Functional Consultant

Tata Consultancy Services; Austin (TX); On-site; USD 140,000 - 220,000; Full time

Benefits offered by this job

Discretionary Annual Incentive

Comprehensive Medical Coverage

Parental Leaves

401(k) Plan

Performance Bonus

Job summary

A leading consulting firm based in Austin, TX, is seeking an experienced Actuary Analyst. The role requires a strong background in actuarial science with at least 10 years of experience in P&C insurance. You will analyze state filing processes, apply actuarial techniques, and collaborate with various stakeholders to ensure compliance. The position offers a comprehensive benefits package and competitive salary ranging from $140,000 to $220,000 per year.

Qualifications

• Must have ACAS/FCAS designation or equivalent.
• Minimum of 10+ years of actuarial experience in P&C insurance.
• Strong knowledge of data analysis tools required.
• Ability to communicate complex solutions effectively.

Responsibilities

• Understand and analyze state filing processes.
• Coordinate responses to DOI objections.
• Apply actuarial methodologies to complex projects.
• Communicate insights and solutions to leadership.
• Identify compliance gaps and process improvements.

Skills

Actuarial techniques

Data analysis

Communication skills

Python

SQL

Microsoft Excel

Statistical techniques

Education

ACAS/FCAS designation

Bachelor’s degree in Actuarial Science or related field

Tools

Actuarial software suite

Microsoft Visual Studio

SQL Server

Job description

Job Title

Actuary Analyst

Location

Austin, TX, United States

Salary

$140,000 – $220,000 per year

Experience Required

10+ Years

Key Responsibilities

• Understand, analyze and review the assigned state filing process, including but not limited to developing rates, trend analysis, and preparing documentation for Delivery of Insurance (DOI) requirements.
• Coordinate and respond to any DOI objections, and obtain sign‑off from the Lead Actuary.
• Independently apply complex technical and actuarial methodologies to complete unstructured projects.
• Ensure quality of data used for trend analysis, translate business problems into technical requirements, run models, and communicate results to support business activities.
• Utilize actuarial, mathematical or statistical techniques to augment actuarial work product.
• Apply understanding of supported products, stakeholder needs, and industry trends to solve unstructured business problems.
• Identify compliance gaps and process improvements, recommend and develop solutions.
• Lead unit initiatives and participate in cross‑functional efforts as a technical subject‑matter expert.
• Effectively communicate insights and solutions to all audiences, including executive leadership.
• Synthesize complex information into a clear and influential value proposition.
• Ensure risks associated with business activities are identified, measured, monitored and controlled in accordance with risk and compliance policies and procedures.

Qualifications

• Must have ACAS/FCAS designation or an equivalent designation in another actuarial society.
• Minimum of 10+ years of actuarial experience, with P&C insurance and state filing experience (DOI) preferred.
• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Computer Science or related field; 5 years of related actuarial/business/analytical experience may substitute for a degree.
• Demonstrated competency with actuarial, mathematical and statistical techniques supporting fact‑based decision making.
• Intermediate knowledge of data analysis tools and data visualization, and experience developing analysis queries and procedures in Python, SQL or similar software.
• Ability to connect external insights to business problems and communicate complex solutions to technical and non‑technical audiences.
• Strong written and verbal communication skills.
• Advanced knowledge of Microsoft Excel, PowerPoint and other office productivity tools.
• Experience with actuarial software suite, preferably by the relevant provider.
• Proficiency in Microsoft Visual Studio, SQL Server, and other industry software.

Benefits

• 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, 401(k) Plan, Performance Bonus, College Fund, Student Loan Refinancing.

Employment Type

Full‑time

Seniority Level

Mid‑Senior level

Job Function

Information Technology

Industries

IT Services and IT Consulting