Harvey Batra
About Harvey Batra
Harvey Batra is a Senior Manager in Financial Risk Management at Asurion, with extensive experience in financial reporting, risk management, and consulting.
Company
Harvey Batra currently works at Asurion, where he holds the position of Senior Manager - Financial Risk Management (Reserve Portfolio). His tenure began in 2016. Asurion is known for its technology protection services, offering comprehensive product insurance and extended service plans.
Title
Harvey Batra is the Senior Manager of Financial Risk Management (Reserve Portfolio) at Asurion. In this role, he leads the Excess of Loss (XOL) portfolio, and focuses on premium reserve pricing and modeling operations for national and international fixed-term reserves businesses.
Professional Background
Harvey Batra has an extensive professional background in financial risk management. Before joining Asurion, he worked at Ryland Homes (which became CalAtlantic Homes) as Manager of Financial Reporting & Risk from 2014 to 2016. He also served at The Truland Group Inc. as Financial Systems Manager from 2012 to 2014. His earlier roles include Client Engagement Manager at Q and E Consulting from 2008 to 2012, and Sr Associate - SAP Consulting at SAP from 2004 to 2008.
Education and Expertise
Harvey Batra holds a Master of Business Administration (MBA) in Finance from Cornell Johnson Graduate School of Management. He also achieved a Graduate Accounting Certificate in Accounting and Finance from Southern New Hampshire University, and a Bachelor of Engineering (B.E.) from the Illinois Institute of Technology. His academic credentials emphasize a strong foundation in both financial and engineering disciplines.
Significant Contributions
At Asurion, Harvey Batra designed and implemented a Dynamic Loss Reserving Algorithm (DLRA) that resulted in a $5 million reduction in reinsurance costs. Additionally, he improved the upfront margin by 12% through the development of a DLRA engine. His initiatives have had a significant impact on the company's financial performance.