Chitra is the Practice Leader and the lead Actuary for
the Retirement Practice of Aon Hewitt's India business in Mumbai. She has
been with Aon Hewitt for the last 16 months. She has worked in the area of
Pension & employee benefits, life reinsurance business costing,
pricing, basis for terms of trade and experience analysis, Valuation of
Liabilities under UK regulations, Embedded Value calculations, analysis of
surplus, Economic Capital and Life underwriting.
Chitra is currently responsible for providing funding and accounting
results under AS 15 R (Local Indian GAAP), IAS 19 revised (IFRS) and ASC
715-30 (US GAAP) for India, Sri Lanka, Pakistan, Bangladesh, Turkey,
Philippines and Middle East Plans for long service benefits provided by
multinational corporations and organizations. The long service benefits
include pensions, after service medical benefits, termination benefits,
and other benefits payable upon separation. In addition to providing
financial results, Chitra has worked on multiple benefits projects which
included developing a benefits philosophy, benefits design and reviewing
benefits for multinational companies in India. She also works on Due
Diligence and Trust Governance projects governing the private trusts. She
is also responsible for conducting retirement benefit studies and produce
appropriate reports on these studies.
Chitra has earned a B Sc. degree in statistics at the University of
Madras. She is a Fellow of the Institute and Faculty of Actuaries, UK,
Fellow of the Institute of Actuaries of India and Fellow of the Insurance
Institute of India. She is also a member of the Advisory Group on Pension,
Employee Benefits and Social Security Schemes of the Institute of
Actuaries of India.
Some of Chitra's current clients related to India work include Cisco,
HP, Goldman Sachs, Siemens, Sapient, Bosch, Dell etc. |