Tejas Bajaj

Associate Consultant

Bengaluru, Karnataka, India2 yrs 9 mos experience

Most Likely To SwitchHighly Stable

Key Highlights

Cleared 8 Actuarial papers to date.
Contributed to in-house tool development enhancing efficiency.
Strong collaboration with underwriting and finance teams.

Stackforce AI infers this person is a skilled Actuarial Analyst in the Insurance sector.

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Skills

Core Skills

Actuarial ScienceBusiness AnalysisFinancial Accounting

Other Skills

Actuarial skillsCollaborationCommunicationControl checksCosting methodologyData VisualizationData checksEconomic costing modelEnrolled ActuaryExcel VBA modelsFinancial StatementsJiraKey performance indicators (KPIs)LeadershipManagement

About

Hi all, I completed my Bachelor's in Commerce from St. Xavier's College (Autonomous), Kolkata in 2023. My journey in Actuarial Science started in 2021, and since then, I have gained diverse experience in the insurance and reinsurance sectors. I am currently employed as a Senior Corporate Actuarial Analyst with the Group Actuarial Costing team (Group Underwriting) team at Swiss Re. In this role, I contribute to defining the costing methodologies for P&C Re deals, positioning our team as a key function within the organization. My work involves close collaboration with various departments including underwriting, finance, risk management. We play a pivotal role in supporting underwriters by defining & simplifying the KPI's. In terms of professional accomplishments, I've successfully cleared 8 Actuarial papers till date: • CM1(CT1 + CT5) - Apr'21 • CS1(CT3) - Sep'21 • CS2(CT4 + CT6) - Apr'22 • CM2(CT8) - Sep'22 • CP3 (CA3) - Sep'23 • CB1 (CT2) - Apr'24 • CP2 (CA2) - Sep'24 • CB3 (CT9) - Jan'25 I am committed to advancing in this challenging yet rewarding field and remain confident in reaching my career goals. Outside of work and studies, I love playing guitar, playing different sports and enjoy listening to music. In my free time, I love exploring new places and discovering the different offerings nature has to provide. Feel free to reach out to connect further!💬

Experience

2 yrs 9 mos

Total Experience

2 yrs 9 mos

Average Tenure

2 yrs 9 mos

Current Experience

Swiss re

2 roles

Senior Corporate Actuarial Analyst

Promoted

Oct 2025 – Present · 7 mos · Bengaluru, Karnataka, India · Hybrid

Corporate Actuarial Analyst

Jul 2023 – Sep 2025 · 2 yrs 2 mos · Bengaluru, Karnataka, India · Hybrid

Maintaining and improving the costing methodology
Provide continuous support to the economic costing model, which underpins company-wide costing efforts.
Define key performance indicators (KPIs) to assist underwriters in making informed decisions on deals.
Offer guidance to stakeholders on understanding critical metrics essential for deal evaluation.
Ensure the smooth integration of parameters across loss modeling, pricing, and reserving tools.
Calibrate crucial costing parameters, such as risk capital, internal expenses, tax rates, profit margins, and yield curves, utilizing data from various teams.
Maintaining up to date documentation of changes and updates in parameters through jiras and wiki pages.
As a central group function, address requests from stakeholders across the company, including underwriters, on a regular basis.
Communicate effectively with stakeholders from diverse professional backgrounds to resolve issues.
Conduct scenario analysis on P&C Re deals periodically to assess the impact of parameter changes.
> As a Business Analyst:
Contributed towards a major in-house tool development project
Analyzed and extracted business logic from the existing tool for implementation in the new tool to drive seamless integration.
Collaborated with the tech team to implement critical functionalities, enhancing efficiency and scalability.
Designed and developed comprehensive test scenarios to validate the new tool, covering both data curation and distribution to consuming applications.
Created detailed user stories to guide the tech team in development and implementation.

Costing methodologyEconomic costing modelKey performance indicators (KPIs)Stakeholder communicationScenario analysisActuarial Science+1

Prime actuarial solutions

2 roles

Actuarial Analyst

Oct 2022 – Jun 2023 · 8 mos · Gurugram, Haryana, India · Remote

Calculated the central exposed to risk for a number of life insurance products. Also, did persistency checks for new as well as renewal businesses.
Worked on calculating UPR for several general and life insurance lines of businesses in the Gulf region.
Established automatic control checks to minimise errors.
Prepared summaries and comparisons for reserves concerning the differences in computation.
Helped the client during the auditing process by editing and documenting the reserving work procedure.

Risk calculationPersistency checksControl checksReserving work proceduresActuarial ScienceFinancial Accounting

Actuarial Intern

Jul 2022 – Sep 2022 · 2 mos · Gurugram, Haryana, India · Remote

Performed checks on pensions and life policies raw data provided by several clients. Have performed the same using in-built VBA models.
Performed gratuity and leave valuation using Excel VBA models.

Data checksExcel VBA modelsActuarial Science

Cas student central

Summer Intern

Jun 2022 – Aug 2022 · 2 mos · United States

Focussed on:
Actuarial skills like Pricing, Reserving, Data Visualisation, Predictive Modelling etc.
A Group Case competition wherein the groups were asked to price a warranty product

Actuarial skillsPricingReservingData VisualizationPredictive ModelingActuarial Science