Srinivasa Pavan Kumar Thatha
Claims & Collections - Collector at Allianz Trade in UK & Ireland- Claim this Profile
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Bio
Credentials
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Mergers & Acquisitions
LinkedInJan, 2021- Nov, 2024 -
Negotiation Skills
LinkedInDec, 2020- Nov, 2024 -
SPSS Statistics Essential Training
LinkedInDec, 2020- Nov, 2024 -
Strategic Planning: Case Studies
LinkedInDec, 2020- Nov, 2024 -
UX Research Methods: Interviewing
LinkedInDec, 2020- Nov, 2024 -
Google Forms Essential Training
LinkedInNov, 2020- Nov, 2024 -
Learning Design Research
LinkedInNov, 2020- Nov, 2024 -
Learning Office 365 (Microsoft 365)
LinkedInNov, 2020- Nov, 2024 -
SurveyMonkey Essential Training
LinkedInNov, 2020- Nov, 2024
Experience
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Allianz Trade in UK & Ireland
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United Kingdom
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Insurance
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100 - 200 Employee
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Claims & Collections - Collector
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Jul 2022 - Present
Accomplished objectives related to collection commissions, achieving a 60% increase in collection rates and surpassing operational targets. Managed the high-risk ledger, successfully resolving 100s of critical issues in collaboration with the credit control team. Assisted clients in effectively utilizing top-tier products, and collecting accounts receivable from debtors courteously and accurately via web, email, and telephone communications. Analyzed clients' Trade Credit Risk portfolios, collaborating closely with underwriters and Claims Assessors, resulting in reducing the bad debt for clients by more than 30%. Supported Account Managers in maintaining counterparty relationships, ensuring seamless information flow across Compass and IMX platforms. Resolved 100s disputes. Reported on key credit risk indicators, contributing to risk assessment and portfolio performance evaluation. Maximized recoveries by following the required collection process and employing strategic negotiation skills, leading to collect £5M+ Collaborated cross-functionally with claims, Risk, Legal, Compliance, and Finance departments to establish effective loss mitigation policies. Negotiated with insurers to achieve favorable and cost-effective settlements for clients, saving £1M amount. Contributed insights to product and strategy teams for successful product development Show less
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Bright Network
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United Kingdom
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Staffing and Recruiting
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700 & Above Employee
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Internship Experience UK
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Jun 2020 - Jul 2020
completed internship experience UK, in the field of Investment banking under the guidance of HSBC, Goldman's sach, JP Morgan & Macquarie. Gained valuable insights in career in investment banking and how they work work in the market. Completed work in the M&A process and gained excellent experience by learning many things. completed internship experience UK, in the field of Investment banking under the guidance of HSBC, Goldman's sach, JP Morgan & Macquarie. Gained valuable insights in career in investment banking and how they work work in the market. Completed work in the M&A process and gained excellent experience by learning many things.
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Citi
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United States
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Financial Services
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700 & Above Employee
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Virtual Internship
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Jun 2020 - Jun 2020
●Developing a strategic hypothesis for acquisition. ●Performing DCF analysis. ●Certificate of completion. ●Developing a strategic hypothesis for acquisition. ●Performing DCF analysis. ●Certificate of completion.
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IDFC FIRST Bank
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India
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Banking
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700 & Above Employee
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Assistant Manager
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Jul 2017 - Sep 2019
●Client and vendor onboarding. ●Analyzing KYC by performing CDD & EDD checks. ●Responsible for managing and undertaking the collections process for debts that have been assigned ●co-ordinating with different teams i.e., sales, operations for product delivery management. ●Recovered $5 Million from the bad debts on the books from default customers. ● Managed and lead a team of 15 people, provided training to collection agents to collect debt in effective way. ●Client and vendor onboarding. ●Analyzing KYC by performing CDD & EDD checks. ●Responsible for managing and undertaking the collections process for debts that have been assigned ●co-ordinating with different teams i.e., sales, operations for product delivery management. ●Recovered $5 Million from the bad debts on the books from default customers. ● Managed and lead a team of 15 people, provided training to collection agents to collect debt in effective way.
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Education
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University of Hertfordshire
MSc, Finance and Investment banking -
Jain university,Bangalore
BMS, Financial services