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EXL

Analyzes business data and runs outsourced operations

Reserving Data Analyst

Actuarial & Risk ModellingConfirmed live in the last 24 hours
Full-timeGurugram, Haryana, IndiaNo salary listedIn-person

About the Job

Requirements

  • A Bachelor's or Master's degree in engineering, economics, mathematics, actuarial sciences, or statistics.
  • Five to six years of actuarial experience in the property and casualty insurance industry.
  • Good knowledge of insurance terms.
  • Advanced skills in Excel, Databricks, SQL, and other relevant tools for data analysis and modeling.
  • Excellent analytical and problem-solving ability, including analyzing complex data and making data-driven decisions.
  • Strong communication skills, including communicating actuarial concepts effectively to technical and non-technical stakeholders.
  • Ability to work independently and collaboratively in a team-oriented environment.
  • Detail-oriented with strong organizational and time-management skills.
  • Ability to adapt to changing priorities and deadlines in a fast-paced environment.

Responsibilities

  • Support the creation and update of data definitions so reserving data can be classified into risk-profiled subsets for actuarial analysis.
  • Code claims datasets in Databricks according to defined class codes for further analysis and reconciliation against multiple internal sources for credibility and data assurance.
  • Maintain current adjustment and other expense processes while improving them toward goal-state levels.
  • Develop tracking tables to monitor catastrophe claims for the client’s book of business.
  • Create and enhance templates to estimate and track actuarial diagnostic metrics, including AvE, PYD, and settlement rates.
  • Support preparation of exhibits for regulatory filings.
  • Develop and maintain reserve models in tools such as ResQ and Arius.
  • Identify opportunities for seamless integration with downstream processes.
  • Assist in developing and enhancing actuarial tools, models, and processes to improve accuracy and efficiency.
  • Support preparation of financial reports, reconciliations, and dashboards.
  • Stay updated with best practices in actuarial and insurance terminology.
  • Mentor and provide guidance to junior team members as needed.

Desired Qualifications

  • Affiliation with IAI or IFOA, with two to six CT actuarial exams.
  • Familiarity with reserving tools such as ResQ and Arius.

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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