Senior Actuarial Analyst

Job Summary - We are seeking an experienced Sr. Actuarial Analyst to join our team, focusing on risk monitoring, profitability analysis, and other key actuarial functions. This role involves conducting in-depth reviews of insurance product profitability, assessing portfolio risk, and working closely with various teams to support sound underwriting and pricing decisions. The ideal candidate will bring a blend of technical actuarial skills, analytical expertise, and experience within the general insurance industry, particularly in Property & Casualty (P&C). Key Responsibilities - Data extraction and preparation for pricing studies and analysis ​ - Provide Pricing guidance and consulting services to different data, infrastructure and IT team - Help Data team in developing data mart and recommending data elements to be included for use case enablement – Pricing, Rating , Filing etc. - Present actionable insights, recommendations and finding to Actuaries and Data team (leadership) - Develop project plan , execute and help in delivery excellence - Conduct market and competitor research esp. filing material​ - Support filing activities including indications, base rate changes, rate monitoring, dislocations etc. ​ - Prepare filing exhibits or regulatory requirement exhibits​ - Develop internal QC processes to ensure filing accuracy and quality​ - Train and upskill team members in new rating and filing tools & techniques​ - Identify process enhancements opportunities and propose automation-based solutions​ - Apply actuarial pricing techniques of exposure and experience rating based on data quality and availability​ - Understand and incorporate product changes, rating factors and other inputs to develop new rates or revise existing rates​ - Coordinate with product owners to understand pricing requirements and timelines​ - Support actuarial data processing involving loss development, trend analysis and IBNR allocation​ - Support data extraction, analysis and transformation to produce final datasets for downstream analysis​ - Apply advanced statistical techniques like GLMs, XGBoost, Lasso etc. to build predictive models​ - Understand and incorporate external factors like inflation, CAT impact etc.to produce comprehensive rates - Cross-Functional Collaboration: - Partner with underwriting, finance, and data analytics teams to align on product goals and refine risk management strategies. - Present findings to senior leadership, translating complex actuarial concepts into actionable insights. Qualifications - Bachelors degree in actuarial science, Mathematics, Statistics, or a related field; completion of actuarial exams with ASA or FSA designation preferred. - Extensive experience in P&C Actuarial Pricing – LC Modeling, Rate revisions, indications, Rate monitoring etc. - Experience working with large data – Policy, claims , external data - Proven expertise in risk assessment, monitoring, and profitability review. - Strong analytical and quantitative skills, with proficiency in actuarial modeling software (e.g., R, SAS, Python) and Excel. - Working experience with insurance regulations, rate filings, and compliance requirements. - Excellent communication and interpersonal skills, with the ability to explain complex concepts to non-technical stakeholders. - Ability to work independently and collaboratively in a fast-paced, dynamic environment. Originally posted on Himalayas