Prathmesh Shah

Prathmesh Shah

Statistical and probability expert

Followers of Prathmesh Shah10000 followers
location of Prathmesh ShahLondon Area, United Kingdom

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  • Timeline

  • About me

    Actuarial Associate at Gen Re | Proficient in Pricing, Reserving & Analytics | Part-Qualified Actuary | Experienced with SQL, R, Python, & PowerBI

  • Education

    • Institute of Actuaries of India

      2016 - 2023
      Actuarial Science
    • K. J. Somaiya College Of Science And Commerce

      2013 - 2015
    • Holy Cross High School

      2003 - 2013

      Maths Subject Topper

    • Institute and Faculty of Actuaries

      2016 - 2023
      Actuarial Science

      CM2- Financial Engineering and Loss ReservingCT5- General Insurance, Health and Life ContingenciesCT3- Probability & StatisticsCT1- Financial MathematicsCT2 - Finance & Financial ReportingCT7- Business EconomicsCT9 - Business Awareness

    • University of Mumbai

      2015 - 2018
      Bachelor of Science (B.Sc.) Statistics
    • Bayes Business School

      2023 - 2024
      MSc Actuarial Management
  • Experience

    • Chegg Inc.

      Oct 2018 - Jul 2021
      Statistical and probability expert

      Solving doubts of mathematics and statistics students online

    • Gen Re

      Nov 2018 - Sept 2023

      Developed robust data processes and implemented advanced analytics, facilitating comprehensive experience analysis and monitoring across various Asian insurance markets.Performed detailed analysis and experience assessments to derive best estimate rates and A/E analysis for new business and renewal quotations, supporting accurate and competitive pricing strategies.Monitored in-force portfolio performance, providing data-driven insights that facilitate informed decision-making and effective risk management.Played an instrumental role in developing a regional mortality table, from data manipulations to enhancing the accuracy of mortality rate table. Show less Priced individual mortality products, employing rigorous analysis to ensure accurate and competitive rates.Devised strategies for additional benefits like dread disease and accident riders, thereby broadening our product offerings.Leveraged advanced actuarial data analysis techniques to analyze and optimize treaty repricing, resulting in heightened profitability.Collaborated closely with medical underwriters, assimilating valuable insights into pricing decisions to create more nuanced and informed strategies.Engaged communication actively with the claims team to accurately assess claim liabilities, fostering cross-functional cooperation for more holistic risk management. Show less Performed a range of functions within the pricing team, including:Priced Group Term Life for Employer-Employee policies, ensuring competitive rates and comprehensive coverage.Expanded our market reach and increased insurance penetration through the strategic pricing of affinity policies, underpinned by thorough risk management due diligence.Launch of insurance products on three digital portals, understanding each portal’s target market, mitigating risks via risk management features, and pricing products effectively.Managed risk and maximized profitability by pricing Credit Life policies for multiple Master Policy Holders.Utilized data analytics to derive loss ratios, driving informed pricing strategies.Ensured seamless implementation and enhanced operational efficiency by conducting User Acceptance Testing (UAT) on new systems Show less

      • Actuarial Associate - Analytics, Asia

        Aug 2021 - Sept 2023
      • Actuarial Associate

        Nov 2020 - Jul 2021
      • Actuarial Professional

        Nov 2018 - Nov 2020
  • Licenses & Certifications

    • Intermediate SQL Server

      DataCamp
    • Introduction to R

      DataCamp
    • Introduction to Python

      DataCamp
    • Exploratory Data Analysis in SQL

      DataCamp
    • Microsoft SQL for beginners

      Udemy
      View certificate certificate
  • Honors & Awards

    • Awarded to Prathmesh Shah
      SQL Gold Badge from HackerRank - May 2020
  • Volunteer Experience

    • Student Volunteer

      Issued by Holy Cross High School
      Holy Cross High SchoolAssociated with Prathmesh Shah
    • Volunteer

      Issued by Indian Actuarial Network (IAN) UK on Feb 2024
      Indian Actuarial Network (IAN) UKAssociated with Prathmesh Shah
    • Mentoring

      Issued by HariPrabodham Swaminarayan Sanstha on Aug 2012
      HariPrabodham Swaminarayan SansthaAssociated with Prathmesh Shah