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Job Title


Actuarial Modeller - Non-Life Pricing P&C General Insurance


Company : EXL


Location : Ajmer, Rajasthan


Created : 2025-05-20


Job Type : Full Time


Job Description

EXL’s 15+ years old ACTUARIAL practice is a multi-disciplinary group with an industry focus on the insurance sector (like Property & Casualty, Life Insurance, Health care, Retirement Benefits, Reinsurance). Our actuarial practice has a reputation for strong quantitative expertise and thought leadership in the industry. Through these years, our experienced practitioners have helped clients turn risk into opportunity by pairing science and art to develop solutions to their most pressing challenges around risk and insurance. We allow organizations to optimally balance their key business objectives in the context of their long-term business outlook.At EXL, our collaboration is built on ongoing listening and learning to adapt our methodologies. We are extremely proud of our differentiated workforce that totals more than 54,000+ professionals, spread across global delivery centers and supports 25+ languages. Please visit for more information about EXL Analytics.Please visit for more information about EXLRole Overview:• Lead the implementation of pricing solution, ensuring seamless integration with existing systems.• 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 for US markets• Critically examine and deep dive into models• Prepare detailed documentation for rate revision, rate review, pricing models, valuation reports and preparing presentations.• Preferably EMBLEM/ RADAR/ Earnix/ Predictive Modelling/ Python models/ GLMs and GBMs P&C GI & Healthcare background people can also apply • Assist in learning and development of new team members• Identify and participate in continuous improvement initiatives• Ensure compliance with Data Privacy and Protection GuidelinesKey Responsibilities:• Conduct pricing analysis and develop actuarial models to forecast potential risks and returns.• Collaborate with underwriting teams to establish pricing guidelines and ensure compliance with regulations.• Monitor and evaluate market trends to make informed pricing decisions.• Act as a subject matter expert, assisting the sales team to find the best use cases for any pricing modelling software.• Provide training and support to internal teams.• Recommend new features and improvements to the platform based on client feedback and industry trends• Experience in data extraction and data manipulation in Excel, R, Python, SAS• 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 skillsCandidate Profile:• Bachelor’s/Master's degree in economics, mathematics, actuarial sciences• Affiliation to IAI or IFOA, with at least 5-9 CT actuarial exams. SP8 is an added advantage.• 3+ years’ experience, with good understanding of P&C actuarial concepts - pricing models• Exposure to US/UK/APAC 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 globeWhat 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 growthAnalytics 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.