Business analyst-Actuarial Analyst
Job Fit Check
Base Career helps you apply smarter for this job.
About the Role
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. 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.
Full Job Posting
Responsibilities
- Support quarterly and annual loss reserve analyses using actuarial best practices (such as Chain Ladder, Bornhuetter-Ferguson, Expected Loss Ratio, Cape Cod, Berquist Sherman, Frequency /Severity methods).
- Prepare and analyze loss development patterns, trend, tail factors, and large loss activity.
- Identify emerging issues and explain reserve movements, variability, and key drivers.
- Maintain reserving datasets and assist in building automated analytical workflows.
- Perform exploratory data analysis to identify emerging loss trends and anomalies.
- Perform roll-forwards, AvE summaries, and other reserving analysis.
- Support the timely preparation and submission of statutory and regulatory reports, basis jurisdiction.
- Prepare actuarial exhibits, documentation, and reserve memos for reserve committee packs.
- Work closely with claims, finance, underwriting, and actuarial teams to understand claim development patterns and business changes affecting reserves.
- - Support quarterly and annual loss reserve analyses using actuarial best practices (such as Chain Ladder, Bornhuetter-Ferguson, Expected Loss Ratio, Cape Cod, Berquist Sherman, Frequency /Severity methods). - Prepare and analyze loss development patterns, trend, tail factors, and large loss activity. - Identify emerging issues and explain reserve movements, variability, and key drivers. - Maintain reserving datasets and assist in building automated analytical workflows. - Perform exploratory data analysis to identify emerging loss trends and anomalies. - Perform roll-forwards, AvE summaries, and other reserving analysis. - Support the timely preparation and submission of statutory and regulatory reports, basis jurisdiction. - Prepare actuarial exhibits, documentation, and reserve memos for reserve committee packs. - Work closely with claims, finance, underwriting, and actuarial teams to understand claim development patterns and business changes affecting reserves.
Qualifications
- Bachelor’s/Master's degree in engineering, economics, mathematics, actuarial sciences, statistics.
- Affiliation to IAI, IFOA, CAS or SOA with 4+ actuarial exams.
- 0-3 years of experience in P&C reserving and regulatory filings.
- Knowledge of general insurance domain and P&C actuarial concepts is a must.
- Experience of Solvency II, IFRS 4, IFRS 17 and/or GAAP reporting is desirable.
- Working experience in reserving tools such as ResQ, Reservepro, Arius and other relevant tools for data analysis and reserves valuation.
- Excellent analytical and problem-solving skills, with the ability to analyze large datasets and make data-driven decisions.
- Strong communication skills, including the ability to effectively communicate complex actuarial concepts to both 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.
- - Bachelor’s/Master's degree in engineering, economics, mathematics, actuarial sciences, statistics. - Affiliation to IAI, IFOA, CAS or SOA with 4+ actuarial exams. - 0-3 years of experience in P&C reserving and regulatory filings. - Knowledge of general insurance domain and P&C actuarial concepts is a must. - Experience of Solvency II, IFRS 4, IFRS 17 and/or GAAP reporting is desirable. - Working experience in reserving tools such as ResQ, Reservepro, Arius and other relevant tools for data analysis and reserves valuation. - Excellent analytical and problem-solving skills, with the ability to analyze large datasets and make data-driven decisions. - Strong communication skills, including the ability to effectively communicate complex actuarial concepts to both 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.
About EXL
EXL is a global data and AI company that provides analytics, digital operations, and industry-specific services to enterprises in insurance, healthcare, banking, retail, media, and energy.
Visit company websiteApply for this job in 1 click
Skip the repetitive application forms
Install the Base Career Chrome Extension and autofill job applications across major job boards with your profile.
Trusted by over 500,000 job seekers on Base Career
More from this employer
More jobs at EXL
Lead Assistant Manager-Auditors-Surgery
Chennai, IND
Experienced Quality Auditor – Lead and manage medical Coding professional with CPC certification and a minimum of 3+ years of post-certification coding experience. The ideal candidate must have strong expertise in IVR co
Senior Manager
Chennai, IND
Professionals in this group are responsible for monitoring the scrum processes and scrum meetings. They increase team efficiency, motivate their team, and argue for changes that ensure quality and timeliness. The project
Lead Assistant Manager
Noida, IND
• Should have very good understanding of US insurance and Insurance Finance • Should have worked for various LOB’s such as Auto, GL, Property, WC etc. • Should have fair amount of exposure on both Commercial and Personal
Lead Assistant Manager
Noida, IND
Perform monthly, quarterly, and annual close activities for External Reinsurance operations across multiple Property & Casualty (P&C) entities. Prepare and review GL, subledger, payment tracker, and profit share reconcil
Network Operation Specialist
Noida, IND
EXL is seeking a telecom network operations professional to manage enterprise capacity planning, demand forecasting, circuit commissioning, provider governance, cost optimization, and service delivery. The role supports
Full Stack Engineer
, IND
Lead the development and maintenance of complex software applications. Duties include designing application architecture, guiding junior engineers, and ensuring high-quality deliverables. You will work closely with stake
Lead Assistant Manager-Auditors-Surgery
Chennai, IND
Senior Manager
Chennai, IND
Lead Assistant Manager
Noida, IND
Lead Assistant Manager
Noida, IND
Network Operation Specialist
Noida, IND
240923-Assistant Manager
Noida, IND
Full Stack Engineer
, IND
AWS Data Engineer
Noida, IND