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Manager
7-10 years
₹ 9.35 - 23.1L/yr (AmbitionBox estimate)
This is an estimate of the average salary range for this
position. It has not been reviewed by the company, and
the actual salary may differ.
Gurgaon / Gurugram
1 vacancy
Manager
EXL Service
posted 30d ago
Job Description
EXL (NASDAQ:EXLS) is a leading operations management and analytics company that helps businesses enhance growth and profitability in the face of relentless competition and continuous disruption. Using our proprietary, award-winning Business EXLerator Framework, which integrates analytics, automation, benchmarking, BPO, consulting, industry best practices and technology platforms, we look deeper to help companies improve global operations, enhance data-driven insights, increase customer satisfaction, and manage risk and compliance. EXL serves the insurance, healthcare, banking and financial services, utilities, travel, transportation and logistics industries. Headquartered in New York, New York, EXL has more than 24,000 professionals in locations throughout the United States, Europe, Asia (primarily India and Philippines), Latin America, Australia and South Africa.
EXL Analytics provides data-driven, action-oriented solutions to business problems through statistical data mining, cutting edge analytics techniques and a consultative approach. Leveraging proprietary methodology and best-of-breed technology, EXL Analytics takes an industry-specific approach to transform our clients decision making and embed analytics more deeply into their business processes. Our global footprint of nearly 2,000 data scientists and analysts assist client organizations with complex risk minimization methods, advanced marketing, pricing and CRM strategies, internal cost analysis, and cost and resource optimization within the organization. EXL Analytics serves the insurance, healthcare, banking, capital markets, utilities, retail and e-commerce, travel, transportation and logistics industries.
Please visit for more information about EXL Analytics.
Role Overview:
- 7+ years of actuarial experience in life insurance.
- Should have passed 11 actuarial exams preferably from SoA, IFoA or IAI- equivalent to AIA / ASA
- Experience of working in US life insurance industry.
- Exposure in actuarial modeling in MGALFA / Prophet with above average modelling skills.
- Assist the Model Development team to code Interest Sensitive Life blocks of business into existing MG-ALFA models.
- Assist the Model Development team to integrate FAS60 blocks of business into existing MGALFA models for LDTI reporting
- Support the Model Development team in preparing MG-ALFA models for use in quarterly valuation. Support the Model Production team in producing quarterly valuation results as needed.
- Modeling and analysis of product cash flows and associated risks to support regulatory requirements and strategic business needs.
- Advanced life insurance and actuarial knowledge, strong technical, analytical, problem solving and interpersonal skills, effective communicator to superiors, peers and subordinate.
- Assist in learning and development of team members
- Good VBA skills
- Excellent business skills leading to understanding of clients requirements
Key Responsibilities:
- Complete understanding of the current state of affairs and problem statement
- Interacting with clients on regular basis, understanding their requirements and transforming that into business framework and providing actuarial solutions
- Initiate and lead process transformation/automation initiative.
- Provide coaching to team on build actuarial models for annuities, retirement, term product etc.
- Provide coaching to team on build actual L&A models, testware, challenger model and perform UAT testing, Unit testing, regression testing etc. for Actuarial model testing & validation.
- Excellent written and verbal communication skills
Candidate Profile:
- Bachelors/Master's degree in economics, mathematics, actuarial sciences.
- Affiliation to SoA, IAI or IFOA. Preferably an associate actuary.
- At least 5+ years experience in modeling, with good understanding of US Life products. Must also have exposure in either - pricing, modeling, reserving and valuation
Exposure to US life insurance market is preferable.
- Experience of working in international markets such as US or India. Good working knowledge of PBR, US-GAAP LDTI.
- Must have exposure in actuarial modeling, model testing & validation.
- Experience working with atleast one of MGALFA , Axis, Prophet is mandatory. Experience in SQL/Python/R is desirable but not mandatory.
- Strong ability to learn technical and business knowledge
- Superior analytical and problem solving skills
- Outstanding written and verbal communication skills
- Able to work in fast pace continuously evolving environment and ready to take up uphill challenges
- Is able to understand cross cultural differences and can work with clients across the globe
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.
Employment Type: Full Time, Permanent
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People are getting interviews at EXL Service through
People are getting interviews through
(based on 469 EXL Service interviews)
Job Portal
Campus Placement
Walkin
Referral
Company Website
Recruitment Consultant
30%
16%
15%
14%
4%
4%
17% candidates got the interview through other sources.
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Confidence
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What people at EXL Service are saying
Rating based on 87 Manager
reviews
Anonymous · Software Development
in Bengaluru
Likes
High skill development opportunities, company provides a great opportunity for learning and growth with exposure to challenging projects
Dislikes
Poor work life balance and management issues
Read 87 reviewsManager salary at EXL Service
reported by
1k
employees
with 4-17
years exp.
₹8.6
L/yr - ₹32.5
L/yr
26%
more
than the average Manager Salary in India
View more details
What EXL Service employees are saying about work life
based on 6.7k employees
Flexible timing
Monday to Friday
No travel
Day Shift
EXL Service Benefits
Submitted by Company
Life Insurance Disability Insurance Critical Illness Insurance Dental Insurance & Vision Insurance Parental leave Your time and your family
Submitted by Employees
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EXL Service Gurgaon / Gurugram Office Locations
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2nd/3rd Floor, DLF Center Court, Sector 48, Haryana, India
Gurgaon
122002
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Building Block 1, Zone 6, Main Sector Road, DLF Phase 5, India
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