7 Actuary jobs in Delhi

• Performing complex actuarial analyses for pricing, reserving, and financial modeling.
• Developing and maintaining actuarial models and databases.
• Assisting in the development of new insurance products and features.
• Analyzing emerging trends and recommending strategies for risk mitigation.
• Ensuring compliance with regulatory requirements and actuarial standards.
• Mentoring and guiding junior actuaries and analysts.
• Presenting findings and recommendations to senior management and stakeholders.
• Collaborating with cross-functional teams to support business objectives.
• Staying abreast of industry best practices and advancements in actuarial science.
• Contributing to process improvements and automation initiatives within the actuarial function.

• Perform complex actuarial calculations and modeling for pricing, reserving, and financial forecasting.
• Develop and maintain actuarial models to assess risk and predict future financial outcomes.
• Analyze policyholder data to identify trends and inform product development and pricing strategies.
• Assist in the preparation of regulatory filings and reports.
• Collaborate with underwriting and product management teams to establish profitable pricing structures.
• Evaluate the financial implications of new products and business initiatives.
• Stay current with actuarial standards of practice, regulations, and industry best practices.
• Utilize actuarial software and programming languages for data analysis and model development.
• Communicate complex actuarial findings clearly and concisely to non-actuarial stakeholders.
• Mentor and guide junior actuarial staff.
• Contribute to the overall financial health and strategic direction of the company.

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
• Progress towards or completion of actuarial designations (e.g., ACAS, FCAS, ASA, FSA) is required.
• Minimum of 5 years of progressive experience in actuarial analysis within the insurance industry.
• Strong proficiency in actuarial modeling software (e.g., Prophet, RADAR) and programming languages (e.g., Python, R, SQL).
• Excellent analytical, problem-solving, and critical thinking skills.
• Demonstrated ability to interpret complex data and translate it into actionable business insights.
• Strong communication and presentation skills, with the ability to explain technical concepts to diverse audiences.
• Experience in a hybrid work environment, demonstrating ability to manage time effectively across remote and office settings.
• Detail-oriented with a commitment to accuracy and quality.
• Knowledge of different insurance lines (e.g., life, health, P&C) is a plus.

EXL’s 15+ years old ACTUARIAL practice is a multi-disciplinary group with an industry focus on the insurance sector (like Property & Casualty, Life Insurance, Health care, Retirement Benefits, Reinsurance). Our actuarial practice has a reputation for strong quantitative expertise and thought leadership in the industry. Through these years, our experienced practitioners have helped clients turn risk into opportunity by pairing science and art to develop solutions to their most pressing challenges around risk and insurance. We allow organizations to optimally balance their key business objectives in the context of their long-term business outlook.

Actuarial - Non Life Reserving General Insurance

Responsibilities:

• Collaborate with the Reserving Team to analyze and estimate reserves for our P&C insurance products, including performing loss reserve reviews and analyses.
• Apply various reserving methods and techniques to estimate liabilities, such as loss development, loss ratio, and loss triangle analyses.
• Analyze data and perform actuarial calculations to assess risks and determine appropriate reserve levels.
• Conduct research and stay updated with industry trends and regulatory changes related to reserving, including Solvency II or IFRS 17 requirements.
• Prepare and present actuarial findings and recommendations to management and other stakeholders.
• Collaborate with other departments, such as underwriting and finance, to ensure reserve estimates align with business goals and financial reporting requirements.
• Assist in the development and enhancement of reserving tools, models, and processes to improve accuracy and efficiency.
• Provide support in the preparation of financial reports, including reserve-related disclosures.
• Stay updated with best practices in actuarial reserving methodologies and techniques.
• Mentor and provide guidance to junior team members as needed.

Qualifications:

• Bachelor’s/Master's degree in engineering, economics, mathematics, actuarial sciences, statistics.
• Affiliation to IAI or IFOA, with at least 8-9 CT actuarial exams, SP7 will be an added advantage
• At least 5yrs+ Actuarial experience in the P&C insurance industry
• Strong reserving experience or good knowledge of reserving methods and techniques.
• Experience with Solvency II or IFRS 17 is a plus.
• Advanced skills in Excel, VBA, SAS, and other relevant tools for data analysis and modeling.
• Excellent analytical and problem-solving skills, with the ability to analyze complex data and make data-driven decisions.
• Strong communication skills, including the ability to effectively communicate 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.

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.

EXL’s 15+ years old ACTUARIAL practice is a multi-disciplinary group with an industry focus on the insurance sector (like Property & Casualty, Life Insurance, Health care, Retirement Benefits, Reinsurance). Our actuarial practice has a reputation for strong quantitative expertise and thought leadership in the industry. Through these years, our experienced practitioners have helped clients turn risk into opportunity by pairing science and art to develop solutions to their most pressing challenges around risk and insurance. We allow organizations to optimally balance their key business objectives in the context of their long-term business outlook.

