Lead Assistant Manager

11 hours ago

EXL Gurgaon Center B Gurgaon India Analytics Full time ₹ 12,00,000 - ₹ 24,00,000 per year

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/UK market.
  • Critically examine and deep dive into pricing models
  • Prepare detailed documentation for rate revision, rate review, pricing models and valuation reports and preparing presentations
  • Assist in learning and development of new team members
  • Identify and participate in continuous improvement initiatives
  • Ensure compliance with Data Privacy and Protection Guidelines
  • Support the renewal process through pricing analysis

Key Responsibilities:

  • Complete understanding of the current state of affairs and problem statement
  • Develop comprehensive understanding of the client operations, processes and business objectives and use this knowledge on assignments
  • Interacting with clients on regular basis, understanding their requirements and transforming that into business framework and providing actuarial solutions
  • Respond to client queries and concerns, resolving issues promptly
  • Support on any actuarial developments required from client side
  • Experience in data extraction and data manipulation in Excel, R/Python/SAS, SQL and MS-Access
  • Experience in data control and data automation
  • In-depth data analysis like identifying major trends, univariate and multi-variate analysis
  • Personal and commercial lines general insurance pricing, reserving for relevant insurance markets
  • Knowledge of general insurance domain and P&C actuarial concepts is a must
  • Excellent written and verbal communication skills
  • Knowledge of pricing benchmarking, rate change, rating factors and rates recalibration

Candidate Profile:

  • Bachelor's/Master's degree in economics, mathematics, actuarial sciences
  • Affiliation to IAI or IFOA, with at least 4-6 CT actuarial exams
  • 3+ years' experience, with good understanding of P&C pricing actuarial concepts
  • Strong analytical skills with previous experience of applying actuarial/statistical methodologies to business problems
  • Strong ability to identify and solve potential problems in their specialty and develop creative solutions
  • Understanding of the product lines
  • Knowledge of GI actuarial modelling package such as Emblem, RADAR and Earnix is an added advantage.
  • Strong IT skills, will need to be comfortable with basic programming in SAS and eager to develop this skill.
  • Exposure to US/UK general insurance market is preferable
  • Excellent communication, presentation and project 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

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