Parag Raja

Parag Raja is the Managing Director and Chief Executive Officer of Bharti AXA Life Insurance, one of the leading life insurance companies in India. He leads the company in its next phase of growth and transformation and aims to achieve its mission of protecting and empowering every Indian through insurance.

An industry veteran, Parag has a career spanning nearly 21 years, including the last 19 years in the life insurance industry across two organizations – Max Life Insurance Co. Ltd and Aditya Birla Sunlife Insurance Co. Ltd. Prior to Bharti AXA Life Insurance, he was the Chief Distribution Officer at Aditya Birla Sunlife Insurance and led a team of over 6,000 employees of diverse functions nationally.

Parag, a conscientious and result-oriented leader with deep-rooted values and a global outlook, has a strong bias for action with a proven track record in delivering sustainable results. He planned and executed the strategic direction for expanding Aditya Birla Sunlife Insurance’s footprint across India and spearheaded robust sales growth. At Max Life Insurance, he grew through the ranks in the Agency channel to become the Head of Agency, and was also instrumental in building the Axis Bank partnership to make it the largest non-captive and third-largest bancassurance relationship in the country. He replicated this success with the HDFC Bank relationship at Aditya Birla Sunlife Insurance and also signed up many other key banks and corporate agency alliances. In the financial services space, he has also worked with ICICI Bank and ANZ Grindlays Bank.

An avid writer, Parag is a Post Graduate in Marketing Management from Jamnalal Bajaj Institute of Management Studies, Mumbai. He holds a Bachelor’s degree in Commerce from HR College and a Master in Commerce from Sydenham College, Mumbai.