Nibin Shah

Associate Partner

India14 yrs 6 mos experience

Key Highlights

  • Expert in Actuarial Modelling and Valuation.
  • Led teams in complex life insurance modeling projects.
  • Proven track record in managing actuarial services.
Stackforce AI infers this person is a Fintech expert specializing in actuarial science and life insurance modeling.

Contact

Skills

Core Skills

Actuarial ScienceLife InsuranceActuarial ModellingValuation

Other Skills

ReportingAXIS ModelingManaged ServicesSupport RFPsPBR Life Model TestingFirst Principle Tool DevelopmentAnalysis of ResultsAXISProphetValuation modelsMS ExcelValuation of Life Insurance ProductsReservingCreating Valuation ModelsGGY Axis

About

Experienced Manager with a demonstrated history of working in Actuarial industry. Skilled in Actuarial Modelling, Valuation and Reporting. Experienced in Universal Life, Traditional Life, Annuties and LTC products.

Experience

14 yrs 6 mos
Total Experience
3 yrs 11 mos
Average Tenure
2 yrs 7 mos
Current Experience

Allianz services

Senior Manager

Oct 2023Present · 2 yrs 7 mos · India

  • Life Actuarial Lead with AZ Services
Actuarial ModellingValuationReportingActuarial ScienceLife Insurance

Ey

5 roles

Senior Manager

Promoted

Feb 2022Oct 2023 · 1 yr 8 mos

  • > Lead Life Modeling team. Hands on delivery Lead on various Modeling engagements.
  • > AXIS Modeling
  • > Managed Services
  • > Location Lead - Kerala
  • > Support RFPs
AXIS ModelingManaged ServicesSupport RFPsActuarial ModellingValuation

Manager

Mar 2021Jan 2022 · 10 mos

Manager

Promoted

Oct 2017Mar 2019 · 1 yr 5 mos

Consultant

Oct 2013Sep 2017 · 3 yrs 11 mos

  • >Experienced in buiding/testing actuarial models in AXIS, Prophet for various life insurance products like Universal Life (with and without secondary guarantees), Traditional products and Annuities.
  • >Experienced in migrating models from different legacy systems like Triton, Poly etc
  • >Experienced in creating valuation models in AXIS, Prophet and in MS Excel for NAIC Stat and US GAAP basis.
  • >Experience in handling whole valuation process, Managed Services, for smaller insurers and thus reports quarterly numbers
  • >Worked with an US Education Board to develop a valuation model for their business and do a quarterly valuation of their liabilities
AXISProphetValuation modelsMS ExcelActuarial Modelling

Actuarial Analyst

Aug 2011Oct 2013 · 2 yrs 2 mos

  • > Valuation of various Life Insurance Products like Traditional, Annuities, UL, WoP policies etc
  • > Reserving in different methodologies for Health Insurance Products
  • > Creating Life Insurance valuation models for Life Insurance products in Prophet
  • > Leading the communication between India and clients abroad
Valuation of Life Insurance ProductsReservingCreating Valuation ModelsValuation

Aig

Manager & Actuary

Mar 2019Feb 2021 · 1 yr 11 mos

  • > PBR Life Model Testing
  • > First Principle Tool Development
  • > Analysis of Results
PBR Life Model TestingFirst Principle Tool DevelopmentAnalysis of ResultsActuarial Modelling

Education

Institute of Actuaties of India

Indira Gandhi National Open University

MSc — Actuarial Science

Jan 2009Jan 2011

University of Calicut

BSc - Bachelor of Science — Mathematics

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