Consultant || ,Rate Filling

EXL is seeking a Part Qualified or Nearly Qualified Actuary to support U.S. Property & Casualty (P&C) insurance pricing, ratemaking, regulatory filings, and portfolio monitoring . The role involves developing actuarially sound rate indications, preparing rate filings for U.S. insurance regulators, analyzing portfolio performance, and collaborating with underwriting, claims, compliance, and data teams to drive profitable growth. 1. Rate Indications & Pricing Support Develop actuarially sound rate indications. Perform trend, loss development, exposure, and profitability analyses. Support pricing model and rating algorithm development. Recommend pricing strategies to improve profitability and growth. Conduct competitive and market research. Collaborate with Underwriting, Claims, Compliance, and Reserving teams. Monitor pricing effectiveness and recommend improvements. 2. Rate Filing Development & Regulatory Compliance Prepare and submit rate filings to U.S. State Insurance Departments. Draft actuarial memorandums and supporting documentation. Ensure compliance with: NAIC ISO NCCI State DOI requirements Respond to regulatory objections and interrogatories. Support implementation of approved rate changes. 3. Rate Retention & Portfolio Monitoring Create monthly rate monitoring and retention reports. Track: Achieved rate changes Retention trends Premium growth Policy count movements Analyze customer retention following rate changes. Identify drivers behind performance variances. Automate reporting and monitoring processes. Build scalable reporting frameworks and datasets. Education Bachelor's or Master's degree in: Actuarial Science Mathematics Statistics Economics Engineering Professional Qualifications Affiliation with IAI, IFoA, CAS, or SOA 8+ actuarial exams completed Part Qualified or Nearly Qualified Actuary Experience 4-6 years of actuarial experience Preferred experience in: U.S. P&C Insurance Ratemaking Pricing Regulatory Filings Technical Skills Advanced Excel VBA SAS SQL R Python Power BI QlikView Soft Skills Strong analytical and problem-solving abilities Excellent communication skills Stakeholder management Team collaboration Ability to work independently