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<pre>Array ( [var] => cut_url ) </pre> Resume for PARIMAL M. for Manager / Supervisor / Team Leader / Insurance in Riyadh, Saudi Arabia. Search More Resumes for Manager / Supervisor / Team Leader on #1KWMBST8N

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Resume for PARIMAL M. for Manager / Supervisor / Team Leader / Insurance in Riyadh, Saudi Arabia

Occupation: Manager / Supervisor / Team Leader Industry: Insurance
Country: Saudi Arabia City: Riyadh
State: Ar Riyad ZIP: 11333

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| | |
|PARIMAL P. M. | |
|B.COM.,FIII | |
|Cell:+ | |
|Cell: +India | |
|Email: | |
I am + years experienced and technically qualified Insurance professional. I possess in depth knowledge
of all lines of business. I am selfmotivated, disciplined and wellorganized. I am working in Insurance domain
since May, . Comprehensive knowledge of Underwriting, Claims, Reinsurance and Product designing suits
to niche market.
I am expert of managing the entire operational activities encompassing Claim processing, policy issuance,
underwriting of all departments. Specialization in nonmotor business includes property and
engineering. Aviation, Risk Management & Reinsurance are key subjects at Fellowship. Personal
lines Insurance and Medical Insurance are my strength. Extensive knowledge of Para medical &
medical terminology is my added eminence. Interaction with Clients, Brokers, Surveyors, is an
ingredient of my Marketing flair and potency.
Present Role & Responsibilities:
I am presently working as a Risk Manager in Saudi Indian Company for Cooperative Insurance since
December, . As a functional head, my present role and responsibilities are to monitor day to day business
activities pertains to Underwriting, Claims, Corporate Key Accounts, Corporate Governance, Risk Management
consisting Systematic Risk, Strategic Risk, Reputational Risk, Liquidity Risk as well Legal Risk, IT
System, Credit Policy and product development. As senior management personnel, I have taken an additional
responsibility to develop various products for the Saudi Market. I have designed Professional Indemnity
Policy for Doctors, Medical Establishment, Engineers & Architects, Marine Hull & Pleasure Craft and
Householders & Shopkeepers Package Policy for the organization and seeking the approval of the
It is always my special endeavors to identify the risk and mitigate it with amicable solutions within the set
frame work of Risk Management. Well aware with Basel I & Basel II core requirements of Financial
Institutes like Banks/Insurance Companies.
Presently, I have been assigned an additional task of Reinsurance Manager W.e.f. April, ; I am
handling corporate facultative underwriting, treaty underwriting, claims and treaty accounts.
Prior Engagements:
| |
|:April to December : |
| |
|Established an Insurance Consulting Firm viz. Vidisha Insurance Services at Rajkot. |
|Consulting and servicing for all lines of business in General as well as Life Insurance |
|sector. Appoint and trained a team of + direct agents. Firm has now + clientele |
|includes Industrialist, Doctors and all mega hotels of the city. |
| |
|:July to April : |
| |
|Joined Karvat Group of Companies as a National Head. Company is marketing tailor made |
|Health Insurance Policy and Travel Insurance Policy approved by the PSU viz. National |
|Insurance Company Limited & Oriental Insurance Company Limited respectively. Company is |
|having branches across the country. On joining modified and amended the Health |
|Insurance Product for better marketing and set all the procedures of operations, includes |
|acceptance of the proposal, underwriting guidelines and claims handling. |
| |
|I was also accountable for monitoring Health Claims of all India lodged with Medical TPA |
|DHS India Pvt. Ltd., Liaisons with TPA and regular meetings for making claims settlement |
|more effective. |
| |
|I was managing centralized underwriting of All India through set IT system and my TAT was |
|less than hours. I was directly handling a team of + Managerial staff and in total |
|+ administrative staff regarding any query pertains to the product underwriting, |
|marketing. |
| |
|I was also responsible for All India Training to Managers, Underwriters and Sales force. |
| |
|:May to July : |
| |
|I have joined United India Insurance Company Limited as an Administrative Assistant at |
|Ahwa Branch. to : |
| |
|Underwrite exceeding Motor, Fire, Cattle and other general insurance policies. |
|Administer the entire processing of claims right from the time of reporting to settlement.|
| |
|Managed accounts, trial balance and bank reconciliations. |
| |
|Rajkot Divisional Office to : |
| |
|In charge for motor insurance claims during the first year; managed all motor claims from |
|registration to settlement approx. for all classes of vehicles. |
| onwards moved to Miscellaneous Claims Department wherein managed personal line |
|claims, workman compensation, professional indemnity, engineering and claims pertaining to|
|burglary, householders and shopkeepers Insurance . |
|Process and settled more than claims during this span of all lines of business. |
|During the tenure almost to Health Insurance claims per annum |
|registered, processed and settled. It includes Medical referee appointment, reporting and |
|medical fees payment. Dealt with almost plus claims of various natures. |
|Handled Fire and Marine claims as an added responsibility as the volume of |
|claims not too high. |
|Appointed inhouse surveyor to assess the loss of motor and engineering claims |
|. Conducted more than surveys independently without any dispute and full |
|satisfaction of the clients and management. |
|Appointed as the approved faculty of IRDA in divisional training centre, Rajkot to train |
|the insurance agents; successfully completed training programs covering more than |
|agents from . |
< International presentation during Rotary meetingDubai held at World Trade Centre on "Present
Scenario Of Insurance In India And U.A.E." offering international data of insurance comparisons and
trends, Feb
< Chosen twice as a Key Note Speaker for Insurance by Corrugated Box Manufacturing Association, Gujarat.
< Designated Special Speaker on the subject of Insurance by Saurashtra and Kutch Productivity
< Invited as a Guest Speaker for TPA and Health Insurance by Surgeon’s Association of Rajkot and
Family Physician’s Association.
Successfully completed diplomas from Insurance Institute of India in
o Fellowship of Insurance Reinsurance & Risk Management, FIII
o ACII Holds Credits and will be persuing remaining credits in April .
o Pragya Examination of Hindi.
o Certification in Computers from NIIT Swift Professional.
o Life Member of Insurance Institute of India.
o Member of Chartered Insurance InstituteLondon.
o Holding valid GCC License.
o B. Com. Advanced Accounting & Auditing from HLCC, Gujarat University, .
o USD / Plus perks like Family Status, Family Medical, Days Paid Vacation w

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