Insurance: Balasubramaniam Ramathas Spent the Last Decade Bringing New Technologies to the Insurance Ecosystem

Balasubramaniam Ramathas
Balasubramaniam Ramathas

Working as a technology expert and product manager in the insurance industry for the last ten years, Balasubramaniam Ramathas has ushered the industry into uncharted territory time and time again. He's seen insurance providers change their approaches to underwriting, evolve as customer-centric service providers, and reduce costs all through the use of leading technologies. Driven by ever-changing and fast-paced work environments, Balasubramaniam takes on projects that are daunting, delivers flawless results, and continues pushing forward with every new technological advancement.

In 2016, Balasubramaniam Ramathas began managing the implementation of insurance products in the healthcare and commercial sectors. As a product manager at Cognizant, he was able to understand and work with large insurance providers all over the country, honing in on common pain points and challenges many of his clients faced. By updating the digital infrastructure of each organization, along with bringing new platforms into the fold, Balasubramaniam helped insurers cut costs, provide stellar customer experiences, and even process claims faster.

In today's world, people want accuracy and efficiency at a level that is only possible with technology. In order to process an insurance claim quickly, offer insights about how to move forward, and provide updates to the customer, providers need to employ tools and technologies that enable these functions. Unfortunately, the process to move to a new system can be tedious, costly, and have high rates of failure without the proper leadership.

Balasubramaniam's track record of leading transformation projects and modernizing organizations from the bottom up speaks for itself. He successfully proposed a data migration strategy that would move one organization to an updated system without compromising the critical production environment needed to keep operations moving. His innovative approach saved the client $2 million annually in system maintenance and reduced the need for data center maintenance, saving another $600,000 each year.

As a product manager at Cognizant, Balasubramaniam advances insurance product solutions, supports data migration efforts, and works with his clients to apply technological solutions to their strategic business goals. Product managers in this space often get siloed into being thought of as technical resources, but the best product managers are so much more. Spending most of his time as a consultant of sorts, Balasubramaniam sifts through business priorities, removes the noise that comes with large-scale transformations, and bridges the gap between business-focused teams and tech-focused teams.

Currently focusing on the healthcare and commercial insurance niche, Balasubramaniam's extraordinary skills are taking the industry to new heights and improving claim outcomes, too. A natural leader, Balasubramaniam takes time to understand each unique project before diving in. His project outcomes have an impressive rate of success, and multiple clients have awarded him Bravo Awards to thank him for his business-altering efforts. Balasubramaniam illustrates what it looks like to move the needle without losing sight of what's most important: the people behind it all.

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