Decision Analytics Actuarial Role - Insurance Domain

We are hiring for an Actuarial role in the Insurance domain!

We are looking for candidates with hands-on experience in GLM (Generalized Linear Models) or predictive modeling. If you meet the following criteria, we want to hear from you!

Role Clarification:

- Focus on GLM or predictive modeling in the insurance domain.

Must-Have Criteria:

- Hands-on experience with GLM or predictive modeling.

- Strong understanding of insurance data.

- Immediate joiners preferred (within 1-2 weeks).

Nice-to-Have Skills:

- Familiarity with tools like Python, R, SAS, Emblem, Radar.

- Exposure to automation, cloud data, or fraud analytics.

Candidate Evaluation:

- Only candidates with actual hands-on experience.

- Self-rate your experience on GLM, insurance understanding, Python/automation.

Experience & Band Flexibility:

- Open to candidates in B1, B2, C1, C2 bands.

- Targeting profiles with 4 to 10 years of relevant experience.

Role Overview:

- Doing independent research, analyze, and present data as assigned

- Expected to work in close collaboration with the EXL team and clients on general insurance pricing projects for US markets

- Critically examine and deep dive into pricing models

- Prepare detailed documentation for rate review, pricing models and state filing reports and preparing presentations

- Assist in learning and development of new team members

- Identify and participate in continuous improvement initiatives

- Ensure compliance with Data Privacy and Protection Guidelines

Key Responsibilities:

- Complete understanding of the current state of affairs and problem statement

- Interacting with clients on regular basis, understanding their requirements and transforming that into business framework and providing actuarial solutions

- Prepare rate filings and analyze the impact of proposed rates on the existing book

- Perform competitor analysis to understand the market position

- Personal/commercial lines insurance pricing for US insurance markets is preferable

- Knowledge of general insurance domain and P&C coverage is a must

- Excellent written and verbal communication skills

Candidate Profile:

- Bachelor's/Master's degree in economics, mathematics, actuarial sciences

- 4+ years' experience, with good understanding of P&C domain and coverages is a must

- Knowledge of GI actuarial modelling package such as Emblem/RADAR/Earnix is preferable but not mandatory

- Exposure to US general insurance market is preferable

- Outstanding written and verbal communication 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