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ANURAG SAXENA
                                                         A-303, Nayantara Apartments, Plot # 8B, Sector-7, Dwarka, New Delhi-110075
                                                                                 anurag.saxena311@gmail.com | +91-9811142706
SUMMARY
19+ years’ experience of B2B and B2C sales by planning strategies, managing key accounts, offering value
propositions to clients and maximizing revenue mainly in BFSI space. Proficient in setting up new business and
launch of products, providing value through innovations, improved processes and reduced cost. Adept at growing,
training and managing large, geographically dispersed teams.

EXPERIENCE

Nov 11 – till date E-MEDITEK TPA SERVICES LIMITED                                                              Gurgaon
                   The company is a Third Party Administrator (TPA) providing health benefit administration in
                   conjunction with 24 insurers, 5000+ health providers, partners and international alliances to
                   >7mn registered members.

      Vice President - Corporate Relations
                 Team Size: 100 Relationship Managers; 25 Branch Managers

                   Managing corporate relations with >1500 clients comprised largely by MNCs for a total
                      business of INR 500Cr in a company ranked 3rd among 33 across the country.
                     Acquired 50+ companies yielding additional business of INR 20Cr during the last 3
                      months, including referrals from existing clients.
                     Improved customer retention from 70% to 92% in a business that is renewable annually
                      by providing end-to-end solutions.
                     Designed value-added services such as monthly camps for preventive care & wellness in
                      coordination with hospitals and pharmaceutical companies.
                     Brought down 10% claims by sharing information with companies based on advanced
                      analytics & predictive modeling and verification for reducing fraud & abuse.
                     Led a strategic initiative called ‘Big Pharma’ wherein members can order medicine online
                      from the company at discount of up to 50%, the first such initiative in the sector.
                     Corporate includes-Schneider Electric, E&Y, Hewitt, Nokia, Ericssion, KPMG,
                      Evalueserve, Alstom, Steria, Omaxe, Jindal Group, APC, Kohler, Fiserv, Benetton, etc.

May 02 – May 11 MAX NEW YORK LIFE INSURANCE COMPANY LIMITED
                The company is a joint venture between New York Life, a Fortune 100 company and Max
                India Limited, one of India's leading multi-business corporations.

Mar 09 – May 11 Senior Managing Partner                                                                                     Delhi
                Team Size: 100 members including 20 direct reports + 700 advisors

                   Scaled up direct and corporate business in NCR by 50% to INR 150Cr, highest revenue
                      in the zone while leading a Super General Office (SGO), 1 of 6 in the country.
                   Received annual performance rating of G2 M2 from 2002 to 2011, a part of top 20%
                      employees: ‘outstanding’ in business results & an ‘expert’ in management competencies.
                      Innovations
                     Introduced ‘share of wallet’, a strategic initiative for cross selling which contributed to
                      30% of total revenue and was adopted by other zones in the company.
                     Set up agency associate programme (AAP), a new channel which enabled advisors to
                      set up their own teams, contributing INR 2.35Cr revenue.
                      Operational Efficiencies
                     Improved applied: paid ratio from 88% to 92% by focusing on ‘1st Year’ earnings.
                     Reduced business leakage from 40% to 5% through training of sales team leading to
                      lesser cancellation of policies.
                     Focused on selling long term wealth creation & protection plans, brought down cheque
                      bouncing from 12% to 2% & controlled operating expenses which came down from 72%
                      to 39%.
                      Team Management
                     Achieved highest new agent productivity during 2010 while case activation improved from
                      50% to 70% for case sizes ranging from 22k to 33k and qualified as Best Trained Team.
                     Participated with training team for creating company’s vision on long term key drivers &
                      differentiators and qualified for ‘Impact’ in SGO category in 2009 for the first time.
 Qualified for ‘Top Gear’ contest at the national level by meeting Q4 targets in SGO
                    category.
                                                                                                       Contd ……/2
                                                                                                            Page 2

                                                                                          ANURAG SAXENA
                MAX NEW YORK LIFE INSURANCE COMPANY LIMITED; continued
Mar 08 – Feb 09 Managing Partner – Multiple Locations (Projects)
      Kanpur
                Team Size: 80 members including 15 direct reports + 500 advisors
                 Initiated operations in Kanpur, Varanasi & adjoining cities as Cluster Head for Eastern
                  UP which grew to a business of INR 50Cr
                 Achieved position of 2nd runners up among 300 offices nationally during 2008 on gross
                  productivity average (GPA), a combination of 6 key elements

