Price Forbes Re announces that Sanjay Shah has been appointed to the role of vice president, business development actuary. He will report to Isaac Sanday, global head of life, pensions & annuities (LPA). Shah will be based in London.
In his new role, Shah will play a vital role in the development of Price Forbes Re’s LPA line of business. His appointment continues the buildout started by the appointment of Sanday earlier this year. A qualified actuary, Shah will be tasked with developing Price Forbes Re’s LPA reinsurance strategy, advising on strategy and optimal reinsurance structuring, and supporting on execution and post deal maintenance.
Shah brings more than 15 years of post-qualified experience to the role. He has worked in commercial roles in various reinsurance businesses, most recently Resolution Life, where he held the role of pricing manager. He has also held roles at SCOR, Swiss Re and Prudential where he has gained experience in key areas such as pricing, deal management and execution, as well as post-deal management and reporting. He sits on the Board of two technology firms as a NED and has served as an independent advisor to several start-up businesses over the past six years.
Isaac Sanday said: “At Price Forbes Re we aim to demonstrate the incredible value that structured reinsurance solutions can provide to our clients, and we therefore focus on recruiting high calibre and credible team members like Sanjay. His extensive experience and understanding of the market are key as we build a high-performing team, and his appointment underlines our commitment to investing in this space and delivering the best experience and results for our clients.”
Sanjay Shah added: “Joining Isaac on this mission to grow LPA at Price Forbes Re was a very appealing prospect, given its entrepreneurial and forward-thinking environment. The business has a great track record of success and the opportunity to be part of that and work with and learn from people like Isaac made the decision to join a simple one.”
Tim Barber, CEO Price Forbes Re London said: “Sanjay’s arrival is a continuation of the Price Forbes Re blueprint: imbedding dedicated actuarial product expertise with bespoke advisory, delivering structured reinsurance solutions to achieve optimal client value. We continue to invest in upscaling the model, broadening our offering to best serve current and prospective clients, where this suite of specialist expertise is most impactful”