> 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.
Coverfox.Com: Coverfox Insurance Broking Pvt Ltd,
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Senior Vice President, Insurance HeadCoverfox.Com: Coverfox Insurance Broking Pvt Ltd, Apr 2020 - PresentCOO & 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.
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Coo & Co-FounderWith Future First Insurance Broking Pvt. Ltd, Jul 2019 - Mar 2020COO & 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.
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Chief Executive OfficerBalaji 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)
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Coo & Co-FounderNyk Techno Solutions Jan 2016 - Dec 2017Started an own venture in manufacturing of USB flash drives under Make in India initiative of Govt. of India.
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Principal ConsultantMagi Research And Consultants Private Limited Jan 2017 - Jun 2017Responsible 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. -
Senior Vice PresidentAviva 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. -
Senior Vice President (Dsf East & West)Aviva 2009 - 2015Addnl 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) -
Area ManagerOsram 2002 - 2003Mumbai, Maharashtra, IndiaResponsible for the trade and institutional sales of Mumbai, West Maharashtra and Goa. Handled a team of six Senior Sales & Sales executives. -
Sales ManagerGe Lighting Pvt Ltd Nov 1997 - Feb 2002Subsidiary 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.
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Area Sales ManagerGe 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. -
Assistant ManagerSterling Tree Magnum (I) Ltd Apr 1994 - Oct 1997A 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
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Accelerated Leadership Programme -
Business Administration And Management, General -
Physical Sciences
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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Siddharth Awasthi
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Siddharth Awasthi
Senior Category Manager At Unacademy | Ex Srd Society, Oyo, Infoedge | Harvard-Usii'18 | AkgecBengaluru -
Siddharth Awasthi
Scit Mba Data Science And Data Analytics (2022-2024)| Guest Lecture Committee MemberWest Delhi
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