Job Description
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, 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, 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.
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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 for US markets
- Manage rate reviews, filings with DOIs and DOI complaints support moderate to complex product initiatives
- Prepare detailed documentation for rate review, and state filing reports and preparing presentations
- Assist in analyzing, identifying and tracking new market trends, including underwriting and rate actions and proposing what actions to take
- Develop and use collaborative relationship to facilitate the accomplishment of working goals
- Facilitate, while working with other departments, in creation of product strategy, countrywide underwriting revisions and countrywide requirement updates
- Assist in audit functions as needed
- Work with Predictive Modeling on finding support and determining new model selections
Key Responsibilities :
Solid understanding of rate tables of other carriers, how those tables are configured and testing of those table. Interacting with clients on regular basis, understanding their requirements and transforming that into business framework and providing actuarial solutionsWorking experience in P&C insurance domain for US insurance markets is a mustUnderstand how Insurance product is developed and deployedExcellent written and verbal communication skillsProviding technical analysis and having the capabilities to explain, discuss with stakeholders independentlyDevelop and maintain python applications and scripts tailored to project requirementsAble to write efficient, scalable and resuable code following best practicesDevelop, enhance, and maintain models, and handle frontend development proceduresAnalyze and revise existing system logic difficulties, and ensure that technical knowledge of all phases of application systems is maintainedExperience in data extraction and data manipulation in ExcelExperience in data control and data automationIn-depth data analysis like identifying major trends, univariate and multi-variate analysisKnowledge of general insurance domain and P&C actuarial concepts is a mustExcellent written and verbal communication skillsCandidate Profile :
Bachelor’s / Master's degree in engineering, economics, mathematics, actuarial sciences, or similar technical degree. Master’s in business or financial management is also suitableAffiliation to IAI or IFOA, with at least 3 actuarial exams2-5 years’ experience, with good understanding of P&C actuarial concepts - pricing, reserving, and / or valuationExposure to US general insurance marketProficiency in Excel and Python (worked on Pandas, NumPy, PySpark & Matplot / Seaborn)Strong ability to learn technical and business knowledgeSuperior analytical and problem solving skillsOutstanding written and verbal communication skillsExcellent time and work management skillsAble to work in fast pace continuously evolving environment and ready to take up uphill challengesIs 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.