Arth Shah

Experience

• 

  Sunpride Enterprises

  Mar 2012 - Aug 2013

  Sales Assistant

  - Prepared Sales Invoices, deposited cheques - Managed workers and delegated tasks to them- Worked as a front office cashier

• 

  GA Insurance Limited

  Aug 2013 - Sept 2013

  Finance Intern

  - Entrusted with depositing Premium Receipts and cheques to banks, and reported any issues to the manager.- In charge of writing cheques to creditors and handing it to them.- Prepared the cash position on a daily basis and flagged any concerns to managers.- Instructed banks for fixed deposit placement and learnt how things work in the financial world.

• 

  City Insurance and Risk Management Society

  Sept 2014 - Jun 2015

  Secretary

  -Responsible to arrange meetings with the committee members-Noted down minutes of the meeting and email it to everyone in the committee-Email all members of the society about new events and potential ideas for events

• 

  City, University of London

  Sept 2014 - Jun 2015

  President

  -Led a society with over 100 members to create awareness about Hinduism around the university by organizing various events that celebrate Hindu festivals, inspire students to become better leaders and humans, helping the society in the best possible way by carrying out charity events, raise awareness of diseases and help clean the environment.

• 

  GA Insurance Limited

  Jul 2015 - Aug 2015

  Reinsurance and Technical Division Intern

  -Sorted reinsurance premiums for 1st surplus participants and facultative premiums, to calculate net premiums. -Underwrote and renewed Marine and Customs Bond policies. Carried out administrative tasks for the underwriting team and department to help achieve departmental targets on time.

• 

  Zamara Kenya

  Oct 2016 - now

  I lead, oversee and am accountable for all Research & Development operational decisions and success at Zamara. This includes digital transformation, product development, learning and collaboration as well as support overall digital business operations. I play a key role in shaping the company’s digital direction to enable the capture and creation of value in a digital economy. I, together with the team, develop appropriate specific research which is targeted to the needs of the business. We also develop and pilot innovative products, services and technologies.I am responsible for:- The full data analytic research function at Zamara for all divisions and lines of business. - Analysing then identifying new product/services and market opportunities for future Zamara growth- Developing a project portfolio with brief project/business plans- Designing and being fully involved in the development and implementation of agreed upon research and business development projects- Maintaining a log of all Zamara Kenya advice, service and product projectsMy role involves solving complex business problems, analysing information and select best solution from a range of alternative solutions.I have to effectively work with teams and product owners, effectively work on and manage projects and have a working knowledge of core functions of the business. Show less I am responsible for research, planning, and implementing new programs and protocols into Zamara and overseeing the development of new products. In more detail, the areas of responsibility include:• Carrying out full data analytics research function at Zamara for all divisions and lines of business • Responsible for analysing then identifying new product/services and market opportunities for future Zamara growth• Develop a project portfolio with brief project/business plans• Design and be fully involved in the development and implementation of agreed upon research and business development projects• Identifying potential process improvements and other inefficiencies and escalating these to senior resources. Show less The areas of responsibility include:• Carrying out data checks/analysis for actuarial valuations of defined benefit schemes and financial reviews of defined contribution schemes.• Preparing actuarial valuation and other actuarial reports.• Preparing benefit calculations for members of pension schemes for checking by Senior Analyst and ensuring deadlines are adhered to.• Ensuring work is done in line with the quality control procedures.• Communicating with clients to request for information or seek clarification regarding data received.• Accompanying senior team members to meetings.• Learning and understanding the processes/procedures & systems used for individual calculations and valuations.• Developing technical knowledge through formal on-the-job training.• Identifying potential process improvements and other inefficiencies and escalating these to senior resources.• Taking on R&D initiatives under guidance of Senior Analyst.• Assisting the team to contribute to the actuarial profession in Kenya.A few notable achievements: - Automated a few actuarial processes which reduced the working time for an actuarial analyst and reduced the number of errors to the work carried out.- Built tools to improve the technical processes of the administration and actuarial departments e.g DB Admin Tool, Financial Review Tool, Pensions Calculator, Replacement Ratio template, Replacement Ratio projection statements, Zamara Actuarial Add-in and Excel Functions- Presented in various retirement conferences in Kenya amongst experts of the industry- Written and published many Retirement related articles in the Business Daily Newspapers- Involved in Special and Innovation Projects as a project manager. Show less

  • Head of Marketing, Communications, Research and Analytics

    Apr 2023 - now

  • Manager - Research and Development

    Apr 2022 - Mar 2023

  • Lead, Research and Development

    Nov 2019 - Mar 2022

  • Actuarial Analyst

    Oct 2016 - Nov 2019