Shubham Kakkar
@shubhamkakkar
I build actuarial pricing, valuation, and regulatory reporting solutions for life insurance.
IndiaWhat I'm looking for
I'm currently delivering actuarial pricing at Bandhan Life, where I price and file new products, develop calculators, and prepare IRDAI filing documentation.
I work closely with product, underwriting, customer service, IT, legal, and reinsurance teams on product design, system setup, treaty terms, pricing risk reporting, and MCVNB monitoring. I've also modelled reduced paid-up decrement chains and conducted mortality investigations for group business.
Previously at MetLife, I supported statutory, US GAAP, and participating-business valuation work, including bonus calculations, reserve reconciliations, experience analysis, and PolySystems product modelling. At WNS, I modernised Aviva UK's Solvency II reporting and reserving tools, including a VBA stress-calculation tool that reduced turnaround time by 70%.
My earlier work at Aon covered defined-benefit pension valuations, funding updates, transfer values, experience investigations, and accounting disclosures under US GAAP, UK GAAP, and IFRS. I'm a member of the Institute of Actuaries of India and the Institute and Faculty of Actuaries.
Experience
Work history, roles, and key accomplishments
Senior Manager - Actuarial Pricing
Bandhan Life
Jun 2023 - Present (3 years 3 months)
Performed pricing and filing of new products and minor modifications, designed and reviewed calculators, and prepared filing annexures for IRDAI submissions. Coordinated with multiple teams and reinsurers, and conducted mortality experience investigations.
Calculated annual bonus earning capacity, implemented insurance board directives for cash surrender value changes, and performed statutory valuations for par business. Conducted experience analysis for lapse and revival assumptions and involved in US GAAP valuations.
Modernised actuarial tools for Aviva life insurance UK, redesigned VBA-based tools for Solvency II reporting, and engineered a bespoke stress calculations tool reducing turnaround time by 70%. Coordinated with stakeholders and simplified legacy models.
Performed actuarial valuations of defined benefit pension schemes for UK clients, investigated mortality and other factors, and prepared accounting disclosures under US GAAP, UK GAAP, and IFRS. Reconciled surplus/deficit and performed data validation.
Performed financial testing, control evaluations, and reporting during audit engagements.
Education
Degrees, certifications, and relevant coursework
Dyal Singh College, University of Delhi
Bachelor of Commerce (Honours), Commerce
Grade: 69%
Completed B.Com (Hons.) with 69% marks.
RAN PUBLIC SCHOOL
Senior Secondary (XII), General
Grade: 91%
Completed XIIth (AISSCE) with 91% marks.
Institute of Actuaries of India
Member of Institute of Actuaries of India, Actuarial Science
Cleared actuarial papers covering core principles, core practices, and specialist principles.
RAN PUBLIC SCHOOL
Secondary (X), General
Grade: 9.4 CGPA
Completed Xth (AISSE) with 9.4 CGPA.
Tech stack
Software and tools used professionally
Availability
Location
IndiaAuthorized to work in
Salary expectations
Job categories
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