EXL

Actuarial Analyst

EXL  •  Gurugram, IN (Onsite)  •  4 days ago
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Job Description

  • Doing independent research, analyze, and present data as assigned
  • Expected to work in close collaboration with the EXL team and clients on general insurance actuarial projects for US markets
  • Manage rate reviews, filings with DOIs and DOI complaints support moderate to complex product initiatives
  • Prepare detailed documentation for rate review, and state filing reports and preparing presentations
  • Assist in analyzing, identifying and tracking new market trends, including underwriting and rate actions and proposing what actions to take
  • Develop and use collaborative relationship to facilitate the accomplishment of working goals
  • Facilitate, while working with other departments, in creation of product strategy, countrywide underwriting revisions and countrywide requirement updates
  • Assist in audit functions as needed

Work with Predictive Modeling on finding support and determining new model selections

  • Solid understanding of rate tables of other carriers, how those tables are configured and testing of those table. Interacting with clients on regular basis, understanding their requirements and transforming that into business framework and providing actuarial solutions
  • Working experience in P&C insurance domain for US insurance markets is a must
  • Understand how Insurance product is developed and deployed
  • Excellent written and verbal communication skills
  • Providing technical analysis and having the capabilities to explain, discuss with stakeholders independently·
  • Experience in data extraction and data manipulation in Excel and any one of VBA/ R/ Python/ SAS
  • Experience in data control and data automation
  • In-depth data analysis like identifying major trends, univariate and multi-variate analysis
  • Knowledge of general insurance domain and P&C actuarial concepts is a must
  • Excellent written and verbal communication skills
  • Bachelor’s/Master's degree in engineering, economics, mathematics, actuarial sciences, or similar technical degree. Master’s in business or financial management is also suitable
  • Affiliation to IAI or IFOA, with at least 3 actuarial exams
  • 2-4 years’ experience, with good understanding of P&C actuarial concepts - pricing, reserving, and/or valuation
  • Exposure to US general insurance market
  • Strong ability to learn technical and business knowledge
  • Superior analytical and problem solving skills
  • Outstanding written and verbal communication skills
  • Excellent time and work management skills
  • Able to work in fast pace continuously evolving environment and ready to take up uphill challenges
  • Is able to understand cross cultural differences and can work with clients across the globe
EXL

About EXL

Choosing a digital partner is about more than capabilities — it’s about collaboration and character.

Unrealistic overhauls and off-the-shelf products ignore what matters most — your unique needs, culture, goals, and your legacy data and technology environments.

At EXL, our collaboration is built on ongoing listening and learning to adapt our methodologies. We’re your business evolution partner—tailoring solutions that make the most of data to make better business decisions and drive more intelligence into your increasingly digital operations.

Whether your goals are scaling the use of AI and digital, redesign operating models, or driving better and faster decisions, we’re here to partner with you to help you gain—and maintain—competitive advantage with efficient, sustainable models at scale.

Our expertise in transformation, data science, and change management helps make your business more efficient and effective, improve customer relationships and enhance revenue growth. Instead of focusing on multi-year, resource- and time-intensive platform designs or migrations, we look deeper at your entire value chain to integrate strategies with impact.

We use our specialization in analytics, digital interventions, and operations management—alongside deep industry expertise — to deliver solutions that help you outperform the competition.

At EXL, it’s all about outcomes—your outcomes—and delivering success on your terms. Share your goals with us and together, we’ll optimize how you leverage data to drive your business forward.

For more information, visit www.exlservice.com.

Industry
Consulting & Advisory
Company Size
10,000+ employees
Headquarters
New York, NY
Year Founded
Unknown
Website
exlservice.com
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