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Sheth Sumesh

 

 

Qualification

•M.Sc. (Master of Science) from Mumbai University, India in with First Class

•Qualified in NET/SET conducted by CSIR-UGC, India

•PGDM (Post Graduate Diploma in Business Management), December 2004.

•IRM Level 1 Certification, 2023.

MEMBERSHIPS

·         Fellow Member of Insurance Institute of India since 2022

·         Student Member, Institute of Actuaries of India. Have qualified in 4 papers.

·         Member, Mentor council for skill development in Insurance, Government of India,2013-4

Experience

KEY PROFESSIONAL EXPERIENCE:

·         20+ years’ experience in Life Insurance Industry as a Manager in India

·         3+ years’ experience in Life Insurance Industry as a Manager in Singapore

·         8 years’ academic experience: training in Insurance, consultancy and research

KEY SKILLS

Life Insurance operations:

·         Managing complex projects involving multiple stakeholders from conceptualisation, inception and operationalising them as a team leader.

·         Managing large verticals in Information technology and training in Insurance

·         Working with the teams as team leader with teams across India

·         Managing operations of a life Insurance company from a nascent stage to growth.

·         Insurance regulatory compliance

·         Deep Insurance domain expertise

Teaching& research and consultancy in Insurance

·         Designing & conducting offline/online programs for Management Students & Managers

·         Teaching a wide range of courses in Life Insurance, Health Insurance, ERM, Regulations, and other related topics.

·         A visiting faculty in Life Insurance at other Institutions

·         Research in Insurance

Work

NIA (National Insurance Academy), Pune, India

From July 2021 till date as a Faculty Member

From May 2008 till May 2014 as a Research Fellow

LIC Singapore:

From November 2015 to December 2018

Manager, Operations and the compliance officer for MAS mandated regulatory compliance.

LIC of India

From December 2018 to July 2021:

•Faculty Member at Management Development Centre at Mumbai

•Manager in the International Operations at the corporate office of LIC of India

From May 2014 till November 2015

Team leader at Corporate HRD department of LIC of India for training of the tied Agency and Agency Managers of LIC of India

From 1993 to 2008

As a Manager in the Information Technology at the divisional office

Worked in the Information Technology at the corporate office where:

•Lead a team that designed and set up PCMC (Premium Collection Management Centre) which was a common platform for collecting premiums through multiple non-traditional modes such as Internet, ECS, bill payment, ATM and kiosks. Today it accounts for bulk of premium collection of the company involving millions of transactions per annum.

•Team member which pioneered and oversaw the creation of one of the largest networks in India, carried out a major business process reengineering of the largest life insurer in India. 

•Trained by IIT (Indian Institute of technology), Chennai, India

·         Worked as an officer at Operational level a branch in sales, underwriting, accounts and other areas.

 

List of Publications

Sr No

Date of Publication

Name of Magazine/Journal

Article Title

1

APRIL-JUNE – 2023

THE JOURNAL OF INSURANCE INSTITUTE OF INDIA’, ISSN No. 2278-6759

A joint publication, “Study of the Impact of Covid Pandemic on the Persistency of Life Insurance Business in India

2

February2014

IRDA Journal

Advances in Biological Research -Impact on Insurance                                                                                 (Jointly  by Sumesh Sheth , P. Muraleedharan and Saji Paul)

3

August 2013

IRDA Journal

The "3A" effect

4

January 2013

Bimaquest Vol. 13 Issue 1,

ISSN -0974-0791

Singapore Health Care System: An Overview

5

July 2012

Bimaquest Vol. 12 Issue 2

Choices for funding personal healthcare costs in India

7

July 2011

Bimaquest Vol. 11 Issue 2

Challenges in financing healthcare for the elderly in India

Areas of Interest

·         Implication of advances in biology, genomics and medical science for Insurance

·         Demographic changes and its impact on society and Insurance

Email Id

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LinkedIn Profile Link

https://www.linkedin.com/in/sumesh-sheth-229187175?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=ios_app