Sana: South Asian Network Of Actuaries

What Sana: South Asian Network Of Actuaries does

SANA (South Asian Network Of Actuaries) is a 501(c)(3) nonprofit founded in 2021 that operates as a professional community and affinity network for actuaries of South Asian heritage and those engaged with South Asian actuarial issues. Headquartered virtually (no physical offices), the organization offers free membership and operates across 7+ countries, serving both early-career actuarial students and credentialed professionals (FSA, ASA). Its programs center on an annual career fair (318 participants, 584 job applications, and 25+ employers in 2024), mentorship, networking events, and educational resources. The organization was co-founded by Ritu Jain (FSA) and Shruti Gupta (ASA) and is currently led by President Riya Sadras.

SANA's core "products" are programmatic events and member services—most notably the annual career fair, which functions as a two-sided marketplace linking South Asian actuarial talent with employer sponsors—plus scholarship offerings delivered through partnerships with Coaching Actuaries, SAGAA, and Abacus Actuaries. The platform architecture is essentially virtual: community coordination via online channels, with no proprietary software, app, or disclosed technology stack in the source data.

The business model is nonprofit and donation-driven. Revenue comes from individual donations and a three-tier corporate sponsorship program (Diamond, Gold, Silver), with 13 named institutional sponsors spanning insurance, consulting, and audit sectors (Aon, Prudential, KPMG, EY, Canada Life, and others). Membership and most program access are free to participants, meaning the economic model depends on continued sponsor renewals and donor contributions rather than member fees or paid products.

Name

Sana: South Asian Network Of Actuaries

Legal name

South Asian Network Of Actuaries

Website

https://sanaactuaries.org

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

SANA is a 501(c)(3) nonprofit professional community serving South Asian actuaries across 7+ countries with free membership, an annual career fair, mentorship, and events funded by corporate sponsorships and donations.

Ownership category

akta.pro rank

Product category

Professional Association Services

NAICS

Professional Organizations (81392), Business, Professional, Labor, Political, and Similar Organizations (8139)

SIC

Services-Membership Organizations (8600)

akta.pro industry

PRIMARYEDALAOAH

Volunteer Management & Alumni Leadership Programs

Education/Student Services & Campus Operations/Alumni Relations, Development & Campus Community Engagement

SECONDARYEDALAOAB

Fundraising & Annual Giving

Education/Student Services & Campus Operations/Alumni Relations, Development & Campus Community Engagement

Keywords

• Professional networking community
• Actuarial career development
• Scholarship exam preparation
• Membership nonprofit services
• Diversity mentorship programs

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Donations: SANA accepts donations from individuals and organizations through their website to support the organization's mission of empowering South Asian actuaries.
2. Corporate Sponsorships: SANA has a tiered sponsorship program with Diamond, Gold, and Silver tiers. Sponsors include major companies like Aon, KPMG, EY, and others. Sponsor status is contingent on annually recurring donations and upholding SANA's values.
3. Scholarship Program: SANA partners with Coaching Actuaries to provide scholarships for actuarial candidates. The scholarship includes exam registration and six months of seminar access.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels8 records

Core offering

SANA is a 501(c)(3) nonprofit professional membership organization that builds and supports a global community of South Asian actuaries and aspiring actuaries. It delivers free membership, networking events, mentorship, scholarship-funded exam preparation, virtual career fairs, and professional development programs for its community.

Product overview

SANA (South Asian Network of Actuaries) is a professional membership organization, not a software product company. It operates as a unified platform of interconnected services focused on supporting South Asian actuaries worldwide. The core offerings include a membership program, job postings board, scholarship program, career fairs, professional development sessions, and volunteer opportunities—all coordinated through a newsletter and member portal.

Differentiator

Problem solved

Functional benefit

Products and services

• Membership Program
• Job Postings Board
• SANA Scholarship Program
• The Infinite Opportunity Career Fair

Quantifiable outcome

• 318 career fair participants with 584 job applications submitted to participating organizations
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered core and minor.

• Coaching ActuariescoreGTM or Marketing Partner · 1 January 2025SANA partners with Coaching Actuaries to provide scholarship recipients with six months of full seminar access for actuarial exam preparation, along with exam registration reimbursement.
• SAGAA (Sexuality and Gender Alliance of Actuaries)coreStrategic or Co-development Partner · 22 August 2024SANA partnered with SAGAA to co-host The Infinite Opportunity Actuarial Career Fair, the first-ever joint virtual career fair. SAGAA helped plan and execute the event, contributing to its transformative success.
• Abacus ActuariescoreStrategic or Co-development Partner · 22 August 2024SANA partnered with Abacus Actuaries to co-host the Infinite Opportunity Actuarial Career Fair. Abacus helped plan and execute the first-ever joint virtual career fair.
• Society of Actuaries (SOA)minorOthersSOA President John Robinson sent a recorded video message to SANA's 2022 annual meeting expressing full support. SOA is referenced in context of elections and professional credentialing for members.
• AonminorGTM or Marketing PartnerAon is a Diamond tier sponsor of SANA, supporting the organization financially and gaining visibility within the South Asian actuarial community.
• Prudential FinancialminorGTM or Marketing PartnerPrudential is a Diamond tier sponsor of SANA. Founder Ritu Jain works at Prudential as a Director in Annuities.
• KPMGminorGTM or Marketing PartnerKPMG is a Gold tier sponsor of SANA. Co-founder Shruti Gupta works at KPMG.
• EYminorGTM or Marketing PartnerEY is a Gold tier sponsor of SANA, supporting diversity initiatives in the actuarial profession.
• Canada LifeminorGTM or Marketing PartnerCanada Life is a sponsor of SANA. Advisory board member Arun Paul works at Canada Life Reinsurance.

Scale indicators7 records

Recent moves5 records

Expansion highlights4 records

Others

• TiE (The Indus Entrepreneurs): TiE is a global nonprofit fostering South Asian entrepreneurship through mentorship and networking, structurally similar to SANA as a South Asian-affinity professional community, though serving entrepreneurs rather than actuaries.
• South Asian Journalists Association (SAJA): SAJA is a professional association supporting South Asian journalists across North America, structurally similar to SANA as a South Asian affinity professional network with mentorship, career programming, and awards.
• South Asian Bar Association of America (SABA): SABA is a professional organization for South Asian attorneys in North America, structurally analogous to SANA as a South Asian affinity professional network offering scholarships, mentorship, and career development, though serving the legal profession.

Broad incumbents

• Society of Actuaries (SOA): The Society of Actuaries is the largest U.S. professional body for actuaries, of which many SANA leaders are members; SOA's president sent a recorded message to SANA's 2022 annual meeting, indicating a supportive relationship rather than direct competition.
• Casualty Actuarial Society (CAS): The CAS is the major U.S. professional body for property/casualty actuaries; SANA's current president is pursuing an ACAS designation through CAS, making it a relevant incumbent credentialing body that SANA members engage with.

Direct peers

• Abacus Actuaries: Abacus Actuaries is an actuarial community that partnered with SANA to co-host the first-ever joint virtual actuarial career fair, making it a direct peer organization operating in the same actuarial affinity and professional development space.
• SAGAA (Sexuality and Gender Alliance of Actuaries): SAGAA is an affinity-based actuarial professional organization that partnered with SANA to co-host the Infinite Opportunity Career Fair, making it the most directly comparable peer serving a different demographic within the same profession.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xtwitter.com/SANA_Actuaries
• LinkedInlinkedin.com/company/south-asian-network-of-actuaries
• Instagraminstagram.com/south_asian_actuaries

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sana: South Asian Network Of Actuaries