EXL

Actuarial analyst - Objections

EXL  •  Gurugram, IN (Onsite)  •  3 days ago
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Job Description

  • Handle complex actuarial and methodological DOI objections across products and states.
  • Partner with LOB actuarial teams to support Rate indications, Trend selections, Rating relativities, Actuarial justification, Impact assessment, Go / no-go filing decisions
  •  Define and execute comprehensive objection response strategies that are accurate, consistent, and regulatory-defensible.
  •  Review, mentor, and approve objection responses prepared by operations analysts and actuarial staff.
  • Ensure all responses align with DOI regulations, filing rules, and actuarial standards.
  • Act as a key liaison between actuarial, product, compliance, and regulatory teams.
  •  Identify, categorize, and tag objection themes across filings and states.
  • Track mitigation actions and drive continuous improvement in pricing, modeling, and filing strategies.
  • Proactively anticipate regulatory concerns and guide teams to reduce objection risk in future filings.
  • Be able to look at objection trends received over time, identify patterns and provide recommendations on ways to reduce them in future
  • Create automated and/or optimized processes to turn around standard objection responses quickly 
  • Stay updated with best practices in actuarial methodologies and techniques.
  • Handle complex actuarial and methodological DOI objections across products and states.
  • Partner with LOB actuarial teams to support Rate indications, Trend selections, Rating relativities, Actuarial justification, Impact assessment, Go / no-go filing decisions
  •  Define and execute comprehensive objection response strategies that are accurate, consistent, and regulatory-defensible.
  •  Review, mentor, and approve objection responses prepared by operations analysts and actuarial staff.
  • Ensure all responses align with DOI regulations, filing rules, and actuarial standards.
  • Act as a key liaison between actuarial, product, compliance, and regulatory teams.
  •  Identify, categorize, and tag objection themes across filings and states.
  • Track mitigation actions and drive continuous improvement in pricing, modeling, and filing strategies.
  • Proactively anticipate regulatory concerns and guide teams to reduce objection risk in future filings.
  • Be able to look at objection trends received over time, identify patterns and provide recommendations on ways to reduce them in future
  • Create automated and/or optimized processes to turn around standard objection responses quickly 
  • Stay updated with best practices in actuarial methodologies and techniques.
  • Bachelor’s/Master's degree in engineering, economics, mathematics, actuarial sciences or statistics.
  • Affiliation to IAI or IFOA, with 3+ CT actuarial exams will be an added advantage
  • 3-5 years Actuarial experience in the US P&C insurance industry
  • Hands on experience in pricing required
  • Good understanding of insurance product design, pricing methodologies, and rating structures.
  • Deep familiarity with DOI regulations, SERFF filings, and objection patterns across all states.
  • Exposure to interpreting and validating Pricing and predictive model outputs, Assumptions and trend selections, Impact and sensitivity analyses
  • Ability to translate complex actuarial concepts into clear, regulator-ready communication.
  • Excellent strategic thinking and influencing skills across cross-functional teams.
  • Advanced skills in Excel, SQL, Python and other relevant tools for data analysis
  • Strong sense of collaborative mindset and good team player
  • Excellent analytical and problem-solving skills, attention to detail, with the ability to analyze complex data and make data-driven decisions.
  • Strong communication skills, including the ability to effectively communicate actuarial concepts to both technical and non-technical stakeholders.
  • Ability to work independently and collaboratively in a team-oriented environment.
  • Detail-oriented with strong organizational and time management skills.
  • Ability to adapt to changing priorities and deadlines in a fast-paced environment.
  • High attention to detail with strong documentation and quality-control mindset.
  • Proficient in Excel, SERFF, Adobe, Power BI, Tableau, JIRA, DevOps, etc.
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
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