Actuarial Consultant - ACAS or FCAS

Tata Consultancy Services; San Antonio (TX); On-site; USD 100,000 - 150,000; Full time

Job summary

Tata Consultancy Services in San Antonio seeks an experienced actuarial professional with ACAS/FCAS designation and a BS in Actuarial Science to lead state filings and rate development for personal lines. The role requires P&C insurance experience and strong data analysis skills in Python and SQL.

The candidate will interpret complex actuarial techniques for business decisions while ensuring compliance with DOI requirements and maintaining data quality for trend analyses and filings.

Qualifications

• Bachelor of Science in Actuarial Science required.
• ACAS or FCAS designation required or substituting years of experience.
• P&C Insurance experience is required.
• State filing experience with DOI preferred for personal lines.
• Demonstrated competency with actuarial, mathematical, and statistical techniques.

Responsibilities

• Understand and analyze the assigned state and complete the state filing process, including rate development, trend analysis, and DOI documentation.
• Coordinate and respond to DOI objections with Lead Actuary clearance.
• Apply complex actuarial methodologies to unstructured projects under guidance.
• Translate business problems into technical requirements and ensure data quality for trend analysis.

Skills

Data analysis

Data visualization

Actuarial techniques

Python

SQL

Education

Bachelor of Science in Actuarial Science

ACAS or FCAS designation

Tools

Python

SQL

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 - $100,00 - $150,000

Qualifications:

Bachelor of Science in Actuarial Science