Vinit Angachekar

About Vinit Angachekar

With a total of 2 years of experience in the insurance industry, I have been responsible for various tasks including: • Ensuring IRDAI compliance and managing timely annual audit reporting • Managing Pan India customer and branch queries via CRM (Microsoft Dynamics) and QMS (Query Management System) • Generating monthly management reports • Monitoring and enhancing Go Green initiatives across business sourcing channels • Managing vendors and ensuring process quality control • Handling policy issuance for group business • Formatting and uploading data for issuance • Conducting quality checks on issuance data • Following up with the sales team for discrepancy resolution.

Experience

1. Senior Associate

   HDFC Life

   Sep 2023 — Present · Mumbai, IN

   Policy Issuance: Supervising the end-to-end process of issuing group life insurance policies, ensuring compliance with company policies and industry regulations. Quality Control: Implementing rigorous quality control measures to guarantee accuracy in policy documentation and adherence to underwriting guidelines. Team Management: Leading and mentoring a team of issuance specialists, providing training as needed, and fostering a collaborative and efficient work environment. Collaboration: Coordinating with underwriters, actuaries, and other relevant departments to facilitate smooth policy issuance processes. Continuous Improvement: Identifying opportunities for process optimization and efficiency enhancements within the issuance department. Implementing improvements to streamline workflows and reduce processing times. Compliance: Ensuring strict adherence to regulatory requirements and compliance standards, safeguarding the company against legal and regulatory risks. Customer Service: Collaborating with customer service teams to address client inquiries related to policy issuance promptly and effectively. Technology Integration: Keeping abreast of technological advancements and overseeing the integration of relevant tools and systems to enhance the efficiency of policy issuance operations. Reporting: Providing regular reports to senior management on key performance indicators, operational efficiency, and any challenges faced by the issuance department. Strategic Planning: Contributing to the development and execution of strategic plans for the issuance department, aligning with broader organizational goals. Risk Management: Identifying and mitigating risks associated with policy issuance, ensuring that the department operates within acceptable risk thresholds.

Education

• Mumbai University Mumbai

  Bachelor of Commerce - BCom

  2019 — 2022