Arati Bhonsle
Associate Vice President
Los Angeles,CA
Summary
Accomplished Insurance professional with a Masters Degree in Organizational Psychology and 20+ years of professional experience by employing Best Practices that improve efficiencies within budget while driving performance on tight deadlines. Diverse core competencies cultivated throughout my journey in the Commercial Insurance Industry as well as immense global experience in the USA, UAE and Indian Insurance Markets.
Overview
20
20
years of professional experience
5
5
Certificates
3
3
Markets, Countries and Continents worked in
Work History
Associate Vice President - Corporate Insurance
Tata Motors Insurance Broking and Advisory Services Ltd.
02.2011 - 10.2023
- Business Placements (New and Renewal Business)-SMEs to Large size Key Institutional Accounts-Commercial Insurance (Property, Casualty, Construction All Risk (Incl. EAR), Marine (other misc. lines of business), Group Insurance-Employee Benefits (Health, Personal Accident & Life)
- Booked and Retained 99% of the Key Accounts - Renewal Business by conducting Business Development, Client servicing and Cross Selling activities to keep 80% of Key Clients engaged
- Acknowledged for outstanding achievements as a Top Placement negotiator and contribution to the organization beyond expected levels
- Constructed and conceptualized In-House PoS Training for the Motor Retail Team
- Regional Head for Ford Motor Retail Business - Managed country-wide Sales Teams. Oversaw account servicing of financed vehicles, streamlined the claim settlement and documentation process within tight TAT.
- Initiated Recruitment Drive and other HR Operations. Emphasized on Talent Acquisition and Retention, Learning & Development, Employee Engagement
Practice Leader-Employee Benefits
Guardian Insurance Brokers
Abudhabi, United Arab Emirates , UAE
2004.11 - 2005.05
- Managed Corporate and Retail clients for Life, Health and Travel Portfolios
- Pitched Commercial Lines-Property and Casualty, Construction
- Built and maintained healthy business relations with key clients that ensured 100% customer satisfaction
- Effective claim management and customer complaints resolutions
Successful Business Retention by 99% and Cross Sell by 10% suitable Product Offerings. - Led process improvement initiatives by identifying areas of inefficiency, implementing best practices, and measuring performance against established benchmarks
- Enhanced client satisfaction by implementing innovative strategies and tailored solutions for their unique needs
Commercial Underwriting Specialist
Chubb Group of Insurance Companies
01.1997 - 02.2000
- Managed niche Key-Clients in Technology Insurance Group resulting in 99% retention
- Managed Property & Casualty Package Policies and miscellaneous lines of insurance
- Branch Corporate Trainer for systematized Property and Work Comp policies
- Acknowledged for outstanding achievements, teamwork and contribution to the organization beyond expected levels of performance
- Proactive in the creation of the monthly Chubb Chronicles by authoring various articles.
Senior Underwriting Associate
CNA Insurance Company
, New Jersey USA
1988.09 - 1997.02
- Dedicated business book ranging from SME - Major Accounts - Property/Casualty Package Policies (Commercial Lines)
- Retention of New and Renewal Package Policies
- Served as Branch Corporate Trainer for Business Automotive
Education
Master of Arts - Organizational Psychology
Maharaja Sayajirao University of Baroda
BarodaSkills
Lead and Revenue Generation
undefinedRight To Work
US Citizen
Certification
Change Management Foundations
Timeline
Associate Vice President - Corporate Insurance
Tata Motors Insurance Broking and Advisory Services Ltd.
02.2011 - 10.2023
Practice Leader-Employee Benefits
Guardian Insurance Brokers
2004.11 - 2005.05
Commercial Underwriting Specialist
Chubb Group of Insurance Companies
01.1997 - 02.2000
Senior Underwriting Associate
CNA Insurance Company
1988.09 - 1997.02
Master of Arts - Organizational Psychology
Maharaja Sayajirao University of Baroda
Similar Profiles
NIRAJ KUMARNIRAJ KUMAR
Senior Manager at HDFC ERGO General Insurance CompanySenior Manager at HDFC ERGO General Insurance Company
Chetan Kumar SahooChetan Kumar Sahoo
Relationship Manager at SBI General Insurance Co. LtdRelationship Manager at SBI General Insurance Co. Ltd
Nithyaa SNithyaa S
Key Account Manager at VIBE INSURANCE BROKING AND ADVISORY SERVICE PRIVATE LIMITEDKey Account Manager at VIBE INSURANCE BROKING AND ADVISORY SERVICE PRIVATE LIMITED
ASHLEY SANCHEZASHLEY SANCHEZ
Sales Associate at TargetSales Associate at Target
Amit ShahAmit Shah
Owner at Zoom RoomOwner at Zoom Room