Ankolekar & Co.

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Pensions Insurance Employee benefits People Publications

Actuarial consulting · Mumbai

Clarity in complexity, for every actuarial decision.

Ankolekar & Co. is an actuary firm based in Mumbai, providing consulting and advisory services across employee benefits, insurance, investments and risk management.

Explore our work

Actuarial consulting team reviewing reports

Latest thinking

Research and guidance from our practice.

Update · Nov 2025

Social Security Code 2020 — impact on EB liabilities

What changed, and what it means for scheme valuations.

Guidance

ESOP and share-based compensation valuation

Approach and standards for current-period valuations.

Guidance

IFRS and financial reporting for insurers

Considerations across general and life insurance reporting.

Our people

Meet the consulting team.

Mayur Ankolekar

Principal · FIAI, FIA (UK)

Shruti Shetty

Consultant

Kathan Jain

Consultant

Jigisha Kulkarni

Consultant

Publications

The full index of technical papers and guidance.

Update

The Social Security Code 2020 — impact on employee benefit liabilities

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Guidance

Defined benefit funding — frequently asked questions

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Research

Evidence on Indian defined benefit plans — investment risk, fund mandates and funding levels

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Standard

Ind AS 19 on employee benefits — a practitioner's guide

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Standard

Ind AS 102 on share-based payments — measurement and recognition

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Guidance

ESOP and employee share-based compensation valuation

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Pension liability calculator

Estimate the pension liability of a single employee in the Indian context.

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Our approach

Invariably our bespoke solutions emerge from a perspective that considers the complete picture, based on a rigorous analysis of a business issue.

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Let's talk

51 Deccan Court, 259 SV Road, Bandra West, Mumbai 400 050. No phone or email is currently published — enquiries go through the contact form.

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