Manas Sahu

Manas Sahu Email and Phone Number

Bhubaneswar, OD, IN
Manas Sahu's Location
Bhubaneshwar, Odisha, India, India
Manas Sahu's Contact Details

Manas Sahu work email

Manas Sahu personal email

About Manas Sahu

I have 20+ years of thorough professional experience in the BFSI industry. I have had exposure to various functions like business strategy & development, channel development and management, grievance management, operational excellence, MIS reporting, rewards and recognition, statutory compliance and branch operations including support to Bank Partners . I've gained professional acumen in the field of Insurance Sales, specializing in Life Insurance, Health & General Insurance. I've been competent in setting up winning and effective sales teams; have led teams over the years to ensure profitable and sustainable business growth models; conceptualized and implemented innovative strategies leading to growth in both top and bottom line business; managed diverse stakeholders including senior leadership, direct teams, cross-functional resources & channel partners; along with ensuring operational risk management including fraud prevention and fraud mitigation.My most current venture has been where I've functioned as the Profit Center Head to generate revenue and control cost in an efficient and effective manner without compromising on quality of services. I ensured systematic controlling of the channel distribution network with recruitment, training & developing of insurance consultants, and managing effective sales teams. I have also established new branch offices and satellite offices as per requirement through careful market segmentation; managed zonal level sales-administration personnel; built up strategies to curb the great number of fraudulent activities during insurance sales; and build up efficient team to effectively handle various activities associated with FPU department. I am LOMA trained from ALMI, and MBA Finance and Systems from Utkal University, and have taken additional training on interactive skills, product and brand planning management, and sales and marketing personnel for back-end support. To know more please write to manas.sahu04@gmail.com

