Actuarial consulting · Mumbai
We help clients meet the goals.
Ankolekar & Co. is an actuary firm based in Mumbai, providing consulting and advisory services across employee benefits, insurance, investments and risk management.
Explore our services
What we do
Our practice areas.
Pension & Employee Benefits
Employee benefit valuation, experience analysis, funding advice for employee benefit funds, share-based payments valuation and restructuring retirement benefits.
General Insurance
Premium setting, reserving, risk management and strategy advisory.
Life Insurance
Product pricing, reserving, distribution advice and profitability review.
Other services
Investment performance, enterprise valuation, asset liability management and capacity building.
Latest thinking
Recent publications from our practice.
November 2025
The Social Security Code, 2020 — update for employee benefit liabilities
Our current interpretation of the new definition of "Wages" under SSC 2020, effective November 21, 2025, and its impact on gratuity liabilities.
Download PDF →
September 2021
Defined benefit funding — frequently asked questions
The why, when and where of employee benefit plan funding in India, in an FAQ format.
Download PDF →
February 2021
The Social Security Code 2020 — presentation
Commonly raised queries by employers on remuneration, employee benefits and accounting implications under SSC 2020.
Download PDF →Our people
Meet the team.
Mayur Ankolekar
FIAI, FIA, FCA
Shruti Shetty
Lead Consultant
Kathan Jain
FIAI, FIA, CERA
Jigisha Kulkarni
Student actuary
Pension liability calculator
Estimate the pension liability of a single employee in the Indian context.
Open calculatorOur approach
Invariably our bespoke solutions emerge from a perspective that considers the complete picture, based on a rigorous analysis of a business issue.
Learn more