Shobhit Raj Singh Deori

Project Manager, Analytics || Crop Insurance Underwriting and Claims || IIM Amritsar || IIT Delhi || NIT Kurukshetra

Amritsar, Punjab, India

About

Project Manager at EXL services, Ex-Product Manager at ICICI Lombard. Driven to learn and explore,an internally motivated professional.On a learning expedition in life, MBA from IIM Amritsar, M.Tech from IIT Delhi. Love to work in the field of product development, product innovation, data analytics and management consulting.

Experience

  • EXL (Full-time · 4 yrs 9 mos)
    • Project Manager
      Feb 2024 - Present · 2 yrs 6 mos

    • Senior Consultant
      Nov 2021 - Apr 2024 · 2 yrs 6 mos

  • Chief Product Manager at ICICI Lombard
    Aug 2020 - Oct 2021 · 1 yr 3 mos

    Weather data dashboard • Data Visualization from 20 years historical opensource weather data to assist Underwriting teams in risk assessment. • Monthly weather summary at city level extracted from PAN India weather database • Regional Comparative Trend analysis for weather parameters (e.g. Rainfall, Temperature etc.) affecting insured assets Crop Yield Estimation using Satellite data • Extracted & identified plot level Vegetation Index values (using QGIS) from United States Geological Survey (USGS) satellite database • Developed Multivariate Ridge Regression Model (using R) to estimate Rabi Crop Yield using satellite imagery based vegetation indices (NDVI) as a dependent variable • Remote monitoring using the above model can result in savings w.r.t. survey and pilferage costs. Product development & line extension • Market gap analysis & Need identification: Identified marine fisheries as a key market segment largely not covered by GI industry • Pricing Weather Index Insurance Product to cater to this segment by estimating sum insured and burn cost through market research and historical data analysis respectively.

  • Summer Intern at ICICI Lombard
    Apr 2019 - May 2019 · 2 mos

    Statistical models for predicting weather parameters to improve risk assessment in weather related insurance products • Time series modelling of weather parameters pertaining to Weather Based Crop Insurance Scheme(WBCIS). • Implemented the ARIMA model and its variations to forecast weather parameters on monthly and daily timescales using R. • Improved competitiveness of the WBCIS product bid by reducing premium from 13% to 11%.

  • Project Engineer at R.G.Buildwell Engineers Ltd.
    Jan 2014 - Feb 2016 · 2 yrs 2 mos

    • Managing construction workforce to execute drainage construction works and ensure timely completion and commissioning of the project. • Ensuring strict adherence to the contractual obligations for quality control through in-situ and lab testing of building materials, analyzing test reports and monitoring concrete batch quality. • Co-ordinating with other teams to optimize material and manpower requirement on site. • Formulating addendums to contract for modified design drawings as and when design was revised by design consultant. • Monitoring and evaluating resource productivity by preparing resource efficiency reports and progress reports.