Python/R/SAS/MatLab
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 - 05.2004
Bachelor of Science - Mathematics
Nowrosjee Wadia College, Pune University
Pune 07.1999 - 05.2002
Skills
Insurance/Reinsurance Pricing
Cyber Risk Quantification
Actuarial Methods
Predictive Modeling
Analytics
Building and Managing teams
Programming
Project Management
Software
Emblem
JAVA/NET
MS Excel
VBA
MS Office
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 - 05.2004
Bachelor of Science - Mathematics
Nowrosjee Wadia College, Pune University
07.1999 - 05.2002