Actuarial Analyst

Tata Consultancy Services; Sioux City (IA); On-site; USD 90,000 - 125,000; Full time

Benefits offered by this job

Discretionary Annual Incentive

Comprehensive Medical Coverage (Health

Dental & Vision Coverage

Family Leave & Parental Leave

Commuter Benefits

401K Plan

Job summary

Tata Consultancy Services is seeking an Actuarial Analyst with 3+ years of actuarial experience, especially in personal lines and P&C insurance. The role emphasizes state filings, CAS exam progress, and modeling. Strong data analysis skills in Python/SQL are expected to support ratemaking and reserving decisions.

Base salary ranges from $90,000 to $125,000 per year, with benefits including medical coverage, and 401K plans. Bachelor's in Actuarial Science and CAS progress are required.

Qualifications

• Bachelor's degree in Actuarial Science or related field.
• 2–5 years of actuarial experience with P&C insurance preferred.
• Minimum of 2 CAS exams completed.

Responsibilities

• Apply actuarial methodologies to support rate-making and reserving.
• Develop state filings and prepare documentation for DOI.
• Perform trend analysis and data-driven decision support.
• Coordinate with Lead Actuary on objections and sign-off.

Skills

Actuarial Knowledge

P&C Insurance experience

Data analysis

Python

SQL

Risk assessment

Education

Bachelor's degree in Actuarial Science

2–5 years actuarial experience

CAS exams (minimum 2)

Tools

Python

SQL

Job description

Job Description

Role - Actuarial Analyst

Experience Required -3+ Years

Must Have Technical/Functional Skills

Actuarial Knowledge and Experience

Property & Causality Experience,

Personal Lines

Actuarial Science- CAS, Sate Filings, Reserving, Modelling

Roles & Responsibilities

• Bachelor’s degree in Actuarial Science; and 2 to 5 years of related Actuarial experience (in addition to the minimum years of experience required) may be substituted in lieu of degree. Minimum of 2 actuarial exams completed in CAS.
• Must have P&C Insurance experience
• State Filing Experience with DOI for personal lines of Insurance is preferred
• Demonstrated competency with relevant actuarial, mathematical, and statistical techniques and approaches used to support fact-based decision-making.
• Intermediate knowledge of data analysis tools, data visualization, developing analysis queries and procedures in Python, SQL or other analysis software, and relevant industry data & methods and ability to connect external insights to business problems.
• Understand and analyze the assigned state and responsible for completing state filing process including but not limited to developing rates, trend analysis, revise rates, prepare documentation to DOI, get the

sign off from Lead Actuary and coordinate and respond for any DOI objections.

• Independently apply complex technical and actuarial methodologies, as well as proficient actuarial knowledge, to complete unstructured projects
• Select and ensure quality of data used to perform trend analysis supports rate level indications; translates business problem into technical requirements; runs required models and interprets and communicates results to support business activities while executing and enhancing a strong control environment with guidance from an Director of respective Line of Business.
• Utilize actuarial, mathematical, or statistical techniques to augment actuarial work product.
• Apply understanding of products supported, stakeholders’ needs, and industry trends to solve unstructured business problems.
• Ensure risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.

Base Salary Range : $90,000 to $125,000 Per Annum

TCS Employee Benefits Summary

• Discretionary Annual Incentive.
• Comprehensive Medical Coverage: Medical & Health, Dental & Vision, Disability Planning & Insurance, Pet Insurance Plans.
• Family Support: Maternal & Parental Leaves.
• Insurance Options: Auto & Home Insurance, Identity Theft Protection.
• Convenience & Professional Growth: Commuter Benefits & Certification & Training Reimbursement.
• Time Off: Vacation, Time Off, Sick Leave & Holidays.
• Legal & Financial Assistance: Legal Assistance, 401K Plan, Performance Bonus, College Fund, Student Loan Refinancing.

Qualifications:

Bachelor of Computing