Hybrid Senior Actuarial Analyst – Objections

at EXL

• Job title: Senior Actuarial Analyst – Objections
• Job type: Full Time
• Experience level: Senior
• Salary: Not specified
• Degree requirement: Bachelor's Degree
• Tech skills: Python, SQL, Go
• Location requirements: Hybrid, India

About the role

• Sr. Actuarial Analyst handling complex DOI objections across products in the P&C industry. Collaborating with cross-functional teams to execute objection response strategies and mentor junior staff.

Responsibilities

• Handle complex actuarial and methodological DOI objections across products and states.
• Partner with LOB actuarial teams to support Rate indications, Trend selections, Rating relativities, Actuarial justification, Impact assessment, Go / no-go filing decisions
• Define and execute comprehensive objection response strategies that are accurate, consistent, and regulatory-defensible.
• Review, mentor, and approve objection responses prepared by operations analysts and actuarial staff.
• Ensure all responses align with DOI regulations, filing rules, and actuarial standards.
• Act as a key liaison between actuarial, product, compliance, and regulatory teams.
• Identify, categorize, and tag objection themes across filings and states.
• Track mitigation actions and drive continuous improvement in pricing, modeling, and filing strategies.
• Proactively anticipate regulatory concerns and guide teams to reduce objection risk in future filings.
• Be able to look at objection trends received over time, identify patterns and provide recommendations on ways to reduce them in future
• Create automated and/or optimized processes to turn around standard objection responses quickly
• Stay updated with best practices in actuarial methodologies and techniques.
• Mentor and provide guidance to junior team members as needed.

Requirements

• Bachelor’s/Master's degree in engineering, economics, mathematics, actuarial sciences or statistics.
• Affiliation to IAI or IFOA, with 6+ CT actuarial exams will be an added advantage
• 6+ years Actuarial experience in the US P&C insurance industry
• Hands on experience in pricing required
• Excellent project management skills
• Strong understanding of insurance product design, pricing methodologies, and rating structures.
• Deep familiarity with DOI regulations, SERFF filings, and objection patterns across all states.
• Proven experience interpreting and validating Pricing and predictive model outputs, Assumptions and trend selections, Impact and sensitivity analyses
• Ability to translate complex actuarial concepts into clear, regulator-ready communication.
• Excellent strategic thinking and influencing skills across cross-functional teams.
• Experience mentoring and reviewing analytical or actuarial work.
• Advanced skills in Excel, SQL, Python and other relevant tools for data analysis
• Strong sense of collaborative mindset and good team player
• Excellent analytical and problem-solving skills, attention to detail, 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.
• High attention to detail with strong documentation and quality-control mindset.

Benefits

• Proficient in Excel, SERFF, Adobe, Power BI, Tableau, JIRA, DevOps, etc.