Sanjay Seebaran in a black suit, red shirt and red paisley tie, with a Trinidad and Tobago flag pin on his lapel.

Sanjay Seebaran.

Actuarial Science graduate. From mortality tables to micro-insurance premiums.

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01Profile

I’m an Actuarial Science graduate of The University of the West Indies, St. Augustine (B.Sc. Special, Upper Second Class Honours), with a Sagicor Life internship spent auditing policy data and maintaining client records. For my research I built illustrative life tables for Trinidad and Tobago from its most recent mortality data, then used them to design a micro-life insurance product for low-income households.

  • 8

    developing countries benchmarked for average micro-insurance death benefit

  • 2

    consecutive CAPE Most Outstanding awards in Mathematics, 2022 and 2023

  • Upper Second

    Class Honours, B.Sc. Actuarial Science

02Actuarial exams

P is passed. FM is next.

Society of Actuaries

  1. Exam P Probability

    Passed

  2. Exam FM Financial Mathematics

    Sitting

03Experience

Audited, updated, reported.

  1. Intern

    Sagicor Life

    –

    • Property insurance values audited against valuations, with records corrected to match.
    • Mortgage audit files revised to reflect changes identified during review.
    • Client mortgage, loan and property insurance files kept current in Microsoft Excel.
    • Clients briefed by email on mortgage discrepancies and updates.

  2. Freelance Statistical Analyst

    Independent

    Ongoing

    • Client reports setting out the statistical methods used and the conclusions drawn.
    • Mathematical conclusions drawn for clients using a range of statistical methods.
    • Client data entered and prepared for analysis in Microsoft Excel and R.
    • Further testing methodologies recommended for future work or expanded projects.

04Research

Cover for households at the poverty line.

Designing a Micro-Insurance Product for Trinidad and Tobago

The University of the West Indies, St. Augustine

Survival curve lx, radix 100,000
Illustrative

Gompertz law, μx = Bcx with B = 2.5×10−5, c = 1.105. Shape only, not Trinidad and Tobago mortality data.

Term insurance, expected present value

Ax:n‾∣1=∑k=0n−1vk+1 kpx qx+k\htmlClass{t-a}{A^{1}_{x:\overline{n}|}} = \sum_{k=0}^{n-1} \htmlClass{t-v}{v^{k+1}}\,\htmlClass{t-p}{{}_{k}p_x}\,\htmlClass{t-q}{q_{x+k}}
  • vk+1 discount factor, year k+1
  • kpx (x) survives k years
  • qx+k then dies that year

  1. 01

    Data

    Collated the most recent mortality tables for Trinidad and Tobago.

  2. 02

    Life tables

    Developed illustrative life tables from that data, programming the life contingencies formulae in Excel VBA.

  3. 03

    Products

    Adapted the tables to produce term insurance and term-life annuity data, then computed the average death benefit across eight developing countries with existing micro-insurance products.

    8 developing countries benchmarked

  4. 04

    Premiums

    Modelled premiums to benefit households at the poverty line.

    • Publication pending
    • Recommended for presentation to the Caribbean Actuarial Association, Suriname

    Recommended by Stokeley Smart, FSA, Coordinator of the Actuarial Science Programme, UWI St. Augustine.

05Education

Trained in the mathematics of risk.

B.Sc. Actuarial Science (Special)

Upper Second Class Honours

The University of the West Indies, St. Augustine

–

Relevant courses

  • Life Contingencies
  • Mathematics of Finance
  • Loss Models
  • Asset and Liability Management

06Skills

Tools of the trade.

Technical

  • R
  • Excel VBA
  • MATLAB
  • C++
  • Python basic
  • AXIS basic
  • Microsoft Office Excel, Word, PowerPoint, Outlook, Project

Professional

  • Attention to detail and data accuracy
  • Record maintenance and internal audit
  • Actuarial and statistical analysis
  • Report writing
  • Written client communication
  • Time management
  • Managing multiple tasks
  • Problem solving under high stress
  • Resolving tension within a group
  • Uplifting team members and finding compromises

07Awards

Most Outstanding, two years running.

ASJA Boys’ College, Charlieville

  • CAPE Pure and Applied Mathematics, Most Outstanding Award

    October 2023

  • CAPE Pure and Applied Mathematics, Most Outstanding Award

    October 2022

  • Most Outstanding Performance

    Three consecutive years

08Secondary education

CAPE and CSEC results

ASJA Boys’ College, Charlieville · 2016 – 2023 · Secondary School Diploma
CAPE 2021 – 2023
SubjectGrade
Pure Mathematics Units 1 & 2I, I
Applied Mathematics Units 1 & 2II, I
Chemistry Units 1 & 2III, II
Biology Unit 1III
Communication StudiesIII
Caribbean StudiesIV
CSEC 2016 – 2021
SubjectGrade
MathematicsI
Additional MathematicsI
English AI
ChemistryI
BiologyI
PhysicsII
Information TechnologyII
Social StudiesII

09Contact

Let’s talk.

Email Sanjay

Email
LinkedIn
LinkedIn profile
Location
Charlieville, Trinidad and Tobago
References
Available on request.
Sanjay Seebaran facing the camera, hands clasped, in a black suit and red shirt.