Employee Benefits

We provide timely service and certification for compliances

Products & Pricing

From Ideating to Pricing to Product Approval – we work with cross functional teams

Financial Reporting & Audit

We strive for Consistency and Reliability in the work we undertake

Risk & Capital Management

We share the best Practise & help our client achieve optimal results

Statutory Roles

We have experts who provide the best advise which help meet regulatory requirements

About Us

iActuary is an actuarial team that partners with leaders in insurance business to tackle their most important challenges. iActuary’s diverse team brings deep actuarial expertise and a range of perspectives to the ever-changing dynamics in the Insurance industry. We work in a uniquely collaborative model across our client organisation to deliver insights and results that help our clients thrive and grow.

Subha Neelakantan FIAI

Founder & CEO – iActuary Consulting & Services

Subha is an energetic fully qualified actuary with over 21 years of experience in the areas of Actuarial Pricing & Research, Product development, Re-insurance structuring, Actuarial Valuation, Experience Analysis and Client management in the insurance / reinsurance industry primarily in India.

She has built a variety of new products and services in the health and life domain by partnering with leading digital service providers.

Mala Ramkumar

Business Manager – iActuary Consulting & Services

Mala is a dynamic Business Manager with a 24-year track record in driving sales, optimizing processes, and enhancing customer satisfaction across diverse industries including Education, BPO, Technology, and Airlines.

With over 8 years of experience in a leading role in the Education and BPO sector, she has, in her working carrier, been an expert with Customer Success and Client relation.

Our Services

Employee Benefits

Choose a Reliable, Service Oriented and Trustworthy partner

Performing statutory valuations (AS15 actuarial valuation, IAS19, US GAAP and other International Accounting Standards) of your organization’s employee benefit schemes so that you stay in compliance with the regulatory standards and manage to plan for the future intelligently.

The main defined benefit plans that encompass our valuation services are:

Gratuity actuarial valuation

Defined Benefit Pension Plans valuation

Actuarial valuation of Leave Encashment

Long Service awards valuation

Provident Fund valuation

Post-Retirement Medical Benefit Schemes

Any other like Warranty Cost/Rewards points accumulation etc.

We provide an actuarial valuation of gratuity and other valuations so that you comply with the regulatory framework.

Insurance Consulting

Use a Knowledge driven, Experience and Client focussed partner

Pricing & Product Development

Product Ideation & Brainstorming

Product Design & Specifications

Pricing

Regulatory Filing

Financial Reporting & Audit

With our knowledge and experience we offer solutions to help clients meet their demands.

Reserving and Statutory Valuations

Calculation of statutory reserves

Analysis of surplus

Reserve adequacy testing and Capital modelling

Model creation, validation & Model testing

Audit of current models

Risk and Capital Management

We bring experts who specialise in providing business solutions and optimising strategies to create value for various stakeholders. We offer our services in the following areas