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L K Shamsunder - PGDM - National Insurance Academy

L K Shamsunder

Qualification :

B.Sc (Hons), FIII, Diploma In Health Insurance


16th Batch Direct Recruit Officer in LIC
Presently in Zonal Manager (O) Cadre

20l4 to 2017 – Regional Manager (Bancassurance) – Was in-charge of the channel for states of Telangana & AP. Co-ordinated with Regional Managers of Bank partners of 13 PSB s and 5 Pvt. Banks.

2010 to 2014 – General Manager, LIC (International), Bahrain – No. 2 Position in the Company, having jurisdiction in Bahrain, UAE, Qatar, Oman and Kuwait. The company progressed from $ 60 MN to $ 100 MN in New Business Premium. Also was actively involved in investment. The investment portfolio increased from $ 450 MN to $ 1.00 BN during my tenure. Was instrumental in generating trading profit of $ 25 MN per annum from 2010 to 2013. Company complied with Regulators of 6 different countries including Saudi Arabia. Had also handled all board meetings of the company and was a invitee of the same.

2006 to 2010 – Sr. Divisional Manager, Jorhat & Secunderabad Divisions of LIC. As SDM of Secunderabad, I was in-charge of all operations of LIC in the Division. Led a team of 20,000 Agents, 350 Development Officers and more than 1000 Employees. Was successful in selling 5,25,000 New Policies with New Business Premium of Rs. 435.00 Crs ($ 68 MN ) during the year 2009-10. Settled over 1,00,000 claims during the same year.

2002 to 2004 – Marketing Manager – LIC, Hyderabad Division – N0. 2 position in the Division. In-charge of New Business & all servicing aspects of the Division

1996 to 2002 – Worked as Sr. Branch Manager, LIC, Sangareddy Branch. Manager (Sales) of LIC Karimnagar Division. Asst. Secy (Mktg) in LIC New Delhi Zonal Office.

1988 to 1996 – worked as Asst. Admn Officer in Davanagere (Karnataka) & Branch Manager (i/c) of 2 rural Branches of LIC.

Areas of Interest:

Reading books, Cricket, Travelling, Interaction with People, Interested in Spirituality, Yoga


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