Assistant Manager
National General Insurance Co. An EmiratesNBD Co.
Total years of experience :22 years, 3 Months
NGI is an associate company of EmiratesNBD and one of the fastest growing composite insurance companies in the UAE.
The position supports Management in decision-making especially on areas related to Business Performance Analysis, Reporting, assessing ways that company can optimize its productivity and ways to operate to maximize profitability. Reports to Head of Operations.
Worked alongside and actively interact with Operations, Sales, Technical and Finance teams.
New and Renewal Business Support including Business, Financial and Sales performance analysis.
Prepared monthly MIS, performance evaluation of Sales & Marketing teams.
Supported business development function with analysis on Compensation Structure and Margin.
Monthly S&OP (Sales & Operations Planning) process, coordination, reviews of actual and forecasts.
Recommended budget adjustments, other cost saving initiatives and measures.
Participated in Risk Assessment and Implementation of Software Systems.
Reviewed performance of different Business Units and products; and its financial, business status.
Provided technical support and analysis to operations, Sales and marketing area.
Developed a Sales and Distribution Dashboard by Channel (identification of risks/opportunities), Participation in LRP (Long Range Plan) in coordination with Sales and Finance team.
Business partnering with technical teams, review the impact of pricing factors on profitability.
Assessed & analyzed market share of products, businesses, SWOT and competitive analysis.
Carry out Channel, Variance analysis, Anti Money Laundering Review and other Value added Analysis.
Generated key Business portfolio statistics, Compliance reports for Government Regulatory Authorities.
KEY ACCOMPLISHMENTS
Revised three business Units Plans along with Heads of Sales, Finance & Actuarial.
Coordinated Business Unit’s Annual budget exercise and the Annual Corporate Business Plan.
Streamlined Financing Structure and revised Structure for Sales & Marketing Department.
Promoted thrice and was also assigned as Group Underwriter & reported to the Market Leader of AVIVA Ltd.
Analyzed declining sales and developed a campaign to increase it by 20% in less than one month.
Involved in identifying problems, needs and opportunities for improvement at all levels.
Improved incentive/ Commission payment process, which reduced the process time by 25 %.
Designed and created multiple report models which altered the reporting system at the company.
Participated in Underwriting, Reinsurance and Risk Management Audit Programs with KPMG & PWC.
Standardized and streamlined process flows of CRM and developed SLAs.
Centralized various Reporting Processes within the Business Division.
PROJECTS / MILESTONES at NGI
Project Member: 3 Oracle Based ERP Systems Implementation with committed user support.
Key Member to provide technical reports for company’s Global Rating Agencies - S&P and A.M Best
Project team member supported Watson Wyatt and PWC for Company valuations.
Single point of contact for all Reinsurance reports, charts and figures for Top Management.
Procedures development member for Department’s Operational Manual.
Member of Product launch team and in 3 Sales Incentive Restructuring Projects.
Standardized and streamlined process flows for CRM and developed SLAs.
Centralized various Reporting Processes within the Division.
ITC InfoTech India Ltd. is a subsidiary of USD 7 billion multi business Group ITC Ltd.
Prepared cost centers reports, revenue break up and receivables report.
Handled AR, AP, and carry out Aging Analysis.
Assist in preparing Cash flow analysis & receivables forecasting.
Highlights
Evaluated and recommended process change in ERP as core team member.
Assessed risks associated with process delays and escalate the same.
Assignments undertaken include preparing Quality metrics for Finance Department.
ITC InfoTech India Ltd. is a subsidiary of USD 7 billion multi business Group ITC Ltd.
Prepared cost centers reports, revenue break up and receivables report.
Handled AR, AP, and carry out Aging Analysis.
Assist in preparing Cash flow analysis & receivables forecasting.
Karvy is an ISO 9002 integrated financial services company. The main business at Karvy includes merchant banking, Insurance services, Broking Services and financial advisory services.
Provided pre and post sales and technical support for Company’s products.
Prepared, presented and customized financial, investment plans to clients.
Handled queries from Investors and other financial intermediaries.
First Class, Project Work: "Financial Appraisal of Ashok Leyland Ltd.” done for Corporate Treasury,Ashok Leyland Ltd., Madras
First Class Areas: Business Finance, Financial Accounting, MIS, Sales and Marketing. Project Work:“Sales and Marketing of Telephones” at Indian Telephones Industries Ltd. (A Government of India Enterprise) in April 1998.
Area:Comerce, Accounting,Business Studies