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Shubham KumarSK
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Shubham Kumar

@shubhamkumar76

Associate Vice President at ICICI Lombard, growing an ₹80 Cr+ corporate portfolio by ~60% and expanding its hospital network.

India
Message

At ICICI Lombard, I head the MID Corporate Business vertical and manage an ₹80 Cr+ portfolio across 200+ key clients. Through account planning, expansion and cross-selling, I’ve driven ~60% revenue growth.

I lead 8+ sales and operations managers, with responsibility for client retention and new business. I’ve maintained 100% client retention while onboarding 50+ corporate clients, and advised CXOs on insurance structuring that delivered ~19% year-on-year cost savings.

Earlier at ICICI Lombard, I grew the Plum partnership business book from ₹27 Cr to ₹55 Cr in the first 18 months, exceeding its assigned growth target. I also worked on MNC broker relationships and direct business, and used partner performance reviews and sales analysis to identify growth opportunities.

At TATA MOTORS Ltd, I improved plant efficiency by ~23% through Lean and Six Sigma initiatives. Supplier quality improvements reduced rejection rates from 8% to 3%, while throughput increased from 80 to 106 frames per day.

Experience

Work history, roles, and key accomplishments

ICICI Lombard logoIL
Current

Associate Vice President

ICICI Lombard

Apr 2025 - Present (1 year 6 months)

Heading the MID Corporate Business vertical, managing an ₹80 Cr+ portfolio and driving ~60% revenue growth through strategic account planning and cross-selling. Leading a team of 8+ sales and operations managers, achieving 100% client retention and onboarding 50+ new corporate clients.

ICICI Lombard logoIL

Chief Area Manager

ICICI Lombard

May 2022 - Mar 2025 (2 years 10 months)

Managed 200+ client relationships and grew the Plum partnership business book from ₹27 Cr to ₹55 Cr (~104% growth) in 18 months. Conducted partner performance reviews, analyzed sales metrics, and developed tailored pitches for HR specialists.

Tata Steel logoTS

Cold Rolling Mill Intern

Tata Steel

May 2015 - Jun 2015 (1 month)

Designed a semi-automated coil-strapping solution using CAD to improve ergonomics and workplace safety.

Education

Degrees, certifications, and relevant coursework

IL

ICICI Lombard

CL Insurance Programme, Insurance

2024 - 2024

Completed the CL Insurance Programme in 2024.

Indian Institute of Management Ranchi logoIR

Indian Institute of Management Ranchi

MBA, Business Administration

2020 - 2022

Grade: 6.97/10

MBA from IIM Ranchi, completed in 2022.

IA

IATF

IATF Internal Auditor, Quality Management

2018 - 2018

Completed IATF Internal Auditor certification in 2018.

National Institute of Technology Jamshedpur logoNJ

National Institute of Technology Jamshedpur

B.Tech, Engineering

2012 - 2016

Grade: 8.89/10

B.Tech from NIT Jamshedpur, completed in 2016.

CA

CATIA

CATIA, Computer-Aided Design

2013 - 2013

Completed CATIA training in 2013.

DR

DAV Public School, Ranchi

Class X & XII, General Studies

2009 - 2011

Grade: 89.67% & 85.83%

Completed Class X and XII from DAV Public School, Ranchi (CBSE) in 2009 and 2011.

Tech stack

Software and tools used professionally

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