Summary
Overview
Work History
Education
Skills
Software
References
Interests
Timeline
Generic

Sujay Kumar Sahu

Risk Quantification-Insurance-Cyber
Bangalore

Summary

  • Over 18 Years of experience in (Re)Insurance industry in P&C and Cyber risk quantification
  • Over 12 Years of experience in building Actuarial and Analytics teams
  • Experience in building frequency and severity models to quantify Cyber risk
  • Built multiple models for (Re)Insurance industry in P&C
  • Worked as product & business owner of Swiss Re's major pricing tools
  • International experience as a pricing Actuary and structured solutions
  • Experience in providing methodology and costing tools training to Underwriters around the globe
  • Good knowledge on costing/pricing tools landscape for both Single Risks and Treaty
  • Experience in building costing/pricing models by working with multiple stakeholders
  • Experience on parameter studies and developed statistical models to determine technical rate

Overview

19
19
years of professional experience
3
3
Languages

Work History

Vice President, Lead - Research & Analytics

Safe Security
Bangalore
06.2020 - Current
  • Working directly with CEO in building a strong Research & Analytics team of Data Scientist and Research Scientist
  • Developing models to quantify Cyber risk of organization in terms of breach likelihood using Bayesian Networks
  • Developing Models to estimate annual expected loss of organization due to Cyber Risk using MonteCarlo simulation
  • Working with product teams in integrating scoring APIs
  • Working with Insurance company in integrating scoring APIs in their underwriting platform.
  • Proved successful working within tight deadlines and fast-paced environment revenue grown from 1M to 7.5 M USD in 3 years
  • Increased company growth through collaboration with sales and marketing departments
  • Demonstrated proficient leadership skills to motivate employees and build competent teams

Vice President (Senior Actuary Pricing Tools)

Swiss Re
Bangalore
01.2016 - 06.2020
  • Built strong non-life pricing team in Bangalore
  • Product and business owner of Swiss Re's major treaty costing/pricing tools
  • Providing tools and methodology training and costing support to underwriters
  • Treaty costings/pricing experience in P&C as a pricing Actuary Managing and mentoring junior team members
  • Demonstrated leadership skills in managing projects from concept to completion.
  • Assisted with day-to-day operations, working efficiently and productively with all team members.
  • Identified issues, analysed information and provided solutions to problems.

Vice President (Manager Special Lines)

Swiss Re
Bangalore
10.2013 - 12.2015
  • Built strong Actuarial team of Swiss Re Corporate Solutions in India
  • Complete ownership of Marine Actuarial function of Swiss Re Corporate Solutions
  • Performed parameter studies for Marine business and experience in GLMs to determine base rates for Marine Hull Partial loss and Total loss
  • Delivered training in Swiss Re's international locations and technical support to underwriters on various pricing models
  • Responsible for Special Lines Corporate Solutions costing tool development and maintenance by closely working with IT
  • Demonstrated creativity and resourcefulness through development of innovative solutions.
  • Adaptable and proficient in learning new concepts quickly and efficiently.

Assistant Vice President (Actuary Special Lines)

Swiss Re
Bnagalore
01.2008 - 09.2013
  • Developing and maintaining costing tools for Special lines of business
  • Performing parameter studies for Marine, Aviation and Engineering costing tools
  • Providing support to underwriters in treaty pricing during renewals as pricing Actuary
  • Providing training and technical support to underwriters on various pricing models

Actuarial Analyst

Genpact(Working for GE-Insurance Solution)
Gurgoan
01.2006 - 12.2007
  • Part of Portfolio analysis team of GE‐Insurance solution and prepared presentation for management to present to Swiss Re before integration
  • Conducted portfolio analysis for Agriculture line of business
  • Enhancements of pricing tools in MS Access VBA for different lines of business.

Analyst

Neural TechSoft
Mumbai
01.2005 - 12.2006
  • Experience in Investment and Quantitative analysis
  • Conducted Principal Components Analysis of funds for clients
  • Developed trading strategies using neural network
  • Developed algorithm to determine credit rating of company

Education

Master of Science - Mathematics

Indian Institute of Technology Bombay
Mumbai
07.2002 - 2004.05

Bachelor of Science - Mathematics

Nowrosjee Wadia College, Pune University
Pune
07.1999 - 2002.05

Skills

Insurance/Reinsurance Pricing

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Software

Python/R/SAS/MatLab

Emblem

JAVA/NET

MS Excel

VBA

MS Office

References


Amit Kalra, MD & Head, Swiss Re Global Business Solution Centres India

Mobile: +91-9740033320 Email: Amit_Kalra@swissre.com

Adrian Kolly, Director, Head Actuarial Services P&C

Mobile: +41-798230711 Email: Adrian_Kolly@swissre.com

Ralph Koglin, Director, Head Tools & Systems P&C

Mobile: +41-795925417 Email: Ralph_Koglin@swissre.com

Ambrish Saxena, Director, Head Portfolio Steering Property & Specialty at Swiss Re CorSo
Mobile: +49-15166315240 Email: Ambrish_Saxena@swissre.com

Arindam Chakraborty, Sr. Vice President, Head of Actuarial Insights, APAC at Swiss Re CorSo

Mobile: +91-9886900665 Email: Arindam_Chakraborty@swissre.com

Interests

Following current affairs around the globe

Travelling, Reading books and watching movies

Timeline

Vice President, Lead - Research & Analytics

Safe Security
06.2020 - Current

Vice President (Senior Actuary Pricing Tools)

Swiss Re
01.2016 - 06.2020

Vice President (Manager Special Lines)

Swiss Re
10.2013 - 12.2015

Assistant Vice President (Actuary Special Lines)

Swiss Re
01.2008 - 09.2013

Actuarial Analyst

Genpact(Working for GE-Insurance Solution)
01.2006 - 12.2007

Analyst

Neural TechSoft
01.2005 - 12.2006

Master of Science - Mathematics

Indian Institute of Technology Bombay
07.2002 - 2004.05

Bachelor of Science - Mathematics

Nowrosjee Wadia College, Pune University
07.1999 - 2002.05
Sujay Kumar SahuRisk Quantification-Insurance-Cyber