Website:
sudhanandgroup.com
Job details:
Job Description: Actuarial Analyst – US Home
Insurance Products
We are seeking a detail-oriented Actuarial Analyst to support pricing, risk assessment, and product development for our US home insurance portfolio. In this role, you will leverage data-driven insights to drive strategic decisions, collaborate closely with cross-functional teams, and ensure alignment with regulatory requirements to strengthen our market position and product performance.
Key Responsibilities & Requirements
• Develop and maintain pricing models for US home insurance products to ensure competitive and profitable rates.
• Analyze large datasets to identify loss trends, risk patterns, and emerging exposures.
• Support reserving activities including loss development analysis and financial adequacy checks.
• Assist in regulatory rate filings and documentation as per state insurance requirements.
• Collaborate with product, underwriting, and finance teams to enhance product performance.
• Contribute to predictive modeling initiatives using statistical and machine learning techniques.
• Build automated actuarial tools, dashboards, and reports for internal stakeholders.
• Ensure accuracy and consistency in actuarial models and pricing assumptions.
• Prepare and present actuarial findings to management and non-technical stakeholders.• Work on risk segmentation and profitability analysis to support business decisions.
• Stay updated on industry trends, regulatory changes, and competitor analysis.
• Support the development of new product features, rating plans, and insurance programs.
• Maintain actuarial exam progress (ASA/ACAS preferred) with company-provided study support.
• Demonstrate proficiency in actuarial software tools (e.g., SAS, R, Python, SQL, Excel).
• 6+ years of actuarial or insurance analytics experience preferred; internships considered for entry-level roles.
• Track key performance metrics such as loss ratios, combined ratios, and retention rates to support business growth.
• Assist in analyzing reinsurance treaties and their impact on risk exposure and profitability.
• Collaborate with catastrophe modeling teams to evaluate property risk exposure from hurricanes, floods, and other perils.
• Conduct competitor analysis to ensure pricing and products remain competitive in the home insurance market.
• Evaluate regional and state-level risk factors to optimize pricing strategies across different markets.
• Support actuarial studies related to capital adequacy, solvency, and enterprise risk management.
• Explore advanced predictive analytics tools to refine underwriting and claims forecasting processes.
• Recommend improvements to actuarial processes, models, and data pipelines to enhance efficiency and accuracy.
• Work closely with technology teams to ensure data integrity and improve data accessibility for actuarial analysis.
• Participate in actuarial exam programs, industry conferences, and training sessions to stay ahead of emerging trends.
Job Location
Sudhanand Business Solutions Pvt. Ltd.
Mysore or Bangalore
Click on Apply to know more.
