Parvathy Sree Email and Phone Number
Underwriting Executive with 20+ years of strategic planning, business development, product development, product innovation, marketing, and leadership of productive Sales and Underwriting teams. Builds new channels and turns around underperforming units by delivering strong profits, new business development, high customer retention, and beneficial agency relationships. Expert technical knowledge of nonprofit products and services. Known for a solution-based and consultative approach that drives improvements that reduce costs and improve service levels.Leadership• P&L | Strong People Management• Agency Relationship| Account Mgmt.• Underwriting | Issue Resolution • Turnarounds | IntegrationStrategy• Business Strategy Development• Data Analytics | Financial Acumen• Workflow Management• Risk Management | Loss PreventionUnderwriting• Branding | Marketing• New Product Development• Profitability | Deal Evaluation• Customer Retention | New Business Development
Futuristic Underwriters
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Vice President Of Professional LiabilityFuturistic Underwriters Oct 2024 - PresentWestlake, Texas, UsResponsible for Business development, Product development and underwriting management for innovative Professional Liability insurance products. VP of Professional Liability at Futuristic Underwriters where we leverage technology as a tool to optimize distribution, underwriting, service and claims handling. -
Vp Of Underwriting | Vp Of Insurance ProductsBoost Insurance Usa Aug 2023 - Oct 2024
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Vice President, Nonprofit And Human Services UnderwritingAmtrust Financial Services, Inc. Jul 2016 - Apr 2023New York, Ny, UsPromoted and grew the Non-profit and Human Services underwriting division. Managed up to 40 Underwriters and Sales, responsible for business development, strategic planning, and profitability across 48 states and DC territory. • Responsible for P&L. Worked with Claims, Compliance and Actuary departments to determine appropriate rates to maintain 65% Loss Ratio and retain 88% of renewal policies. • Achieved premium growth of 150% in less than 10 years by writing millions in annual new business, which increased 8% YOY while growing market share consistently. Successfully branded AmTrust in the nonprofit insurance space and became a preferred provider with agencies. • Spearheaded a new Insurance Service Office (ISO) product for the non-profit sector to add Package, Auto and Umbrella coverage and proprietary forms for Professional Liability and Abuse coverage. • Decreased claims resolution time 40% and improved turnaround time 50% through partnership with Claims, Accounting, IT, and Operations on continuous improvement initiatives, resulting in reduced costs and increased service levels. -
Director, Nonprofit And Human Services UnderwritingAmtrust Financial Services, Inc. May 2014 - 2016New York, Ny, UsReported directly to the President of the Non-profit and Human Services underwriting division. Hired to develop the Management Liability product, then promoted to turn around the underperforming non-profit book to growth and profitability. Managed a team of 35 Underwriters for $XXMM business. • Introduced comprehensive management liability policy, including Directors & Officer (D&O)/Employment Practices Liability (EPL), Fiduciary and Cyber products. Worked with product management to develop, maintain and improve policy forms, underwriting guidelines and rating plans. Helped to build the underwriting platform.• Rebuilt the non-profit division post an unsuccessful integration of First Nonprofit Insurance company. The company was experiencing significant attrition of both employees and book of business. Ultimately grew the business to $85MM and increased policy retention by 40%. • Exceeded new business premium goals by 30% in 2015 and 2016 and implemented a nonprofit product marketing strategy that yielded an average 12% YOY portfolio growth while maintaining less than a 65% loss ratio. • Grew new business policy count by an average of 1,200 policies YOY by diversifying the Social Service book to include religious organizations, schools, elder care, and human service classes for nonprofit (501c3), not for profit, and the for-profit sector. -
Underwriting Manager, Management Liability DivisionPhiladelphia Insurance Companies Jun 2009 - Apr 2014Bala Cynwyd, Pa, UsManaged 11 states for the North Central and Ohio Valley region, working with 3000+ retail agents and a point of contact for marketing and external customers. Supervised a team of 4 Underwriters. • Oversaw Management and Professional Liability insurance working with diverse teams.• Maintained a consistent growth of 7% and loss ratio under 22% for the geographical region by building strong specialty and multi-line agency relationships. • Collaborated with product management team to launch new professional line products - Crime coverage and Cyber Liability coverage. Implemented cross sell initiative to agencies to grow, which increased in force management and professional liability book.• Mentored and developed training for new college graduates in underwriting, the success of the program enabled active recruiting at this level. Facilitated continuing education classes as a licensed Cyber Liability insurance instructor. -
Senior Underwriter, Management LiabilityPhiladelphia Insurance Companies Jun 2006 - Aug 2009Bala Cynwyd, Pa, UsLead underwriter for Management Liability (public, private and non-profit risks) and Professional Liability (Accountants, Lawyers, Miscellaneous Professional classes) for multi-state region. • Exceeded production goal 8% to 10% and profitability goals YOY.• Developed new agency relationships through active outreach and excellent customer service. Used consultative sales approach to identify customer needs, educate on policy terms, and negotiation of pricing. -
Underwriter Ii, Management LiabilityPhiladelphia Insurance Companies 2004 - 2006Bala Cynwyd, Pa, Us -
Underwriter I, Management LiabilityPhiladelphia Insurance Companies 2003 - 2004Bala Cynwyd, Pa, Us -
Underwriter, Executive Liability DivisionGreat American Insurance 2001 - 2003Cincinnati, Oh, UsWorked as a Management liability Underwriter at the Executive Liability Division, underwriting private and public company D&O/EPL and fiduciary risks.• Underwrote both private and public company D&O by analyzing SEC filings and public information, calculated pricing, negotiated coverage, and closed multiple new business insurance clients.
Parvathy Sree Education Details
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Illinois Institute Of TechnologyFinance -
Bharathiar UniversityBusiness Administration -
Anna University ChennaiMechanical Engineering
Frequently Asked Questions about Parvathy Sree
What company does Parvathy Sree work for?
Parvathy Sree works for Futuristic Underwriters
What is Parvathy Sree's role at the current company?
Parvathy Sree's current role is Management Liability I Cyber Insurance I Non-Profit Package I Product Innovation.
What schools did Parvathy Sree attend?
Parvathy Sree attended Illinois Institute Of Technology, Bharathiar University, Anna University Chennai.
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