Jul 06 – Feb 08   Partner-in-Charge
       Kanpur
                  Team Size: 40 members including 8 direct reports + 200 advisors
                   Launched operations in Kanpur as Profit Center Head and scaled up business to INR
                    10Cr within 1 year
                   Achieved highest New Advisor Productivity for a new office with case rate of 3 per month
                    against the national average of 1.5 to 1.7

Jul 05 – Jun 06 Associate Vice President
       Lucknow
                Team Size: 40 members including 8 direct reports + 150 advisors
                 Launched operations in Lucknow as Profit Center Head and grew business to INR 6Cr
                 Achieved highest New Advisor Productivity of 88% for a new general office (GO)
                  category with highest paid case rate of 4.71

Jan 04 – Jun 05 Associate Partner                                                                        Noida
                Team Size: 6 direct reports + 100 advisors
                 Carried out highest recruitment of advisors and scaled up business to INR 5Cr within 3
                  months of launch of Investment Linked Insurance, a new product in the category

May 02 – Dec 03 Manager - Sales
     Delhi
                Team Size: 30 advisors
                 Qualified for Executive Council 2003 held at Kathmandu, a niche on meeting targets
                 Conducted training programs for mentoring new recruits for the position of Manager –
                  Sales at various locations across the country

Jan 01 – Apr 02 MAHINDRA HOLIDAYS & RESORTS INDIA LIMITED Delhi
                Sales Manager

Nov 93 – Jan 01 CEASEFIRE INDIA LIMITED Delhi
                (Formerly, Real Value Marketing Services Limited)

Oct 99 – Jan 01   Territory Manager
                  Team Size: 20 Executives/ Senior Executives
Jan 97 – Sep 99   Key Account Manager - NCR
Jan 96 – Dec 96   Group Leader
Oct 94 – Dec 95   Senior Sales Executive
Nov 93 – Oct 94   Sales Executive

Oct 92 - Nov 93   BPL SANYO UTILITIES & APPLIANCES LIMITED Delhi
                  Group Leader
EDUCATION
Perusing          INDIAN SCHOOL OF BUSINESS & FINANCE (Authorized by FPSB India)
                  Certified Financial PlannerCM (CFPCM)

2011              NATIONAL INSTITUTE OF SECURITIES MARKETS (NISM)
                  Mutual Funds Distributors Certificate Program
2000       INSTITUTE OF MANAGEMENT TECHNOLOGY
           Advance Diploma in Business Management

1995       DELHI UNIVERSITY
           Bachelor of Arts
PERSONAL   January 31, 1973

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Maximizing Revenue and Customer Retention in BFSI

