Balaji Vellineni

About Balaji Vellineni

Results-driven professional with over 19 years in IT industry and 15 years of comprehensive experience in the Insurance industry, spanning across General Insurance, Life Insurance, and Reinsurance. Skilled in project delivery, data analysis, and business process optimization, I have a proven track record of successfully managing complex insurance products and large-scale digital transformation initiatives. My expertise extends to regulatory compliance, solution architecture, and leveraging technology to enhance operational efficiency.CORE INSURANCE EXPERIENCEIn-depth experience with various insurance streams such as Property & Casualty, Life & Pensions, and Health Insurance.Played pivotal roles in multiple insurance projects, focusing on product development, implementation, and regulatory compliance.Successfully managed and delivered large-scale implementations, such as the Legacy Replacement project for United India Insurance (UIIC), Green Field Project at Directasia, Singapore, RPA delivery for AXA-XL, Digital Transformation project for Group Pensions at LIC etc.PROJECT DELIVERY & LEADERSHIPSpearheaded the implementation of innovative RPA solutions to automate insurance processes, significantly improving processing time and accuracy.Led cross-functional teams to achieve 100% functional coverage in testing strategies, reducing critical errors in the SDLC.Introduced accelerators to streamline insurance operations, contributing to increased profitability and client satisfaction.TECHNOLOGY & INNOVATIONExpertise in integrating technology into insurance workflows, enhancing efficiency, and reducing operational costs.Conceptualized Health Insurance and Travel Claims solutions, demonstrating a blend of technical proficiency and domain expertise.CERTIFICATIONSLicentiate & Associate in General Insurance, Insurance Institute of India.Diploma in Health Insurance, Insurance Institute of India.Certified Business Analysis Professional (CBAP).Post Graduate Program in AI/ML (Ongoing).

Experience

1. Associate Vice President

   Indium

   Dec 2024 — Present · Chennai, IN

Education

• Japan Foundation

  JLPT N4, Japanese Studies

  2016 — 2017

• IBS Hyderabad

  MBA, Finance

  2003 — 2005

• Insurance Institute of India

  Associateship, General Insurance

• The University of Texas at Austin

  Postgraduate Degree, Artificial Intelligence & Machine Learning

• University of Madras

  M.Sc, Chemistry

  1999 — 2001

• University of Madras

  B.Sc, Chemistry

  1996 — 1999