Senior Pricing Actuary - Non-Life P&C General Insurance

7 - 11 years

0 Lacs

Posted:1 week ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Role Overview: - Lead the implementation of pricing solution, ensuring seamless integration with existing systems. - Do independent research, analyze, and present data as assigned. - Work in close collaboration with the EXL team and clients on general insurance actuarial projects for US markets. - Critically examine and deep dive into models. - Prepare detailed documentation for rate revision, rate review, pricing models, valuation reports, and preparing presentations. - Preferably EMBLEM/ RADAR/ Earnix/ Predictive Modelling/ Python models/ GLMs and GBMs P&C GI & Healthcare background people can also apply. - 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: - Conduct pricing analysis and develop actuarial models to forecast potential risks and returns. - Collaborate with underwriting teams to establish pricing guidelines and ensure compliance with regulations. - Monitor and evaluate market trends to make informed pricing decisions. - Act as a subject matter expert, assisting the sales team to find the best use cases for any pricing modeling software. - Provide training and support to internal teams. - Recommend new features and improvements to the platform based on client feedback and industry trends. - Experience in data extraction and data manipulation in Excel, R, Python, SAS. - In-depth data analysis like identifying major trends, univariate and multi-variate analysis. - Personal and commercial lines general insurance pricing, reserving for US insurance markets. - Knowledge of general insurance domain and P&C actuarial concepts is a must. - Excellent written and verbal communication skills. Candidate Profile: - Bachelors/Master's degree in economics, mathematics, actuarial sciences. - Affiliation to IAI or IFOA, with at least 9 CT actuarial exams. SP8 is an added advantage. - 7-10 years relevant experience, with good understanding of P&C actuarial concepts - pricing models. - Exposure to US/UK/APAC general insurance market is preferable. - Strong ability to learn technical and business knowledge. - Superior analytical and problem-solving skills. - Outstanding written and verbal communication skills. - Able to work in a fast-paced continuously evolving environment and ready to take up uphill challenges. - Able to understand cross-cultural differences and can work with clients across the globe.,

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EXL

Business Process Management / Analytics

New York

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