Actuarial Analyst

Tata Consultancy Services; Milwaukee (WI); On-site; USD 80,000 - 128,000; Full time

Job summary

Tata Consultancy Services Limited seeks an Actuarial Analyst in Milwaukee to analyze insurance data, build pricing and reserving models, and support budgeting and profitability decisions.

The role requires strong analytical skills, experience with Excel/SQL/Python/SAS/R, and knowledge of actuarial principles. Collaboration with underwriting, finance, and risk management is essential.

Qualifications

• Strong analytical and quantitative problem-solving abilities.
• Experience with Excel, SQL, Python, SAS, or R.
• Knowledge of actuarial principles, insurance products, pricing, and reserving methodologies.
• Excellent communication and stakeholder management skills.

Responsibilities

• Analyze insurance, financial, and claims data to identify trends, patterns, and risk exposures.
• Develop and maintain actuarial models for pricing, reserving, and risk assessment.
• Calculate insurance premiums, policy reserves, and other actuarial estimates.
• Support forecasting, budgeting, and profitability analyses for business decisions.
• Perform statistical analyses and provide insights to improve product performance.
• Prepare actuarial reports, presentations, and documentation for stakeholders and regulators.
• Collaborate with underwriting, finance, risk management, and claims teams on strategic initiatives.
• Validate and enhance pricing and risk models for accuracy and effectiveness.
• Utilize Excel, SQL, Python, SAS, and R to analyze data and automate reporting.

Skills

Analytical thinking

Excel

SQL

Python

SAS

R

Communication

Education

Associate Member of the Actuarial Society of India

Job description

Job Description

Job Description:

• Analyze insurance, financial, and claims data to identify trends, patterns, and risk exposures.
• Develop and maintain actuarial models for pricing, reserving, and risk assessment.
• Calculate insurance premiums, policy reserves, and other actuarial estimates.
• Support forecasting, budgeting, and profitability analysis to assist business decision-making.
• Perform statistical analysis and provide actionable insights to improve product performance.
• Prepare actuarial reports, presentations, and documentation for business stakeholders and regulatory compliance.
• Collaborate with underwriting, finance, risk management, and claims teams to support strategic initiatives.
• Validate and enhance existing pricing and risk models to ensure accuracy and effectiveness.
• Utilize tools such as Excel, SQL, Python, SAS, and R to analyze data and automate reporting processes.
• Ensure adherence to actuarial standards, regulatory requirements, and internal governance policies.

Required Skills:

• Strong analytical and quantitative problem-solving abilities.
• Experience with Excel, SQL, Python, SAS, or R.
• Knowledge of actuarial principles, insurance products, pricing, and reserving methodologies.
• Excellent communication and stakeholder management skills.
  

Salary - 80,000 to 128,000

Location

Milwaukee, WI

Function

TECHNOLOGY

Role

Analyst

ID

435257

Skills

Insurance

Salary Range

$80,000 - $128,000

Desired Candidate Profile

Qualifications

ASSOCIATE MEMBER OF ACTURIAL SOCIETY OF INDIA