Nirav Mamniya Email & Phone Number

Mumbai, Maharashtra, India

Actuarial work in Life and Health Business - Medical Reinsurance - Indian and HK markets- Part of MedRe team - support for automation of experience analysis irrespective of data format and shapes from various clients in Asia Market- COV analysis of Loss Ratios for internal monitoring purposes- Treaty Experience Analysis, IBNP factors calculations for Asia Markets- Data validations, model results reconciliation- Summary on Indian market study for health insurance sector- Testing and reviewing internal applications for Medical Portfolio Monitoring- Technical costing for QS and XOL treaties- Costing for solvency relief deals- Experience Studies for mortality, CI and indemnity treaties- ToT review for HospiCash BenefitsSkills Developed: SAS, R, Power BI

Mumbai, Maharashtra, India

- Lead development for a system for IRF contracts (an interest rate derivative) for insurance companies- Provided assistance in UAT for a system implementation for FRA contracts (an interest rate derivative) at an Insurance company- Upgraded and developed various aspects such as regulatory and other reports, accounting and exposure limits of the same application- Provided assistance in drafting report on validation of market risk measurement techniques for a primary dealer- Derivative valuations along with CVA DVA adjustments, interest rate and FX sensitivity analysis for clients- Hedge effectiveness testing and hedge accounting for IR, FX swap derivatives- System deployments for IRD for life insurer. Part of IRD implementation team for various clients.- IFRS 16 accounting for telecommunications company- Developed pre-assessment python and stats based tests- Took system walkthroughs/training sessions for IRDs for internal training purposes and clients- IRS, FCS, Options and COS derivative valuations- Developed model wireframe for VaR as per RBI guidelines for banks- Developed sample illustrations and model for various calculations, accounting, risk measures and reporting for IRF contractsSkill Developed: Automation, Python

Mumbai, Maharashtra, India

- Active part of the internal product development team to provide dynamic solutions through the development of products using Python programming.- Developed and upgraded framework for FRA contract lifecycle management using Python language using flask framework and SQL integration- Assisted in developing functions for risk measures such as PV01, VaR and Stress Testing for FRA contracts in the same application- Performed derivative valuation and hedge accounting for an energy company- Used Reuters Terminal to extract market data used for various purposes- IFRS16 accounting for a leading telecommunication company in Middle East

Mumbai Area, India

Research work for Coffee Table Book of IAI for 75th Anniversary of Indian Actuarial Profession. The work included scanning through documents and library resources of IAI, LIC, and IFoA, documentation of the information, fact-checking, helping the Editor with writing the chapters.

Actuarial Science

Passed/ Gained Exemptions for: Core Principles: CM1 - Actuarial Mathematics CM2 - Financial Economics CS1 - Actuarial Statistics CS2.

Student Member, Actuarial Science

Passed/ Gained Exemptions for: Core Principles: CM1 - Actuarial Mathematics CM2 - Financial Economics CS1 - Actuarial Statistics CS2.

Bachelor'S Degree, Actuarial Science