Actuarial Consultant - Acas Or Fcas

Tata Consultancy Services; Ashburn (VA); On-site; USD 105,000 - 168,000; Full time

Job summary

Tata Consultancy Services Limited in Ashburn, VA is seeking an experienced actuarial lead with ACAS/FCAS designation to manage state filing processes for personal lines and perform advanced analytics. The role requires 4–10+ years in actuarial work, P&C insurance experience, and strong data analysis skills (Python, SQL).

You will develop rates, trend analyses, and prepare DOI documentation while coordinating with the Lead Actuary.

Qualifications

• Bachelor's degree in Actuarial Science and 4 to 10+ years of related actuarial experience.
• Must have ACAS or FCAS designation.
• Must have P&C Insurance experience.
• State Filing Experience with DOI for personal lines of Insurance is preferred.
• Demonstrated competency with actuarial, mathematical, and statistical techniques that support data-driven decisions.
• Intermediate knowledge of data analysis tools, Python/SQL or similar analytics software.
• Understand state filing processes: rates, trend analysis, revisions, DOI documentation, and Lead Actuary coordination.
• Independently apply complex actuarial methodologies to unstructured projects.
• Select and ensure data quality for trend analyses and model outcomes; communicate results.
• Utilize actuarial, mathematical, or statistical techniques to augment work products.
• Apply understanding of products, stakeholders' needs, and industry trends to solve unstructured problems.
• Ensure risks are identified, monitored, and controlled per policy and procedures.

Responsibilities

• Develop rates and trend analyses for state filings and prepare documentation for DOI.
• Coordinate and respond to DOI objections in collaboration with Lead Actuary.
• Apply actuarial methodologies to complete unstructured projects.
• Translate business problems into technical requirements and run models.
• Ensure data quality for trend analyses and communicate results to stakeholders.

Skills

Insurance

Education

Bachelor of Science in Actuarial Science

Job description

Job Description

• Bachelor's degree in Actuarial Science; and 4 to 10+ years of related Actuarial experience (in addition to the minimum years of experience required) may be substituted in lieu of degree. Must have ACAS or FCAS designation
• 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.

Salary - $105,00 - $168,000

Location

Ashburn, VA

Function

TECHNOLOGY

Role

Lead

ID

437608

Skills

Insurance

Salary Range

$105,000 - $168,000

Desired Candidate Profile

Qualifications

Bachelor of Science in Actuarial Science