EXL
Posted 11mo ago

Manager

EXL
India
HybridFull Time
Responsibilities
  • build models
  • interact clients
  • perform testing
Requirements
  • 3-10 years actuarial experience in life insurance
  • US/India markets
  • US GAAP LDTI knowledge
  • SQL/Python/R
  • Actuarial modeling and reporting
Technical tools mentioned
SQLPythonRMG AlphaGGY AxisProphetActuarial Modeling Tools

Job description

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: ;3-10 years’ of actuarial experience in life insurance.Should have passed 4-12 actuarial exams.Experience of working in international markets such as US. Experience with Indian market will also be preferred. Good working knowledge of US-GAAP LDTI is preferable.Must have exposure in data handling, actuarial modeling, experience analyses, EV reporting, statutory reporting, ALM and model testing & validation.Experience working with GGY Axis, MG Alpha and Prophet will be an added advantage. Experience in SQL/Python/R is desirable but not mandatory.Advanced life insurance and actuarial knowledge, strong technical, analytical, problem solving and interpersonal skills, effective communicator to superiors, peers and subordinate, good command of the ;English language.Must contribute towards new business development such as assessing pain areas for our clients, generating solutions for clients.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 statementInteracting with clients on regular basis, understanding their requirements and transforming that into business framework and providing actuarial solutionsWork on transformation/automation initiative.Build actuarial models for life insurance products.Perform UAT testing, Unit testing, regression testing etc. for Actuarial model testing & validation.Excellent written and verbal communication skills ;Candidate Profile:Bachelor’s/Master's degree in economics, mathematics, actuarial sciences.Affiliation to IAI, SoA or IFOA. ;At least 3-10 years’ experience, with good understanding of Life products - pricing, experience studies, modeling, reserving and valuation.Exposure to US life insurance market is preferable.Experience of working in international markets such as US or India. Good working knowledge of US-GAAP LDTI is preferable but not mandatory.Exposure to polysystem, MG Alpha, GGY Axis, Prophet and/or any other modelling tool will be an added advantage. Experience in SQL/Python/R is desirable but not mandatory.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. ;

About Company

EXL is the indispensable partner for leading businesses in data-led industries such as insurance, banking and financial services, healthcare, retail and logistics. We bring a unique combination of data, advanced analytics, digital technology and industry expertise to help our clients turn data into insights, streamline operations, improve customer experience, and transform their business. Our partnerships with clients are built on a foundation of collaboration – and we’ve been chosen as a partner by nine of the top ten leading US insurance companies, nine of the top 20 global banks, and six of the top ten US health care payers. We function as one team to make your goals our goals, whether that’s unlocking the value of generative AI or embedding analytics into workflows that reduce risk or power your growth. Clients choose EXL as their transformation partner for many reasons. Our geographic diversity make talent all over the world instantly accessible. Digital accelerators enable unmatched speed-to-value, letting you realize results fast. It’s our people that truly set us apart, though, including the 1,500 data scientists we have dedicated to our generative AI practice. And our more than twenty years of experience in delivering business services, garnering stellar client references, and maintaining a solid balance sheet are reassuring to our C-suite clients. Find out for yourself why clients, employees, and analysts think we’re some of the best in the business. Contact us to see how we can help you achieve your goals.

About EXL

Provides data analytics and digital operations solutions to businesses.

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