• Develop and maintain renewal pricing and actuarial analyses for Commercial Lines insurance portfolios using HX Renew and related pricing platforms
• Perform independent research, data analysis, and portfolio reviews to support renewal pricing strategies and business objectives
• Work closely with actuarial, underwriting, product management, and client teams to evaluate renewal performance and recommend pricing actions
• Analyze renewal retention, rate adequacy, profitability trends, and policyholder behavior across Commercial Lines portfolios
• Support pricing model implementation, testing, validation, and deployment within HX Renew and associated rating systems
• Prepare detailed documentation, actuarial reports, pricing recommendations, and management presentations
• Assist in monitoring competitor pricing activities, market trends, emerging risks, and underwriting actions to support strategic decision-making
• Collaborate with underwriting, product, and technology teams on pricing enhancements, workflow improvements, and regulatory initiatives
• Support state filing activities, pricing governance reviews, model validation exercises, and audit requirements
• Contribute to development and maintenance of rating algorithms, pricing models, renewal optimization frameworks, and actuarial tools
Responsibilities
• Solid understanding of Commercial Lines rating structures, rate tables, pricing algorithms, and renewal pricing methodologies
• Experience working with HX Renew and insurance pricing and rating platforms
• Analyze renewal business performance including retention, premium change, rate change, loss ratio, renewal conversion, and profitability metrics
• Interact with clients and business stakeholders regularly to gather requirements and translate them into actuarial and pricing solutions
• Support rate reviews, pricing indications, renewal monitoring, and portfolio management initiatives
• Perform pricing model testing, validation, implementatio
📌 Lead Assistant Manager (Gurugram)
🏢 EXL
📍 Gurugram