Aditi Saraff
London,United Kingdom
Summary
Fellow of the Institute and Faculty of Actuaries (FIA) specialising in general insurance, with diverse experience across capital modelling, IFRS 17, and GLM-based exploratory data analysis. Brings strong technical expertise alongside active professional networking and effective stakeholder liaison.
Overview
6
6
years of professional experience
Work history
Principal Analyst, Capital Modelling
Direct Line Group
London, United Kingdom
02.2024 - 01.2026
- End-to-end calibration of reserve risk and premium risk for large claims within the Internal Model, including data extraction, anomaly investigation, frequency and severity calibration, Igloo model runs, and capital impact assessment
- Delivered clear communication of calibration and capital impact results to senior stakeholders, validation teams, and capital management team, including preparation of comprehensive visualisations and presentations.
- Implemented Ogden rate adjustments following regulatory updates, assessing impact on capital requirements for large and PPO claims.
- Authored a consistency-check report comparing Technical Provisions under the Internal Model and Solvency II Balance Sheet, reducing turnaround time and enabling focus on analytical insights and management recommendations.
- Performed sensitivity and scenario testing, developing automated reporting solutions that streamlined result summarisation and improved clarity of risk communication.
- Contributed to a Major Model Change PRA application migrating the Internal Model from Igloo to Tyche, including governance meeting minutes, action tracking, and parallel model testing to ensure consistency of outputs.
- Authored process and methodology documentation improving transparency, validation efficiency, and cross-team handovers, followed by training team members to ensure effective knowledge transfer.
Capital Modelling Risk Analyst
AIG Europe Services Ltd
London
01.2022 - 12.2022
- Quarterly production to presentation of Internal Capital Impact Assessment for AIG Group - assessing changes in yields, reinsurance, investment, credit, underwriting, reserves development.
- Reserve Risk and Premium Risk Calibration and review for Talbot - AIG’s Lloyd’s syndicate - Marine, Property & Financial Lines
- Break Even Combined Ratio estimation for pricing, underwriting and portfolio management
- ORSA for Reserve Risk and Premium Risk - PYD and actual vs expected explanation
Actuarial System Analyst
Swiss Re Global Business Solutions India Pvt Ltd
Bengaluru
05.2020 - 11.2021
- IFRS 17 project for Swiss Re’s business, developing a model using Python/PySpark for impact assessment for end to end modelling.
- Quantitative Impact Assessment for Swiss Re, Australia, Canada and Korea branch for regulatory requirement for transition to IFRS 17
- Analysis of scenario and sensitivity testing to feed into policy decision making relating to IFRS 17
Actuarial Intern
Numerica Actuarial Consulting LLP
Bengaluru
03.2020 - 04.2020
- Assisting in valuation of Gratuity and Leave Encashment
Actuarial Intern
Acko General Insurance Company
Bengaluru
08.2019 - 02.2020
- Generalized Linear Modelling for Motor Insurance rate using R using market and Acko’s data
Education
Actuarial Science
Institute and Faculty of Actuaries (IFoA)
12.2016 - 12 2023
Chartered Accountancy - Intermediate
Institute of Chartered Accountants of India
03.2014 - 11 2016
Bachelor of Business Administration (Hons.) -
St. Xavier’s College, Kolkata
07.2014 - 6 2017
Skills
- PySpark/Python
- Excel
- PowerPoint
- SQL
- Power BI/ Tableau
- Palantir Foundry
Volunteer/Committee Member
- Elected Committee member of Indian Actuarial Network (Regional Party of IFoA with 400+ members)
- Speaker at University of Kent for student event
- Involved in liaising with sponsors for events
- Organising CPD and Social events in London. Co-ordinating with organisation like SIAS
Timeline
Principal Analyst, Capital Modelling
Direct Line Group
02.2024 - 01.2026
Capital Modelling Risk Analyst
AIG Europe Services Ltd
01.2022 - 12.2022
Actuarial System Analyst
Swiss Re Global Business Solutions India Pvt Ltd
05.2020 - 11.2021
Actuarial Intern
Numerica Actuarial Consulting LLP
03.2020 - 04.2020
Actuarial Intern
Acko General Insurance Company
08.2019 - 02.2020
Actuarial Science
Institute and Faculty of Actuaries (IFoA)
12.2016 - 12 2023
Bachelor of Business Administration (Hons.) -
St. Xavier’s College, Kolkata
07.2014 - 6 2017
Chartered Accountancy - Intermediate
Institute of Chartered Accountants of India
03.2014 - 11 2016