Siddharth Awasthi

Siddharth Awasthi Email and Phone Number

Senior Vice President @
Siddharth Awasthi's Location
India, India
About Siddharth Awasthi

> Rich experience in leading and supporting large sales teams to win new business, building hyper-growth businesses disrupting the status quo. Demonstrated experience in transformation of sales and client/ distributor engagement processes.> Extensive experience in the Insurance / Insuretech / Agency management/Bancassurance / General Management / Direct/ Proprietary Channels / Business Partnerships with experience of operating in a matrix, multi-national and entrepreneurial environment> Proven experience in insurance (life, general, health ,micro) B2C,B2B,B2B2C, fund raising, advisory, excellent track record in exponentially scaling up business verticals via strategic partnership management, alliances, tie-ups, sales, and distribution management.> Commercially focused and pragmatic, can identify opportunities and solutions and experience of growing a business or a function from inception to fruition, developing market share, brand, and profitable growth.> Capable to build long term strategic relationships, involving channel partners - thoughtful and creative, with a strong do-it approach.> Excellent exposure in managing commercial proposition, designing efficient processes, pricing, incentive, speed of service, and contract structure to increase sales and reduce cost.

Siddharth Awasthi's Current Company Details
Coverfox.com: Coverfox Insurance Broking Pvt ltd,

Coverfox.Com: Coverfox Insurance Broking Pvt Ltd,

Senior Vice President
Siddharth Awasthi Work Experience Details
  • Coverfox.Com: Coverfox Insurance Broking Pvt Ltd,
    Senior Vice President, Insurance Head
    Coverfox.Com: Coverfox Insurance Broking Pvt Ltd, Apr 2020 - Present
    COO & Co Founder with Future First Insurance Broking Pvt. Ltd, Kolkata (07/2019 - 03/2020), Company was taken over by Coverfox.com> Conceptualize strategies and product road-map for mobile and web platforms for the B2B and B2B2C products keeping scalability and replicability in context. > Plan and prioritize product development cycle to manage the scope of each product and to ensure timely delivery.> Developing and executing a portfolio strategy to increase B2B POSP agent acquisition, productivity, onboarding, revenue, and market share efficiently. > Leading the market sales teams to recommend, develop, and implement new and creative approaches to grow the business.> Ensure established and identified emerging FinTech trends to develop innovative product propositions. Working with large/ strategic partners to offer customized solutions with tech integrations to enable wider distribution.> Strategizing & executing the product road-map for COVERDRIVE Platform by formulating, designing, developing, deploying strategies in alignment with the vision to be a one-stop tech provider for Insurance.
  • With Future First Insurance Broking Pvt. Ltd,
    Coo & Co-Founder
    With Future First Insurance Broking Pvt. Ltd, Jul 2019 - Mar 2020
    COO & Co Founder with Future First Insurance Broking Pvt. Ltd, Kolkata (07/2019 - 03/2020), Company was taken over by Coverfox.com> Complete general management of the day to day operations ,> Multitude of roles from BD to partner engagement, Solution design to execution.
  • Balaji Solutions Ltd
    Chief Executive Officer
    Balaji Solutions Ltd Jul 2017 - Jun 2019
    > Complete general management of the day to day operations ,> Two specific deliverables 1) To establish the mother brand (Foxin), 2) Make the company ready for IPO(SME)
  • Nyk Techno Solutions
    Coo & Co-Founder
    Nyk Techno Solutions Jan 2016 - Dec 2017
    Started an own venture in manufacturing of USB flash drives under Make in India initiative of Govt. of India.
  • Magi Research And Consultants Private Limited
    Principal Consultant
    Magi Research And Consultants Private Limited Jan 2017 - Jun 2017
    Responsible for Developing Business Plan, Current State Assessment, Developing Road Map andimplementation support for launch of Bancassurance Partnership between Insular Life and Union Bank ofPhilippines. On site project at clients premises in Manila, Philippines.
  • Aviva India
    Senior Vice President
    Aviva India Jan 2003 - Dec 2015
    > Overviewed daily operations. Set performance and financial goals and attain them through team direction and management.> Assessed, evaluated and reported on overall team and individual team member performancePrepared and allocated budgets.> Researched and identified new business opportunities. Seeked new business tools and methods.> Collaborated with other executives and SVPs to decide on business strategies. Evaluated department’s profits and revenue, and calculated risks.
  • Aviva
    Senior Vice President (Dsf East & West)
    Aviva 2009 - 2015
    Addnl Charge of DSF West ( May 2014 onwards).> Responsible for creating a robust operating model for AvivaDSF for the Agency and Direct Channel . Ensure sustainable top line as well as bottom line growth year on year basis. Lead the business planning and budgeting process in order to ensure strategic objectives are translated into well communicated operational plans , targets and performance indicators , giving clear and consistent guidance to operational activities.> Other Positions Held At AvivaRegional Director Bancassurance & Business Partnership (Sept 07 – March 09)Head – BA &BP(East) (Oct 2007 – Mar2009)Head – DSF (East) (Jan 2007 – Sept2007)Zonal Manager – Bengal, Odisha, Jharkhand& Bihar (Apr 2005– Dec 2006)Branch Manager – Kolkata (Jan2003 – Mar 2005)
  • Osram
    Area Manager
    Osram 2002 - 2003
    Mumbai, Maharashtra, India
    Responsible for the trade and institutional sales of Mumbai, West Maharashtra and Goa. Handled a team of six Senior Sales & Sales executives.
  • Ge Lighting Pvt Ltd
    Sales Manager
    Ge Lighting Pvt Ltd Nov 1997 - Feb 2002
    Subsidiary of General ElectricInc.USASales Manager Mumbai & Maharashtra (July 01 – Feb 02)Area Sales Manager Kolkata, Bihar &Nepal (Nov 97 –Mar 01)> Responsible for consumer and industrial sales for Mumbai, Maharashtra and Goa. A team of two Area managers reported to me and each Area manager handled a team of five executives. Devising strategy for launch of entertainment lighting.
  • Ge Lighting
    Area Sales Manager
    Ge Lighting 1997 - 2002
    > Managed, trained and provided overall guidance to the sales team of an assigned territory.Set reasonable sales targets to be achieved by the sales team.> Monitored the performance of the sales team and motivating members to meet or exceed sales targets.> Collected customer feedback and provided updates to senior management.
  • Sterling Tree Magnum (I) Ltd
    Assistant Manager
    Sterling Tree Magnum (I) Ltd Apr 1994 - Oct 1997
    A Sterling Holiday Resort group company.Asst. Manager> Managed a team of eight Sales executives and14 indirect channel partners. Was responsible for target achievement and expansion of customer base.

Siddharth Awasthi Education Details

Frequently Asked Questions about Siddharth Awasthi

What company does Siddharth Awasthi work for?

Siddharth Awasthi works for Coverfox.com: Coverfox Insurance Broking Pvt Ltd,

What is Siddharth Awasthi's role at the current company?

Siddharth Awasthi's current role is Senior Vice President.

What schools did Siddharth Awasthi attend?

Siddharth Awasthi attended Indian Institute Of Management, Ahmedabad, Indian Institute Of Social Welfare And Business Management, University Of Calcutta.

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