Ashwin Shrivastava FIA, FCIA, FSA, MBA

Senior Associate @ Mercer

About

Ashwin works for Mercer Investments LLC as a Senior Associate in the OCIO business in New York City. He is responsible for business development/RFP for new clients, Overlay Manager data verification, quarterly reports for clients including updates to cashflows and true-ups, advising clients on asset allocation based on hedge ratio and plan demographics. He used to work for Mercer Canada, Marsh McLennan, in the Wealth division. His role was of liability valuations for defined benefit pension plans and ALM analysis on the asset side of the pension plans. He is a Fellow of the Institute of Actuaries, UK having done the Investment Track. He is also a Fellow of Canadian Institute of Actuaries and a Fellow of the Society of Actuaries. He has completed his MBA with a specialization in Finance - Investment Management from the Schulich School of Business. He is the recipient of Dean's International Scholarship. He also has a Graduate Diploma in Financial Engineering from the Schulich School of Business. His undergraduate degree is Bachelor of Technology (Engineering) from Jaypee Institute of Information Technology in India. His previous experience includes working as a Senior Actuarial Analyst at Mercer's offshore office in India, valuing funding and accounting liabilities for pension plans for clients in the US. Performed accounting expense and disclosure calculations. Liability estimations of post-retirement medical plans using claims costs and trends. He successfully passed CFA Level 1 Examination in June 2015 and was the recipient of the Access Scholarship. He passed CFA Level 2 in June 2019. All views on any of my social media are my own and do not represent that of Mercer or Marsh McLennan.

Country

United States

City

New York

Industry

Financial Services

Skill

Wealth Management, Investment Strategies, Data Analysis, Microsoft Office, Actuarial Science, Finance, Risk Management, Investments, Retirement Services, Pension Funds, Defined Benefit, Investment Management, Asset Management, C++, Microsoft Excel, Pensions, Insurance, Valuation, Management, Analysis

Experience

Senior Associate

Mercer

2023-2 - Present · 3 yrs 8 mos

New York, New York, United States

Ashwin Shrivastava is a Senior Associate working as a Senior Investment Strategy Analyst – Investment Actuary based in New York, working primarily on defined benefit pension plans for the Mercer OCIO business. Ashwin specializes in pension risk management, helping clients measure, mitigate, and monitor pension risk exposure. In his role, he is responsible for daily funded status monitoring of pension plans, monthly interest rate hedge ratio monitoring, MDDS quarterly reporting, solution design, strategy review and GIPS support. He will assist with integrating Vanguard tools to the Mercer platform as well as enhance and improve existing Mercer processes and tools.

Associate

Mercer Canada

2019-4 - 2023-1 · 3 yrs 10 mos

Toronto, Canada Area

Senior DB Actuarial Analyst

Mercer Canada

2016-9 - 2019-3 · 2 yrs 7 mos

Toronto, Canada Area

Working in the consulting office of Mercer Canada in the Wealth division. Advising clients on funding contributions for their defined benefit pension funds. Calculating probable pension costs for the company's balance sheet and expense statement. Assisting investment managers of pension funds in asset allocation of the pension funds.

Summer Intern

Sun Life

2016-5 - 2016-8 · 4 mos

Toronto, Canada Area

Working in the Model Validation Unit on Canadian Asset Liability Method for life policies in the UK. Using GGY Axis to perform model validation. - Project 1 (May - June) Morbidity Model Validation in Excel - Project 2 (July - August)

Senior Actuarial Analyst

Mercer IMEA

2013-1 - 2014-7 · 1 yr 7 mos

Gurgaon, India

Played an integral role in training new analysts on actuarial concepts such as Gain and Loss, operation of pension tools such as Retirement Studio and Global Retirement System. Effectively worked on Post Retiree Medical Plan liability estimations using the claim cost estimates & trends in medical claims using the Retiree Medical Software. Successfully worked on disclosure, expense calculations and generating accounting reports of the post retiree medical plans in compliance with US GAAP and IAS using Mercer Globe. Advising clients on funding contributions for their defined benefit pension funds. Calculating probable pension costs for the company's balance sheet and expense statement. Assisting investment managers of pension funds in asset allocation of the pension funds.

Actuarial Analyst

Mercer IMEA

2012-1 - 2013-1 · 1 yr 1 mo

Gurgaon, India

Efficaciously analyzed the data and valued the liabilities of DB pension plans for the clients Funded status calculations based on the assets and the market assumptions approved by the clients Worked on the impact of various actuarial assumption changes on the liability and sensitivity analysis Created valuation and ensured compliance with US Pension guidelines Filled US government forms using the Relius software Streamlined disclosure and expense calculations using the software Mercer Globe for the auditors Effectively generated accounting reports for the companies in compliance with IAS and US GAAP Resolving cross-cultural misunderstandings while working with teams in the US and Canada.

Design Engineer

SidKar Technologies Inc

2010-6 - 2011-12 · 1 yr 7 mos

New Delhi Area, India

Volunteer unpaid work on patented (U.S. Patent Number 7,863,028) biochemical hydrogen extraction process for use in alternative fuel and energy sources. Effectively applied biochemical knowledge to research, create and improve efficiency of extraction from select feedstock using enzymatic processes. Met with investors and shared our vision for funding.