Nirav Acharya Email & Phone Number

Rajkot, Gujarat, India

Vadodara Area, India

 Ensuring that top line and bottom line targets are achieved. Administering a team of 8 (Sales ,OPS & Claims)  Staying abreast of competing market and make strategies on penetration accordingly. Locating the areas of improvement and proposing corrective actions that leverage growth opportunity. Monitoring sales and plan of action of the team members and proactively supporting them to achieve their target. To provide required training to team & intermediary in regular intervals to update them about the product & market insight. Strictly following prudent underwriting to maintain healthy P & L. Assuring that the customer gets the best services within TAT. Responsibility of ensuring efficient operations & administration within compliance framework.

Gandhidham - Gujarat, India

Accountabilities for Office Head Responsible for growth with good combine ratio of Branches. Administering a team of 8 including Sales ,OPS & Claims (Gandhidham & Bhuj) Providing support to Motor, Agency , Corporate , DM & Banca Channel Developing & Maintaining relationship with new/existing Agents, DSA, Dealers, Banks, and Corporate Agents. Monitoring administration and Operations of the Branches. Coordinating with Underwriters, operations and channel Heads for the smooth functioning of the Branches. Over seeing that the team delivers best & prompt services to channel partners & customers. Liasoning with legal team so that the various legal obligation are met in time.  Updating employees & agents with new underwriting guidelines by providing timely training sessions. Managing the general administration of the office for the smooth business environment. Ensuring FTR (First Time Right) are met while processing policy document so that there is no room for defaulting TAT (Turn Around Time) and hence smooth functioning between Sales and Operations Team. Scrutinize the policy schedule document.AttainmentsIn my last TWO appraisals I have been consecutively rated as a CRITICAL RESOURCE by my company. 100% compliance of FTR which turns into premium booking as well as policy issuance within the given TAT. Considerably reduced the claim ratio by applying suitable guidelines in accordance with the local market. Grabbed 90% of the business sharing with tied up dealers (earlier it use to be 50%). Arranged facilities and brought in place the general administration for smooth business environment and functioning of the branch.

Rajkot Area, India

Accountabilities for Corporate & Broker Vertical Acquiring new Corporate clients Developing & Maintaining a relationship with new/existing Corporate and Govt bodies Service the Corporate in terms of quote presentations ,policy deliverance and post policy issuance services within the agreed TAT Troubleshooting with underwriting team for policy approval, office operations for policy issuance, claim Team for claim settlement and follow ups on renewals.Accountabilities for Agency Vertical Recruitment of New agents & licensing them as IRDA agents. To activate the inactive agents. To give enriching training sessions on the wide range of products available with us & making them comprehend with the IRDA Guidelines. To maintain the cost of acquisition as well as the need to maintain the claim ratio of individual agents. Renewal Retention is also a major task which I undertake.