Apoorva Shukla

Strategic professional with 7+ years of experience in financial operations, marketing, claims settlement, and underwriting. Skilled in navigating complex challenges, with expertise in risk analysis and leveraging industry knowledge to drive growth and efficiency.

Work Experience

Assistant Manager | United India Insurance Co Ltd | Jagdalpur

  • Sales Team Leadership: Led a sales team of 150+ insurance agents, provided strategic guidance to drive consistent premium growth and performance improvements.
  • Digital Transformation: Led the digitalization initiative, training 150+ agents and 12 staff on a new portal, achieving 80%+ digital policy generation, reducing branch visits, and enhancing operational efficiency.
  • Strategic Marketing: Implemented high-impact marketing strategies, resulting in profit growth from Rs 3.56 Cr to Rs 5.39 Cr and premium increase from INR 25.82 Cr to INR 26.36 Cr (2019-2020).
  • Data-Driven Risk Management: Leveraged data analytics to uncover patterns in claims ratios, contributing to effective risk management strategies and more informed decision-making.
  • Underwriting Leadership: Directed underwriting processes, including quotations, risk analysis, and policy generation
  • Claims Management: Achieved a 94%+ claim settlement ratio, processing over 600 claims in FY 2018-19, significantly enhancing customer trust and satisfaction.
  • Crisis Leadership: Successfully maintained branch operations and ensured uninterrupted customer support as the sole point of contact during lockdowns.
  • Product Portfolio Management: Managed a diverse portfolio of insurance products including Contractor All Risk, Employee Compensation, Health insurance, Motor insurance, Public Liability Policy, and Marine insurance, demonstrating comprehensive industry knowledge.
  • Merger Leadership: Led the strategic merger of two Korba divisional offices (combined premium: INR 49.15 Cr), creating a unified and efficient operation in February 2021.
  • Regulatory Compliance: Ensured 100% compliance for over 20,000 policy issuances annually, maintaining zero compliance issues by strictly adhering to company and statutory regulations.
  • Cross-functional collaboration: Collaborated effectively with agents, surveyors, and repairers to optimize customer satisfaction, improve processes, and elevate overall service quality.
  • Key Account Management: Served as primary liaison for high-net-worth clients and companies, implementing effective customer management strategies and resolving complex issues to ensure loyalty and maximize satisfaction.


Officer | Canara Bank | Ahmednagar

  • Cash Operations: Played a crucial role in managing cash transactions efficiently during the demonetization period, handling approximately INR 4 crore in transactions while acting as a cash officer of a major branch.
  • Digital Banking Promotion: To reduce customer dependency on branch visits, promoted and educated customers on digital banking solutions, including mobile apps and missed call services.
  • Account Opening Drive: Successfully facilitated the opening of 200+ zero balance accounts for the first-time account holders during a special weekend drive under the PM Jan Dhan Yojna.
  • Credit Analysis: Assisted senior officers in processing loan applications, gaining hands-on experience in credit evaluation and risk assessment.
Accomplishments
  • Fast-Track Promotion: Achieved a rapid promotion to Assistant Manager, ranking in the top 2% of candidates in a competitive fast-track exam.
  • Agent Recruitment Award: Awarded for recruiting the highest number of agents in 2020 in Raipur region
Education

MA, Psychology, IGNOU

Fellowship in Insurance, Insurance Institute of India

B.Tech, Metallurgy, NIT Raipur

Certificates
  • Lean Six Sigma, KPMG
Co/Extra-curricular
  • Successfully planned and executed a Corporate Social Responsibility (CSR) project with a budget of 2.5 lakhs in 2018, benefiting around 150 students of Govt Middle School, Dadar Khurd, CG

Quick Look

  • Work Experience: 7.5 Years
  • Previous Roles

    Administrative Officer, Claims & Marketing Management, United India Insurance Co Ltd

    Officer, Cash Management, Canara Bank

  • Function : Consulting
    General Management
    Sales & Marketing
  • Industry/Sector: BFSI
Work Experience

Assistant Manager | United India Insurance Co Ltd | Jagdalpur

  • Sales Team Leadership: Led a sales team of 150+ insurance agents, provided strategic guidance to drive consistent premium growth and performance improvements.
  • Digital Transformation: Led the digitalization initiative, training 150+ agents and 12 staff on a new portal, achieving 80%+ digital policy generation, reducing branch visits, and enhancing operational efficiency.
  • Strategic Marketing: Implemented high-impact marketing strategies, resulting in profit growth from Rs 3.56 Cr to Rs 5.39 Cr and premium increase from INR 25.82 Cr to INR 26.36 Cr (2019-2020).
  • Data-Driven Risk Management: Leveraged data analytics to uncover patterns in claims ratios, contributing to effective risk management strategies and more informed decision-making.
  • Underwriting Leadership: Directed underwriting processes, including quotations, risk analysis, and policy generation
  • Claims Management: Achieved a 94%+ claim settlement ratio, processing over 600 claims in FY 2018-19, significantly enhancing customer trust and satisfaction.
  • Crisis Leadership: Successfully maintained branch operations and ensured uninterrupted customer support as the sole point of contact during lockdowns.
  • Product Portfolio Management: Managed a diverse portfolio of insurance products including Contractor All Risk, Employee Compensation, Health insurance, Motor insurance, Public Liability Policy, and Marine insurance, demonstrating comprehensive industry knowledge.
  • Merger Leadership: Led the strategic merger of two Korba divisional offices (combined premium: INR 49.15 Cr), creating a unified and efficient operation in February 2021.
  • Regulatory Compliance: Ensured 100% compliance for over 20,000 policy issuances annually, maintaining zero compliance issues by strictly adhering to company and statutory regulations.
  • Cross-functional collaboration: Collaborated effectively with agents, surveyors, and repairers to optimize customer satisfaction, improve processes, and elevate overall service quality.
  • Key Account Management: Served as primary liaison for high-net-worth clients and companies, implementing effective customer management strategies and resolving complex issues to ensure loyalty and maximize satisfaction.


Officer | Canara Bank | Ahmednagar

  • Cash Operations: Played a crucial role in managing cash transactions efficiently during the demonetization period, handling approximately INR 4 crore in transactions while acting as a cash officer of a major branch.
  • Digital Banking Promotion: To reduce customer dependency on branch visits, promoted and educated customers on digital banking solutions, including mobile apps and missed call services.
  • Account Opening Drive: Successfully facilitated the opening of 200+ zero balance accounts for the first-time account holders during a special weekend drive under the PM Jan Dhan Yojna.
  • Credit Analysis: Assisted senior officers in processing loan applications, gaining hands-on experience in credit evaluation and risk assessment.
Accomplishments
  • Fast-Track Promotion: Achieved a rapid promotion to Assistant Manager, ranking in the top 2% of candidates in a competitive fast-track exam.
  • Agent Recruitment Award: Awarded for recruiting the highest number of agents in 2020 in Raipur region
Education

MA, Psychology, IGNOU

Fellowship in Insurance, Insurance Institute of India

B.Tech, Metallurgy, NIT Raipur

Certificates
  • Lean Six Sigma, KPMG
Co/Extra-curricular
  • Successfully planned and executed a Corporate Social Responsibility (CSR) project with a budget of 2.5 lakhs in 2018, benefiting around 150 students of Govt Middle School, Dadar Khurd, CG