Business Analyst – Actuarial Analyst

EXL

Actuarial Analyst supporting P&C loss reserving, regulatory reporting, and reserve analysis at EXL Analytics. Applying actuarial methods and automated workflows to insurance datasets.

Posted 9/10/2026full-timeGurugram • 🇮🇳 IndiaMid-LevelSeniorWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in actuarial methodologies and loss reserving practices, with a strong foundation in data analysis and regulatory reporting. Proficient in collaborating with cross-functional teams to drive insights and support decision-making in the property and casualty insurance domain.

Highest-signal resume keywords

Actuarial Best PracticesP&C Reserving ExperienceData AnalysisRegulatory ReportingCommunication Skills

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Chain Ladder MethodBornhuetter-Ferguson MethodExpected Loss RatioCape Cod MethodBerquist Sherman MethodFrequency/Severity MethodsLoss Development PatternsStatutory ReportingExploratory Data AnalysisReserving Analysis

Soft Skills

Analytical SkillsProblem-Solving SkillsDetail-OrientedOrganizational SkillsTime Management Skills

Tools & Technologies

ResQReserveproArius

Certifications & Qualifications

Bachelor’s DegreeMaster's DegreeIAI AffiliationIFOA AffiliationCAS AffiliationSOA Affiliation

Industry Keywords

P&C InsuranceActuarial SciencesSolvency IIIFRS 4IFRS 17GAAP Reporting

About the role

Key responsibilities & impact

Support quarterly and annual loss reserve analyses using actuarial best practices, including Chain Ladder, Bornhuetter-Ferguson, Expected Loss Ratio, Cape Cod, Berquist Sherman, and Frequency/Severity methods
Prepare and analyze loss development patterns, trend, tail factors, and large loss activity
Identify emerging issues and explain reserve movements, variability, and key drivers
Maintain reserving datasets and assist in building automated analytical workflows
Perform exploratory data analysis to identify emerging loss trends and anomalies
Perform roll-forwards, AvE summaries, and other reserving analysis
Support the timely preparation and submission of statutory and regulatory reports by jurisdiction
Prepare actuarial exhibits, documentation, and reserve memos for reserve committee packs
Work closely with claims, finance, underwriting, and actuarial teams to understand claim development patterns and business changes affecting reserves

Requirements

What you’ll need

Bachelor’s/Master's degree in engineering, economics, mathematics, actuarial sciences, statistics
Affiliation to IAI, IFOA, CAS or SOA with 4+ actuarial exams
0-3 years of experience in P&C reserving and regulatory filings
Knowledge of general insurance domain and P&C actuarial concepts is a must
Experience of Solvency II, IFRS 4, IFRS 17 and/or GAAP reporting is desirable
Working experience in reserving tools such as ResQ, Reservepro, Arius and other relevant tools for data analysis and reserves valuation
Excellent analytical and problem-solving skills, with the ability to analyze large datasets and make data-driven decisions
Strong communication skills, including the ability to effectively communicate complex 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

Benefits

Comp & perks

Training in all aspects of analytics and leading analytical tools and techniques
Mentoring program with guidance/coaching from senior-level professionals
Junior employees assigned a senior-level professional as advisor