Ankit Bansal

Experience

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  James Ann Coaching College, Parramatta

  Feb 2003 - Nov 2007

  Tutor

  • Teach maths according to curriculum to 5-10 students in a class, ranging from year 7 to 10. Prepare lesson material and sequencing for year 11 and 12.• Administer, prepare and mark test items.• Prepare individual reports each term on students’ achievements, examination results and key development areas.Key Achievement – Gained confidence in communicating key and complex ideas, as well as in my preparation and management skills.

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  Employers Mutual Limited

  Jul 2006 - Dec 2006

  Business Analyst

  Creation and implementation of various reports based on statistical analysis of large data sets in Microsoft Access to help improve business operations performance and meet industry KPIs for EML, NSW’s best performing workers compensation agent.

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  KPMG Actuarial

  Feb 2007 - Dec 2010

  Analyst

  • Actuarial advisory roles for a range of private health insurers and general insurers on valuing outstanding claims and premium liabilities using complex analytics to identify and quality trends and patterns, and using the results from these trend analysis to construct projections.• Perform regular data manipulation, analysis and forecasting for a large workers compensation self-insurer under the Commonwealth Comcare scheme that involves the use of both SAS and Excel models.• Assisting with actuarial audits/EPR for some of Australia’s leading insurers across different classes. This involved re-projections, analysis of large claims, data reconciliations, analysis of the implications of various state-based legislative reforms, report writing, examining loss ratios, projected ultimate costs and retrospective rating; and discussion with claims managers and underwriters and other actuaries regarding trends and risks. Show less

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  Suncorp Group

  Dec 2010 - May 2015

  Subject Matter Expert from the business on a large IT project transforming the complete underwriting process, system and linkage to front end interface for the commercial insurance business.o Interacted with several different IT teams all over the world (front end, systems, claims, distribution)o Designed and signed off pricing engine suitability o Breaking down complex pricing algorithms into schematic representations for easy translation, pseudo code checking, output checking Managing team of 5 (2 Sydney, 1 Melbourne, 2 India) and ensuring portfolio performance and adhoc portfolio queries addressed accurately and timely. Show less Responsible for driving and managing the performance and P&L of the business and developing the technical rates. Role includes technical pricing on small policies and large accounts, driving sales performance, providing commentary on financial performance and managing budget forecasting.Subject Matter Expert from the business on a large IT project transforming the complete underwriting process, system and linkage to front end interface for the workers compensation insurance business.Provided underwriting guidance on large accounts and commercial arrangements with brokers. Show less

  • Commercial portfolio pricing and analytics leader

    Oct 2014 - May 2015

  • Actuarial Advisor

    Dec 2010 - Oct 2014
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  IAG

  May 2015 - Oct 2022

  Coordinating business plan, strategic outlook and initiatives, resourcing requirements and financial performance (both expenses and performance)• Interact with stakeholders in different functions to execute business plan within cost and risk framework; while ensuring customer SLAs are met• Plan and execute business continuity plan across several buildings across Australia, Philippines and India.• Run weekly team meetings and monthly planning days to ensure team understands the business plan and objectives and is engaged with the broader areas within IAG. Show less Enterprise Value requires complete company financial projections to be created and financial value created.o Understand value drivers and assist strategy make informed decisions.o Provide independent advice on internal and external deals.o Develop and implement customer, brand and product strategy.Accountable for actuarial valuation of coles insurance businesso Co-ordinate interactions with BI, finance and business.o Provide analysts directions on tasks and review resultso Translate actuarial insights and language into easy to understand and actionable insights. Show less

  • Compliance Manager

    Jul 2021 - Oct 2022

  • Business Planning Manager - Motor Claims

    Feb 2019 - Jul 2021

  • Reserving and Enterprise Value Manager

    May 2015 - Feb 2019
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  Australian Prudential Regulation Authority

  Oct 2022 - now

  Actuarial Advisor