Actuarial Specialist

1 month ago

Gurugram, India EXL Full time

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.


At EXL, our collaboration is built on ongoing listening and learning to adapt our methodologies. We are extremely proud of our differentiated workforce that totals more than 54,000+ professionals, spread across global delivery centers and supports 25+ languages. Please visit www.exlservice.com for more information about EXL Analytics.


Please visit www.exlservice.com for more information about EXL


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 needed

Work 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 spreadsheets

Develop, enhance, and maintain MS Excel, and handle frontend development procedures

Analyze and revise existing system logic difficulties, and ensure that technical knowledge of all phases of application systems is maintained

Communications, including deck writing

Develop, maintain and support existing MS Excel VBA applications, and analyze and convert business requirements as needed

Experience in data extraction and data manipulation in Excel

Experience in data control and data automation

In-depth data analysis like identifying major trends, univariate and multi-variate analysis

Knowledge of general insurance domain and P&C actuarial concepts is a must

Excellent written and verbal communication skills


Candidate 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 suitable

Affiliation to IAI or IFOA, with at least 3-5 actuarial exams cleared

2-5 years’ experience, with good understanding of P&C actuarial concepts - pricing, reserving, and/or valuation

Exposure to US general insurance market

Proficiency in Excel, VBA Macros.

Strong ability to learn technical and business knowledge

Superior analytical and problem solving skills

Outstanding written and verbal communication skills

Excellent time and work 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


What 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.
  • 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
  • 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.

  • Specialist, Corporate Actuarial

    4 days ago

    gurugram, India AXA Group Full time

    Specialist, Corporate Actuarial Gurgaon, Haryana, India Analysts work in teams with other actuaries, financial reporting analysts and actuarial IT teams to deliver pricing, reserving and actuarial risk analytics analysis results. Actuarial Analyst has the opportunity to support or develop cutting-edge analyses, strategies and solutions addressing the...

  • Specialist, Corporate Actuarial

    4 days ago

    Gurugram, India AXA Group Full time

    Specialist, Corporate Actuarial Gurgaon, Haryana, India Analysts work in teams with other actuaries, financial reporting analysts and actuarial IT teams to deliver pricing, reserving and actuarial risk analytics analysis results. Actuarial Analyst has the opportunity to support or develop cutting-edge analyses, strategies and solutions addressing the...

  • Actuarial Specialist

    1 week ago

    Gurugram, India Vrinda Global Full time

    Hiring for Actuarial Roles in Gurgaon Location .Min 1 - 2 Years and Max. 12-13 Years 1) Senior Analyst 2) Specialist3) Senior SpecialistRisk Analytics including the development of analytical tools, analysis of insurance risk, regulatory capital modeling activities, and general support for any risk analytics in the company. Pricing including development of...

  • Actuarial Specialist

    1 week ago

    Gurugram, India Vrinda Global Full time

    Hiring for Actuarial Roles in Gurgaon Location .Min 1 - 2 Years and Max. 12-13 Years 1) Senior Analyst 2) Specialist3) Senior SpecialistRisk Analytics including the development of analytical tools, analysis of insurance risk, regulatory capital modeling activities, and general support for any risk analytics in the company. Pricing including development of...

  • Actuarial Specialist

    1 week ago

    gurugram, India Vrinda Global Full time

    Hiring for Actuarial Roles in Gurgaon Location . Min 1 - 2 Years and Max. 12-13 Years 1) Senior Analyst 2) Specialist 3) Senior Specialist Risk Analytics including the development of analytical tools, analysis of insurance risk, regulatory capital modeling activities, and general support for any risk analytics in the company. Pricing including development...

  • Senior Actuarial Specialist

    1 month ago

    gurugram, India AXA Group Full time

    Senior Actuarial Specialist Gurgaon, Haryana, IndiaWe invent the new to help the world move forward. Combining powerful analytics and deeper insights with bigger ideas and innovative solutions, we free up our clients’ potential, thereby fulfilling our own. Take it seriously. Make it fun. Know it matters. DISCOVERyour opportunity What will your...

  • Senior Actuarial Specialist

    1 month ago

    Gurugram, India AXA Group Full time

    Senior Actuarial Specialist Gurgaon, Haryana, IndiaWe invent the new to help the world move forward. Combining powerful analytics and deeper insights with bigger ideas and innovative solutions, we free up our clients’ potential, thereby fulfilling our own. Take it seriously. Make it fun. Know it matters. DISCOVERyour opportunity What will your...

  • Specialist, Corporate Actuarial

    1 month ago

    Gurugram, India AXA Group Full time

    Specialist, Corporate Actuarial Gurgaon, Haryana, India We invent the new to help the world move forward. Combining powerful analytics and deeper insights with bigger ideas and innovative solutions, we free up our clients’ potential, thereby fulfilling our own. Take it seriously. Make it fun. Know it matters. Currently, the collection and dissemination...

