05 Nov
|
Techila Global Services
|
Delhi
05 Nov
Techila Global Services
Delhi
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
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 modern 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.
Rate filing role(JD enclosed), below are the screening questionnaires: Skills
- 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 transparent purpose and timely feedback.- STEP 0130 min
Screening Call : Introd
📌 P & C Rate Filing & Retention actuarial (Delhi)
🏢 Techila Global Services
📍 Delhi