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Sanket Kawatkar, FIA, FIAI

Principal, Life Insurance Practice Leader (India)
Mumbai, IN

Tel: +91 22 67848410

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Professional Designations

  • Fellow of the Institute of Actuaries, UK
  • Fellow of the Institute of Actuaries of India

Education

  • First class in Accountancy from Mumbai University

Current Responsibility

Sanket is a principal and a head of Milliman’s life insurance consulting practice in India. He is based in the firm’s Mumbai office. Sanket has been a consultant for more than eight years and is well known in the industry. He joined the firm in 2010.

Experience

Prior to Milliman, Sanket worked at Watson Wyatt (now TowersWatson) for more than eight years and was responsible for the growth of its life insurance consulting practice in India.

Sanket also worked with the AIG group in Singapore and India for more than six years. His experience in AIG covered the roles of the actuary for the company’s life insurance venture in India in its initial years, as well as that of a member of the actuarial team in Singapore, involved in product development and pricing, statutory valuations and experience analysis.

Sanket has consulted with almost all the life insurance companies in India in different areas, including:

  • Embedded/appraisal valuations and reviews
  • Peer review of statutory valuations by Appointed Actuaries
  • Product development and pricing support
  • Strategy development/review/ benchmarking support
  • Capital efficiency reviews
  • Market reports/market entry/business planning/regulatory licensing support

Sanket worked on the Life Insurance Advisory Board of the actuarial profession in India. He is a regular speaker at various industry forums and topical subjects.

  • Work at Milliman

    • “I was offered a chance to come in, shake things up, create something."
    Work at Milliman