.. or Hyderabad) Head office- Manesar Job Location - Pune or Hyderabad CAMFIL – A GLOBAL LEADER IN AIR FILTERS AND CLEAN AIR SOLUTIONS As a leading manufacturer of premium clean air solutions, Camfil provides commercial and industrial systems for air filtration and air pollution control that improve workers .. read more
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.
Role Description: • 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, pricing models, 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 • ·Ensure compliance with Data Privacy and Protection Guidelines
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· • Strong command of Excel (including macros), MS Office Suite applications, and computer systems. • Knowledge of data gathering and manipulation techniques and tools such as Access, SQL. • Strong analytical abilities including mathematics and statistical concepts. • Use of RADAR for impact, rate structure, quality and market analysis.
Candidate Profile: • Bachelor’s/Master's degree in economics, mathematics, actuarial sciences, engineering, or similar technical degree • 4+ years’ experience, with good understanding of Rate Review, Rate rule filing, Rate Monitoring, P&C Pricing/Reserving actuarial concepts Non Life • Strong analytical skills with previous experience of applying actuarial/statistical methodologies to business problems •Candidate comfortable with basic programming in VBA/SAS and eager to develop this skill is preferred • Radar knowledge is plus • Exposure to US general insurance market is preferable • Outstanding written and verbal communication 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
About EXL 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 37,000+ professionals, spread across 54 global delivery centers and supports 25+ languages. Please visit www.exlservice.com for more information about EXL Analytics. 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.
Role Description: • 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, pricing models, 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 • ·Ensure compliance with Data Privacy and Protection Guidelines
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· • Strong command of Excel (including macros), MS Office Suite applications, and computer systems. • Knowledge of data gathering and manipulation techniques and tools such as Access, SQL. • Strong analytical abilities including mathematics and statistical concepts. • Use of RADAR for impact, rate structure, quality and market analysis.
Candidate Profile: • Bachelor’s/Master's degree in economics, mathematics, actuarial sciences, engineering, or similar technical degree • 4+ years’ experience, with good understanding of Rate Review, Rate rule filing, Rate Monitoring, P&C Pricing/Reserving actuarial concepts Non Life • Strong analytical skills with previous experience of applying actuarial/statistical methodologies to business problems •Candidate comfortable with basic programming in VBA/SAS and eager to develop this skill is preferred • Radar knowledge is plus • Exposure to US general insurance market is preferable • Outstanding written and verbal communication 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
About EXL 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 37,000+ professionals, spread across 54 global delivery centers and supports 25+ languages. Please visit www.exlservice.com for more information about EXL Analytics. 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.