Prakash Gupta

Prakash Gupta Email and Phone Number

Executive Vice President @ Bajaj Allianz Life Insurance
Pune, MH, IN
Prakash Gupta's Location
Pune, Maharashtra, India, India
Prakash Gupta's Contact Details

Prakash Gupta personal email

About Prakash Gupta

Experienced Finance Professional with all round experience in financial reporting, financial planning & analysis (FP&A), capital management, cost management, transformation in the financial services (insurance and banking) industry.Qualified accountant with 16+ years experience and working at senior management level with exceptional relationship management & negotiation skills with proven abilities in building recognition with business leaders with pro-active engagement on business issues, policy changes and to drive strategic initiatives.

Prakash Gupta's Current Company Details
Bajaj Allianz Life Insurance

Bajaj Allianz Life Insurance

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Executive Vice President
Pune, MH, IN
Employees:
6777
Prakash Gupta Work Experience Details
  • Bajaj Allianz Life Insurance
    Executive Vice President
    Bajaj Allianz Life Insurance
    Pune, Mh, In
  • Bajaj Allianz Life Insurance
    Executive Vice President
    Bajaj Allianz Life Insurance Apr 2024 - Present
    Pune, Maharashtra, India
  • Bajaj Allianz Life
    Senior Vice President Finance
    Bajaj Allianz Life Apr 2022 - Mar 2024
    Pune, Maharashtra, India
  • Bajaj Allianz Life
    Vice President
    Bajaj Allianz Life Feb 2020 - Mar 2022
    Pune, Maharashtra, India
  • Hsbc - Global Finance Centre
    Assistant Vice President
    Hsbc - Global Finance Centre Jan 2017 - Feb 2020
    Gurgaon, India
    - Responsible for finalisation of P&L and Balance sheet (Life Insurance business in HongKong, having assets size of ~ $50bn) for all line of business, including balance sheet reconciliation and substantiation;- Leading various projects; to enhance control, support business/ strategic decision such as Product & Currency level balance sheet to assess currency exposure & product level ALM, UL product unit recon, redefining expenses allocation methodology etc. - Making recommendations for policy level changes & driving/supporting strategic initiatives across the company;- Working with senior leadership team (GFC in India and Hong Kong business partner) to drive change agenda and various projects to improve finance function image beyond financial numbers across organisation and productivity improvements agenda;- Stakeholder management and setting up the structural governance for non-finance functions also - Participating in implementation of IFRS 17 and system changes;- Responsible for risk and control management and ensuring closure of various audits/ reviews by internal/ external teams;- Ensure adequate governance around data integrity and assessment of operational risks in the processes; identifying process weaknesses and fixing up of the same;- Handling a team of >30 resources (CAs/MBAs) and ensuring/tracking of their growth plan (vertical and horizontal).
  • Max Life Insurance Company Limited
    Chief Manager - Financial Planning & Analysis
    Max Life Insurance Company Limited Apr 2016 - Jan 2017
    Gurgaon, India
    - Create strategic financial plans which visualize financial strength, growth and stability of the organization with detailed short term and long term actionable goals /activities - Deployment of business and opex plan to functional heads and work cohesively with EMC members to ensure delivery of the same - Presenting monthly financial deck with commentary on performance of financial vectors, company MoS including variance analysis against plan, last year and with competitions for sales performance - Diligent planning a contributor to favourable MoS results with no significant negative outcomes  Assist in detailed financial analysis of inorganic opportunities (i) Commercials for new distribution deals (ii) Evaluation of acquisition opportunities - Extensive time-motion study exercise across all functions to arrive channel level acquisition and maintenance ratio and unit cost derivation - Channel Level economic view and working closely with SLTs to make it more economical  Undertake monthly PIR (post implementation review) of all the contests/schemes to analyze the effectiveness of the design and further helps the management to decide on any future course of action - Implementation & stabilization of Planning System - Hyperion
  • Max Life Insurance Company Limited
    Senior Manager Financial Planning Analysis
    Max Life Insurance Company Limited Apr 2014 - Mar 2016
    Gurgaon, India
    - Seamless worked with senior leadership team and business advisory consulting firms in cost diagnostic study; leading to major cost reductions, process refinements & productivity improvements - Formulate a cost monitoring process with the aim to meet cost goals set out by shareholders  Developed the Branch profitability report to reflect monthly performance of the branches which eventually help in timely action on expansion/closure/rationalization of branches - Extensive analysis of competitor’ results at every quarter end and shared the outliers and company’ standing in each line of expenses and sales
  • Max Life Insurance Company Limited
    Manager Finance Control
    Max Life Insurance Company Limited Apr 2012 - Mar 2014
    Gurgaon, India
    - Finalization of accounts and preparation for financial deck & commentary including review with CFO & Appointed Actuary and further calls with Shareholders on financial results - Instrumental in streamlining the end to end process for provisioning that helped in early closure of financial and setting up rule sets for expenses booking in the system - Coordination with internal & statutory auditor and help in resolving the audit queries  Submission of statutory financials to IRDA and responsible for public disclosure in company’ website and news paper - - Responsible for preparation of quarterly financial statements for consolidation by Parent company - Assisted in IFRS implementation and in making the opening adjustments in financial statements
  • Max Life Insurance Company Limited
    Deputy Manager Finance
    Max Life Insurance Company Limited Sep 2009 - Mar 2012
  • Max Life Insurance Company Limited
    Assistant Manager Finance
    Max Life Insurance Company Limited Apr 2008 - Sep 2009
  • Fiorano Group
    Assistant Manager
    Fiorano Group Sep 2007 - Mar 2008
    Bangalore

Frequently Asked Questions about Prakash Gupta

What company does Prakash Gupta work for?

Prakash Gupta works for Bajaj Allianz Life Insurance

What is Prakash Gupta's role at the current company?

Prakash Gupta's current role is Executive Vice President.

What is Prakash Gupta's email address?

Prakash Gupta's email address is ca****@****hoo.com

Who are Prakash Gupta's colleagues?

Prakash Gupta's colleagues are Naresh Saraswat, Sonika M, T R Vasu, Kavita Pal, Alka Jagbir, Sourav Lala, Mr. Hiren Patel.

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