Shankar Narayanan

Shankar Narayanan Email and Phone Number

National Head- Sales Strategy, Relationship and Distribution @ Axis Max Life Insurance Limited
India
Shankar Narayanan's Location
India, India
About Shankar Narayanan

With over 18 years of experience in the banking, insurance, and lending space, As a go-to-market strategist and P&L leader, I leverage my cross-functional and cross-industry expertise to create and execute impactful sales and distribution strategies. As the National Manager of Sales Strategy, Relationship, and Distribution at Max Life Insurance, I manage channel partner relationships, identify new opportunities, and deliver cutting-edge solutions that align with customer needs and regulatory compliance.My core competencies include corporate sales, open banking, fintech and insurtech, cross-sell, and relationship management. I have successfully led various teams and projects to improve the bottom-line of the company and the cost of acquisition for the partner. I have also supported the launch of new products and processes by engaging with the controls and compliance teams of the top banks in the country. My unwavering dedication to innovation and customer experience propels organizational success.

Shankar Narayanan's Current Company Details
Axis Max Life Insurance Limited

Axis Max Life Insurance Limited

View
National Head- Sales Strategy, Relationship and Distribution
India
Website:
axismaxlife.com
Employees:
28721
Shankar Narayanan Work Experience Details
  • Axis Max Life Insurance Limited
    National Head- Sales Strategy, Relationship And Distribution
    Axis Max Life Insurance Limited
    India
  • Max Life Insurance Company Limited
    National Manager- Sales Strategy, Relationship & Distribution
    Max Life Insurance Company Limited Sep 2023 - Present
    India
  • Bajaj Allianz Life
    Zonal Head- Partner Engagement, Relationship & Sales Strategy
    Bajaj Allianz Life Sep 2020 - Sep 2023
    India
  • Bankbazaar
    Director-Relationship, Strategy And S&D (Consumer Banking Products And Alternate Channels)
    Bankbazaar Oct 2018 - Sep 2020
    India
    >Led Various cross-functional teams to develop & implement various strategies & ideas to improve the bottom-line of the company and COA for the Partner.>Manage channel partner relationships, ideate new strategies, front-ended Pre-Approved/Pre-Qualified programmes from CS team for Top banks in the country.>Successfully identified various alternate projects for the company using Cross-sell strategy & creating new avenues of revenue generations.>Support in… Show more >Led Various cross-functional teams to develop & implement various strategies & ideas to improve the bottom-line of the company and COA for the Partner.>Manage channel partner relationships, ideate new strategies, front-ended Pre-Approved/Pre-Qualified programmes from CS team for Top banks in the country.>Successfully identified various alternate projects for the company using Cross-sell strategy & creating new avenues of revenue generations.>Support in getting regulatory approval by engaging with controls/compliance team of the Bank towards new product and process launch. Show less
  • Kotak Mahindra Bank
    Head- Corporate Sales & Relationship (Salary, Deposits, Lending, Forex, Cms & Wealth Products)
    Kotak Mahindra Bank Jun 2016 - Oct 2018
    Tamilnadu & Kerala
    >Managed to find new innovative ways to increase wallet share across various products like Salary accounts, Deposits, Consumer & Corporate Lending, CA with Forex, CMS, Life/General Insurance, MF's, PMS and Travel, Forex, Meal & Prepaid Cards.>Managing a team of Key Account Managers, CPMs, DSTs & RMs to achieve the revenue line targets & maintain a healthy portfolio.>Manage Personal banking and investment requirements of KDMs/Promoters along with Business banking… Show more >Managed to find new innovative ways to increase wallet share across various products like Salary accounts, Deposits, Consumer & Corporate Lending, CA with Forex, CMS, Life/General Insurance, MF's, PMS and Travel, Forex, Meal & Prepaid Cards.>Managing a team of Key Account Managers, CPMs, DSTs & RMs to achieve the revenue line targets & maintain a healthy portfolio.>Manage Personal banking and investment requirements of KDMs/Promoters along with Business banking requirements of corporates/suppliers.>Execute Consumer Assets, Payment & cross sell product opportunities with employees of the client in empaneled & mandate relationships through a team of CPMs.>Liaising with major Corporate for seeking required permission to conduct employee engagement activities & push Assets, Meal, Forex business through them.>Ensuring strict adherence to service and quality benchmarks, and world class service experience for customers>Facilitated & supported client & their employees in the smooth functioning of their daily transactions and Banking operations.>Interact with product experts across verticals to offer innovative and customized solutions to ensure profitability of the portfolio through effective cross-sell to the KDMs, Corporates & retail customers. Show less
  • Citi India
    Dch- Business Partnerships/Alliances- (Assets, Salary, Liabilities, & Insurance)
    Citi India Jun 2012 - Jun 2016
    Chennai Area, India
    >Handled 200+ resources across Third-party and in-house channels to ensure sourcing of Assets, Liabilities, SME Loans & Mortgage application forms>Ensuring operating rhythm adherence which includes operating plans, scorecards, billing, service quality, training, compliance & collections.>Drive operational efficiency through re-engineering in turn reducing cost of acquisition and offer customized service offerings to clients in line with their requirements and ensure… Show more >Handled 200+ resources across Third-party and in-house channels to ensure sourcing of Assets, Liabilities, SME Loans & Mortgage application forms>Ensuring operating rhythm adherence which includes operating plans, scorecards, billing, service quality, training, compliance & collections.>Drive operational efficiency through re-engineering in turn reducing cost of acquisition and offer customized service offerings to clients in line with their requirements and ensure retention.>Monthly review with the team for improving productivity through regular training, monitoring, evaluating & mentoring for better performance. Show less
  • Citibank India
    City Head-X-Sell, S&D Insurance
    Citibank India Jan 2007 - Jun 2012
    Hyderabad, Telangana, India
    >Managing a team of Relationship Managers, BSLI Sales Managers, VRM,Telemarketing and other internal channels to achieve the revenuetarget of the location>Conducting various referral activities to push business and regular RNRsessions to motivate the team members>Constant team reviews with various external and internal stakeholderson leads, meetings, conversion and areas of improvement.
  • Citi India
    Relationship Manager- Retail Assets
    Citi India Mar 2006 - Jan 2007
    Chennai, Tamil Nadu, India
    >Managed DST, Tele-Marketing and Loan Mitra channels by giving thembasic product training and monitoring their sales performance on adaily basis
  • Icici Prudential Life Insurance Company Limited
    Area Head- B&A- Partnership Distribution
    Icici Prudential Life Insurance Company Limited Jul 2007 - Oct 2009
    Chennai
    >Handled D2C, Teleplus, & XLRM channels having a strength of 400+Agents,Team leaders, Divisional Managers and Territory managersacross TN>Successfully driven the team to become the No.1 Telemarketing Unit inthe country on both productivity and absolute volumes.>Constantly focused on quality of the base feed on dialer, no of leadsgenerated, leads to conversion ratio for enhancing productivity of theteam-members.

Shankar Narayanan Education Details

  • Pudms-School Of Management
    Pudms-School Of Management
    Finance, Marketing And Systems
  • Ms University
    Ms University
    Electronics And Communication Engineering

Frequently Asked Questions about Shankar Narayanan

What company does Shankar Narayanan work for?

Shankar Narayanan works for Axis Max Life Insurance Limited

What is Shankar Narayanan's role at the current company?

Shankar Narayanan's current role is National Head- Sales Strategy, Relationship and Distribution.

What schools did Shankar Narayanan attend?

Shankar Narayanan attended Pudms-School Of Management, Ms University.

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