BOXN-HL WagonWorking at braithwaite as an intern helped me understand how govt companies work and how they are different from private companies in terms of resource available, responsibilities, practice's etc.I visited and learned about working designing and manufacturing of wagons and their uses.

    • EY

      May 2014 - Sept 2014
      Finance Intern

      Projects: 1. Impact of cash and cheque deposit machines on Bank's performanceThorough primary research on how installing a cash and cheque deposit kiosk impacts or has impacted the bank 's overall performance in terms of deposits.The basic idea was to do to a cost benefit analysis of these kiosks.It also includes secondary research on overall impact expected by industry experts of these kiosks.2. Understanding home loans and creating a new home loan product.The challenge was to create a basic home loan product which could better the current products available in the market. Show less

    • IndusInd Bank

      Jun 2015 - Aug 2016
      Management Trainee - Zonal Operations and Strategic Projects Team

      Zonal team: Zonal operations - GBO1. FTR Monitoring - West zone:.Authorised for FTR (First Time Right) operations with the aim to improve Saving & Current account opening processObjective to Improve FTR % of west zone & ensure forms are logged and opened within TAT & without Exceptions 2. Collaborate with Reporting Team to ensure Good Data Quality3. Reporting metrics and branch performance reporting.(deliverables like vouchers, sundry line, anti money laundering alerts,complaints ) 4.Conducted in depth management study of a critical rated branch. The purpose of study was to highlight the key problems faced by the branch.5.Conducted a thorough cost-benefit analysis of Currency chest–Indusind6.Currently working on developing a process for checking the knowledge and overall comfort level of new employees joining branch banking . The objective is to ensure that the front end and back end staffs present in a branch should be competent enough to drive the overall customer acquisition and satisfaction.Previously worked in strategic projects team of consumer banking .Previous project : Asset carnivalIt involved monitoring and smoothening of end to end processes.1.The objective was to increase the asset side of the bank by running a effective campaign2.Preparing ,maintaining, and uploading reports like tracking , pendency , call leads ,for effective communication.3.Basic analysis of various reports to identify the bottlenecks.Overview and training in all aspects of banking : General banking operations and Corporate and global market operations.It includes initial 3 months training in general banking operations- umbrella comprising of branch operations,centralised clearing,hub ops,RCU,currency chest,fraud prevention and audit compliance,complains management,processes and projects,AML and KYC and clearing and cash disposal.In Corporate and global market group training focuses on treasury ops,trade services, risk and controls, depository ops etc Show less

    • Aditya Birla Health Insurance Company Limited

      Aug 2016 - Jan 2020

      Analytics and process automationA. Drove claims and agent profiling analytics B. Bottleneck analysis in operational workflow .Pain areas and time vs volume impact.C. Helped benchmark processes in operations as a part of quality and excellence teamD. Drove initial Google analytics and reporting and also identified improvement areas E. Helped Automated group endorsements by building a macro based endorsement model. Also drove small scale automations in business issuance processes. Show less

      • Senior Manager - Finance and Planning

        Jul 2019 - Jan 2020
      • Manager - Finance Planning and Strategy

        Nov 2017 - Jun 2019
      • Deputy Manager - Central Operations and Analytics

        Aug 2017 - Oct 2017
      • Analyst - Reporting and Datawarehouse Management

        Aug 2016 - Jul 2017
    • Kotak Life

      Jan 2020 - Sept 2021
      Assistant Vice President

      A. Responsible for Shareholder reporting .B. IRDA BAAP Reporting for the organisation.C.Business planning and cost management.D. Competition analysis and benchmarking

    • HDFC ERGO General Insurance

      Sept 2021 - Mar 2023
      Assistant Vice President

      CEO’s Office - Corporate Strategy

    • EY

      Apr 2023 - now
      Engagement Manager
  • Licenses & Certifications

    • VB.Net

      CMC
    • Pro-E - UPTECH Certification

      Uptech