Virender Singh, Senior Manager - Corporate Lines

Virender Singh

Senior Manager - Corporate Lines

Wehbe Insurance Services LLC

Location
United Arab Emirates - Dubai
Education
Master's degree, Management
Experience
17 years, 0 Months

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Work Experience

Total years of experience :17 years, 0 Months

Senior Manager - Corporate Lines at Wehbe Insurance Services LLC
  • United Arab Emirates - Dubai
  • My current job since June 2021

 Key Responsibilities:

• Dealing with GBN partners / RIs for global accounts

• Scheduling and attending meetings with clients and underwriters.

• Understanding the insurance requirements of clients and designing various policies.

• Handling Key Accounts.

• Managing new business from quotation to placement stage.

• Dealing with all major insurers in GCC.

• Negotiating price and policy terms with the underwriters.

• Conducting and Participating in Risk Inspection Survey.

• Handling Renewals with cover improvements and arranging alternate quotes timely.

• Managing Operations and SME portals teams including Personal lines.

• Client Portfolio and Claims Analysis.

• Reporting MIS on a Monthly basis on Production, Product-wise Growth and Achievement
of Results.

• Developing and Organizing Training Programs for sales and marketing staff mainly for
Product knowledge, Preliminary info requirements; and Technical know-how.

• Building and maintaining sustainable business relations with key accounts at both
strategically and tactical level, ensuring maximum customer satisfaction and quality
Norms.

• Creating new sales opportunities to find clients through Introducers and Affinity programs
along with Cross-selling and Upselling for existing clients.

Manager - General Insurance at Nasco M.E. Insurance Brokers LLC
  • United Arab Emirates - Dubai
  • May 2007 to June 2021

 Key Responsibilities:

• Dealing with UNIBA partners / RIs for global accounts

• Scheduling and attending meetings with clients and underwriters.

• Understanding the insurance requirements of clients and designing various policies.

• Handling Key Accounts.

• Managing new business from quotation to placement stage.

• Dealing with all major insurers in GCC.

• Negotiating price and policy terms with the underwriters.

• Conducting and Participating in Risk Inspection Survey.

• Handling Renewals with cover improvements and arranging alternate quotes timely.

• Managing Operations and SME portals teams including Personal lines.

• Client Portfolio and Claims Analysis.

• Reporting MIS on a Monthly basis on Production, Product-wise Growth and Achievement
of Results.

• Developing and Organizing Training Programs for sales and marketing staff mainly for
Product knowledge, Preliminary info requirements; and Technical know-how.

• Building and maintaining sustainable business relations with key accounts at both
strategically and tactical level, ensuring maximum customer satisfaction and quality
Norms.

• Creating new sales opportunities to find clients through Introducers and Affinity programs
along with Cross-selling and Upselling for existing clients.

Education

Master's degree, Management
  • at Master of Business Administration (MBA-Finance)
  • November 2009

➢ ACII ➢ FIII ➢ Master of Business Administration in Finance ➢ Master of Foreign Trade ➢ Bachelor of Commerce ➢ Post Graduate Diploma in Personnel Management

Specialties & Skills

Renewals
Cross Selling of Products
Negotiation
Reinsurance
General Insurance
General Insurance Broking including Motor Fleets
Negotiation deals with underwrites and clients
Quality Control for best customer services
Co-insurance and Reinsurance arrangements
Leadership, Organizing, Communication, Motivation
Highest renewal retention with alternate options

Languages

English
Expert

Training and Certifications

Various Insurance Seminars in UK (Training)
Training Institute:
The Chartered Insurance Institute, UK

Hobbies

  • Cricket
    Playing Cricket with Insurance companies and brokers in UAE: - RSA Cricket Tournments, - IRIS cup (Rak Insurance), - Insurance Premier League