Ankush Ahuja Email & Phone Number

Toronto, On, Ca

India

Toronto, Ontario, Canada

• Conducted independent validation of insurance models, ensuring compliance with Model Risk Policy, standards, and guidelines. Performed testing on pricing, valuation, LICAT, and IFRS 17 models. Provided insights and recommendations to mitigate model risks.• Identified potential model design and usage risks and proposed constructive changes to mitigate these risks. Recommended strategies for risk mitigation based on the analysis of model design and usage.• Prepared and communicated model validation reports and plans to senior leadership and model owners. The reports detailed the validation scope, testing approach, test results, findings, and conclusions. Collaborated with cross-functional teams to ensure effective communication and implementation of validation results.

Gurugram, Haryana, India

• Preparation of calculation sheet and test scripts• Work closely with multi-site virtual teams (Business users, Vendor, Development, QA and Project Managers) to ensure timely delivery of tasks /projects• Configuration of insurance product into the system• Replicated the system transactions of unit fund, basis the client’s switch instructions to calculate the fund balance as on date using macros in excel

Bengaluru, Karnataka, India

• Pricing the group insurance products.• Independently working on Reporting work, which includes preparation of Reinsurance Costing, Profit and Loss statement and other reports.• Supporting the team in managing operational challenges.• Simplifying the reporting work and making it efficient.• Effectively communicating with other teams and reinsurers and resolving their queries.• Approving the mid-term endorsement in policies.• Working on individual and group RI liability reporting.• Worked on reinsurance provision report

Bengaluru, Karnataka

• Supporting the Group insurance team in pricing of Group insurance products.• Working on Reinsurance costing.

Gurgaon, India

• Performed transfer of policy admin system, including transfer of calculations from one system to another and providing specifications for a large number of calculations.• Built independent excel cash flow models for unit link products.

Business Analytics

Activities and Societies: Staff Member at Seneca Student Federation(SSF)

Bachelor Of Commerce, Business/Commerce, General