Ashok Kumar Lahoty FIAI FIA

CEO

Kolkata, West Bengal, India17 yrs 4 mos experience

Most Likely To SwitchHighly Stable

Key Highlights

Over 16 years of experience in General Insurance.
Expert in Enterprise Risk Management and Pricing.
Led teams of up to 40 members in actuarial functions.

Stackforce AI infers this person is a seasoned actuary specializing in General Insurance and Risk Management.

Contact

Skills

Core Skills

Enterprise Risk ManagementPricingBusiness StrategyTeam ManagementReservingUnderwriting

Other Skills

Actuarial ScienceAutomation using VBABusiness PlanningCapital ManagementChief Risk officerClaimDelivery managementEconomic Capital ModellingFinanceFinancial RiskGeneral InsuranceInsuranceLoss ReservingMISManagement

About

I am qualified actuary with more than 16 Years of experience mainly in General Insurance. Expertises: Leadership skill, Appointed Actuary, Enterprise Risk Management, Chief Risk officer, Regulatory Reporting, Business Strategy, Business Planning, Reinsurance, Product development, Pricing and Management of Health Group and Mass Scheme ( PMJAY), PMFBY and preparing business documents for Capital Infusion. Work Experience: Have worked both for India & UK GI market, Reserving , Pricing for various LOB's & Capital (Solvency II) in General Insurance. Experience in Underwriting, claims & risk Inspection department in GI companies. I have also worked for UK defined benefit & Investment team for around 4 years.

Experience

National insurance co. ltd

Appointed Actuary

Apr 2019 – Present · 6 yrs 11 mos

Head of Actuarial department
Enterprise Risk Management
Chief Risk officer
Business Strategy
Business Planning
Pricing of all risks with premium more than 10 crores for all Line of Business
Regulatory reporting
Preparation of business plan and meeting all requirements for capital Infusion by GOI

Enterprise Risk ManagementChief Risk officerBusiness StrategyBusiness PlanningRegulatory ReportingPricing

Royal sundaram general insurance co. limited

Team Lead- Motor pricing

Jun 2017 – Apr 2019 · 1 yr 10 mos · Mumbai, Maharashtra, India

Pricing across various LOBs
Regulatory reporting - Product performance report, FCR etc.

PricingRegulatory reporting

Jardine lloyd thompson india (jlt india)

Senior Manager- Actuary

Oct 2015 – May 2017 · 1 yr 7 mos · Mumbai Metropolitan Region

Leading actuarial team of around 40 members
Stakeholder management
Delivery management

Stakeholder managementDelivery managementTeam Management

Wns global services

Group Manager (Actuarial) -General Insurance

Mar 2012 – Sep 2015 · 3 yrs 6 mos · Chennai

Reserving for all the LOBs for a one of the leading UK market insurer
Stochastic Reserving
Economic Capital Modelling (Solvency II)
Automation of processes using VBA
Team Handling
Taking care of external & Internal Audit

Stochastic ReservingEconomic Capital ModellingAutomation using VBAReserving

Universal sompo general insurance co. ltd.

Actuarial Manager

Jan 2011 – Mar 2012 · 1 yr 2 mos · Mumbai

Pricing of the health products
Reserving for all the LOBs.
Prepare the FCR & ECR
To meets all the requirements of the IRDA.

PricingReserving

Iffco- tokio general insurance co. ltd.

Assistant Manager

Jan 2006 – May 2008 · 2 yrs 4 mos · Noida

Underwriting of all the LOBs
Risk inspection of Large Industries
Handled Big Brokers, Large Corporate clients and marketing
Handled operation team of Motor department of 20 members
Pricing and Quotation of Government tenders such as Indian Oil etc. and also Group Mediclaim, Group Personal accident policies

UnderwritingRisk inspection