Summary
Quote
Overview
Work History
Education
Skills
Certification
Timeline
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Renjit Philip

Renjit Philip

Dubai,UAE

Summary

Strategic-thinking Business Leader with a track-record of delivering successful new business ventures.

Demonstrated ability to leverage network of customer contacts to increase understanding of customer needs and employ business-growth strategies.

A proven leader of strategic initiatives that result in improved revenues. Senior leadership experience in both startup and corporate environments.

International work experience: USA, Middle East, North Africa, India, and China.

Focus areas: Startups, Cards & Payments, Insurance, technology consulting, ecommerce and consumer finance

Quote

There is a powerful driving force inside every human being that, once unleashed, can make any vision, dream, or desire a reality.
Tony Robbins

Overview

22
22
years of professional experience
6
6
years of post-secondary education
9
9
Certifications

Work History

Head- Business Development (MEA)

Symbo Insurance
Dubai, UAE
12.2020 - Current
  • Contract role heading Strategic partnerships, Go-to-market strategy, Business development, New Market Entry, Client relationship & Sales Key Achievements.
  • Closed a multi-million-dollar partnership deal with a digital broking house within the first two months.
  • Created a strong go-to-market offering in the remittance space and created a pipeline of prospective clients.
  • Created a strong pipeline of technology platform customers among the regional insurance companies.
  • Coordinated innovative strategies to accomplish business objectives and boost long-term profitability.

Co-Founder/ Chief Product Officer

Explain.Care Inc
Cincinnati, United States
01.2018 - 05.2020
  • Setting Strategy & Vision, Executive leadership, Board engagement, Early-stage growth, Strategic partnerships, Business development, Digital Marketing, Product Management, Regulatory affairs & Fundraising Key Achievements.
  • Co-founded an innovative insurtech startup using AI in the field of health insurance and health care.
  • Launched product offering across Alexa, Google Assistant, and six critical messaging platforms in 8 months.
  • Successfully created customer engagement (through Digital Marketing & Social media), and an extensive waiting list for product launch using innovative growth hacking techniques.
  • Startup successfully graduated from the Founder Institute accelerator program in 2018 and YCombinator startup school, 2019.

General Manager-Strategy & Change

Al Futtaim Finance PVJSC
Dubai, UAE
07.2011 - 08.2017
  • Member of the company's executive team reporting to the Managing Director.
  • Responsible for: Strategy planning & execution, Annual budgeting, Strategic Account Management, Customer relationship management, Talent Management, Internal consulting, P&L management.
  • Scope: Regional role ( North Africa / Middle East / Sri Lanka)

Key Achievements.

  • Successfully closed the partnership search, commercial contracts and launched the Al Futtaim co-branded credit card with FAB Bank and MasterCard. Financial impact of USD 55+ MM in five years.
  • Led change management of strategic initiatives, including growth initiatives- Fintech and Digital transformation (Bank APIs).
  • Head of regional Insurance in charge of the relationship/partner management, insurance product development (Automotive / PA /Travel/ Loss of Employment/ Warranty products), product strategy & roadmap, pricing management, and marketing (USD 65 MM Gross premiums annually).
  • Interim Head of Information technology (2016- 17), Enterprise Lending system redesign/data analytics & modeling. Revamped IT infrastructure and strategy, enterprise systems product roadmap, and introduced Agile management practices.

Director Operations (& Other Roles)

RSA Insurance Group
Dubai / Shanghai / Muscat
11.2006 - 12.2010
  • Key Roles held: Executive leadership team member reporting to the CEO, Greater China. Regional Operations Manager in UAE.

Key Achievements.

  • Created the strategy and business case to enter the small business segment in China- revenue of USD 75 MM over five years.
  • Sales Operations work-stream for motor insurance partnership with a large bank in KSA- processes for a cross-selling scheme with a top-line target of USD 9 MM annually.
  • Post-merger integration of a USD 32 MM acquisition: Led the integration planning work-stream during due-diligence. Established the target operating model design for sales, underwriting with new workflows for the merged entity in Oman.
  • Designed and scaled up the National Operations Centre in China (including IT/ Telesales & Customer support call-center) and Procurement function in the business in a record time. Operations center received a global recognition from company.

New Products Introduction Manager/Six Sigma Black Belt

GE Money & State Bank of India
Gugaon, India
05.2004 - 10.2006

Key Achievements.

  • New Product Introduction lead for Asia's first multi-brand coalition loyalty, credit card & merchant acquiring program- Tata Loyalty Program.100k cards in 5 years.
  • Lean/ Six-sigma Blackbelt for the project that launched the sales channel that contributed 30% of the company's net income in 2005. Trained sales staff and designed and rolled out the system for the channel.
  • Project managed the launch of the personal loan credit line on the SBI credit card. The product achieved USD 55 MM in disbursed volumes in the first year of operation.
  • Successfully project managed the all-India rebranding initiative with more than 80 branches, marketing collateral and all digital assets in scope.

Project Leader (& Other Roles)

Tata Consultancy Services
Cleveland / Mumbai / Ahmedabad, India
01.1999 - 06.2002
  • India & USA Multiple roles– Banking, Financial Services & Insurance vertical, User Experience design leader for the project that implemented a Capital Markets trading system for clients- Ahmedabad Stock Exchange and the Bangalore Stock Exchange (Equities & Options Trading) in a record time.
  • Led a team to redesign the planning applications for Penske Logistics (GE Capital owned company) to boost productivity by 33%.
  • Part of the technology and business process re-engineering team that reduced sales order-sourcing time by around 50% for Garden Silk Mills, India (large textile manufacturer).

Education

Strategic Thinking & Leadership For Growth

Wharton Executive Education
Dubai
03.2016 - 03.2016

Post Graduate Program in Management (MBA)

Indian Institute Of Management, Bangalore
Bangalore
06.2002 - 03.2004

Bachelor of Technology - Mechanical Engineering

College Of Engineering, Trivandrum
Trivandrum, Kerala
08.1994 - 10.1998

Skills

Leadership

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Certification

Designing a Business- IDEO University

Timeline

Google Ads Search certification- Google

12-2020

Head- Business Development (MEA)

Symbo Insurance
12.2020 - Current

Designing a Business- IDEO University

09-2020

Enterprise design thinking co-creator - IBM

08-2020

AWS Cloud Practitioner Essentials- Amazon

07-2020

The Future of Payment technologies- Michigan U

05-2020

Digital Transformation- University of Virginia

02-2020

Blockchain and Business: Applications and Implications- INSEAD

01-2020

Machine Learning Certificate- Stanford Online

04-2018

Co-Founder/ Chief Product Officer

Explain.Care Inc
01.2018 - 05.2020

Strategic Thinking & Leadership For Growth

Wharton Executive Education
03.2016 - 03.2016

General Manager-Strategy & Change

Al Futtaim Finance PVJSC
07.2011 - 08.2017

Director Operations (& Other Roles)

RSA Insurance Group
11.2006 - 12.2010

Lean / Six Sigma Blackbelt - GE Money

04-2005

New Products Introduction Manager/Six Sigma Black Belt

GE Money & State Bank of India
05.2004 - 10.2006

Post Graduate Program in Management (MBA)

Indian Institute Of Management, Bangalore
06.2002 - 03.2004

Project Leader (& Other Roles)

Tata Consultancy Services
01.1999 - 06.2002

Bachelor of Technology - Mechanical Engineering

College Of Engineering, Trivandrum
08.1994 - 10.1998
Renjit Philip