“One of the secrets of life is to make stepping stones out of stumbling blocks”- Jack Penn. Abhay Lath had no dearth of stumbling blocks- However, with focus and determination, he ensured that he turned them into stepping stones.
Coming from a family of five, Abhay’s father, an accountant at a private firm in Purulia, was struggling to finance the education of his three children. But he made a commitment early on in his life to instill in them a love of education. After qualifying with excellent results in the 12th board examination, Abhay did not hesitate to take a year off for fulfilling his duties to support his family. Thereafter, he secured 94% when he re-appeared for his 12th examination; thus, ensuring an admission into the prestigious St. Xavier’s college for B. Com Honors (2016-2019).
A multitasker, Abhay simultaneously commenced preparation for Actuaries in 2016. Needless to say, his financial requirement for college, actuaries, and hostel expenses, was no petty sum. He overcame this difficulty by receiving full scholarship from the Institute of Actuaries of India; and from Harsh and Payal Hada Foundation towards his college fees. The deserving candidate made good use of his scholarships and became a qualified Actuary along with receiving a Bachelors of Commerce certificate in 2019.
We are proud that Abhay’s hard work bore fruit, when he was offered a job at Swiss Re, Bangalore as a Corporate Actuarial Analyst in 2019. After that he got an opportunity as a Team Lead (Actuaries) with Met Life.
Currently (August ’25), he is working as a Manager at Bajaj Allianz Life Insurance, Pune, one of the leading organizations of India offering life and terms insurances. He is also among our HPF’s scholars’ who is supporting and contributing back to the cause of education! We wish him all the best for a bright future.
In his words – “This is Abhay Lath, a recipient of Harsh and Payal Hada Foundation Scholarship (2016-19). I am pleased to inform you that I have been selected to work at Swiss re, Bangalore as a Corporate Actuarial Analyst. Ma’am, this is a start into the next phase of my career. A career, I could only dream of, a few years ago.”