Manas Sahu's Current Company Details
Wealth Quest Financial Services

Wealth Quest Financial Services

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Consultant
Bhubaneswar, OD, IN
Manas Sahu Work Experience Details
  • Wealth Quest Financial Services
    Consultant
    Wealth Quest Financial Services
    Bhubaneswar, Od, In
  • Edelweiss Tokio Life Insurance
    Regional Manager
    Edelweiss Tokio Life Insurance Sep 2021 - Present
    Bhubaneswar, Odisha, India
    Working as Regional Head, I am responsible for achieving the Organizational Goals through Manpower, Distribution Buildup, Agency Earnings & Customer Focus with a team of 11 Units.Managing Regular Field Activities and Reviewing the Input Parameters on a regular basis to help increase the productivity.• Develop and implement Business Strategies for consistent business delivery through distribution buildup and better intermediary earnings.• Recruited, Developed and managed the entire hierarchy of over 500+ team members• Achieved No.3 Position for highest Intermediary recruitment• Achieved 3rd Highest Activation throughout
  • Springdale Insurance Broking Pvt Ltd
    Sr Vice-President
    Springdale Insurance Broking Pvt Ltd Apr 2017 - Sep 2021
    Bhubaneswar, Odisha, India
    A professional Insurance Broking House, licensed by IRDAI, to extend Consultations & Broking Services for all kinds of insurance products & solutions encompassing Life & General including Health both in Retail & Corporate segments including Govt Bodies (PSUs & Corporations) for Individuals & Groups.' To establish SPRINGDALE Insurance Broking, now known for its superiority as a Health Insurance Broking House on Individual & Group Health. On the way to make a better Health & General Insurance Consulting & Broking Services Act as a liaison between Corporates including SMEs, Govt bodies and Insurer with a retention rate of 100% Single handedly grew my book of business from nothing to hundreds of clients in General Insurance & life Insurance (both) is taken care for Individual, Group, Corporate including Govt bodies & employees Benefits at Health, Motor, Non-Motor, Assets & Liability, Life including Term, Gratuity & GTL Established our relationshipsat many Companies including Corporations, Banks, IT Companies, and Govt Bodies in different industries,
  • Bajaj Allianz Life Insurance Co. Ltd.
    Avp - Fraud Prevention
    Bajaj Allianz Life Insurance Co. Ltd. May 2015 - Apr 2017
    Pune, Maharashtra, India
    While in this role, I established an effective fraud prevention team, along with live verification setup process by including outsourced external investigation agencies across 22 States. Additionally, I ensured analytics based risk identification thereby ensuring random sampling based fraud prevention approach; placed approximately 57 system checks and measures (EWS) to categorize all New Business cases either in risk or non-risk, with clear do-ables for risk underwriters; curbed risk for the company by identification and prevention of future Fraud/Risk; and attributed for minimizing company’s risk under various internal parameters. I identified 652 PIN locations across India which are high risk locations, and managed around 47 units across PAN India. I was recognized by the organization’s leadership for regular circulation of unit based loss profile to all sales channels up to the end point of the sales hierarchy, creating an awareness about fraud across the company through various on-line house magazines.
  • Bajaj Allianz Life Insurance Co. Ltd.
    Regional Manager
    Bajaj Allianz Life Insurance Co. Ltd. May 2012 - May 2015
    Bhubaneshwar Area, India
    During this tenure, I managed 6 divisional heads, and 32 branch heads, along with divisional training managers, IT coordinators, sales administration executive, branch accountants, and operations head across the region. I was directly responsible for undertaking end-to-end P&L responsibility of driving sales and operations for the region. I played a vital role in recruiting 800 agents and maintaining an activation ratio of 54% against industry standard of 34%, and was ranked number 1 amongst regions across the country in March 2015. Some of my achievements here include:• Topped the table in Active IC counts as well as Activation Percentage Topping All India table in Active IC counts• Topped the table in Number of Policies (NOP) as well as NOP productivity per IC, SM, Branch Heads and Divisional Heads • Solved 98.4% of post C+ issues/grievances from the Policy Holders of Standard Chartered Bank• Improved ranking from #36 to #1 out of 40 regions during FY 2012-2013, based on combined weightage on parameters like New Business, Renewal Business, Agent recruitment and activation, MDRT count, cost coverage, early claim, cost overrun and underrun. • Ranked #1 Regional Head in Annual Appraisal Parameter FY’12-13 (Budget Ach #1)• Ranked #5 Regional Head in Annual Appraisal Parameter FY 2013-2014 (Budget Ach #3)• Ranked #3 Regional Head in Annual Appraisal Parameter FY 2014-2015 (Budget Ach #2)
  • Bajaj Allianz Life Insurance Co. Ltd.
    Senior Manager
    Bajaj Allianz Life Insurance Co. Ltd. Apr 2008 - May 2012
    Pune, Maharashtra, India
    Responsible for supporting field sales team, with an objective of making entire process effective & efficient in order to facilitate focus on sales rather than administrative workAccountable for recruiting, training and developing of Insurance consultants / executives, sales team, Branch Head, Sales Managers & ExecutivesResponsible for designing & facilitating various competitions as a part of Rewards & Recognition pan India basis. Accountable for seamless execution and successful disbursement/ awards of the announced incentives as per the Rewards and Recognition qualifiersEntrusted with the accountability of reimbursement for PRF & Professional Fees for Insurance agents and for Unit Meets & agent Recruitment Fees.
  • Bajaj Allianz Life Insurance Co. Ltd.
    Senior Divisional Manager
    Bajaj Allianz Life Insurance Co. Ltd. Apr 2006 - May 2008
    Bhubaneshwar
    During this phase of my tenure, I set up the branch offices across the region; designed and implemented internal processes, hired staff members, and ensuring compliance with internal as well as statutory regulations. Here, I was responsible for sales growth of the entire team through recruitment, training and guidance. Some of my achievements here were:• Profit center head to generate revenue and control cost in an efficient and effective manner• without compromising on quality of services and fulfilling the long term goal of the company• Establish a New Area Office, Branch Offices. & Satellite Office• Leading a Division office comprising of 9 units, 84SM’s & approx. 1665 IC’s.• Handling Reward & Reorganization, New Initiatives, Grievance Cell, and MIS & Supervising dayto-day activities coordination of all Zonal Level Sales-Administration personal.• Sales & Back office Support to Bank Partners like Syndicate Bank & Standard Chartered Bank
  • Bajaj Allianz Life Insurance Co. Ltd.
    Area Manger
    Bajaj Allianz Life Insurance Co. Ltd. May 2004 - Mar 2006
    Angul, India
    Set up the Satellite branch offices & later on converting to Area Office and roll out the branch offices across the region, designing & implementing processes, recruiting the staff and ensuring compliance with internal as well as statutory regulationsSome of my achievements here were• Attained the ranking of being the only Satellite Office to complete 25 Lakh Rated premiums to qualify for 5 STM Satellite offices• Positioned as the #3 Assistant Branch Manager of the country among the satellite offices • Positioned as the #12Assistant Branch Manager of the country among all offices
  • Bajaj Allianz Life Insurance Co. Ltd.
    Senior Sales Team Manager
    Bajaj Allianz Life Insurance Co. Ltd. Dec 2001 - May 2004
    Bhubaneshwar, India
  • J & K Financial Services (P) Limited
    Business Development Manager
    J & K Financial Services (P) Limited Sep 1996 - Nov 2001
    Bhubaneshwar Area, India
    I initiated the career here as Business Development Executive and was subsequently promoted as Business Development Manager. During the tenure, I was responsible for monitoring and achieving monthly target by providing support to sales by team / sales executive. I was driving the sales activities of the Sales team and verifying application documents and loan documents collected by Sales Executive. My role involved handling products like Shares, Bonds, MFs, Loans, Deposits and Credit Cards etc. Negotiating with different banks, managing the marketing network of the organization and looking after the company account and performance were also part of my accountability.

Manas Sahu Skills

Insurance Management Relationship Management Risk Management Team Management Business Development Sales Management Business Analysis Fraud Prevention Fraud Investigations Underwriting Mis Vendor Management New Business Development Crm Performance Management Leadership Business Strategy Sales Recruiting Business Relationship Management Customer Relationship Management Management Information Systems

Manas Sahu Education Details

Frequently Asked Questions about Manas Sahu

What company does Manas Sahu work for?

Manas Sahu works for Wealth Quest Financial Services

What is Manas Sahu's role at the current company?

Manas Sahu's current role is Consultant.

What is Manas Sahu's email address?

Manas Sahu's email address is ma****@****ail.com

What schools did Manas Sahu attend?

Manas Sahu attended Loma, Insurance Institute Of India, Utkal University, Utkal University, Utkal University.

What skills is Manas Sahu known for?

Manas Sahu has skills like Insurance, Management, Relationship Management, Risk Management, Team Management, Business Development, Sales Management, Business Analysis, Fraud Prevention, Fraud Investigations, Underwriting, Mis.

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