L K Shamsunder

Qualification :

B.Sc (Hons), FIII, Diploma In Health Insurance

Experience:  

16th Batch Direct Recruit Officer in LIC
Presently in Zonal Manager (O) Cadre

20l4 to 2017 – Regional Manager (Bancassurance) – Was in-charge of the channel for states of Telangana & AP.  Co-ordinated with Regional Managers of Bank partners of 13 PSB s and 5 Pvt. Banks.

2010 to 2014 – General Manager, LIC (International), Bahrain – No. 2 Position in the Company, having jurisdiction in Bahrain, UAE, Qatar, Oman and Kuwait.  The company progressed from $ 60 MN to                $ 100 MN in New Business Premium.  Also was actively involved in investment.  The investment portfolio increased from $ 450 MN to               $ 1.00 BN during my tenure.  Was instrumental in generating trading profit of $ 25 MN per annum from 2010 to 2013.  Company complied with Regulators of 6 different countries including Saudi Arabia.  Had also handled all board meetings of the company and was a invitee of the same.

2006 to 2010 – Sr. Divisional Manager, Jorhat & Secunderabad Divisions of LIC.  As SDM of Secunderabad, I was in-charge of all operations of LIC in the Division.  Led a team of 20,000 Agents, 350 Development Officers and more than 1000 Employees.  Was successful in selling 5,25,000 New Policies with New Business Premium of Rs. 435.00 Crs ($ 68 MN ) during the year 2009-10.  Settled over 1,00,000 claims during the same year. 

2002 to 2004 – Marketing Manager – LIC, Hyderabad Division – N0. 2 position in the Division.  In-charge of New Business & all servicing aspects of the Division

1996 to 2002 – Worked as Sr. Branch Manager, LIC, Sangareddy Branch.  Manager (Sales) of LIC  Karimnagar Division. Asst. Secy (Mktg) in LIC New Delhi Zonal Office. 

1988 to 1996  – worked as Asst. Admn Officer in Davanagere (Karnataka) & Branch Manager (i/c) of 2 rural Branches of LIC.

Areas of Interest:

Reading books, Cricket, Travelling, Interaction with People, Interested in Spirituality, Yoga

Email: 

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