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EXL

Analyzes business data and runs outsourced operations

Lead Assistant Manager

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 Actuarial Science, Mathematics, Statistics, Economics, Engineering, Data Science, or a related quantitative discipline.
  • Affiliation with IAI, IFOA, CAS, or another recognized actuarial body, with progress in actuarial examinations.
  • 3–5 years of experience in Commercial P&C actuarial pricing, renewal analytics, portfolio management, or predictive modeling.
  • Exposure to US Commercial Lines insurance markets, including BOP, CPP, Commercial Auto, Workers Compensation, and General Liability.
  • Strong understanding of actuarial pricing concepts, including rate indications, loss cost modeling, retention analysis, and profitability management.
  • Experience with HX Renew or comparable insurance pricing and rating platforms is highly preferred.
  • Proficiency in Excel and at least one programming language or tool such as Python, SAS, R, SQL, or VBA.
  • Strong understanding of Commercial Lines rating structures, rate tables, pricing algorithms, and renewal pricing methodologies.
  • Experience working with HX Renew and insurance pricing and rating platforms.
  • Strong analytical, problem-solving, and data interpretation skills.
  • Ability to manage multiple priorities in a fast-paced and evolving environment.
  • Excellent stakeholder management and client-facing communication skills.
  • Experience working in cross-functional and global teams.
  • Excellent time and work management skills, with a strong focus on quality and delivery.
  • Ability to take ownership of complex actuarial and pricing initiatives.
  • Excellent written and verbal communication skills, with the ability to explain complex actuarial concepts to non-technical audiences.

Responsibilities

  • Develop and maintain renewal pricing and actuarial analyses for Commercial Lines insurance portfolios using HX Renew and related pricing platforms.
  • Perform independent research, data analysis, and portfolio reviews to support renewal pricing strategies and business objectives.
  • Work with actuarial, underwriting, product management, and client teams to evaluate renewal performance and recommend pricing actions.
  • Analyze renewal retention, rate adequacy, profitability trends, and policyholder behavior across Commercial Lines portfolios.
  • Support pricing model implementation, testing, validation, and deployment within HX Renew and associated rating systems.
  • Prepare detailed documentation, actuarial reports, pricing recommendations, and management presentations.
  • Monitor competitor pricing activities, market trends, emerging risks, and underwriting actions to support strategic decision-making.
  • Collaborate with underwriting, product, and technology teams on pricing enhancements, workflow improvements, and regulatory initiatives.
  • Support state filing activities, pricing governance reviews, model validation exercises, and audit requirements.
  • Contribute to developing and maintaining rating algorithms, pricing models, renewal optimization frameworks, and actuarial tools.
  • Analyze renewal business performance, including retention, premium change, rate change, loss ratio, renewal conversion, and profitability metrics.
  • Interact regularly with clients and business stakeholders to gather requirements and translate them into actuarial and pricing solutions.
  • Support rate reviews, pricing indications, renewal monitoring, and portfolio management initiatives.
  • Perform pricing model testing, validation, implementation support, and post-deployment monitoring.
  • Conduct advanced data analysis, including trend studies, predictive insights, segmentation analysis, and profitability assessment.
  • Work with underwriting and product teams to evaluate the impact of pricing changes on customer retention and profitability.
  • Ensure pricing solutions comply with regulatory requirements, governance standards, and actuarial best practices.

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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