Actuarial - Non Life Reserving General Insurance

Responsibilities:

• Collaborate with the Reserving Team to analyze and estimate reserves for our P&C insurance products, including performing loss reserve reviews and analyses.
• Apply various reserving methods and techniques to estimate liabilities, such as loss development, loss ratio, and loss triangle analyses.
• Analyze data and perform actuarial calculations to assess risks and determine appropriate reserve levels.
• Conduct research and stay updated with industry trends and regulatory changes related to reserving, including Solvency II or IFRS 17 requirements.
• Prepare and present actuarial findings and recommendations to management and other stakeholders.
• Collaborate with other departments, such as underwriting and finance, to ensure reserve estimates align with business goals and financial reporting requirements.
• Assist in the development and enhancement of reserving tools, models, and processes to improve accuracy and efficiency.
• Provide support in the preparation of financial reports, including reserve-related disclosures.
• Stay updated with best practices in actuarial reserving methodologies and techniques.
• Mentor and provide guidance to junior team members as needed.

Qualifications:

• Bachelor’s/Master's degree in engineering, economics, mathematics, actuarial sciences, statistics.
• Affiliation to IAI or IFOA, with at least 8-9 CT actuarial exams, SP7 will be an added advantage
• At least 5yrs+ Actuarial experience in the P&C insurance industry
• Strong reserving experience or good knowledge of reserving methods and techniques.
• Experience with Solvency II or IFRS 17 is a plus.
• Advanced skills in Excel, VBA, SAS, and other relevant tools for data analysis and modeling.
• Excellent analytical and problem-solving skills, with the ability to analyze complex data and make data-driven decisions.
• Strong communication skills, including the ability to effectively communicate 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.

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.

EXL’s 15+ years old ACTUARIAL practice is a multi-disciplinary group with an industry focus on the insurance sector (like Property & Casualty, Life Insurance, Health care, Retirement Benefits, Reinsurance). Our actuarial practice has a reputation for strong quantitative expertise and thought leadership in the industry. Through these years, our experienced practitioners have helped clients turn risk into opportunity by pairing science and art to develop solutions to their most pressing challenges around risk and insurance. We allow organizations to optimally balance their key business objectives in the context of their long-term business outlook.

Actuarial - Non Life Reserving General Insurance

Responsibilities:

• Collaborate with the Reserving Team to analyze and estimate reserves for our P&C insurance products, including performing loss reserve reviews and analyses.
• Apply various reserving methods and techniques to estimate liabilities, such as loss development, loss ratio, and loss triangle analyses.
• Analyze data and perform actuarial calculations to assess risks and determine appropriate reserve levels.
• Conduct research and stay updated with industry trends and regulatory changes related to reserving, including Solvency II or IFRS 17 requirements.
• Prepare and present actuarial findings and recommendations to management and other stakeholders.
• Collaborate with other departments, such as underwriting and finance, to ensure reserve estimates align with business goals and financial reporting requirements.
• Assist in the development and enhancement of reserving tools, models, and processes to improve accuracy and efficiency.
• Provide support in the preparation of financial reports, including reserve-related disclosures.
• Stay updated with best practices in actuarial reserving methodologies and techniques.
• Mentor and provide guidance to junior team members as needed.

Qualifications:

• Bachelor’s/Master's degree in engineering, economics, mathematics, actuarial sciences, statistics.
• Affiliation to IAI or IFOA, with at least 8-9 CT actuarial exams, SP7 will be an added advantage
• At least 5yrs+ Actuarial experience in the P&C insurance industry
• Strong reserving experience or good knowledge of reserving methods and techniques.
• Experience with Solvency II or IFRS 17 is a plus.
• Advanced skills in Excel, VBA, SAS, and other relevant tools for data analysis and modeling.
• Excellent analytical and problem-solving skills, with the ability to analyze complex data and make data-driven decisions.
• Strong communication skills, including the ability to effectively communicate 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.

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.

• Analyze insurance applications and evaluate complex risks across various lines of business.
• Determine eligibility for coverage, policy terms, conditions, and pricing.
• Develop and apply underwriting guidelines and best practices.
• Conduct in-depth research on applicants, market trends, and industry risks.
• Collaborate with sales and claims departments to provide underwriting expertise.
• Negotiate terms and conditions with brokers and agents.
• Monitor and manage the underwriting portfolio to ensure profitability and compliance.
• Identify opportunities for new product development and process improvements.
• Stay current with changes in legislation, market conditions, and competitor activities.
• Provide training and mentorship to junior underwriters.
• Prepare reports and present findings to senior management.
• Utilize underwriting software and data analysis tools effectively.