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EXL’s 15+ years old ACTUARIAL practice is a multi-disciplinary group with an industry focus on the insurance sector (like Property & Casualty, Life Insurance, Health care, Retirement Benefits, Reinsurance). Our actuarial practice has a reputation for strong quantitative expertise and thought leadership in the industry. Through these years, our experienced practitioners have helped clients turn risk into opportunity by pairing science and art to develop solutions to their most pressing challenges around risk and insurance. We allow organizations to optimally balance their key business objectives in the context of their long-term business outlook.What opportunities awaits you?We are looking out for some of the exceptional talent like you in the domain of Advanced Modeling, Rate development & support, Capital Modeling, Solvency assessments, Reserving, Reinsurance optimizations etc.Who would you work with at EXL?Our actuarial family have some of the most talented fellows, associates, students from reputed institutions like Institute and Faculty of Actuaries (IFoA), Institute of Actuaries of India (IAI) and Society of Actuaries (SoA) with expertise in risk, technology, data management, statistical modeling, regulatory support etc. We have some of the seasoned experts who endeavor to provide cutting edge solution to rising uncertainties along with providing full range of actuarial services across the globe to top clientele like leading US, UK, Australian P&C and Life carriers, one of the leading UK insurance broker etc.How would we support you in your growth journey?EXL’s actuarial practice is a mature practice, which lays strong emphasis on nurturing actuarial talent and foster a culture of continuous learning & growth. EXL not only provides you an environment to work with some of best talent of the country but work with you to curate a career trajectory in actuarial domain. EXL has built strong talent capabilities through its unique Actuarial Development Program, which enables continuous upskilling of fellow/students through in-house trainings, best in class research capabilities and associations facilitating industry outreach. The program is uniquely designed to incentivize fellows/students to undertake actuarial exams, participate in conferences, learn from the highly talented peer group and multiple opportunities to be a key enabler of this ever-growing practice.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 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 neededWork with Predictive Modeling on finding support and determining new model selections Key Responsibilities: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· Build VB prototypes and small scale applications, along with VBA scripts, in a bid to automate Excel spreadsheetsDevelop, enhance, and maintain MS Excel, and handle frontend development proceduresAnalyze and revise existing system logic difficulties, and ensure that technical knowledge of all phases of application systems is maintainedCommunications, including deck writingDevelop, maintain and support existing MS Excel VBA applications, and analyze and convert business requirements as neededExperience in data extraction and data manipulation in ExcelExperience in data control and data automationIn-depth data analysis like identifying major trends, univariate and multi-variate analysisKnowledge of general insurance domain and P&C actuarial concepts is a mustExcellent written and verbal communication skillsCandidate Profile:Bachelor’s/Master's degree in engineering, economics, mathematics, actuarial sciences, or similar technical degree. Master’s in business or financial management is also suitableAffiliation to IAI or IFOA, with at least 3 actuarial exams4-7 years’ experience, with good understanding of P&C actuarial concepts - pricing, reserving, and/or valuationExposure to US general insurance marketProficiency in Excel, VBA Macros.Strong ability to learn technical and business knowledgeSuperior analytical and problem solving skillsOutstanding written and verbal communication skillsExcellent time and work management skillsAble to work in fast pace continuously evolving environment and ready to take up uphill challengesIs able to understand cross cultural differences and can work with clients across the globeWhat we offer:• EXL Analytics offers an exciting, fast paced and innovative environment, which brings together a group of sharp and entrepreneurial professionals who are eager to influence business decisions. From your very first day, you get an opportunity to work closely with highly experienced, world class analytics consultants. 1. You can expect to learn many aspects of businesses that our clients engage in. You will also learn effective teamwork and time-management skills - key aspects for personal and professional growth 2. Analytics requires different skill sets at different levels within the organization. At EXL Analytics, we invest heavily in training you in all aspects of analytics as well as in leading analytical tools and techniques. • We provide guidance/ coaching to every employee through our mentoring program wherein every junior level employee is assigned a senior level professional as advisors. • Sky is the limit for our team members. The unique experiences gathered at EXL Analytics sets the stage for further growth and development in our company and beyond