Manager

Xceedance; Bengaluru; On-site; INR 1,500,000 - 2,500,000; Full time

Job summary

Xceedance, a global actuarial and analytics services firm, Bengaluru-based, is seeking an Actuary pricing specialist with 6–8 years of P&C pricing experience. You will act as SME for commercial and specialty lines pricing, lead rate-making, and maintain pricing models across client portfolios.

You will drive modern pricing capability development, apply AI-enabled workflows, and ensure governance, quality, and regulatory alignment while engaging senior stakeholders and delivering actionable

Qualifications

• Qualified or pursuing actuary credentials (IFoA/CAS/IAI or equivalent).
• 6–8 years P&C pricing experience.
• Deep exposure to US/UK/Europe markets.
• Experience with AI/ML in pricing context.

Responsibilities

• Act as SME for commercial and specialty lines pricing across client portfolio.
• Lead product development, rate-making, and pricing strategy.
• Build, review and maintain pricing models and rating engines.
• Establish and enforce model governance: documentation standards, logs, validation and peer review.

Skills

Python

R

SAS

SQL

Excel

Education

Actuary credentials

Tools

Pricing models

Job description

Xceedance is a global provider of strategic consulting and managed services, technology, data sciences, and blockchain solutions to insurance organizations. Domiciled in Bermuda, with offices in the United States, United Kingdom, Liechtenstein, Switzerland, Poland, India, and Australia, Xceedance helps insurers launch new products, drive operations, implement intelligent technology, deploy advanced analytic capabilities, and achieve business process optimization. Led by the Chief Actuary, Xceedance recently announced the expansion of global Actuarial and Analytics (A&A) Services to better align with the strategic objectives and commitments of insurance organizations. The expanded capabilities feature advisory, consulting, staff enablement and technology enablement services.

About the Role

The role involves pricing subject-matter expertise, advanced pricing capability development, client engagement and advisory, and project governance and operational excellence.

Responsibilities

Pricing Subject-Matter Expertise — Commercial & Specialty Lines

• Act as SME for commercial and specialty lines pricing across the client portfolio, setting the technical approach and owning the quality of the deliverables.
• Lead product development, rate-making, and pricing strategy.
• Build, review and maintain pricing models and rating engines.
• Establish and enforce model governance: documentation standards, assumption logs, validation and peer review, version control and audit trails.
• Own portfolio monitoring: rate adequacy and rate change analysis, loss ratios, dislocation and disruption analysis, and early-warning diagnostics that flag deterioration before it reaches the results.
• Support regulatory product/rate filing and compliance requirements.

Advanced Pricing Capability Development

• Drive the modernisation of our pricing capability — designing digital, automated and AI-enabled actuarial workflows that replace manual, spreadsheet-bound processes.
• Build reusable assets: pricing model templates, rating plan libraries, automated data pipelines, monitoring dashboards and standardised reporting packs.
• Apply machine learning and advanced analytics where they genuinely improve on classical methods — model selection, feature engineering, interpretability, drift monitoring — and be clear about where they do not.
• Evaluate and work with modern pricing and analytics platforms; partner with our data, technology and AI teams to embed pricing capability into client environments.
• Contribute to internal knowledge and thought leadership — methodology notes, training material, whitepapers and client-facing points of view on pricing sophistication, rate adequacy and the practical use of AI in actuarial work.

Client Engagement and Advisory

• Personally contribute to client engagements, converting analysis into decisions clients can act on.
• Present findings and recommendations to senior stakeholders including Chief Actuaries, Chief Underwriting Officers, pricing heads and C-suite audiences.
• Advise on pricing strategy, portfolio steering, underwriting appetite and the operating model needed to support them.
• Build and sustain trusted client relationships; identify adjacent needs across pricing, reserving, portfolio analytics and actuarial transformation, and support proposals and scoping with account leadership.

Project Governance and Operational Excellence

• Run engagements to a high standard of governance: clear scope, plan, milestones, quality gates and change control.
• Manage stakeholders on both sides — client sponsors and internal delivery teams — with proactive, transparent communication and no surprises.
• Lead and develop a distributed delivery team of actuaries, analysts and students.
• Own delivery metrics — timeliness, quality, utilisation and client satisfaction — and drive continuous improvement in how the team works.

Qualifications

• Actuary (Qualified or pursuing) — IFoA, CAS, IAI or equivalent recognised body.
• 6 - 8years of P&C pricing experience with exposure to US/UK/Europe markets.
• Deep commercial and specialty lines exposure across the US, UK/Europe markets — spanning product development, pricing and rate-making, and regulatory filing.
• Actuarial transformation experience — digital workflows, pricing platform development and implementation, process automation, and practical application of AI/ML in a pricing context.
• Strong technical proficiency in Python, R, SAS and/or SQL, advanced Excel, and modern data and analytics tooling.
• Exceptional written and verbal communication — able to explain technical reasoning to underwriters, executives and regulators without losing precision or the audience.
• Proven stakeholder management and consulting skills: managing expectations, handling challenge, and working effectively across client and internal teams.
• Sound judgement on materiality — knows which refinements change a decision, and which do not.

Equal Opportunity Statement

Xceedance is committed to diversity and inclusivity in the workplace.