Durgaprasad Sarangi

Durgaprasad Sarangi Email and Phone Number

Simplicity || Curiosity || Commonsense @ Universal Sompo General Insurance Co. Ltd.
Mumbai, MH, IN
Durgaprasad Sarangi's Location
Mumbai, Maharashtra, India, India
Durgaprasad Sarangi's Contact Details

Durgaprasad Sarangi work email

Durgaprasad Sarangi personal email

About Durgaprasad Sarangi

'I have not failed. I’ve just found 10,000 ways that won’t work.' – Thomas Edison This quote resonates deeply with me, reaffirming my belief in embracing failure as a stepping stone to growth. Failures are not setbacks; they're opportunities to learn and persevere in the face of challenges. As someone passionate about innovation, I've encountered numerous failures in both my personal and professional pursuits. However, instead of being discouraged, I view them as valuable lessons, applying a trial-and-error approach to navigate towards success.In my downtime, I find solace in traveling to new destinations and engaging in wood resin craft projects. These hobbies not only help me relax but also inspire me to think creatively and approach problems from diverse perspectives.I'm always eager to connect and exchange ideas. Feel free to reach out to me at durga_sarangi@yahoo.com. Let's inspire each other!

Durgaprasad Sarangi's Current Company Details
Universal Sompo General Insurance Co. Ltd.

Universal Sompo General Insurance Co. Ltd.

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Simplicity || Curiosity || Commonsense
Mumbai, MH, IN
Employees:
1923
Durgaprasad Sarangi Work Experience Details
  • Universal Sompo General Insurance Co. Ltd.
    Universal Sompo General Insurance Co. Ltd.
    Mumbai, Mh, In
  • Symbo
    Vice President Insurance Product
    Symbo Jul 2023 - Present
    Mumbai, Maharastra, In
    We are Symbo. We are here to Derisk the World.• Embarking on a mission to craft cutting-edge insurance solutions that are both intuitive and contextually relevant for the NextGen market.• Envisioning the future where "Customer Experience" stands at the forefront of our values, recognizing its pivotal role in the core of our operations.• Acknowledging the critical role of Insurance Carriers in the value chain, we understand that nurturing strong relationships is paramount.• Our track record speaks volumes, having earned the trust and loyalty of customers, partners, and insurance carriers. We are committed to upholding this trust through seamless operations and efficient claims settlement process.• Rooted in a passion for sales and a mindset deeply ingrained in technology, I bring a unique blend of heart and intellect to the table.
  • Universal Sompo General Insurance Co. Ltd.
    Vice President Digital Partnerships
    Universal Sompo General Insurance Co. Ltd. Jul 2021 - Jun 2023
    Mumbai, Maharashtra, In
    Devise digital partner acquisition strategies, lead and mentor teams for building strategic alliances and implementing digital initiatives, and co-create mutually beneficial digitalisation plans. Partner with insurtech and fintech firms, web aggregators, e-commerce channels, and online marketplaces to aid company's digital transformation journey. Key Achievements:✦ Reduced loss ratio of portfolio by a large percentage by improving products, shutting down loss-making businesses, and arresting premium leakages ✦ Built strategic alliances with several new digital partners, reducing dependency on existing business partners ✦ Collaborated with product team for developing two new products to cater to requirements of insurtech, fintech, and online marketplaces, potentially adding several million INR in GWP (Gross Written Premium) within one year
  • Ujjivan Small Finance Bank Limited
    National Product Manager: Third Party Products (2020–2021); Product Manager (2016–2020)
    Ujjivan Small Finance Bank Limited Aug 2016 - Jul 2021
    Bengaluru, Karnataka, In
    Drove efforts for competent management of third-party products' lifecycles, developed product compliance processes, and collaborated with third parties for new product/process improvement projects. Liaised with analytics team for mining and analysing data to drive product optimisation/improvement initiatives. Also, evaluated and identified improvement opportunities for Bank's IT infrastructure. Key Achievements:✦ Grew Bank's annual revenue from a few lacs (INR) to several crores (INR) by establishing new business verticals, launching new products, and digitalising insurance business✦ Automated processes for reducing income leakage and reconciliation issues
  • Indusind Bank
    Assistant Vice President And National Product Manager: Bancassurance
    Indusind Bank Jul 2015 - Aug 2016
    Mumbai (Maharashtra), In
    Developed strategy for distribution of insurance products, devised product mix and launch plans, and implemented technological enhancements. Key Achievement:✦ Improved customer retention rate and generated premium worth several crores (INR) by setting up an outbound call centre
  • Sbi General Insurance
    Regional Channel Head: Bancassurance
    Sbi General Insurance May 2010 - Jul 2015
    Mumbai, Maharashtra, In
    One of the first employees of company’s retail bancassurance business, in charge of, leading team for building organisation’s retail and SME insurance business. Also, recruited high-calibre sales talent. Key Achievements:✦ Grew annual GWP from 'zero' to several crores (INR) by increasing penetration into Bank’s loan book and through cross-sales to existing customers✦ Received Best Bancassurance Head award for exemplary performance
  • Ttk Healthcare Limited
    Manager: Business Development And Customer Service
    Ttk Healthcare Limited Oct 2009 - Apr 2010
    Chennai, Tamil Nadu, In
    Drove efforts for acquiring new customers, managing key accounts, and fostering business relationships with insurance partners and brokers for company's health insurance business.
  • Reliance Life Insurance
    Manager: Business Development
    Reliance Life Insurance Feb 2008 - Apr 2009
    Mumbai, Maharashtra, In
    Developed and implemented worksite marketing programmes and promotional activities, ensured achievement of policy booking TAT, and secured approvals for deviations.
  • Icici Lombard General Insurance Company Limited
    Sales Manager: Bancassurance
    Icici Lombard General Insurance Company Limited Sep 2005 - Feb 2008
    Managed cross-sales; executed business development and marketing initiatives for motor, home, and health insurance businesses in Karnataka through business partners; and devised loyalty programmes.
  • Aviva India
    Financial Planning Consultant
    Aviva India Sep 2004 - Jul 2005
    Gurugram, Harayana, In
    Researched and identified clients' requirements through financial health checks, managed post-sales servicing, and up-sold new products.

