Commenting on the new appointments, Zamara Group CEO, Sundeep Raichura said, “Being a critical function for achieving a sustainable and profitable growth within our business, we are delighted to have both Jay and Nikhil as part of our Actuarial team.”
Jay is a Fellow of the Institute and Faculty of Actuaries and a CPA (K). Jay joins from Britam Holdings Plc, where he has been overseeing actuarial matters for Britam’s general insurance subsidiaries across seven countries in Eastern and Southern Africa. Jay has domain experience in health and general insurance but has had prior exposure to life insurance and pensions. Jay brings with him actuarial functional experience in reserving, pricing, product design, reinsurance, solvency, and capital management as well as corporate experience in product and process innovation, strategy development and monitoring, risk management, and benefits/incentives design.