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Manager
3 months ago
EXL (NASDAQ:EXLS) is a leading operations management and analytics company that helps businesses enhance growth and profitability in the face of relentless competition and continuous disruption. Using our proprietary, award-winning Business EXLerator Framework™, which integrates analytics, automation, benchmarking, BPO, consulting, industry best practices and technology platforms, we look deeper to help companies improve global operations, enhance data-driven insights, increase customer satisfaction, and manage risk and compliance. EXL serves the insurance, healthcare, banking and financial services, utilities, travel, transportation and logistics industries. Headquartered in New York, New York, EXL has more than 24,000 professionals in locations throughout the United States, Europe, Asia (primarily India and Philippines), Latin America, Australia and South Africa.
EXL Analytics provides data-driven, action-oriented solutions to business problems through statistical data mining, cutting edge analytics techniques and a consultative approach. Leveraging proprietary methodology and best-of-breed technology, EXL Analytics takes an industry-specific approach to transform our clients' decision making and embed analytics more deeply into their business processes. Our global footprint of nearly 2,000 data scientists and analysts assist client organizations with complex risk minimization methods, advanced marketing, pricing and CRM strategies, internal cost analysis, and cost and resource optimization within the organization. EXL Analytics serves the insurance, healthcare, banking, capital markets, utilities, retail and e-commerce, travel, transportation and logistics industries.
Please visit www.exlservice.com for more information about EXL Analytics.
Responsibilities:
- Collaborate with the Pricing Team to develop pricing strategies and models for our P&C insurance products, with a focus on admitted business.
- Analyze large datasets to evaluate risks and assess pricing adequacy.
- Conduct research and perform competitive analysis to stay updated with market trends and regulatory changes.
- Assist in the development and implementation of pricing programs, including rate reviews and filings.
- Prepare and present actuarial findings and recommendations to management and other stakeholders.
- Collaborate with underwriters, product managers, and other departments to ensure pricing strategies align with business goals.
- Provide support in the development of pricing tools, models, and other analytical tools to streamline pricing processes.
- Continuously monitor and evaluate the performance of pricing strategies and make recommendations for improvements.
- Stay updated with industry best practices and developments in actuarial methodologies and techniques.
Candidate Profile:
- Bachelor's/Master's degree in engineering, economics, mathematics, actuarial sciences, statistics.
- Affiliation to IAI or IFOA, with 2-6 CT actuarial exams will be an added advantage
- 3-5 years Actuarial experience in the P&C insurance industry
- Strong pricing experience, particularly in admitted business, including filings and filings support.
- Advanced skills in Excel, VBA, SAS, and other relevant tools for data analysis and modeling.
- Excellent analytical and problem-solving skills, with the ability to analyze large datasets and make data-driven decisions.
- Strong communication skills, including the ability to effectively communicate complex actuarial concepts to both technical and non-technical stakeholders.
- Ability to work independently and collaboratively in a team-oriented environment.
- Detail-oriented with strong organizational and time management skills.
- Ability to adapt to changing priorities and deadlines in a fast-paced environment.
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.