Actuarial Consultant

Tata Consultancy Services; Pooler (GA); On-site; USD 100,000 - 170,000; Full time

Benefits offered by this job

Discretionary incentive

Medical coverage

Dental & Vision

Disability insurance

Pet insurance

Parental leave

Auto & Home insurance

Training reimbursement

Vacation & Holidays

Legal & 401K

Job summary

Tata Consultancy Services is seeking an Actuarial Consultant with 3+ years of experience in insurance to support property & causality actuarial work, including state filings for personal lines.

The role requires P&C insurance experience, actuarial exam progress (CAS), and strong data analysis with Python/SQL to drive fact-based decisions and regulatory filings.

Qualifications

• Bachelor’s degree in Actuarial Science and 2–5 years related actuarial experience; minimum two actuarial exams completed.
• Must have Property & Casualty (P&C) Insurance experience.
• State Filing experience with DOI for personal lines is preferred.
• Demonstrated competency with actuarial, mathematical and statistical techniques.
• Experience with data analysis tools and SQL/Python for analysis and visualization.

Responsibilities

• Apply actuarial methodologies to support fact-based decisions on unstructured projects.
• Perform trend analysis and rate development, coordinating with Lead Actuary for DOI sign-off.
• Prepare documentation for DOI objections and respond as required.
• Use data analysis tools and SQL/Python to connect external insights to business problems.

Skills

Actuarial Knowledge and Experience

Property & Causality Experience

Personal Lines

Actuarial Science- CAS, State Filings,

Education

Bachelor’s degree in Actuarial Science

Tools

Python

SQL

Job description

Job Description

Role - Actuarial Consultant

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 : $100,000 to $170,000 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.