Khalid Jumani, Manager - Employee Benefits Practice

Khalid Jumani

Manager - Employee Benefits Practice

MARSH Pakistan - Unique Insurance Brokers Pvt Ltd

Location
Pakistan - Karachi
Education
Diploma, Insurance
Experience
17 years, 0 Months

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Work Experience

Total years of experience :17 years, 0 Months

Manager - Employee Benefits Practice at MARSH Pakistan - Unique Insurance Brokers Pvt Ltd
  • Pakistan - Karachi
  • My current job since July 2013

• Managing over 50 Corporate Clients on both Group Medical and Life Policies comprising of more than 50, 000 lives.
• Specialized in providing insurance and risk management solutions to corporate clients as a strategic insurance consultant.
• Business Development & Acquisition of new clients on Employee Benefits & in different lines of businesses as well.
• Developed consulting solutions that are considered best-in-class in the areas of;

 Flexible benefits, Health Management,
 Vendor evaluation & TPA Audit,
 Cost Containment Strategies,
 Employee surveys & Communication.

• Arranging Health Awareness / Disease Management session’s for client on different topics after analyzing their claim trends.
• Prepare different Cost containment strategies.
• High level review and comments on appropriateness of benefit design & recommend changes as per their claim utilization.
• Ensure high quality of service to clients and ensure customer satisfaction and to ensure client retention.
• Renewal of Life and Medical Polices is one of my major strengths and has successfully renewed 99% of our existing portfolio over the year.
• Support International consulting group in securing global mandates for Mercer Marsh.
• Prepare claim experience analysis report as per MARSH Standards

Accounts Executive at MARSH Pakistan - Unique Insurance Brokers
  • Pakistan - Karachi
  • February 2012 to June 2013

• Evaluate applications for insurance policies and assess the degree of risk
• Responsible for analyzing information in insurance applications
• Studying insurance proposals of different Insurance Companies and studying background information, such as medical history, demographic etc
• Responsible for renewal reviews of current business.
• Responsible for making company’s portfolio report.
• Forecast of Future costs
• Claims audit, review and preprocessing
• Service benchmarking

Underwriter at adamjee insurance company limited
  • Pakistan - Karachi
  • October 2010 to February 2012

• Evaluate applications for insurance policies and assess the degree of risk
• Calculate possible risk and determine appropriate premium
• Responsible for analyzing information in insurance applications to determine the probability of loss for the company
• Studying insurance proposals and gathering background information, such as medical history, demographic etc
• Consulting with brokers or potential customers to prepare quotes
• Responsible for renewal reviews of current business.
• Responsible for making company’s portfolio report.

Inventory Accountant at School of Business Studies (Pvt) Ltd
  • Pakistan - Karachi
  • May 2007 to October 2010

• Preparing inventory and sales report on daily and monthly basis.
• Maintaining Account receivable ledger.
• Maintaining Sales day book, Sales return books & Complimentary Sales books.
• Preparing and maintaining Delivery Notes, Sales Invoice, Performa Invoice & Credit Notes.
• Coordinating with British Council for Conducting CBE’s paper.
• Maintaining student’s data in SBS SQL server

Education

Diploma, Insurance
  • at Chartered Insurance Institute
  • December 2017

IF3 : Insurance Underwriting Process IF1 : Insurance, Legal & Regulatory IF7 : Healthcare Insurance Products P64 : Private Medical Insurance Practice

Master's degree, Finance
  • at Muhammad Ali Jinnah University
  • December 2013

Major Courses Financial Derivative Advanced Accounting Financial Management Introduction to Business Finance Cost Accounting Financial Accounting Marketing Research Business Communication Marketing Management Macro Economics Business Mathematics and Statistics Introduction to IT Human Resource Management Statistical Inference Introduction to Management Managerial Policy Portfolio Management Analysis of Financial Management Introduction to MIS Business Law Islamic Banking Financial Modeling Micro Economics Managerial Accounting

Bachelor's degree, Commerce
  • at Karachi University
  • December 2007

Bayt Tests

Microsoft Excel 2013 Test
Score 60%

Specialties & Skills

Health Insurance
Underwriting
Negotiation
Analytical Skills
Microsoft Office
MS Office
Analyzing
Innovative
Quick Learner
Self Motivated
Management

Languages

English
Intermediate

Training and Certifications

Takaful Insurance (Training)
Training Institute:
Pakistan Insurance Institute
Date Attended:
June 2014
Duration:
5 hours
Customer Relations / Consultancy (Training)
Training Institute:
Associates of Certified Chartered Accountant
Date Attended:
July 2010
Underwriting Skills (Training)
Training Institute:
Adamjee Insurance Company Limited
Date Attended:
January 2012

Hobbies

  • Playing Table tennis & badminton, Reading articles,