PARIMAL MADLANI, Strategic Advisor to Board of Directors-

PARIMAL MADLANI

Strategic Advisor to Board of Directors-

SSS Risk Management & Insurance Brokers Pvt. Ltd.

Location
India - Ahmedabad
Education
Doctorate, Management (Insurance & Risk Management
Experience
37 years, 7 Months

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Work Experience

Total years of experience :37 years, 7 Months

Strategic Advisor to Board of Directors- at SSS Risk Management & Insurance Brokers Pvt. Ltd.
  • India - Ahmedabad
  • My current job since June 2022

Strategic advisor for the technical underwriting and claims. Providing product training to employees, advising for recruitments, and business development.

Strategic Advisor to BOD at Aarvi Insurance Brokers Pvt. Ltd
  • India - Ahmedabad
  • October 2021 to April 2022

Recognized as a leader with strengths in establishing business processes, defining Continuous improvement processes,
building consensus and delegating a right task to the right person. A strategic planner with expertise in designing
systems/procedures & contributing to improved performance heightened productivi ty & enhanced internal controls
* In-depth knowledge & vast experience of Health Claims management of +20 years and settled around 5, 000 claims of
various nature. Underwritten all lines of Insurance including Property & Casualty, Engineering, Liability, & Marine
* Delivered expert lectures on Health Care Management at Surgeons’ Association and Famil y Physician Association as well
* Expert in managing Insurance & reinsurance underwriting/claims processing & risk analysis to recognize technical &
functional analysis for efficient risk transfer including asset management, solvency margin & risk analysis
* Design, deliver and implement a clear company-wide framework for the identification, monitoring, reporting and prompt
escalation of risk and regulatory compliance
* Lead and developed TPA Service Level Agreement and implemented the same
* Hands-on preparations of all kinds of Insurance Manuals viz. Underwriting, Claims, and ERM, etc.
* Hands on developing, directingand monitoring sophisticated creditrisk management strategies associated with receivables
* Drive the "data strategy" - thinking of new data sources, making those data sources available, talking to third parties
* Align the analytical approach and available data, with the Company's strategy
* Worldwide approved trainer (CRCMPT) for Risk Management & Compliance by IARCP-US
* Expertise in formulating business-centric & value-focused strategies that applies to local & global insurance arena
* Competent Reinsurance Expertise from Facultative Placement to Treaty Placement, Treaty Renewals & Claims

Head at Anexas Consulting
  • United Arab Emirates - Abu Dhabi
  • May 2017 to January 2022

Head of Insurance & Risk Management Anexas Consulting, Abu Dhabi (Free-lance consultant)

I have been returned to India in the month of May-2017 and joined as a Head of Insurance & Risk Management as a free-lance consultant at Anexas Consulting- Abu Dhabi and imparted various Risk Management training at ADNOC- Abu Dhabi

I was also rendering expert services at Technopolis Insurance Brokers Pvt. Ltd., Ahmedabad-India, wherein working for the growth and development of the Company

Head of Risk Management & Auditing at Amana Cooperative Insurance Company
  • Saudi Arabia - Riyadh
  • July 2012 to January 2017

I was heading Risk Management & Internal Audit department at the Amana Cooperative Insurance Company (Saudi Listed Company), KSA.

Risk Manager
  • December 2009 to June 2012

Saudi Indian Insurance Company, KSA
As Reinsurance & Head of Product Development Department &

Founder at Vidisha Insurance Services
  • May 2008 to December 2009

Successfully acted as Insurance & Risk Consultant-Founder of Vidisha Insurance Services, Rajkot
 Key role in establishing Insurance Services Firm & subsequently converted same to the Insurance Broking Company viz.
Technopolis Insurance Brokers Private Limited with Head Office at Rajkot & Branch Office at Ahmadabad
(www.technopolis.co.in

National Head at Karvat Group of Companies
  • India
  • July 2007 to April 2008

Underwriting, Claims & Training
 Vital role in formulating and implementing operational procedures involving acceptance of proposal, underwriting
guidelines & claims.Efficiently handled marketing operations while delivering training to All India Managers, Underwriters
& Sales Force
 Channelized hospitals & diagnostic centers networking on PAN India Network
 Well-versed with CPT Codes- understanding of all categories
 Managed administration of performancemanagement programme involvingperiodic performancereviews & appraisals for
all employees. Spearheaded all customer & sales queries both pre- post enforcement.
 Key rolein initiatingup-selling, cross-sellingformula & developingsales verticalsproviding efficient 24x7 claims services in
the market tracked health claims of all branches across country lodged with Medical TPA DHS India Private Limited.
 Interfaced with TPA and aligned regular meetings for efficient claims settlement across PAN India, Identifications of fraud
claims and mitigating fraud risks.
 Guided centralized underwriting of all India through established IT System within 6 hours with a team of 50+ managerial
staff and 400+ administrative staff

Training Faculty at United India Insurance Company Limited
  • India
  • May 1986 to July 2007

Education

Doctorate, Management (Insurance & Risk Management
  • at Kazian School of Management
  • December 2016

Specialization in Insurance & Risk Management

Higher diploma, Risk Management & Compliance
  • at International Association of Risk & Compliance Professional
  • May 2012
Master's degree, Insurance & Risk Management
  • at Kazian Global School of Business Managemen
  • January 2008

ISO

Higher diploma, Insurance, Reinsurance, Risk Management
  • at Insurance Institute of India
  • October 1998

Majors Reinsurance, Management Accounting

Bachelor's degree, Advanced Accounting & Auditing
  • at HLCC Gujarat University
  • January 1983

Specialization in Advanced Accounting & Auditing

Bayt Tests

IQ Test
IQ Test
Score 68%

Specialties & Skills

Risk Management
Underwriting
Product Liability
Claims Management
Reinsurance
CONSULTING
INSURANCE
MANAGEMENT
RISK MANAGEMENT
BUSINESS PROCESS
DEVELOPMENT
NETSCAPE ENTERPRISE SERVER
POLICY ANALYSIS
PROCESS ENGINEERING
RESEARCH

Languages

English
Expert
Hindi
Expert