Durgaprasad Sarangi Skills

Team Management Business Development Sales Relationship Management Mis Insurance Management Bancassurance Portfolio Management Crm Sourcing Banking Cross Selling General Insurance Channel Partners Vendor Management Human Resources Marketing Sales Plan Underwriting Business Relationship Management Management Information Systems Program Management Project Planning Strategic Financial Planning Retail Financial Risk

Durgaprasad Sarangi Education Details

  • Alliance University
    Alliance University
    Post Graduate Diploma In It And Management
  • Utkal University
    Utkal University
    Accounting

Frequently Asked Questions about Durgaprasad Sarangi

What company does Durgaprasad Sarangi work for?

Durgaprasad Sarangi works for Universal Sompo General Insurance Co. Ltd.

What is Durgaprasad Sarangi's role at the current company?

Durgaprasad Sarangi's current role is Simplicity || Curiosity || Commonsense.

What is Durgaprasad Sarangi's email address?

Durgaprasad Sarangi's email address is du****@****hoo.com

What schools did Durgaprasad Sarangi attend?

Durgaprasad Sarangi attended Alliance University, Utkal University.

What skills is Durgaprasad Sarangi known for?

Durgaprasad Sarangi has skills like Team Management, Business Development, Sales, Relationship Management, Mis, Insurance, Management, Bancassurance, Portfolio Management, Crm, Sourcing, Banking.

Who are Durgaprasad Sarangi's colleagues?

Durgaprasad Sarangi's colleagues are Seraj Ansari, Nesamani B, Robin Singh, Sudhir Godbole, Manish Kumar, Amjad Pathan, Sandesh Satam.

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