Summary
Overview
Work History
Education
Skills
Certification
Awards
Timeline
Generic
SIVASUBRAMANIAN V

SIVASUBRAMANIAN V

CHEIF MANAGER & HEAD BRANCH OPERATIONS
Chennai

Summary

Customer focused professional with 20 years of experience in Insurance industry. Thought leader focused on Problem-solving and streamline operations to reduce costs and improve efficiency through automation and management controls.

Overview

19
19
years of professional experience
6
6
years of post-secondary education
1
1
Certification

Work History

Chief Manager - Operations

M/s Cholamandalam MS General Insurance Company Ltd
Chennai
2022.01 - Current

Role – Head - Branch Operations handling 450+ branches

Team Size 480 with 7 Direct Reportees

Achievement – RPA Implementation

  • Renewal Notice Generation, Branch-wise/Vertical-wise segregation and distribution for all motor products. On an average 36 lakhs notices are generated per annum across 450+ branches resulting in savings of Rs. 50 Lakhs per annum (20 man power)
  • Certificate issuance for Group Health and Accident policies (OTC banca products). On an average 10 lacs certificates are issued per annum resulting in cost of savings of Rs. 18 lacs per annum. (5 man power)
  • Cancellation & refund process implemented in the month of Jan'23 and testing in progress

Senior Manager - Operations

M/s Cholamandalam MS General Insurance Company Ltd
2017.01 - 2021.12

Role – Head - Branch Operations handling 450+ branches

Team Size – 480 with 7 Direct Reportees

Achievement – Kiosk Implementation

  • Implemented KIOSK across 450 locations in Tier3 and tier4 locations which ensured instant policy issuance.
  • As part of the initiative, role the included providing system requirement, UAT testing, tie up with third party vendors for cash management, Bank reconciliation
  • Kiosk implementation lead to savings of 25% in average per policy cost (From Rs.30 to Rs.22).

Manager - Operations

M/s Cholamandalam MS General Insurance Company Ltd
2012.01 - 2016.12

Role – Process Manager – Partnership

Team Size – 125 with 5 Direct Reportees

Achievement – Direct integration through API for policy issuance

  • Handled 9 banca partners contributing to 45% of volume in transaction (1.5lakhs policies)
  • Managed premium deposit and reconciliation of the deposit on monthly basis
  • Through online integration of policy issuance with 5 of the Major partners we achieve a manpower savings of 70% in banca processing team. i.e. from 125 people to 30 people

Deputy Manager - Operations

M/s Cholamandalam MS General Insurance Company Ltd
2009.01 - 2011.12

Role – Process Lead – OEM & Brokers

Team Size – 50 with 2 Direct Reportees

  • Handled 4 OEM partners like Toyota, MIBL.
  • End to end policy processing is handled at centralized processing.
  • Volumes of around 25000 policies handle per month.
  • Regular Training/Feedback to teams.
  • TAT is being maintained as per SLA

Assist Manager operations

M/s Cholamandalam MS General Insurance Company Ltd
2008.01 - 2008.12

Role – Team Leader – Vendor

  • Outsource policy processing activity to a third-party vendor in rural area.
  • 6levels of training conducted to teams
  • Started with 1000 policies and achieved 10000 policies in a years’ time.
  • 100% TAT and payout paid as per SLA.

Executive Operations

M/s Cholamandalam MS General Insurance Company Ltd
2006.12 - 2008.06

Role – Shift In-charge.

  • Schedule for employees’ shift based on volumes.
  • Maintain Inward and out tracker on proposals.
  • Monitoring on productivity in employees wise and report to General Manager

Associate – Back-office operations

M/s. Chola Business Service Limited
2005.04 - 2006.11
  • Processing policies/receipt creation and banking
  • Maintaining customer complaints
  • MIS on business to regional head.

Education

MBA - Hospitality Administration and Management

ANNAMALAI UNIVERSITY
Chidambaram, India
2006.01 - 2008.05

BCA - Bachelor of Computer Applications

Vels College of Science – Madras University
Chennai
2000.04 - 2003.10

Skills

Cost Control

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Certification

Licentiate -LIII, Insurance institute of india- Mumbai

Awards

  • Best individual -Runner – Operations- 2010
  • Team Award – Operations -2012
  • Consistent Operations support -2013 at Dubai for partnership business

Timeline

Chief Manager - Operations

M/s Cholamandalam MS General Insurance Company Ltd
2022.01 - Current

Senior Manager - Operations

M/s Cholamandalam MS General Insurance Company Ltd
2017.01 - 2021.12

Manager - Operations

M/s Cholamandalam MS General Insurance Company Ltd
2012.01 - 2016.12

Deputy Manager - Operations

M/s Cholamandalam MS General Insurance Company Ltd
2009.01 - 2011.12

Assist Manager operations

M/s Cholamandalam MS General Insurance Company Ltd
2008.01 - 2008.12

Executive Operations

M/s Cholamandalam MS General Insurance Company Ltd
2006.12 - 2008.06

MBA - Hospitality Administration and Management

ANNAMALAI UNIVERSITY
2006.01 - 2008.05

Associate – Back-office operations

M/s. Chola Business Service Limited
2005.04 - 2006.11

BCA - Bachelor of Computer Applications

Vels College of Science – Madras University
2000.04 - 2003.10
Licentiate -LIII, Insurance institute of india- Mumbai
SIVASUBRAMANIAN VCHEIF MANAGER & HEAD BRANCH OPERATIONS