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Senior Manager

3 months ago


Gurgaon, Haryana, India EXL Service Full time
EXL Decision Analytics

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 FrameworkTM, 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 51,000 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 for more information about EXL Analytics.

Role Overview:

Job Summary:
  • Seeking a qualified / near qualified Actuary from IAI, IFOA, or CAS, having a minimum of 5 years of experience.
  • Expected to collaborate closely with both the EXL team and clients on P&C insurance actuarial projects specifically targeting the US markets.
  • Perform complex Actuarial analysis, identify key drivers of results & develop actionable insights in determining pricing/ reserving strategy for cyber insurance.
  • Lead the team in performing tasks such as rate review, rate filing, pricing models, reserve estimation, valuation reports, and presentation preparations.
  • Aid in the onboarding and skill development of new team members.
  • Identify and actively engage in continuous improvement endeavors.
  • Ensure adherence to Data Privacy and Protection Guidelines
Key Responsibilities:
  • Lead and oversee the Pricing, Modeling, and Reserving functions within the Property and Casualty division.
  • Provide analysis and insights to assist in determining pricing strategy.
  • Monitor profitability, reserves and claim trends and share results with recommendations to underwriting & pricing business partners
  • Utilize advanced actuarial methods to develop and maintain pricing models, ensuring accuracy and relevance for the organization's objectives.
  • Collaborate with cross-functional teams to transform analytical findings into actionable insights, aiding decision-making processes.
  • Collaborate with IT to implement raters and technical models into client specific policy admin system.
  • Manage a team of actuaries, providing guidance, mentorship, and support in their professional development.
  • Stay updated with industry trends, regulatory changes, and emerging actuarial methodologies, incorporating them into the organization's strategies.
  • Foster a culture of innovation and continuous improvement within the actuarial team.
Candidate Profile:
  • Qualified/ near qualified Actuary from IAI, IFOA, or CAS with a minimum of 5 years of experience in the Property and Casualty insurance sector
  • Experience in end-to-end reserve / profitability reviews preferably in Cyber LOB
  • Working knowledge around policy admin system preferably Guidewire to be an advantage
  • Must have experience in leading actuarial team.
  • Strong leadership skills with the ability to manage and lead a team effectively.
  • Proven experience in collaborating with cross-functional teams and clients, particularly in the US insurance markets.
  • Expertise in critically examining and analyzing models, demonstrating a keen eye for detail.
  • Proficiency in preparing detailed documentation for various actuarial processes and presentations.
  • Commitment to learning and development, assisting in the growth of team members.
  • Proactive in identifying and participating in continuous improvement initiatives.
  • Thorough understanding and adherence to Data Privacy and Protection Guidelines.
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 set the stage for further growth and development in our company and beyond.