Our Core Values

Global Outlook

Our actuaries have worked in several international locations and are not restricted by traditional limitations of location, gender, race, etc.

Professional

We work at highest levels of professionalism and work ethics. We strictly follow all the guidelines and standards expected from an actuary.

Relationships

Our clients are a part of our extended team, rather than a separate entity. Our team is like an extended family to us rather than just a “resource”.

Authentic

Nobody is perfect and neither do we pretend to be. We are always as honest and transparent as we can be.

Simple

We try to keep things as simple as possible and explain complex actuarial concepts with utmost simplicity.

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Quality

Quality is paramount for us and sets us apart, even after we have completed a project

Young

Our team only has young and dynamic professionals, always up for a good challenge.

Inspired

We love what we do and do what we love.

Innovative

We don’t just churn the handle. Instead, we strive to reinvent the wheel, wherever required.

Learning

We are always learning and upskilling ourselves to help serve you better.

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General Insurance Actuary →

Why Choose Us?

Always available

We provide extended support to our clients, beyond the usual office hours. Tight deadlines could imply working at odd hours and we are always here to help you through those tough times.

Cost savings

Our low-cost model is driven primarily by efficient processes and lower cost base. You can outsource your entire actuarial department to us and save anywhere between 40-70% of your ongoing costs. Call us to discuss further.

Efficiency + Tech = Speed

Quality and efficiency are at the core of all our work. Our processes are designed to be as efficient as possible to gain the maximum leverage possible out of the latest technology. The ability to generate gratuity reports in less than 2 minutes is a testament to that.
In another instance involving IFRS 17, our General Insurance Actuary were able to do the Financial Impact Analysis from scratch for >8 insurers in less than a month to meet the regulatory deadline.

Data Privacy and Protection

Our IT infrastructure is consistent with the best global practices. Data Privacy and Protection has been embedded in every process in our organization.
For instance, we do not email or download any data file on our systems ever. Instead, all the data is exchanged via Microsoft and/or AWS cloud services, with strict access control. 

Our Founder

Anirudh Bansal
Anirudh Bansal

An energetic and driven professional with 10+ years of experience as General Insurance Actuary. He has been involved as an expert in various projects including Reserving, Solvency II, IFRS 17, stochastic capital modelling, M&A + affinity deals and Statutory Reporting (incl EIOPA and FSA), among others.

He is also an experienced Employee Benefits Actuary and have been involved in actuarial valuation of Gratuity and ESOPS (including unicorn) in India and Saudi Arabia.

Prior to establishing InsurTech Actuary, he worked with Numerica (partnership), RSA (London HQ), KPMG and UBS Investment Bank. A graduate from SRCC, he is a qualified actuary with experience in 25+ countries.

He is a Fellow of Institute and Faculty of Actuaries (London) and also Institute of Actuaries of India. He also holds Practicing Certificate (COP) as “General Insurance Actuary” and “Employee Benefits Actuary” in India.

Apart from the above, he also works as the Actuarial Head for a few InsurTech startups, including an European startup.

From India, with

We live and work in Bangalore, also dubbed as the Silicon Valley of India. This also means that we are just a short flight away from major financial hubs in Asia

Our first success story....
.... right here in India

We help our clients grow. And this couldn’t be more true than in the case of our first success story. We helped a homegrown InsurTech startup based in India raise $30m in their Series B investor funding round by providing end-to-end actuarial support.

Insurtech actuary office locations

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