Subhash Khanna

MSC, FIA, FIAI

Principal and Consulting Actuary

Gurgaon, IN

Subhash Khanna is a principal and consulting actuary in our life insurance consulting practice in India and is based in New Delhi. He joined the firm in January 2015.

Download bio

Loading component...

Experience

Subhash has over 14 years of experience, serving clients across the globe. He has worked on several embedded / appraisal valuations, especially in the context of M&As and IPOs, in India and the Asia-Pacific region. He has been involved in delivering a wide range of projects, including large-scale implementation of US GAAP LDTI reporting for clients in India.

Subhash has also been involved with the following:

Supporting ICICI Prudential in its IPO – the first insurance IPO in India – and HDFC Life in its IPO
Conducting multiple reviews of market-consistent embedded values and analyses of movement in embedded values
Performing statutory reserving, solvency capital reporting, and business planning for clients in Europe, the US, and the Middle East
Designing and implementing FIS Prophet® models, including ALS and IFRS 17, for clients in Europe and Asia-Pacific
Pricing and new product development for clients in the Middle East

Prior to joining Milliman, Subhash was part of Swiss Re’s life and health actuarial team. At Swiss Re, Subhash worked on the following key projects:

Led the modeling initiatives at Swiss Re Zurich, overseeing the successful implementation of a unified global actuarial model
Played a central role in streamlining and automating financial reporting by contributing to the implementation of an enterprise-wide actuarial valuation system

He has also worked with SunGard, where he was part of the organization's Prophet team based in Hong Kong. He worked as an actuarial consultant and was involved in Prophet model developments and testing. He supported large-scale Prophet Enterprise implementations for clients in Asia. He was also responsible for training clients on Prophet and ALS.

Professional Designations

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

Education

B.Sc.(Hons) Statistics, University of Delhi, India
M.Sc. Applied Operational Research, University of Delhi, India

Loading component...

Publications

Read their latest work

Article

Managed actuarial services

04 September 2024 - by Subhash Khanna, Shamit Gupta, Anujeet Singh

Managed actuarial services offer insurance companies a practical, cost-effective solution for meeting reporting requirements.

Article

Lifetime of an actuarial model

03 May 2024 - by Rohit Malhotra, Subhash Khanna

The output from actuarial models is used for regulatory valuations, capital calculations, financial reporting, risk management and many other strategic purposes.

Article

Actuarial process automation and outsourcing

05 January 2024 - by Subhash Khanna, Shamit Gupta

We discuss how insurers can benefit from automation of the actuarial process, and how a combination of automation and outsourcing can help reduce costs.

Article

Outsourcing business-as-usual IFRS 17 results production

27 April 2023 - by Shamit Gupta, Subhash Khanna, Chong Wen Ang

We discuss some areas where IFRS 17 will likely require additional expertise to report financial statements for 2023.

Article

Overcoming the risks of actuarial outsourcing

15 July 2022 - by Subhash Khanna, Shamit Gupta

With changes to reporting standards and regulatory regimes – plus a challenging economy – insurers reconsider the outsourcing of core actuarial functions

Experience

Subhash has also been involved with the following:

Supporting ICICI Prudential in its IPO – the first insurance IPO in India – and HDFC Life in its IPO
Conducting multiple reviews of market-consistent embedded values and analyses of movement in embedded values
Performing statutory reserving, solvency capital reporting, and business planning for clients in Europe, the US, and the Middle East
Designing and implementing FIS Prophet® models, including ALS and IFRS 17, for clients in Europe and Asia-Pacific
Pricing and new product development for clients in the Middle East

Prior to joining Milliman, Subhash was part of Swiss Re’s life and health actuarial team. At Swiss Re, Subhash worked on the following key projects:

Led the modeling initiatives at Swiss Re Zurich, overseeing the successful implementation of a unified global actuarial model
Played a central role in streamlining and automating financial reporting by contributing to the implementation of an enterprise-wide actuarial valuation system

Subhash Khanna

Loading component...

Experience

Loading component...

Read their latest work

Managed actuarial services

Lifetime of an actuarial model

Actuarial process automation and outsourcing

Outsourcing business-as-usual IFRS 17 results production

Overcoming the risks of actuarial outsourcing

CHOOSE A LOCATION AND LANGUAGE

Subhash Khanna

Experience

CHOOSE A LOCATION AND LANGUAGE