Prasad Neve

Associate Consultant

Pune, Maharashtra, India3 yrs 11 mos experience

Key Highlights

2+ years in actuarial model validation.
Expertise in ALFA models for life insurance.
Proficient in VBA and SAS for data analysis.

Stackforce AI infers this person is a Fintech professional specializing in actuarial science and data analysis.

Contact

Skills

Core Skills

Actuarial ScienceModel ValidationData AnalysisProduct Analysis

Other Skills

ALFA validationBusiness DevelopmentBusiness PlanningBusiness StrategyEMT ReportsInsuranceMG-ALFAMicrosoft SQL ServerR (Programming Language)ReNova SoftwareReinsurance LogicRisk-based capital modelingSASSAS (Software)Statistical Data Analysis

About

A highly ambitious and analytical Actuarial professional with 2+ years of experience in model validation and reconciliation of ALFA models for US life and annuity business. Cleared CS1 Actuarial Statistics and CB1, CB2, CB3 Exam from IAI.

Experience

3 yrs 11 mos

Total Experience

2 yrs

Average Tenure

1 yr 10 mos

Current Experience

Empower

Actuarial Modeling Analyst

Jul 2024 – Present · 1 yr 10 mos · Bengaluru, Karnataka, India · Remote

Principal global services

2 roles

Actuarial Analyst

Jun 2023 – Jul 2024 · 1 yr 1 mo · Pune, Maharashtra, India

i) I worked on Risk-based capital(RBC) modeling for life insurance business in two
stages.
a. To Validate whether Risk factors, inputs, and ALFA logic for the C1 component
of assets are in line with NAIC RBC Regulations.
b. Validate ALFA results against
reported results after making necessary changes to Asset inputs and ALFA database.
ii) Worked on the Assumption Change Governance process, I prepared a couple of
VBA tools that make the process smooth and handy for assumption providers as
well as modelers and reviewers.

Risk-based capital modelingALFA validationVBA toolsActuarial ScienceModel Validation

Trainee Actuarial Analyst

May 2022 – May 2023 · 1 yr · Pune, Maharashtra, India

i) I worked on UL Model Input Validation of Pfiles against respective source files
for various LOBs with the help of SAS and VBA Tools during the process. Also, I
successfully presented the final results to the Home Office(HO) counterparts.
ii) I worked on the EMT Reports project for all 8 BU models single-handedly where
the main objective was to make reports consistent with all modeling teams and
successfully presented the suggestions and observations to the respective modeling
teams and updated approved suggestions to respected BU projects on Milliman
Integrate.

UL Model Input ValidationSASVBA ToolsEMT ReportsActuarial ScienceData Analysis

Hansa solutions pvt ltd

Trainee Product Analyst

Aug 2021 – Mar 2022 · 7 mos · India · On-site

I have professionally utilized the ReNova Software to handle treaty configuration and
setting up the logic of Reinsurance in the reinsurance administration business.

ReNova SoftwareReinsurance LogicProduct Analysis