09 Sep
|
Techila Global Services
|
Delhi
09 Sep
Techila Global Services
Delhi
Hybrid Delhi 4–6 yrs Apply by Sep 25, 2026
P & C Rate Filing & Retention_Actuarial
Join Techila's team of Salesforce experts. We build senior-led transformations that deliver measurable outcomes for clients worldwide.
Experience
4–6 yrs
Employment Type
Full-time
Openings
1 position
Apply By
Sep 25, 2026
Required Skills
P & C
Role and Responsibilities Overview: We are seeking a highly skilled and motivated Part Qualified or Nearly Qualified Actuary to support the development, review, and submission of actuarial rate filings across multiple U.S. jurisdictions on admitted and non-admitted products. This role will play a critical part in ensuring that pricing strategies are actuarially sound, compliant with state regulations, and aligned with the company’s profitability and growth objectives. Rate Indications & Pricing Support • Contribute to rate strategy across lines of business, ensuring alignment with profitability and growth targets.
- Develop actuarially sound rate indications for multiple lines using advanced ratemaking techniques.
- Perform trend, loss development, exposure analysis, and profitability reviews to support pricing decisions.
- Support development of rating algorithms, segmentation strategies, and pricing models.
- Provide insights and recommendations to business leadership on rate adequacy and pricing strategy.
- Conduct research and perform competitive analysis to stay updated with market trends, new products, coverages, changes in state specific rules and regulatory changes.
- Collaborate with pricing teams and other stakeholders like UW, Claims, Reserving, Compliance to develop pricing strategies on P&C; insurance products.
- Continuously monitor and evaluate the performance of pricing strategies and make recommendations for improvements.
Rate Filing Development & Implementation • Prepare and submit complete and compliant rate filings to U.S. state insurance departments.
- Draft actuarial memoranda supporting filing assumptions, methodologies, and indications.
- Ensure filings comply with regulatory requirements frameworks such as NAIC, ISO, NCCI • Timely respond to regulatory objections and interrogatories from state departments of insurance (DOI), and provide technical explanations defending actuarial methodologies used in filings.
- Assist in the implementation of filed and approved insurance products.
Rate Retention & Monitoring • Prepare monthly rate monitoring and retention reports summarizing key portfolio metrics including achieved rate change, retention trends, premium growth, and policy count changes • Monitor the impact of rate changes across products, states, and customer segments, tracking metrics such as achieved rate, policy retention, premium changes, and exposure movements.
- Lead or support initiatives to transform manual reporting processes into scalable and automated solutions using up-to-date analytics tools and data infrastructure.
- Analyze policyholder retention and renewal behavior following rate changes to assess customer elasticity and potential competitive impacts.
- Evaluate differences between expected rate impacts and actual portfolio performance, identifying drivers of variance.
- Collaborate with pricing, data engineering, and IT teams to build efficient monitoring frameworks and reusable reporting datasets.
Candidate Profile
• Bachelor’s/Master's degree in engineering, economics, mathematics, actuarial sciences, statistics.
- Affiliation to IAI , IFOA, CAS or SOA with 8+ actuarial exams completed.
- 4-6 years of experience, preferably experience in U.S. P&C; ratemaking, pricing, or regulatory filings.
- Understanding of U.S. insurance regulatory environments and filing requirements.
- Advanced skills in Excel, VBA, SAS, SQL, R, Python and other relevant tools for data analysis and visual tools such as Power BI, QlikView.
- Excellent analytical and problem-solving skills, with the ability to analyze large datasets and make data-driven decisions.
- Strong communication skills and team player spirits.
- Ability to work independently and collaboratively in a team-oriented environment.
- Ability to adapt to changing priorities and deadlines in a fast-paced environment.
Rate filing role(JD enclosed),
below are the screening questionnaires: Skills- P& C US insurance, Rate filing/ rate indicators Number of positions-1 NCR candidates are preference Joining- immediate Minimum 2-3 papers cleared Budget-max 25-27LPA Band B2(Lead AM/Consultant II) Communication-4/5 Please first share the CVs for screening For screening: The questions are followed with answers. The answers are minimum criteria to recommend further. We can connect over a call, if required How many years of actuarial experience you have ?
2
How many years of P&C; experience you have?
2
How many years of pricing experience you have?
2
Mention key functions you have used in Excel to perform tasks? (Any 3) VLOOKUP, HLOOKUP, XLOOKUP, INDEX,MATCH,SUMIFs, Pivot tables
Have you worked with SAS/SQL/R/Python ? Yes.
What are rate reviews ? The process of changing rates of an insurance product considering actuarial rate indications. Key words (any 1): impact assessment, dislocation, rate filings, base rates, rate factor change, DOI filing, profitability, competition
Why do we do rate filings ? To inform the regulator about our changes in rates and rules . Key words (any 1): DOI correspondence, regulatory filing, objections, dispositions, File and use, use and file, prior approval
Name 3 KPIs used in pricing. (Any 2)Loss ratio, Frequency, Severity, Combine Ratio, retention ratio, premium change, target loss ratio, expense ratio, GWP, Incurred claims, IBNR etc.
At a Glance
Work ModeHybrid EmploymentFull-time
Experience4–6 yrs
Openings1
LocationDelhi
DeadlineSep 25, 2026
[ Hiring process ]
What to expect
Four stages, typically completed within 2–3 weeks. We respect your time — every stage has a clear purpose and timely feedback.
- STEP 0130 min
Screening Call
Introductory conversation with our talent team to understand your background and motivations.
- STEP 0260–90 min
Technical Round
Live problem-solving with a senior architect on Salesforce design, integrations, or domain depth.
- STEP 0345 min
Culture Fit
Conversation with practice leadership covering working style, ownership, and how you collaborate.
- STEP 04Within 5 days
Offer
Formal offer with full compensation breakdown, start date, and onboarding plan.
📌 P & C Rate Filing & Retention_Actuarial (Delhi)
🏢 Techila Global Services
📍 Delhi