Hyderabad:
Parmod Kumar Arora assumed charge as member (Actuary) in the Insurance Regulatory and Development Authority of India on 4th January 2021.
The post of member, actuary, had fallen vacant after Poornima Gupte had completed her five-year tenure in Feb 20.
Prior to joining IRDAI, Arora was secretary (International Operations) in the Life Insurance Corporation .
Arora had joined LIC in 1986 and he has 35 years of experience of working in various departments in different capacities.
His experience includes eight years of work in LIC’s investment department, then 2 years as product actuary, four years as appointed Actuary and 2.5 years as signing actuary in LIC International Bahrain.
He is a Fellow Member of Institute of Actuaries of India.