Lead Assistant Manager

EXL Decision Analytics

EXL (NASDAQ:EXLS) is a leading operations management and analytics company that helps businesses enhance growth and profitability in the face of relentless competition and continuous disruption. Using our proprietary, award-winning Business EXLerator Framework™, which integrates analytics, automation, benchmarking, BPO, consulting, industry best practices and technology platforms, we look deeper to help companies improve global operations, enhance data-driven insights, increase customer satisfaction, and manage risk and compliance. EXL serves the insurance, healthcare, banking and financial services, utilities, travel, transportation and logistics industries. Headquartered in New York, New York, EXL has more than 24,000 professionals in locations throughout the United States, Europe, Asia (primarily India and Philippines), Latin America, Australia and South Africa.

EXL Analytics provides data-driven, action-oriented solutions to business problems through statistical data mining, cutting edge analytics techniques and a consultative approach. Leveraging proprietary methodology and best-of-breed technology, EXL Analytics takes an industry-specific approach to transform our clients’ decision making and embed analytics more deeply into their business processes. Our global footprint of nearly 2,000 data scientists and analysts assist client organizations with complex risk minimization methods, advanced marketing, pricing and CRM strategies, internal cost analysis, and cost and resource optimization within the organization. EXL Analytics serves the insurance, healthcare, banking, capital markets, utilities, retail and e-commerce, travel, transportation and logistics industries.

Please visit www.exlservice.com for more information about EXL Analytics.

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 (premium trends, pricing, planning, etc.) for US markets
• Critically examine and deep dive into models
• Work may involve and not limited detailed documentation for rate revision, rate review, pricing models, valuation reports and preparing presentations
• Involve in insurance ratemaking-calculation of the indicated rate level change for a segment of an insurer’s book of business
• Work with finance teams for actuarial inputs
• Need to work on starting point for determining the indicated rate level change (typically a collection of historical data showing dollar amounts) of premiums and losses
• Create summary of expense provisions
• Run scenarios to be shared with chief actuary or lead or finance teams
• Collaborate with data analyst, data scientist in the team to make them understand on actuarial concepts
• Identify and participate in continuous improvement initiatives
• Ensure compliance with Data Privacy and Protection Guidelines.

Key Responsibilities:

• Complete understanding of the current state of affairs and problem statement
• Interacting with clients on regular basis, understanding their requirements and transforming that into business framework and providing actuarial solutions
• Experience in data extraction and data manipulation in Excel, R, Python, SAS
• 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 US insurance markets
• Knowledge of general insurance domain and P&C actuarial concepts is a must
• Excellent written and verbal communication skills

Candidate Profile:

• Bachelor’s/Master's degree in economics, mathematics, actuarial sciences
• Good to have IAI or IFOA and candidates having cleared 2-4 CT exams will be preferred.
• 3-5 years’ experience, with good understanding of P&C actuarial concepts - pricing, reserving and valuation
• Exposure to US general insurance market is preferable
• Strong ability to learn technical and business knowledge
• Superior analytical and problem-solving skills
• 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

What we offer:

• EXL Analytics offers an exciting, fast paced and innovative environment, which brings together a group of sharp and entrepreneurial professionals who are eager to influence business decisions. From your very first day, you get an opportunity to work closely with highly experienced, world class analytics consultants.
• You can expect to learn many aspects of businesses that our clients engage in. You will also learn effective teamwork and time-management skills - key aspects for personal and professional growth
• Analytics requires different skill sets at different levels within the organization. At EXL Analytics, we invest heavily in training you in all aspects of analytics as well as in leading analytical tools and techniques.
• We provide guidance/ coaching to every employee through our mentoring program wherein every junior level employee is assigned a senior level professional as advisors.
• Sky is the limit for our team members. The unique experiences gathered at EXL Analytics sets the stage for further growth and development in our company and beyond.

"EOE/Minorities/Females/Vets/Disabilities"