Varun Singla

Varun Singla Email and Phone Number

Chief Manager - Health Agency @ ICICI Lombard
Chandigarh, CH, IN
Varun Singla's Location
Chandigarh, Chandigarh, India, India
Varun Singla's Contact Details

Varun Singla personal email

About Varun Singla

With over 15 years of experience in the insurance industry, I am a seasoned business manager and an insurance specialist. I have a specialised diploma in health insurance and a licentiate degree in general insurance from the Insurance Institute of India. I have also completed an MBA in marketing from Punjab Agricultural University.Currently, I manage the key bancassurance partner for Reliance General Insurance Company with a team of cluster managers, business managers, and sales managers. I am responsible for achieving the assigned budgets, increasing the insurance business penetration, and lowering the cost of risk by focusing on the right product mix. I have a proven track record of driving sales and marketing initiatives, acquiring and retaining high profile clients, and conducting SWOT analysis and implementing best practices. I am a effective team leader, trainer, and motivator with fine-tuned analytical and problem-solving skills. I am passionate about serving the profession and uplifting the objectives of the organisation.

Varun Singla's Current Company Details
ICICI Lombard

Icici Lombard

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Chief Manager - Health Agency
Chandigarh, CH, IN
Website:
icicilombard.com
Employees:
14301
Varun Singla Work Experience Details
  • Icici Lombard
    Chief Manager - Health Agency
    Icici Lombard
    Chandigarh, Ch, In
  • Orange Corporate Solution - India
    Senior Consultant - Recruitment
    Orange Corporate Solution - India Sep 2023 - Jun 2024
    Chandigarh, India
    Supporting in recruitment of Middle and Top level management for leading Pvt banks, Insurance Companies and various BFSI units.
  • Reliance General Insurance
    Regional Head
    Reliance General Insurance Feb 2023 - Sep 2023
    Chandigarh, India
    Managed Key Banca Partner for the Reliance General Insurance Company with a team of Cluster Managers, Business Managers and SMs.
  • Sbi General Insurance
    Area Sales Manager
    Sbi General Insurance Mar 2021 - Feb 2023
    Chandigarh, India
    Managed Pvt Bank relationship and corporate channel for SBI General Insurance Company.
  • Icici Lombard
    Area Sales Manager
    Icici Lombard Dec 2018 - Mar 2021
    Chandigarh
    • Managing Retail Asset Security Business for ICICI Bank across Rest of North (RON) with a team of Managers and FOS.• Liaising with the Key Functionaries of ICICI Bank for increasing the insurance business penetration in complete RON and responsibile for achieving assigned budgets through them.• Identifying the losses and build strategies to lower down the COR by focusing on right product mix to meet profitability targets.• Identifying skill sets of potential candidates and building team across Rest of North.
  • Cholamandalam Ms General Insurance Co. Ltd.
    Area Head - Partnership Distribution
    Cholamandalam Ms General Insurance Co. Ltd. Jan 2015 - Dec 2018
    Chandigarh, India
    Handled emerging & strategic Partnerships of Chola MS for complete Punjab, Haryana & Delhi NCR area.It includes Banks & NBFCs tied up with Chola MS for all General Insurance business.Built strategies to lower down the COR of assigned area by focusing on right product mix to achieve optimum profitability.
  • Cholamandalam Ms General Insurance Co. Ltd.
    State Head - Bancassurance
    Cholamandalam Ms General Insurance Co. Ltd. Apr 2013 - Dec 2014
    Chandigarh
    • Managed Retail General Insurance Business across Chandigarh, Haryana & Himachal with a team of 3 Relationship Managers and 6 Officers.• Liaising with the Cross Sell Team and Key Functionaries of CBI for increasing the business penetration in over 170 Branches and over achieving assigned budgets.• Responsible for overall achievement of Retail Budgets in the assigned states.• Training Specified Persons (IRDA Trained employees from CBI) and motivating them to Cross Sell Retail GI Products.• Identifying skill sets of potential candidates and building team across Chandigarh, Haryana & H.P.
  • Cholamandalam Ms General Insurance Co. Ltd.
    Territory Manager - Bancassurance
    Cholamandalam Ms General Insurance Co. Ltd. Sep 2012 - Mar 2013
    Chandigarh Area, India
    • Managing Retail General Insurance Business across Chandigarh & Himachal Pradesh with a team of 1 Relationship Managers and 4 Officers.• Liaising with the Cross Sell Team and Key Functionaries of CBI for increasing the business penetration in over 80 Branches and over achieving assigned budgets.• Responsible for overall achievement of Retail Budgets in the assigned Territory.• Training Specified Persons (IRDA Trained employees from CBI) and motivating them to Cross Sell Retail GI Products.• Identifying skill sets of potential candidates and building team across Chandigarh, H.P.
