SUNIL MENON
Assistant Vice President at Ericson Insurance TPA Pvt. Ltd.- Claim this Profile
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Bio
Credentials
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FLMI, ARA, ACS
LOMASep, 2005- Nov, 2024
Experience
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Ericson Insurance TPA Pvt. Ltd.
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India
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Insurance
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1 - 100 Employee
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Assistant Vice President
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May 2022 - Present
Asst. Vice President / Branch Head Asst. Vice President / Branch Head
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Paramount Health Services and Insurance TPA Ltd. Pvt.
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Insurance
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100 - 200 Employee
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General Manager
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Aug 2017 - Feb 2021
General Manager (Regional/Branch Head) General Manager (Regional/Branch Head)
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General Manager - Employee Benefits
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Feb 2014 - Jan 2016
In this previous role, I was providing leadership and management to the business and was fully responsible for the day-to-day running of Employee Benefits Department as well as coordination with Sales force. Focused on developing programmes that deliver efficiencies and played a leading role in the mobilisation, development and implementation of robust Employee Benefits processes. I contributed by streamlining the Medical Division, and added Group Life Section, while managing the placements by negotiating for best terms and surpassed the annual target of AED 12 Million for 2015. Show less
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Dar Al Takaful PJSC
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Dubai
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Vice President - Medical
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Dec 2010 - Jun 2013
While working with this organization, I was supporting management's decision-making by analyzing benefit options and predicting future costs. I was supposed to comply with all federal and local legal requirements by studying existing and new legislation, obtaining qualified opinions, enforcing adherence to requirements and advised management on needed actions. I had established Medical Department and added EB/GL portfolio – both with strong foundation. Exceeded previous year’s business production by May, 2013. Show less
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Business Head
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Sep 2009 - Dec 2010
In this organization I was hired to lead operations and strategic direction with full accountability for bottom-line factors, including long range planning. I had successfully established the new entity and arranged Product, with treaty from Lloyds Syndicate, for marketing in partnership with insurers. In this organization I was hired to lead operations and strategic direction with full accountability for bottom-line factors, including long range planning. I had successfully established the new entity and arranged Product, with treaty from Lloyds Syndicate, for marketing in partnership with insurers.
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Manager - Life & Health
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May 2007 - Sep 2009
While working here, I had increased the Medical/Life portfolio from AED 25 Million to AED 67 Million in 2 years (2007 & 2008). I have efficiently managed nearly 50% of company’s total portfolio. I was entrusted with the additional responsibility of being the Approval Authority for policies upto 75% of treaty limits. Successfully achieved the annual target by 3rd quarter in 2009. While working here, I had increased the Medical/Life portfolio from AED 25 Million to AED 67 Million in 2 years (2007 & 2008). I have efficiently managed nearly 50% of company’s total portfolio. I was entrusted with the additional responsibility of being the Approval Authority for policies upto 75% of treaty limits. Successfully achieved the annual target by 3rd quarter in 2009.
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Group Life Administrator
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Jan 2004 - May 2007
My major contribution while working in this company was the enhancement in active policies from 28 to 108 in 3 years and increased the Group Life Business from AED 7 Million (2003) to AED 27 Million (2006). I was responsible for Credit Life and Credit Shield Schemes also. My major contribution while working in this company was the enhancement in active policies from 28 to 108 in 3 years and increased the Group Life Business from AED 7 Million (2003) to AED 27 Million (2006). I was responsible for Credit Life and Credit Shield Schemes also.
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Officer - Employee Benefits Insurance
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1994 - 2001
I was leading a team of half a dozen colleagues for daily running of the Group Life, Health and PA Insurance. I was leading a team of half a dozen colleagues for daily running of the Group Life, Health and PA Insurance.
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Education
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1999 - 2004
LOMA, USA
FLMI, ACS, ARA, Insurance -
1992 - 1994
SIBER, Kolhapur
MBA, Marketing, QT -
1981 - 1987
Lawrence School, Lovedale, Nilgiris
AISSCE
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