Madhuri Kumar

Executive Director, Actuarial & Client Relations at Ultimate Risk Solutions

Madhuri Kumar has worked in the insurance industry since 2010. Her first role was an Actuarial Analyst Intern at Generali in 2010. Following this, they worked as a Consultant for Asset Modelling and Capital at EMB Consultancy LLP in 2010. In 2012, they took on a role as an Independent Consultant for Technical Reserving and Economic Capital - Solvency II. In 2014, they were an Economic Capital Modelling at Economical Insurance. From 2017 to 2019, they worked at Intact as Personal Pricing - Property and Auto. During this time, they maintained the Personal Lines Rating algorithm for Ontario and completed Regulatory Ontario Auto Filings and Property profitability projects. Since 2019, they have been the Executive Director - Business Development & Client relations and Managing Director at Ultimate Risk Solutions, where they are responsible for client servicing for their network of clients in the western markets, as well as expanding relationships and building their brand through consistent innovation on their platforms.

Madhuri Kumar has a diverse educational background. Madhuri is currently enrolled in the Institute and Faculty of Actuaries for Investments and General Insurance. In 2021, they completed a Principles of Sustainable Finance course at Erasmus University Rotterdam. Madhuri also holds a French Wine Scholar certification from Wine Scholar Guild, which they obtained in 2019. Madhuri has a Master of Science (MS) in Finance and a WSET 3 certification from Wine & Spirit Education Trust, which they obtained in 2018. In addition, they have obtained three certifications in 2021: Sustainability and Climate Risk (SCR™) from Global Association of Risk Professionals (GARP), Managing Financial Risks from Climate Change from Climate Disclosure Standards Board, and Recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) from Climate Disclosure Standards Board.

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Timeline

  • Executive Director, Actuarial & Client Relations

    February, 2022 - present

  • Managing Director

    May, 2019

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