P & C Rate Filing & Retention_Actuarial

Techilaservices; Delhi; Hybrid; INR 2,500,000 - 2,700,000; Full time

Job summary

Techila is seeking a Part Qualified or Nearly Qualified Actuary to prepare actuarial rate filings for U.S. P&C products. You will develop rate indications, perform trend analyses, and support pricing strategies across multiple jurisdictions in a hybrid Delhi environment.

The role requires 4–6 years of actuarial experience, strong Excel/VBA/SAS/SQL/Python skills, and familiarity with U.S. regulatory filing processes. Collaboration with UW, Claims, and IT teams is essential for pricing delivery.

Qualifications

• Bachelor’s/Master’s degree in engineering, economics, mathematics, actuarial sciences, statistics.
• Affiliation to IAI, IFOA, CAS or SOA with 8+ actuarial exams completed.
• 4-6 years of experience, preferably in U.S. P&C ratemaking, pricing or regulatory filings.

Responsibilities

• Develop actuarial rate indications and pricing models for multiple lines.
• Prepare and submit complete rate filings to U.S. state departments with supporting memoranda.
• Monitor rate retention, profitability, and portfolio metrics post-implementation.
• Collaborate with pricing, UW, Claims, Reserving, Compliance to develop pricing strategies.

Skills

P&C actuarial

Rate filings

Pricing analysis

Data analysis

Education

Bachelor’s/Master’s degree in engineering, economics, mathematics, actuarial sciences, statistics

Tools

Excel

VBA

SAS

SQL

Python

R

Power BI

QlikView

Job description

Hybrid Delhi 4–6 yrs Apply by Sep 25, 2026P & C Rate Filing & Retention_ActuarialJoin Techila's team of Salesforce experts. We build senior-led transformations that deliver measurable outcomes for clients worldwide.Experience4–6 yrsEmployment TypeFull-timeOpenings4 positionsApply BySep 25, 2026 Required SkillsP & CJob DescriptionRole and Responsibilities Overview: We are seeking a highly skilled and motivated Part Qualified or Nearly Qualified Actuary to support the development, review, and submission of actuarial rate filings across multiple U.S. jurisdictions on admitted and non-admitted products. This role will play a critical part in ensuring that pricing strategies are actuarially sound, compliant with state regulations, and aligned with the company’s profitability and growth objectives.Rate Indications & Pricing Support • Contribute to rate strategy across lines of business, ensuring alignment with profitability and growth targets. • Develop actuarially sound rate indications for multiple lines using advanced ratemaking techniques. • Perform trend, loss development, exposure analysis, and profitability reviews to support pricing decisions. • Support development of rating algorithms, segmentation strategies, and pricing models. • Provide insights and recommendations to business leadership on rate adequacy and pricing strategy. • Conduct research and perform competitive analysis to stay updated with market trends, new products, coverages, changes in state specific rules and regulatory changes. • Collaborate with pricing teams and other stakeholders like UW, Claims, Reserving, Compliance to develop pricing strategies on P&C insurance products. • Continuously monitor and evaluate the performance of pricing strategies and make recommendations for improvements.Rate Filing Development & Implementation • Prepare and submit complete and compliant rate filings to U.S. state insurance departments. • Draft actuarial memoranda supporting filing assumptions, methodologies, and indications. • Ensure filings comply with regulatory requirements frameworks such as NAIC, ISO, NCCI • Timely respond to regulatory objections and interrogatories from state departments of insurance (DOI), and provide technical explanations defending actuarial methodologies used in filings. • Assist in the implementation of filed and approved insurance products.Rate Retention & Monitoring • Prepare monthly rate monitoring and retention reports summarizing key portfolio metrics including achieved rate change, retention trends, premium growth, and policy count changes • Monitor the impact of rate changes across products, states, and customer segments, tracking metrics such as achieved rate, policy retention, premium changes, and exposure movements. • Lead or support initiatives to transform manual reporting processes into scalable and automated solutions using modern analytics tools and data infrastructure. • Analyze policyholder retention and renewal behavior following rate changes to assess customer elasticity and potential competitive impacts. • Evaluate differences between expected rate impacts and actual portfolio performance, identifying drivers of variance. • Collaborate with pricing, data engineering, and IT teams to build efficient monitoring frameworks and reusable reporting datasets.Candidate Profile: • Bachelor’s/Master's degree in engineering, economics, mathematics, actuarial sciences, statistics. • Affiliation to IAI , IFOA, CAS or SOA with 8+ actuarial exams completed. • 4-6 years of experience, preferably experience in U.S. P&C ratemaking, pricing, or regulatory filings. • Understanding of U.S. insurance regulatory environments and filing requirements. • Advanced skills in Excel, VBA, SAS, SQL, R, Python and other relevant tools for data analysis and visual tools such as Power BI, QlikView. • Excellent analytical and problem-solving skills, with the ability to analyze large datasets and make data-driven decisions. • Strong communication skills and team player spirits. • Ability to work independently and collaboratively in a team-oriented environment. • Ability to adapt to changing priorities and deadlines in a fast-paced environment.Rate filing role(JD enclosed), below are the screening questionnaires: Skills- P& C US insurance, Rate filing/ rate indicators Number of positions-1 NCR candidates are preference Joining- immediate Minimum 2-3 papers cleared Budget-max 25-27LPA Band B2(Lead AM/Consultant II) Communication-4/5 Please first share the CVs for screeningFor screening: The questions are followed with answers. The answers are minimum criteria to recommend further. We can connect over a call, if required How many years of actuarial experience you have ?2How many years of P&C experience you have?2How many years of pricing experience you have?2Mention key functions you have used in Excel to perform tasks? (Any 3) VLOOKUP, HLOOKUP, XLOOKUP, INDEX,MATCH,SUMIFs, Pivot tablesHave you worked with SAS/SQL/R/Python ? Yes.What are rate reviews ? The process of changing rates of an insurance product considering actuarial rate indications. Key words (any 1): impact assessment, dislocation, rate filings, base rates, rate factor change, DOI filing, profitability, competitionWhy do we do rate filings ? To inform the regulator about our changes in rates and rules . Key words (any 1): DOI correspondence, regulatory filing, objections, dispositions, File and use, use and file, prior approvalName 3 KPIs used in pricing. (Any 2)Loss ratio, Frequency, Severity, Combine Ratio, retention ratio, premium change, target loss ratio, expense ratio, GWP, Incurred claims, IBNR etc.At a GlanceWork ModeHybridEmploymentFull-timeExperience4–6 yrsOpenings4LocationDelhiDeadlineSep 25, 2026[ Hiring process ]What to expectFour stages, typically completed within 2–3 weeks. We respect your time — every stage has a clear purpose and timely feedback.STEP 0130 minScreening CallIntroductory conversation with our talent team to understand your background and motivations.STEP 0260–90 minTechnical RoundLive problem-solving with a senior architect on Salesforce design, integrations, or domain depth.STEP 0345 minCulture FitConversation with practice leadership covering working style, ownership, and how you collaborate.STEP 04Within 5 daysOfferFormal offer with full compensation breakdown, start date, and onboarding plan.