Shailesh Kumar

Shailesh Kumar Email and Phone Number

Manager- Insurance at Petrofac @ Petrofac
london, greater london, united kingdom
Shailesh Kumar's Location
Sharjah Emirate, United Arab Emirates, United Arab Emirates
Shailesh Kumar's Contact Details

Shailesh Kumar work email

Shailesh Kumar personal email

n/a
About Shailesh Kumar

A dexterous professional with profound experience of nearly 2 decades specializing in Insurance domain encompassing Risk Assessment, Underwriting, Claim Management.Recognized for expertise in Process Excellence, Strategic Leadership, Building proficient teams through meticulous Training & Development. Acquired distinction of having global exposure and experience in Oil and Gas industry across various countries such as India, UAE, Oman, Qatar, Kuwait, Algeria, Tanzania, Libya, Lithuania, and Malaysia.My expertise is in analyzing diverse systems and procedures and putting risk assessment tools into use to help risk mitigation. Exhibited excellence in Underwriting, Risk Assessment and Mitigation, arranging insurance policy establishment until completion, and Claims Processing activities, as well as establishing robust & transparent coordination among key accounts/stakeholders for generating business and leading workforce to achieve business and corporate goals.Renowned for successfully managing insurance for billion-dollar projects across multiple regions . I have proved my excellence in assessing Operational Risk Management Governance - Annual Policy Review of the Global Operational Risk Framework; Third-Party (TP) Risk Governance -Operational Risk Incident Reporting. I excel at receiving claims, verifying the insured's eligibility, processing, adjudicating, settling claims, and preparing recommendations for claim settlement.Outstandingly drove process excellence throughout the operation; improved operating performance of application processing, policy issuance, billing, commissions, and customer service.

Shailesh Kumar's Current Company Details
Petrofac

Petrofac

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Manager- Insurance at Petrofac
london, greater london, united kingdom
Website:
petrofac.com
Employees:
14956
Shailesh Kumar Work Experience Details
  • Petrofac
    Manager Insurance
    Petrofac Jan 2019 - Present
    Al Khan, Sharjah, United Arab Emirates
    • Strategic Planning: Designed comprehensive insurance programs for Onshore and Offshore EPC Projects in the Oil & Gas sector.• Policy Management: Reviewed and adapted insurance policies for Petrofac's expanding operations• Tender Support: Evaluated insurance clauses in tenders and advised on risk mitigation.• Claims Handling: Managing insurance claims, negotiation for favorable settlements, and liais with insurers and stakeholders.• Insurance Procurement: Engage with underwriters, secure favorable policies, and to manage placements. • Risk Assessment: Conducted assessments, monitored industry trends, and provided training sessions.• Operational Oversight: Led strategic oversight of global insurance and risk management programs.• Process Enhancement: Redesigned service standards and procedures for improved efficiency.• Leadership: Established risk management frameworks, processes, and team structures.
  • Dodsal E & C Pte Ltd
    Insurance Manager
    Dodsal E & C Pte Ltd Aug 2012 - Jan 2019
    Dubai, United Arab Emirates
    • Contractual Risk Assessment: Reviewed contracts to assess and mitigate insurance risks.• On-site Risk Evaluation: Conducted site visits to identify project risks with stakeholders.• Policy Oversight: Regularly reviewed insurance policies for coverage and clauses.• Intermediary Collaboration: Partnered with intermediaries for effective risk transfers.• Team Engagement: Worked cross-functionally with Projects and Operations on insurance goals.• Contractual Compliance: Ensured proper insurance in third-party contracts for company protection.• Claim Settlement: Negotiated claims with insurers for optimal outcomes
  • Lanco
    Deputy Manager-Insurance
    Lanco Mar 2010 - Aug 2012
    Gurgaon, India
    [LANCO is one of India's leading business entities, Lanco Infratech Limited has been driving growth in the domains of Engineering, Procurement and Construction (EPC), Power, Solar, Natural Resources and Infrastructure]• Insurance Oversight: Managed risk assessment and coverage strategies for EPC, Power, and Infrastructure projects.• Risk Mitigation: Identified and minimized company risks. • Contractual Compliance: Reviewed contracts for proper insurance coverage.• Negotiation Skills: Led insurance proposal negotiations.• Project Analysis: Conducted risk assessments for specific projects.• Stakeholder Collaboration: Aligned insurance strategies with stakeholders.• Policy Maintenance: Ensured policy adherence, protecting company interest
  • Rr Insurance Brokers Private Limited
    Asst. Vice President
    Rr Insurance Brokers Private Limited Jun 2006 - Mar 2010
    New Delhi Area, India
    [RR is one of the largest independent financial and insurance players in India. RR is fully integrated and a professionally managed business with the widest product range infrastructure setup of 24 offices spread across the country with strength of more than 600 employees with a pan India presence]Key Job Responsibility:• Client Engagement: Managed client relationships, offering tailored insurance solutions.• Market Analysis: Identified trends to ensure competitive insurance offerings.• Team Leadership: Led and mentored insurance teams for optimal performance.• Policy Development: Created and updated insurance policies based on client needs.• Regulatory Compliance: Ensured adherence to insurance regulations.• Business Development: Grew client base, enhancing company market presence.
  • Ecosmart Consultant Pvt. Ltd
    Manager
    Ecosmart Consultant Pvt. Ltd Jul 2005 - May 2006
    New Delhi Area, India
    Business development, team management
  • Kare India Insurance Brokers Pvt Ltd
    Relationship Manager
    Kare India Insurance Brokers Pvt Ltd May 2004 - Jun 2005
    New Delhi Area, India
    business development and Client relationship management

Shailesh Kumar Skills

Auditing Insurance Enterprise Risk Management Portfolio Management Cross Selling Financial Risk Relationship Management Business Analysis Negotiation Team Management Finance Team Leadership Energy Claim Underwriting Strategic Financial Planning Risk Assessment Risk Management New Business Development Liability Reinsurance Policy Casualty Project Planning Claims Management Property And Casualty Insurance Procurement Management General Insurance Commercial Insurance Health Insurance Mis Brokers Recruiting Crm Employee Benefits Analysis

Shailesh Kumar Education Details

Frequently Asked Questions about Shailesh Kumar

What company does Shailesh Kumar work for?

Shailesh Kumar works for Petrofac

What is Shailesh Kumar's role at the current company?

Shailesh Kumar's current role is Manager- Insurance at Petrofac.

What is Shailesh Kumar's email address?

Shailesh Kumar's email address is sh****@****ail.com

What schools did Shailesh Kumar attend?

Shailesh Kumar attended Birla Institute Of Management Technology (Bimtech), College Of Commerce.

What skills is Shailesh Kumar known for?

Shailesh Kumar has skills like Auditing, Insurance, Enterprise Risk Management, Portfolio Management, Cross Selling, Financial Risk, Relationship Management, Business Analysis, Negotiation, Team Management, Finance, Team Leadership.

Who are Shailesh Kumar's colleagues?

Shailesh Kumar's colleagues are Iman Osman, Roy Nasr, Arulamuthan Shanmugavelu, Ameer Ahmat, Derek Smith, Dayo Osinloye, Dale Allenby.

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