Lead Assistant Manager

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/UK market.
• Critically examine and deep dive into pricing models
• Prepare detailed documentation for rate revision, rate review, pricing models and valuation 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
• Support the renewal process through pricing analysis

Key Responsibilities:

• Complete understanding of the current state of affairs and problem statement
• Develop comprehensive understanding of the client operations, processes and business objectives and use this knowledge on assignments
• Interacting with clients on regular basis, understanding their requirements and transforming that into business framework and providing actuarial solutions
• Respond to client queries and concerns, resolving issues promptly
• Support on any actuarial developments required from client side
• Experience in data extraction and data manipulation in Excel, R/Python/SAS, SQL and MS-Access
• Experience in data control and data automation
• In-depth data analysis like identifying major trends, univariate and multi-variate analysis
• Personal and commercial lines general insurance pricing, reserving for relevant insurance markets
• Knowledge of general insurance domain and P&C actuarial concepts is a must
• Excellent written and verbal communication skills
• Knowledge of pricing benchmarking, rate change, rating factors and rates recalibration

Candidate Profile:

• Bachelor’s/Master's degree in economics, mathematics, actuarial sciences
• Affiliation to IAI or IFOA, with at least 4-6 CT actuarial exams
• 3+ years’ experience, with good understanding of P&C pricing actuarial concepts
• Strong analytical skills with previous experience of applying actuarial/statistical methodologies to business problems
• Strong ability to identify and solve potential problems in their specialty and develop creative solutions
• Understanding of the product lines
• Knowledge of GI actuarial modelling package such as Emblem, RADAR and Earnix is an added advantage.
• Strong IT skills, will need to be comfortable with basic programming in SAS and eager to develop this skill.
• Exposure to US/UK general insurance market is preferable
• Excellent communication, presentation and project 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