
Kunj Varma
Insurance
About Kunj Varma:
I'm a results-oriented professional with a strong background in the insurance industry.
Over the past 6 years, I've gained valuable experience in various roles, including reinsurance, auto & health and was a part of the support staff & sales team.
Experience
Aditya Birla Insurance Broker Limited - (HO, Mumbai)
Department: Customer Service Retention
Designation: Business Development Manager (Motor Insurance)( Dec 2022 - Till date )
Key Profile in Motor Insurance:
➢ Drafting and providing the required quotation for new and renewal leads.
➢ Visiting Aditya Birla Group and corporate clients to discuss new and renewal business.
➢ Attending Operational queries from various new and existing clients.
➢ Coordination with the IT team for technical-related issues on daily operational activities.
➢ Coordination with Insurance companies for issuing Policy Copies.
➢ Preparing sales templates on offline policies.
➢ Providing the payment link to new and renewal clients.
➢ Making and Sending Business Reports to Management on a weekly basis.
➢ Coordinating with IT Team for developing the new system where offline policies can be booked and
processed in the system.
Overall Key Profile in:
Department: Reinsurance Operations
Designation: Deputy Manager (July 2022 - November 2022)
Designation: Assistant Manager (Feb 2021 - June 2022)
Designation: Senior Executive (Nov 2019 - Feb 2021)
Overall Key Profile in Reinsurance Operation (Treaty):
➢ Reviewing income booking and registering the same in the system.
➢ Processing & rendering all Reinsurance Technical Accounts (Raising Debit/Credit Notes) and sharing with
Cedant / Reinsurer.
➢ Follow up with the Reinsurer for the Signed Credit Note.
➢ Attending queries raised by cedant/reinsurer.
➢ Maintaining Treaty Tracker to avoid any delay and brokerage register for all the bookings made for
management review on a monthly basis.
➢ Maintaining register for M&D instalments per due dates, Quarterly accounts for follow-ups and payment to
the due parties.
➢ Coordination with the Cedant and reinsurer/broker for any delay, if required.
➢ To ensure collection of funds.
➢ Daily monitoring of monies received and further quick settlement to due parties.
➢ Sending payment advice & taking confirmation from the reinsurer within TAT as per IRDA guidelines.
➢ Making Payment Instructions and sending the same to the Finance Team.
➢ Maintaining and sharing GST invoices.
➢ Following up & Collecting Tax Documents from the foreign reinsurer.
Education
Bachelors of Science ( University of Mumbai , India )
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