Ruchi Selarka
About Ruchi Selarka
Ruchi Selarka serves as the Head of Change Cost Management at Legal & General in London, where she has worked since 2021. She is a Chartered Accountant with extensive experience in the insurance sector, focusing on strategic change cost management and regulatory reporting.
Work at Legal & General
Ruchi Selarka currently holds the position of Head of Change Cost Management at Legal & General, a role she has occupied since 2021. In this capacity, she focuses on strategic change cost-benefits management, specifically tailored to the insurance sector. Prior to her current role, she served as Head of Change Oversight for one year and as Senior Manager for three years. Her tenure at Legal & General reflects her extensive experience in financial management within the insurance industry.
Education and Expertise
Ruchi Selarka studied at The Institute of Chartered Accountants of India, where she completed her Chartered Accountant qualification from 1998 to 2002. She also holds a Bachelor of Commerce from Pt. R.S. University, which she obtained from 1998 to 2000. Earlier in her education, she attended NCERT in Bhilai, where she completed her Senior School (A-Levels) from 1985 to 1997. Her educational background provides her with a strong foundation in finance, auditing, and accountancy.
Background
Ruchi Selarka has a diverse professional background in finance and accounting, with significant experience in the insurance sector. Before joining Legal & General, she worked at Aviva plc as a Senior Accountant from 2010 to 2013. She also served as a Group Financial Senior Accountant at The Phoenix Group from 2013 to 2017. Earlier in her career, she worked at LIC as an Assistant Financial Accountant from 2003 to 2009 in Mumbai, India.
Achievements in Regulatory Reporting
Ruchi Selarka possesses expertise in regulatory reporting under Solvency II standards, which are crucial for insurance companies in managing their capital requirements and ensuring financial stability. Additionally, she has experience in embedded value reporting within the insurance industry, highlighting her proficiency in financial metrics that assess the value of insurance business.