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Sonjai Kumar on Muck Rack

Sonjai Kumar

(Dr)
Gurgaon
As seen in: Asia Insurance Review, Middle East Insurance Review, StrategicRISK
Covers:  Risk management, Enterprise Risk Management, Insurance, Actuarial, Risk Culture, Risk Analysis, Chief Risk Officer, Corporate Governance, Insurance Risk Management, Research, Risk-Based Capital, ERM
Risk Management Professional
Back to Sonjai Kumar’s profile

Sonjai Kumar’s Biography

I am a risk management researcher, author, and practitioner with over 30 years of experience in the Indian insurance industry, specialising in enterprise risk management, actuarial science, financial risk management, and corporate governance.

My academic work focuses on understanding how Enterprise Risk Management (ERM) practices influence firm performance, particularly within the insurance sector. My PhD research is entitled:

“Enterprise Risk Management Practices and Impact of ERM Determinants on Firms’ Performance: A Study on the Insurance Industry in India” was awarded the 3rd Prize in the 2025 EDAMBA PhD Thesis Competition.

European Doctoral Programmes Association in Management and Business Administration (EDAMBA), based in Brussels, represents doctoral programmes from over 30 member countries. The thesis competition involves a rigorous two-stage international review process, making this recognition all the more meaningful.

Research & Academic Contributions

My research focuses on risk governance, ERM implementation, and risk culture in financial institutions.

• Over 100 research papers and professional articles published in national and international journals and magazines

• Three ABDC journal publications from my doctoral research

• Nearly 100 scholarly citations

• Serve as a PhD external examiner in risk management research

Books Authored

I have authored three books on risk management:

• Risk Management in the Current Scenario

• Risk Management for Academicians and Practitioners

• Risks within the Insurance Sector in India: Navigating Challenges, Building Resilience and Ensuring Trust

Professional Experience

I bring three decades of industry experience across the Indian insurance sector, particularly in:

• Actuarial pricing and product profitability

• Financial risk management

• Enterprise risk management frameworks

• Operational risk and governance structures

• Establishing financial risk management functions in insurance organisations

Professional Qualifications

• Certified Fellow – Institute of Risk Management (CFIRM), London

• Postgraduate Diploma in Actuarial Management – City University, London

• Part-qualified actuary

• Master’s Degree in Mathematics – University of Delhi

• Senior Management Program – IIM Calcutta

Watch my YouTube Channel: https://www.youtube.com/@RiskwithDrSonjaiKumar