  • 1. ANURAG SAXENA A-303, Nayantara Apartments, Plot # 8B, Sector-7, Dwarka, New Delhi-110075 anurag.saxena311@gmail.com | +91-9811142706 SUMMARY 19+ years’ experience of B2B and B2C sales by planning strategies, managing key accounts, offering value propositions to clients and maximizing revenue mainly in BFSI space. Proficient in setting up new business and launch of products, providing value through innovations, improved processes and reduced cost. Adept at growing, training and managing large, geographically dispersed teams. EXPERIENCE Nov 11 – till date E-MEDITEK TPA SERVICES LIMITED Gurgaon The company is a Third Party Administrator (TPA) providing health benefit administration in conjunction with 24 insurers, 5000+ health providers, partners and international alliances to >7mn registered members. Vice President - Corporate Relations Team Size: 100 Relationship Managers; 25 Branch Managers  Managing corporate relations with >1500 clients comprised largely by MNCs for a total business of INR 500Cr in a company ranked 3rd among 33 across the country.  Acquired 50+ companies yielding additional business of INR 20Cr during the last 3 months, including referrals from existing clients.  Improved customer retention from 70% to 92% in a business that is renewable annually by providing end-to-end solutions.  Designed value-added services such as monthly camps for preventive care & wellness in coordination with hospitals and pharmaceutical companies.  Brought down 10% claims by sharing information with companies based on advanced analytics & predictive modeling and verification for reducing fraud & abuse.  Led a strategic initiative called ‘Big Pharma’ wherein members can order medicine online from the company at discount of up to 50%, the first such initiative in the sector.  Corporate includes-Schneider Electric, E&Y, Hewitt, Nokia, Ericssion, KPMG, Evalueserve, Alstom, Steria, Omaxe, Jindal Group, APC, Kohler, Fiserv, Benetton, etc. May 02 – May 11 MAX NEW YORK LIFE INSURANCE COMPANY LIMITED The company is a joint venture between New York Life, a Fortune 100 company and Max India Limited, one of India's leading multi-business corporations. Mar 09 – May 11 Senior Managing Partner Delhi Team Size: 100 members including 20 direct reports + 700 advisors  Scaled up direct and corporate business in NCR by 50% to INR 150Cr, highest revenue in the zone while leading a Super General Office (SGO), 1 of 6 in the country.  Received annual performance rating of G2 M2 from 2002 to 2011, a part of top 20% employees: ‘outstanding’ in business results & an ‘expert’ in management competencies. Innovations  Introduced ‘share of wallet’, a strategic initiative for cross selling which contributed to 30% of total revenue and was adopted by other zones in the company.  Set up agency associate programme (AAP), a new channel which enabled advisors to set up their own teams, contributing INR 2.35Cr revenue. Operational Efficiencies  Improved applied: paid ratio from 88% to 92% by focusing on ‘1st Year’ earnings.  Reduced business leakage from 40% to 5% through training of sales team leading to lesser cancellation of policies.  Focused on selling long term wealth creation & protection plans, brought down cheque bouncing from 12% to 2% & controlled operating expenses which came down from 72% to 39%. Team Management  Achieved highest new agent productivity during 2010 while case activation improved from 50% to 70% for case sizes ranging from 22k to 33k and qualified as Best Trained Team.  Participated with training team for creating company’s vision on long term key drivers & differentiators and qualified for ‘Impact’ in SGO category in 2009 for the first time.
  • 2.  Qualified for ‘Top Gear’ contest at the national level by meeting Q4 targets in SGO category. Contd ……/2 Page 2 ANURAG SAXENA MAX NEW YORK LIFE INSURANCE COMPANY LIMITED; continued Mar 08 – Feb 09 Managing Partner – Multiple Locations (Projects) Kanpur Team Size: 80 members including 15 direct reports + 500 advisors  Initiated operations in Kanpur, Varanasi & adjoining cities as Cluster Head for Eastern UP which grew to a business of INR 50Cr  Achieved position of 2nd runners up among 300 offices nationally during 2008 on gross productivity average (GPA), a combination of 6 key elements Jul 06 – Feb 08 Partner-in-Charge Kanpur Team Size: 40 members including 8 direct reports + 200 advisors  Launched operations in Kanpur as Profit Center Head and scaled up business to INR 10Cr within 1 year  Achieved highest New Advisor Productivity for a new office with case rate of 3 per month against the national average of 1.5 to 1.7 Jul 05 – Jun 06 Associate Vice President Lucknow Team Size: 40 members including 8 direct reports + 150 advisors  Launched operations in Lucknow as Profit Center Head and grew business to INR 6Cr  Achieved highest New Advisor Productivity of 88% for a new general office (GO) category with highest paid case rate of 4.71 Jan 04 – Jun 05 Associate Partner Noida Team Size: 6 direct reports + 100 advisors  Carried out highest recruitment of advisors and scaled up business to INR 5Cr within 3 months of launch of Investment Linked Insurance, a new product in the category May 02 – Dec 03 Manager - Sales Delhi Team Size: 30 advisors  Qualified for Executive Council 2003 held at Kathmandu, a niche on meeting targets  Conducted training programs for mentoring new recruits for the position of Manager – Sales at various locations across the country Jan 01 – Apr 02 MAHINDRA HOLIDAYS & RESORTS INDIA LIMITED Delhi Sales Manager Nov 93 – Jan 01 CEASEFIRE INDIA LIMITED Delhi (Formerly, Real Value Marketing Services Limited) Oct 99 – Jan 01 Territory Manager Team Size: 20 Executives/ Senior Executives Jan 97 – Sep 99 Key Account Manager - NCR Jan 96 – Dec 96 Group Leader Oct 94 – Dec 95 Senior Sales Executive Nov 93 – Oct 94 Sales Executive Oct 92 - Nov 93 BPL SANYO UTILITIES & APPLIANCES LIMITED Delhi Group Leader EDUCATION Perusing INDIAN SCHOOL OF BUSINESS & FINANCE (Authorized by FPSB India) Certified Financial PlannerCM (CFPCM) 2011 NATIONAL INSTITUTE OF SECURITIES MARKETS (NISM) Mutual Funds Distributors Certificate Program
  • 3. 2000 INSTITUTE OF MANAGEMENT TECHNOLOGY Advance Diploma in Business Management 1995 DELHI UNIVERSITY Bachelor of Arts PERSONAL January 31, 1973