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Experience Summary

Educational Qualifications Career Objective


• International PG Diploma in Risk As a risk professional to provide highly effective and efficient business solutions and deliver the work for clients
Management – Global Risk Management to achieve their business objectives.
Institute
• PG Diploma in Insurance & Risk
Management - IIRM
• Mechanical Engineering – JNTU University I am a qualified risk professional with 4 years of experience in the Insurance and Financial services industry.
Relevant experience
Professional history Experience Consultant- PricewaterhouseCoopers Pvt. Ltd
• PricewaterhouseCoopers Pvt. Ltd- Sep’18 to • Responsible for reviewing the ERM framework for a leading insurance company.
Present • Successfully reviewed the commission process for a leading bank and suggested the process improvements
• ICICI LOMBARD GIC, Feb’15 to July’17 with controls.
• ORIENT CEMENT Jan’13 to Jan’14 • Responsible for creating regulatory repository for a new insurance company and helped them in developing a
tool to track and monitor the compliance requirements.
• Responsible to provide weekly update on the progress of project delivery to senior management.
• Responsible for participating in Insurance Industry forums and circulating the key takeaways with relevant
Competency: stakeholders.
• Responsible for publishing the monthly insurance insights report through FS RAS PWC India.
• Enterprise Risk Management
• Process Improvement by value chain analysis
• IFC/ICOFR, COSO, SoX audit and Summer Internship – Grant Thornton LLP
implementation • As a part of client due diligence report- analyzed the clients line of business, market opportunities, competitor
• Underwriting & Claims analysis and evaluated positioning of the company incorporating current and future trends by doing
• Business Analysis, Automation, UAT. secondary research
• Data Analytics ACL, BI tool Tableau • Responsible for doing a country profiling for an auto ancillary client across the value chain by identifying
risks & opportunities, regulatory landscape analysis, government push, country analysis, product supply
• Process and system reviews
chain analysis.
• MS Office (Visio, Excel, PowerPoint, Project)
• After country profiling, compared cross country and identified which countries are best to invest and to create
• Insurance Risk Management Specialist a hub, if so what are the challenges to enter and sustain into those markets.
Experience Summary

Professional Certifications & Relevant experience


Membership
• Member of Charted Insurance Institute, UK. Underwriter/Claims Analyst- ICICI LOMBARD GIC
• Cleared level 4 diploma in Insurance • Responsible for automating the claims process which improved TAT by 60%.
through CII, UK. • Responsible for analysing the risk of crop insurance in targeted business areas and creating models to
• Designator of DIP CII forecast the future loss.
• Pursuing Advanced Diploma in insurance. • Successfully participated in all tendering process for acquiring crop insurance business.
• Successfully scrutinized and paid 1000 Cr of claims by doing fraud analysis and then calculating the claims
Achievements based upon the data..
• One of the top 200 finalists in India's biggest • Responsible for communicating with cross asset operational teams and technology to ensure stakeholders
start up competition and pitched to are aware of regulatory change landscape.
investors.
• Won Above & Beyond award team – Trainee Engineer- Orient Cement Pvt Ltd
appreciated as a very good team player. • Responsible for ensuring all fixed assets and high value inventory are insured.
• Following up with the insurance companies in case of any claims.
• Associated for all risk mitigation practices inside the plant.
Volunteer Activities • Review of effectiveness of insurance policies and inviting RFPs from other insurance companies.

• Participated in fund raising event by cycling


for 25 Kms with Tour De Vision organised by Curriculum in Diploma in Risk Management:
ESHA foundation.
• Business Value chain and operating models, Process Mapping, Enhancement and Value stream Mapping,
• Volunteer in CSR activity conducted by Process Assurance and operating efficiency(COSO,IA),Internal Controls over Financial Reporting(IFC &
GRMI partnered with GENPACT. SOX), Enterprise Risk Management, ITGC, Regulatory and compliance Risks, Applied data analytics
• Volunteer in CSR activity “Caring Hands” by (Knime, tableau), Market, credit and operational risk.
ICICI Lombard GIC.

Contact Details
Address: Pricewaterhouse Cooper India Pvt Ltd,
Shivaji Park, Prabhadevi, Mumbai,
Maharashtra.

Mobile: + 91 9769314488

E-mail: indra.karukuri@pwc.com