Ankit Kabra
Actuarial Profession
Bengaluru
Summary
An Actuarial position using excellent ability to use multitude of calculations in order to assist the management in predicting events that may prove to be a major cause of business loss.
Overview
7
7
years of professional experience
Work History
Assistant Vice President
Swiss Re Global Business Solutions Pvt Ltd
09.2022 - Current
- Worked on AXIS Models for Valuation of part of the block of US business.
- Gave IFRS trainings to Bangalore colleagues from Finance, Actuarial or any other department in the location. Included examples of how changes to parameters affect P&L and Balance Sheet position.
- Started managing 6-7 people where the mandate was to ensure all assumption changes are processed in the system and explained to stakeholders timely and with quality.
Corporate Senior Actuarial Analyst
Swiss Re Global Business Solutions Pvt Ltd
04.2021 - 08.2022
- Analysis of difference between US GAAP basis and Best Estimate Methodology
- Prepared and analyzed Expense Level allocation for US region to help the Senior Vice President in high level decision making
- Training new joiners on A vs E analysis, EUA preparation.
Corporate Actuarial Analyst
Swiss Re Global Business Solutions Pvt Ltd
06.2019 - 03.2021
- Providing support for quarterly valuations for US-GAAP, Statutory reserves and best estimate reserves for US Life Business
- Setting up and reviewing Economic Assumptions used in valuing best estimate liability along with documentations
- Involved in end-to-end earnings analysis including validation of movement in reserves for significant treaties, validating premiums and claims by collaborating with Finance department
- Calculation of IBNR for the whole of Life Business for US branch, understanding its movement.
Senior Actuarial Analyst
Aon Consulting Pvt Ltd
03.2017 - 06.2019
- The Actuarial Valuation of the companies of the UK - calculation of liabilities of various schemes on different bases such as Technical Provisions, Solvency, Neutral,etc
- Responsible for training and mentoring colleagues in topics related to UK pensions as well as the process followed in the organization
- Experience Analysis (difference between actual and assumed, example mortality assumptions, other demographic assumptions)
- Regular Funding Updates to calculate funding position
- Drafting Actuarial Reports summarizing the principle results of actuarial valuation including assumptions and models used.
Education
CT Series, CP2, CP3 - Actuarial Science
Institute And Faculty of Actuaries, UK
04.2001 -
Bachelor's in Business Commerce (Hons) - Accounting And Finance
St Xaviers' College
Kolkata 04.2001 -
Skills
Strong communication and presentations skills, both verbal and written
undefinedAccomplishments
Recipient of Gold Award in Aon for carrying out valuation for a scheme along with three others (Team Award).
Best Debut Award in Swiss Re for performance above expectations in the first year
Timeline
Assistant Vice President
Swiss Re Global Business Solutions Pvt Ltd
09.2022 - Current
Corporate Senior Actuarial Analyst
Swiss Re Global Business Solutions Pvt Ltd
04.2021 - 08.2022
Corporate Actuarial Analyst
Swiss Re Global Business Solutions Pvt Ltd
06.2019 - 03.2021
Senior Actuarial Analyst
Aon Consulting Pvt Ltd
03.2017 - 06.2019
CT Series, CP2, CP3 - Actuarial Science
Institute And Faculty of Actuaries, UK
04.2001 -
Bachelor's in Business Commerce (Hons) - Accounting And Finance
St Xaviers' College
04.2001 -
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