Experience Summary
Educational Qualifications
• International PG Diploma in Risk
Management – Global Risk Management
Institute
• PG Diploma in Insurance & Risk
Management - IIRM
• Mechanical Engineering – JNTU University
Professional history
• PricewaterhouseCoopers Pvt. Ltd- Sep’18 to
Present
• ICICI LOMBARD GIC, Feb’15 to July’17
• ORIENT CEMENT Jan’13 to Jan’14
Competency:
• Enterprise Risk Management
• Process Improvement by value chain analysis
• IFC/ICOFR, COSO, SoX audit and
implementation
• Underwriting & Claims
• Business Analysis, Automation, UAT.
• Data Analytics ACL, BI tool Tableau
• Process and system reviews
• MS Office (Visio, Excel, PowerPoint, Project)
• Insurance Risk Management Specialist
Career Objective
As a risk professional to provide highly effective and efficient business solutions and deliver the work for clients
to achieve their business objectives.
I am a qualified risk professional with 4 years of experience in the Insurance and Financial services industry.
Relevant experience
Experience Consultant- PricewaterhouseCoopers Pvt. Ltd
• Responsible for reviewing the ERM framework for a leading insurance company.
• Successfully reviewed the commission process for a leading bank and suggested the process improvements
with controls.
• Responsible for creating regulatory repository for a new insurance company and helped them in developing a
tool to track and monitor the compliance requirements.
• Responsible to provide weekly update on the progress of project delivery to senior management.
• Responsible for participating in Insurance Industry forums and circulating the key takeaways with relevant
stakeholders.
• Responsible for publishing the monthly insurance insights report through FS RAS PWC India.
Summer Internship – Grant Thornton LLP
• As a part of client due diligence report- analyzed the clients line of business, market opportunities, competitor
analysis and evaluated positioning of the company incorporating current and future trends by doing
secondary research
• Responsible for doing a country profiling for an auto ancillary client across the value chain by identifying
risks & opportunities, regulatory landscape analysis, government push, country analysis, product supply
chain analysis.
• After country profiling, compared cross country and identified which countries are best to invest and to create
a hub, if so what are the challenges to enter and sustain into those markets.
Experience Summary
Professional Certifications &
Membership
• Member of Charted Insurance Institute, UK.
• Cleared level 4 diploma in Insurance
through CII, UK.
• Designator of DIP CII
• Pursuing Advanced Diploma in insurance.
Achievements
• One of the top 200 finalists in India's biggest
start up competition and pitched to
investors.
• Won Above & Beyond award team –
appreciated as a very good team player.
Volunteer Activities
• Participated in fund raising event by cycling
for 25 Kms with Tour De Vision organised by
ESHA foundation.
• Volunteer in CSR activity conducted by
GRMI partnered with GENPACT.
• Volunteer in CSR activity “Caring Hands” by
ICICI Lombard GIC.
Contact Details
Address: Pricewaterhouse Cooper India Pvt Ltd,
Shivaji Park, Prabhadevi, Mumbai,
Maharashtra.
Mobile: + 91 9769314488
E-mail: indra.karukuri@pwc.com
Relevant experience
Underwriter/Claims Analyst- ICICI LOMBARD GIC
• Responsible for automating the claims process which improved TAT by 60%.
• Responsible for analysing the risk of crop insurance in targeted business areas and creating models to
forecast the future loss.
• Successfully participated in all tendering process for acquiring crop insurance business.
• Successfully scrutinized and paid 1000 Cr of claims by doing fraud analysis and then calculating the claims
based upon the data..
• Responsible for communicating with cross asset operational teams and technology to ensure stakeholders
are aware of regulatory change landscape.
Trainee Engineer- Orient Cement Pvt Ltd
• Responsible for ensuring all fixed assets and high value inventory are insured.
• Following up with the insurance companies in case of any claims.
• Associated for all risk mitigation practices inside the plant.
• Review of effectiveness of insurance policies and inviting RFPs from other insurance companies.
Curriculum in Diploma in Risk Management:
• Business Value chain and operating models, Process Mapping, Enhancement and Value stream Mapping,
Process Assurance and operating efficiency(COSO,IA),Internal Controls over Financial Reporting(IFC &
SOX), Enterprise Risk Management, ITGC, Regulatory and compliance Risks, Applied data analytics
(Knime, tableau), Market, credit and operational risk.