Price Forbes Re has appointed Sanjay Shah (pictured above) as vice president, business development actuary, as the firm continues to expand its life, pensions and annuities (LPA) offering.
He will be based in London and report to Isaac Sanday, global head of life, pensions & annuities.
In the new role, Shah will support the development of Price Forbes Re’s LPA line and help refine the unit’s reinsurance proposition. His responsibilities will include shaping the LPA reinsurance strategy, advising on optimal structuring for clients and supporting execution and post-deal maintenance.
Shah, a qualified actuary, brings more than 15 years of post-qualification experience in commercial roles across the reinsurance sector. He most recently served as pricing manager at Resolution Life.
He has also held roles at SCOR, Swiss Re and Prudential, gaining experience in pricing, deal management and execution, as well as post-deal management and reporting. Outside his core reinsurance activities, Shah sits on the boards of two technology firms as a non-executive director and has served as an independent adviser to several start-up businesses over the past six years.
Read more: Price Forbes Re names Tim Barber CEO, London
“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 caliber and credible team members like Sanjay,” Sanday said.
“Joining Isaac on this mission to grow LPA at Price Forbes Re was a very appealing prospect, given its entrepreneurial and forward-thinking environment,” Shah said, adding that “the opportunity to be part of that and work with and learn from people like Isaac made the decision to join a simple one.”
The LPA build-out is taking place alongside broader changes in the firm’s London platform, including the appointment of Tim Barber as CEO, London, with responsibility for the company’s London reinsurance operations and its contribution to the global reinsurance business.
Barber’s role in integrating and developing the London hub provides the leadership framework into which the expanding LPA and structured reinsurance capabilities are being added.
“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,” Barber said.
