User:Sonjai Kumar 999

Mr. Sonjai Kumar is a passionate risk management professional, Certified Member of Institute of Risk Management, London. His passion for the risk management keeps him busy in creating awareness and knowledge for readers on the development of risk management subject at a global level. His intent is to create a strong risk community to serve the Corporate and the Government on risk reduction as a proactive approach rather than a reactive approach leading to the crisis management.

He has written several articles in different magazines, spoken at different conferences in India and abroad and has written many research papers. All this work comes out of his hobby apart from his regular day work in the insurance sector for the last 24 years.

He has been working in the Indian life insurance sector for the last 25 years. He started his career in the insurance sector when the sector was not open. He joined the LIC of India in the same year when the “Malhotra Committee” report on the opening of Insurance sector was presented to the Central Government in the year 1993.

He has spent almost 19 years working the actuarial areas such as pricing, valuation, experience analysis, risk management etc. He has worked for over half a dozen insurance companies in India and in the actuarial consulting firm. He is a part qualified actuary from Institute of Actuaries in India and has specialization in Life Insurance. He has done Post Graduate Diploma in Actuarial Management, from City University, London.

Over the last six years, he is a dedicated risk management professional working in a life insurance company. He is a Fellow member of Risk Management Association of India, besides Joint Secretary He is a Specialist Member of the Institute of Risk Management (SIRM), London, in the area of Financial Risk Management. He has a Professional Membership of Institute of Operational Risk (PIOR), UK, he is also Certified member (CRICP) from Association of Internal Control Practitioners (AICP), UK He pursued one executive Senior Management Program from IIM Calcutta to understand management side of the world.

Academically, he is MA in Mathematics. During 2017, he was awarded as “Risk Officer of the Year award” by the Legal Era Magazine.