Business analyst-Actuarial Analyst

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. 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. 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.