Life Insurance Corporation of India has approved the appointment of Shri Ajay Kumar Shrivastava as Appointed Actuary (Key Managerial Personnel) of the Corporation, with effect from June 01, 2025 or the date of approval of his appointment by Insurance Regulatory and Development Authority of India (IRDAI), whichever is later. Sri Ajay Kumar Srivastava joined Life Insurance Corporation of India in the year 1990. He is a Graduate in Science with Physics (Honours) and holds a Masters degree in Business Administration (MBA) with specialization in Marketing.
He is a Fellow of Institute of Actuaries, India, Fellow of Institute of Actuaries, UK and also a Fellow of Insurance Institute of India. In his career spanning over three decades, he has diversified exposure and rich experience in areas such as Actuarial Valuation, Pricing, Reinsurance, Personnel & Industrial Relations, and Marketing across various offices of the Corporation. He has extensive exposure as Product Actuary and the Valuation Actuary of the Corporation.
He has to his credit many workshops and seminars in India and abroad and has also authored a couple of books "Foundation of Actuarial Science" and "Mathematical Basis of Life Assurance" for Insurance Institute of India.
