- Develop and maintain renewal pricing and actuarial analyses for Commercial Lines insurance portfolios using HX Renew and related pricing platforms
- Perform independent research, data analysis, and portfolio reviews to support renewal pricing strategies and business objectives
- Work closely with actuarial, underwriting, product management, and client teams to evaluate renewal performance and recommend pricing actions
- Analyze renewal retention, rate adequacy, profitability trends, and policyholder behavior across Commercial Lines portfolios
- Support pricing model implementation, testing, validation, and deployment within HX Renew and associated rating systems
- Prepare detailed documentation, actuarial reports, pricing recommendations, and management presentations
- Assist in monitoring competitor pricing activities, market trends, emerging risks, and underwriting actions to support strategic decision-making
- Collaborate with underwriting, product, and technology teams on pricing enhancements, workflow improvements, and regulatory initiatives
- Support state filing activities, pricing governance reviews, model validation exercises, and audit requirements
- Contribute to development and maintenance of rating algorithms, pricing models, renewal optimization frameworks, and actuarial tools
- Strong understanding of Commercial Lines rating structures, rate tables, pricing algorithms, and renewal pricing methodologies
- Experience working with HX Renew and insurance pricing and rating platforms
- Analyze renewal business performance including retention, premium change, rate change, loss ratio, renewal conversion, and profitability metrics
- Interact with clients and business stakeholders regularly to gather requirements and translate them into actuarial and pricing solutions
- Support rate reviews, pricing indications, renewal monitoring, and portfolio management initiatives
- Perform pricing model testing, validation, implementation support, and post-deployment monitoring
- Conduct advanced data analysis, including trend studies, predictive insights, segmentation analysis, and profitability assessment
- Work with underwriting and product teams to evaluate impacts of pricing changes on customer retention and profitability
- Ensure pricing solutions comply with regulatory requirements, governance standards, and actuarial best practices
Excellent written and verbal communication skills with ability to explain complex actuarial concepts to non-technical audiences
Qualifications- Bachelor's/Master's degree in Actuarial Science, Mathematics, Statistics, Economics, Engineering, Data Science, or a related quantitative discipline
- Affiliation with IAI, IFOA, CAS, or other recognized actuarial bodies with progress in actuarial examinations
- 3-5 years of experience in Commercial P&C actuarial pricing, renewal analytics, portfolio management, or predictive modeling
- Exposure to US Commercial Lines insurance markets, including products such as BOP, CPP, Commercial Auto, Workers Compensation, and General Liability
- Strong understanding of actuarial pricing concepts including rate indications, loss cost modeling, retention analysis, and profitability management
- Experience with HX Renew or comparable insurance pricing and rating platforms is highly preferred
- Proficiency in Excel and at least one programming language/tool such as Python, SAS, R, SQL, or VBA
- Strong analytical, problem-solving, and data interpretation skills
- Ability to manage multiple priorities in a fast-paced and evolving environment
- Excellent stakeholder management and client-facing communication skills
- Experience working in cross-functional and global teams
- Excellent time and work management skills with a strong focus on quality and delivery
- Self-driven individual with the ability to take ownership of complex actuarial and pricing initiatives
Skills Required
- Bachelor's or master's degree in Actuarial Science, Mathematics, Statistics, Economics, Engineering, Data Science, or a related quantitative discipline
- Affiliation with IAI, IFOA, CAS, or another recognized actuarial body, with progress in actuarial examinations
- 3-5 years of experience in Commercial P&C actuarial pricing, renewal analytics, portfolio management, or predictive modeling
- Exposure to US Commercial Lines insurance markets, including BOP, CPP, Commercial Auto, Workers Compensation, or General Liability
- Strong understanding of actuarial pricing concepts, rate indications, loss cost modeling, retention analysis, and profitability management
- Experience with HX Renew or comparable insurance pricing and rating platforms
- Proficiency in Excel and at least one of Python, SAS, R, SQL, or VBA
- Strong analytical, problem-solving, and data interpretation skills
- Ability to manage multiple priorities in a fast-paced and evolving environment
- Excellent stakeholder management and client-facing communication skills
- Experience working in cross-functional and global teams
- Excellent written and verbal communication skills, including explaining complex actuarial concepts to nontechnical audiences
- Excellent time and work management skills with a strong focus on quality and delivery
- Self-driven ability to take ownership of complex actuarial and pricing initiatives
EXL Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about EXL and has not been reviewed or approved by EXL.
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Healthcare Strength — Medical plan options include HSA, HRA, and PPO choices, with additional health-related programs such as disability coverage and an employee assistance program. Feedback suggests these options provide meaningful flexibility and coverage breadth for many roles.
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Leave & Time Off Breadth — Up to 20 days of paid time off, plus federal holidays and paid sick and safe time, are highlighted. Feedback suggests this leave structure is a notable benefit alongside core compensation.
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Retirement Support — A traditional and Roth 401(k) with up to a 3% company match and full vesting after one year is described. Feedback suggests this match and vesting timeline help bolster long-term savings.
EXL Insights
What We Do
Choosing a digital partner is about more than capabilities — it’s about collaboration and character. Unrealistic overhauls and off-the-shelf products ignore what matters most — your unique needs, culture, goals, and your legacy data and technology environments. At EXL, our collaboration is built on ongoing listening and learning to adapt our methodologies. We’re your business evolution partner—tailoring solutions that make the most of data to make better business decisions and drive more intelligence into your increasingly digital operations. Whether your goals are scaling the use of AI and digital, redesign operating models, or driving better and faster decisions, we’re here to partner with you to help you gain—and maintain—competitive advantage with efficient, sustainable models at scale. Our expertise in transformation, data science, and change management helps make your business more efficient and effective, improve customer relationships and enhance revenue growth. Instead of focusing on multi-year, resource- and time-intensive platform designs or migrations, we look deeper at your entire value chain to integrate strategies with impact. We use our specialization in analytics, digital interventions, and operations management—alongside deep industry expertise — to deliver solutions that help you outperform the competition. At EXL, it’s all about outcomes—your outcomes—and delivering success on your terms. Share your goals with us and together, we’ll optimize how you leverage data to drive your business forward. For more information, visit www.exlservice.com.
