Summary
Overview
Work History
Education
Skills
Projects
Certification
Timeline
Generic

Sabitha Rangarajan

Dubai

Summary

Seasoned insurance expert with a strong background in general insurance and adept in handling commercial claims. Proven success in claim management, with enhanced software proficiency. Performance-focused with keen analytical abilities, eager to contribute to team with a commitment to continuous learning and meticulous attention to detail.

Overview

31
31
years of professional experience
1
1
Certification

Work History

Senior Claims Specialist

Sukoon Insurance (Previously Oman Insurance Company)
04.2017 - Current
  • Self-reliant in managing of large and complex Property & Casualty including Consumer Lines Claims
  • Evaluate potential exposure levels associated with high-value complex claims to ensure adequate and timely reserves in accordance with established guidelines and industry best practices
  • Review, analysis, evaluation of complex claims, authorizing claim payments with no leakage and settlement in accordance with policy terms and conditions
  • Facilitate cross-functional collaboration between departments such as underwriters, marketing and reinsurance teams to ensure effective handling of claims
  • Coordination with Insured, Brokers, Claims Adjusters, Experts, Lawyers, Recovery Agents for seamless claim management
  • Single point contact for all IT related matters concerning the application and new changes if any and ensure that expected results are achieved
  • Analysis and Reporting of claims data to top management
  • Collaborate closely with internal / external auditors / Complaint and Compliance Teams
  • Maintained up-to-date knowledge of industry trends and regulations to ensure compliance within the department

Business Analyst

Oman Insurance Company
12.2013 - 03.2017
  • Well-versed in all phases of Software Development Life Cycle including Requirement gathering, Design, Development, Testing & Deployment
  • Collaborated in requirement gathering and documentation of in-house portal application for Individual Medical Products, Policy Servicing & Commercial Products
  • Contributed in documenting requirements, change management, post-production and UAT support in claims systems implementation
  • Formulated user manuals and training of users

Senior Business Analyst

HCL Technologies Ltd.,
11.2011 - 11.2013
  • Collaborated in end-to-end application development for leading APAC Insurer
  • SPOC for GS Module right from requirement analysis till development & delivery of solution for all products for the requirement provided by customer
  • Analyzed product and process gaps involved in functional requirements and providing necessary solutions to development team in fixing gaps
  • Facilitated business teams on IT systems in client/business-facing role
  • Contributed in annual budget planning activity and is responsible for business case creation
  • Conceptualize Online Business Model (OBM) and solution design for Direct-to-Consumer Portal Enhancement
  • Fostered in proactive propositions on Global Distribution and Multinational Knowledge Exchange programs for Leading Multinational Global General Insurer.

Assistant Manager

Royal Sundaram Alliance Insurance Company
08.2006 - 11.2011
  • Managed all commercial claims (Fire, Marine, Engineering and Liability Claims) beyond authority of Regional Offices from notification to settlement
  • Facilitated and guided Regional Offices on technical issues leading to smooth processing of claims
  • Collaborated with other verticals like Underwriting and Marketing at Corporate Office, Structure process meeting with them on various issues
  • Industry-wise, Client-wise Analysis leading to Portfolio Improvement, Monitoring of various MIS Information, Presentations on monthly Claims Data and on performance of Commercial Claims Vertical to Top Management
  • Managed marine cargo export claims and Bordereaux reconciliation with Overseas Settling Agents.

Assistant

The Oriental Insurance Company Limited
02.1993 - 08.2006
  • Underwriting of various products in Motor, Miscellaneous & Rural Insurances Dept., at Branch level
  • Coordinated Customer Grievances Dept., and Third-Party Claims Dept., at Regional Office.

Education

Master of Arts - Public Administration

ANNAMALAI UNIVERSITY
CHENNAI

MBA - Human Resources Management

UNIVERSITY OF MADRAS
CHENNAI

Bachelor of Commerce - COMMERCE

UNIVERSITY OF MADRAS
CHENNAI

Skills

  • Adaptability
  • Analytical Thinking
  • Claims Analysis & Processing
  • Claims Management
  • Claims Negotiation
  • Collaboration & Team Leadership
  • Critical Thinking
  • Decision-Making
  • Interpersonal Communication
  • Legal & Compliance
  • MS Office
  • Organizational Skills
  • Policy Interpretation
  • Problem-Solving
  • Regulatory Awareness
  • Time Management

Projects

  • Individual Medical Products online using CRM.
  • Online Medical Policy Servicing Portal Projects for Commercial Lines of Insurance.
  • Document Management (ECMS) for GI Claims Legacy system transformation project - exclusively responsible for Claims Module of both Consumer and Commercial Lines including interface and data migration.
  • Risk Aggregation Tool for Energy Insurance.
  • EASI - GS module (an integrated application providing end to end solution from underwriting, claims, CRM, MDM, Oracle Financials and other such independent modules)

Certification

· Fellowship Member “The Insurance Institute of India” with specialization in Marine, Miscellaneous and General Branch.

· GEM Award Winner for efficient handling of claims

· Beaver Award Winner for consistent performance

· Awarded for top performance in the team.

Timeline

Senior Claims Specialist

Sukoon Insurance (Previously Oman Insurance Company)
04.2017 - Current

Business Analyst

Oman Insurance Company
12.2013 - 03.2017

Senior Business Analyst

HCL Technologies Ltd.,
11.2011 - 11.2013

Assistant Manager

Royal Sundaram Alliance Insurance Company
08.2006 - 11.2011

Assistant

The Oriental Insurance Company Limited
02.1993 - 08.2006

Master of Arts - Public Administration

ANNAMALAI UNIVERSITY

MBA - Human Resources Management

UNIVERSITY OF MADRAS

Bachelor of Commerce - COMMERCE

UNIVERSITY OF MADRAS

· Fellowship Member “The Insurance Institute of India” with specialization in Marine, Miscellaneous and General Branch.

· GEM Award Winner for efficient handling of claims

· Beaver Award Winner for consistent performance

· Awarded for top performance in the team.

Sabitha Rangarajan