  • Hdfc Bank Ltd
    Assistant Branch Manager
    Hdfc Bank Ltd Jun 2011 - Sep 2012
    Ludhiana
     Achievement of new acquisition value and number plan for retail current accounts for the branch. Provide regular inputs to the CANI sales team on competition benchmarking, opportunities and segmentation, CSE staffing and productivity, product features and quality of portfolio acquired. Work in close consultation with the central product team to modify the product features / parameters to suit the need of portfolio customers/prospects (Product Customization). Monitoring and ensure sourcing of quality current accounts. Responsible for monitoring the portfolio health of all newly acquired non-managed retail current accounts in the branch, with respect to on-boarding, activation, value build-up & AQB maintenance. Understanding the customer business and prepare customer profile. Focusing on ‘Profile-based selling’ approach, for sell of value added products/services such as Trade Finance/Fx, CMS, POS / Payment gateway solutions, doorstep banking, assets, insurance etc. Ensuring proactive customer migration to direct banking channels, such as Net Banking / E-Net, Phone Banking, Insta-Alerts, Email Statements etc depending on customer need and transaction preference. Exploring potential for new to bank liability customer acquisition – through referral from group companies / business associates (dealer/vendors etc.) and savings accounts of portfolio customers. Maintain continuous customer engagement through customer visits / contacts, and proactively resolve customer issues / queries. Ensure action on central triggers / initiatives on enhancements, cross sell and portfolio monitoring. Ensure Catchment Profiling for branch for CA potential with help from CANI team.
  • Icici Lombard
    Unit Sales Manager
    Icici Lombard Jul 2009 - Jun 2011
    Ludhiana
     Responsible for driving sales initiatives to achieve defined business targets through a team of agents.  Recruiting, training leading and controlling a team of agents and monitoring their activities to derive optimum productivity out of each of them. Arranged training sessions for the agents to update their selling skills. Getting Insurance license for the agents from IRDA through IRDA examination. Mapping market dynamics, conducting SWOT analysis, and customized policy presentations to meet specific needs of individual and institutional clients.  Exploring business opportunities across different segments and generating needed sales thrust to capitalize on the available potential.  Setting monthly / quarterly and yearly targets for the agents and conducting their performance analysis in the light of actual vis-à-vis targets. Analyzing the root causes of loss of business and evolving pertinent answers to avoid recurrence. Providing personalized approach to handle high profile clients and secure their patronage.  Setting sales targets of the advisors and monitoring their performance regularly. Providing them needed field and administrative support to facilitate realization of business targets. .
  • Nestle
    Management Trainee
    Nestle May 2008 - Jul 2008
    Moga
    Carried out two research projects as mentioned below:I) To study the Inventory Management in Nestlé India Ltd. and Rating the Vendors on the basis of their Performance.II) To study the Buying Behaviour of Consumers towards Fresh Packaged Milk.

Varun Singla Skills

Insurance Channel Management Team Management Banking Hindi Customer Satisfaction Customer Relations New Business Development Customer Service Market Planning Sales Management Promotions Direct Marketing

Varun Singla Education Details

Frequently Asked Questions about Varun Singla

What company does Varun Singla work for?

Varun Singla works for Icici Lombard

What is Varun Singla's role at the current company?

Varun Singla's current role is Chief Manager - Health Agency.

What is Varun Singla's email address?

Varun Singla's email address is va****@****ail.com

What schools did Varun Singla attend?

Varun Singla attended Insurance Institute Of India, Insurance Institute Of India, Punjab Agricultural University, D.m. College, Moga.

What skills is Varun Singla known for?

Varun Singla has skills like Insurance, Channel Management, Team Management, Banking, Hindi, Customer Satisfaction, Customer Relations, New Business Development, Customer Service, Market Planning, Sales Management, Promotions.

Who are Varun Singla's colleagues?

Varun Singla's colleagues are Shalaka Thombre, Manohar Chalwadi, Srikanth Peddati, Imran Shaik, Ashish Gupta, Sushant Toraskar, Theppa Narsimha.

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