Lead Assistant Manager EXL/LAM/1022611

4 weeks ago

gurugram, India exl Full time

Job Description

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 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, 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, 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:

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 actuarial exams 2-4 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.

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