Advisory Group on Life Insurance no text

Leadership

Mr. Prithesh Kumar Chaubey

Chairperson

Ms. Sunayana Mahansaria

Secretary

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Members

1. Mr. Anshul Garg

2. Mr. Keyur Parekh

3. Ms. Nancy Gupta

4. Ms. Riddhi Shah

5. Mr. Ranabir Ghosh

6. Mr. Souvik Jash

7. Mr. Vivek Jalan

8. Mr. Varun Gupta

Executive Assistant:

1. Mr. Paresh Shetty, Asst. Manager

Functions

1. Issues in respect of life insurance that are referred to it or the Group considers appropriate to address and advise/ recommend to the Institute for appropriate action.
2. Putting in place and reviewing Actuarial Practice standards (Guidance Notes) that are required for members of the institute who work in life insurance including but not limited to the Appointed Actuaries.
3. Work on emerging business and industry issues affecting life insurance industry in India including Technical and academic developments relating to life insurance in actuarial or other relevant fields, at local or international level.
4. Work with other AGs and Cross Functional Working group of Climate, IFRS 17, AI, Actuarial job placements to identify related emerging issues and create capacity building, conduct seminars etc.
5. Conduct two Big Impact Research Projects that impact the lives of the people and government
6. Review of APS/ GNs from time to time
7. Work with Education Committee/ Education Task Force to review/ produce/ recommend syllabus for subject SA2 - Life Insurance
8. Design and carry out Continuing Professional Development Programmes including seminars and workshops for enhancement of skills of members working in life insurance area
9. Other functions that may be assigned to this advisory group from time to time.

The Work plan and Timelines will be:

1. This Advisory Group will have at least eight meetings in an year with atleast two meetings in collaboration with Cross Functional Working group of Climate, IFRS 17, AI, Actuarial job placements either through conference call or face to face.
2. This Advisory Group will report to the Professionalism committee and/ or to the President.

Updated on 21^st May, 2025.