  • Specialist, Corporate Actuary

    2 days ago

    gurugram, India Vrinda Global Full time

    GENERAL INSURANCE ---- Analysts work in teams with other actuaries, financial reporting analysts and actuarial IT teams to deliver Valuation, reserving and actuarial risk analytics analysis results. Actuarial Analyst has the opportunity to support or develop cutting-edge analyses, strategies and solutions addressing the wide range of actuarial risks and/or...

  • Specialist, Corporate Actuary

    3 days ago

    Gurugram, India Vrinda Global Full time

    GENERAL INSURANCE ----Analysts work in teams with other actuaries, financial reporting analysts and actuarial IT teams to deliver Valuation, reserving and actuarial risk analytics analysis results. Actuarial Analyst has the opportunity to support or develop cutting-edge analyses, strategies and solutions addressing the wide range of actuarial risks and/or...

  • Specialist, Corporate Actuary

    3 days ago

    Gurugram, India Vrinda Global Full time

    GENERAL INSURANCE ----Analysts work in teams with other actuaries, financial reporting analysts and actuarial IT teams to deliver Valuation, reserving and actuarial risk analytics analysis results. Actuarial Analyst has the opportunity to support or develop cutting-edge analyses, strategies and solutions addressing the wide range of actuarial risks and/or...

  • Senior Consultant

    5 days ago

    gurugram, India Marsh McLennan Companies Full time

    Description: Mercer is seeking candidates for the following position based in the Gurgaon/Mumbai/Bangalore office. Senior Consultant- Retirement Consulting Actuaries(Level- D) What can you expect: The purpose of this position is to provide strong technical expertise to Mercer India team to deliver directly to clients valuations...

  • Associate - Retirement Consulting Actuaries

    4 weeks ago

    Gurugram, India Mercer Full time

     Mercer is seeking candidates for the following position based in the Gurgaon/Mumbai/Bangalore office.Associate - Retirement Consulting Actuaries(Level E)What can you expect:The purpose of this position is to provide technical leadership to the team of actuarial analysts and consultants to deliver directly to clients on issues pertaining to valuation and...

  • Senior Analyst, Corporate Actuarial

    3 months ago

    Gurugram, India AXA Group Full time

    Senior Analyst, Corporate Actuarial Bangalore, Karnataka India Work closely with the actuarial team and take part in various analytical projects. The team conceptualizes designs and develops innovative MI (management information) reports for senior management. Ownership of data for any analysis lies with the team; so the team members are extremely...

  • Senior Analyst, Corporate Actuarial

    4 weeks ago

    Gurugram, India AXA Group Full time

    Senior Analyst, Corporate Actuarial Bangalore, Karnataka India Work closely with the actuarial team and take part in various analytical projects. The team conceptualizes designs and develops innovative MI (management information) reports for senior management. Ownership of data for any analysis lies with the team; so the team members are extremely...

  • Senior Consultant

    5 days ago

    Gurugram, India Mercer Full time

    Mercer is seeking candidates for the following position based in the Gurgaon/Mumbai/Bangalore office. Senior Consultant- Retirement Consulting Actuaries(Level- D)What can you expect:The purpose of this position is to provide strong technical expertise to Mercer India team to deliver directly to clients valuations and other actuarial projects (primarily in...

  • Associate - Retirement Consulting Actuaries

    4 weeks ago

    Gurugram, India Marsh McLennan Full time

    JOB DESCRIPTION Job Title Associate - Retirement Consulting Actuaries Career Level- E/F Business/Function- Retirement Segment- Actuarial Region / Market- Growth Markets/ IMETA/India POSITION SUMMARY The purpose of this position is to provide technical leadership to the team of actuarial analysts and consultants to deliver directly to clients on issues...

  • Associate - Retirement Consulting Actuaries

    1 month ago

    Gurugram, India Marsh McLennan Full time

    JOB DESCRIPTIONJob Title Associate - Retirement Consulting ActuariesCareer Level- E/FBusiness/Function-RetirementSegment-ActuarialRegion / Market-Growth Markets/ IMETA/IndiaPOSITION SUMMARYThe purpose of this position is to provide technical leadership to the team of actuarial analysts and consultants to deliver directly to clients on issues pertaining to...

  • Associate - Retirement Consulting Actuaries

    4 weeks ago

    Gurugram, India Marsh McLennan Full time

    JOB DESCRIPTIONJob Title Associate - Retirement Consulting ActuariesCareer Level- E/FBusiness/Function-RetirementSegment-ActuarialRegion / Market-Growth Markets/ IMETA/IndiaPOSITION SUMMARYThe purpose of this position is to provide technical leadership to the team of actuarial analysts and consultants to deliver directly to clients on issues pertaining to...

  • Associate - Retirement Consulting Actuaries

    4 weeks ago

    Gurugram, India Marsh McLennan Full time

    JOB DESCRIPTIONJob Title Associate - Retirement Consulting ActuariesCareer Level- E/FBusiness/Function-RetirementSegment-ActuarialRegion / Market-Growth Markets/ IMETA/IndiaPOSITION SUMMARYThe purpose of this position is to provide technical leadership to the team of actuarial analysts and consultants to deliver directly to clients on issues pertaining to...