Actuary - P&C; Insurance Pricing

Job Title

Manager / Assistant Manager - P&C; Insurance Pricing Actuary Function

Global Actuarial & Analytics Services Location

Gurugram/Noida/Bengaluru (Hybrid) with global client coverage

About Xceedance

Xceedance is a global provider of consulting, technology, managed services, and data and analytics solutions to insurance and reinsurance organisations. Insurance is our only business. We work alongside carriers, reinsurers, Lloyds syndicates, MGAs and brokers across the UK, Europe, North America, Bermuda and Asia-Pacific — we help insurers launch new products, drive operations, implement technology, and deliver advanced analytics capabilities and process optimization.

The experienced insurance professionals at Xceedance enable clients worldwide to enhance policyholder service, enter new markets, boost workflow productivity, and improve profitability. For more information, visit www.xceedance.com

Our Global Actuarial & Analytics practice spans pricing, reinsurance pricing, reserving, capital modelling and transformation. Reinsurance is one of our growing segments, and we are investing in senior market-facing expertise to deepen what we offer reinsurers and cedants globally.

The Opportunity

We are looking for a P&C; pricing actuary to act as the subject-matter expert for commercial and specialty lines - and to help build the next generation of our pricing capability while doing it.

You will lead pricing engagement(s) for insurers, MGAs and programme writers in the US, UK and Asia-Pacific: developing products, building and refreshing rating plans and pricing models, monitoring portfolio performance, and supporting regulatory filings. Alongside the delivery, you will drive how we do the work — modernising actuarial workflows with automation, digital tooling and AI/ML, so that our analysis is faster, more consistent and more defensible than a traditional spreadsheet-based approach allows.

This suits an actuary who is strong technically, comfortable in front of clients, and interested in the engineering of actuarial work as much as the actuarial content itself.

Key Responsibilities

- Pricing Subject-Matter Expertise — Commercial & Specialty Lines

Act as SME for commercial and specialty lines pricing across the client portfolio, setting the technical approach and owning the quality of the deliverables.

Lead product development, rate-making, and pricing strategy

Build,



review and maintain pricing models and rating engines

Establish and enforce model governance: documentation standards, assumption logs, validation and peer review, version control and audit trails.

Own portfolio monitoring: rate adequacy and rate change analysis, loss ratios, dislocation and disruption analysis, and early-warning diagnostics that flag deterioration before it reaches the results.

Support regulatory product/rate filing and compliance requirements.

- Advanced Pricing Capability Development

Drive the modernisation of our pricing capability — designing digital, automated and AI-enabled actuarial workflows that replace manual, spreadsheet-bound processes.

Build reusable assets: pricing model templates, rating plan libraries, automated data pipelines, monitoring dashboards and standardised reporting packs.

Apply machine learning and advanced analytics where they genuinely improve on classical methods — model selection, feature engineering, interpretability, drift monitoring — and be clear about where they do not.

Evaluate and work with modern pricing and analytics platforms; partner with our data, technology and AI teams to embed pricing capability into client environments.

Contribute to internal knowledge and thought leadership — methodology notes, training material, whitepapers and client-facing points of view on pricing sophistication, rate adequacy and the practical use of AI in actuarial work.

- Client Engagement and Advisory

Personally contribute to client engagements, converting analysis into decisions clients can act on.

Present findings and recommendations to senior stakeholders including Chief Actuaries, Chief Underwriting Officers, pricing heads and C-suite audiences.

Advise on pricing strategy, portfolio steering, underwriting appetite and the operating model needed to support them.

Build and sustain trusted client relationships; identify adjacent needs across pricing, reserving, portfolio analytics and actuarial transformation, and support proposals and scoping with account leadership.





- Project Governance and Operational Excellence

Run engagements to a high standard of governance: clear scope, plan, milestones, quality gates and change control.

Manage stakeholders on both sides — client sponsors and internal delivery teams — with proactive, transparent communication and no surprises.

Lead and develop a distributed delivery team of actuaries, analysts and students

Own delivery metrics — timeliness, quality, utilisation and client satisfaction — and drive continuous improvement in how the team works.

Essential Criteria

Qualified or nearly qualified actuary — IFoA, CAS, IAI or equivalent recognised body

6 - 10 years of P&C; pricing experience with exposure to US/UK/Europe markets

Deep commercial and specialty lines exposure across the US, UK/Europe markets — spanning product development, pricing and rate-making, and regulatory filing.

Actuarial transformation experience — digital workflows, pricing platform development and implementation, process automation, and practical application of AI/ML in a pricing context.

Strong technical proficiency in Python, R, SAS and/or SQL, advanced Excel, and modern data and analytics tooling.

Exceptional written and verbal communication — able to explain technical reasoning to underwriters, executives and regulators without losing precision or the audience.

Proven stakeholder management and consulting skills: managing expectations, handling challenge, and working effectively across client and internal teams.

Sound judgement on materiality — knows which refinements change a decision and which do not.

What We Offer

At Xceedance people come first. Our training and development programs are focused on people growth and will help you develop and explore newer skills to bring out the best in you.

We have many internal career opportunities – over the course of your career with us, your goals may shift, and your interests may change. We keep the team informed about new positions and programs that will enable you to explore different opportunities that could help advance your career.

We build engaged and motivated teams – challenge and diversity are a part of our energetic and interactive environment, which makes each day recent and exciting. We strive to introduce new experiences into our work life through our fun at work initiatives, and social activities inside and outside our organization.

📌 Manager - Actuarial - US P&C Pricing (Bengaluru)
🏢 XCEEDANCE
📍 Bengaluru