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EXL

Analyzes business data and runs outsourced operations

Senior Actuarial Analyst

Actuarial & Risk ModellingConfirmed live in the last 24 hours
Full-timeNew Jersey, USANo salary listedIn-person

About the Job

Requirements

  • A bachelor's degree in actuarial science, mathematics, statistics, or a related field is required; ASA or FSA designation is preferred.
  • Extensive experience in Property & Casualty actuarial pricing, including loss-cost modeling, rate revisions, indications, and rate monitoring.
  • Experience working with large policy, claims, and external datasets.
  • Expertise in risk assessment, monitoring, and profitability review.
  • Strong analytical and quantitative skills, with proficiency in actuarial modeling software such as R, SAS, or Python, and Excel.
  • Working experience with insurance regulations, rate filings, and compliance requirements.
  • Ability to explain complex concepts to non-technical stakeholders.
  • Ability to apply actuarial pricing techniques, including exposure and experience rating, based on data quality and availability.
  • Ability to apply advanced statistical techniques such as generalized linear models, XGBoost, and Lasso to build predictive models.

Responsibilities

  • Conduct in-depth reviews of insurance product profitability and assess portfolio risk to support underwriting and pricing decisions.
  • Extract and prepare data for pricing studies and analysis.
  • Provide pricing guidance and consulting services to data, infrastructure, and information technology teams.
  • Support the data team in developing data marts and recommend data elements for use cases such as pricing, rating, and filings.
  • Present actionable insights, recommendations, and findings to actuaries and data team leadership.
  • Develop project plans, execute projects, and support delivery excellence.
  • Conduct market and competitor research, especially on filing materials.
  • Support filing activities, including indications, base rate changes, rate monitoring, and dislocation analysis.
  • Prepare filing exhibits and other regulatory requirement exhibits.
  • Develop internal quality-control processes to ensure filing accuracy and quality.
  • Train and upskill team members in new rating and filing tools and techniques.
  • Identify process-enhancement opportunities and propose automation-based solutions.
  • Understand and incorporate product changes, rating factors, and other inputs to develop new rates or revise existing rates.
  • Coordinate with product owners to understand pricing requirements and timelines.
  • Support actuarial data processing involving loss development, trend analysis, and incurred-but-not-reported allocation.
  • Support data extraction, analysis, and transformation to produce final datasets for downstream analysis.
  • Understand and incorporate external factors such as inflation and catastrophe impacts to produce comprehensive rates.
  • Partner with underwriting, finance, and data analytics teams to align on product goals and refine risk management strategies.

Desired Qualifications

  • Completion of actuarial exams and ASA or FSA designation.

About the Company

EXL

Analyzes business data and runs outsourced operations

EXL analyzes business data and runs outsourced operations for insurers, healthcare payers, banks, retailers, and other large organizations. Its teams combine industry expertise with data engineering and AI to handle tasks such as claims processing, payment reviews, customer service, and finance within existing technology environments. The company also builds software, including LifePRO, which manages insurance policies, and EXLdata.ai, which connects fragmented data for use in AI systems. Clients pay for consulting projects, ongoing managed services, and software delivered through the cloud. EXL was founded in 1999 and is headquartered in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1999

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