Consultant - Actuarial Services

JOB DESCRIPTION | CONSULTANT – ACTUARIAL SERVICES

Company Description:

DHA-1 is a US-headquartered consulting and managed services firm focused exclusively on the global Property & Casualty (P&C) insurance industry. We support insurers, reinsurers, MGAs, brokers, and insurtechs across specialized functions, including underwriting and portfolio operations, actuarial and catastrophe modeling, AI enablement, and technology implementation.

We combine insurance domain knowledge, technical expertise, and dedicated teams to help clients manage complex workflows, improve operational efficiency, and build scalable capabilities.

Role Description:

We are seeking a technically skilled and proactive Consultant to join our growing actuarial practice in India.

In this role, you will work on diverse actuarial engagements for global P&C insurers, reinsurers, and MGAs, covering pricing, rating model development, reserving, portfolio analytics, and process automation.

Working alongside senior actuarial professionals, you will own assigned analytical deliverables, develop and validate actuarial models, analyze complex datasets, and collaborate with underwriting, catastrophe modeling, and technology teams.

The role offers an opportunity to work directly on international client engagements while contributing to

the development of DHA-1's actuarial capabilities.

Key Responsibilities:

Pricing & Rating Plan Support

• Perform rate adequacy analyses, trend studies, loss cost assessments, and experience-based pricing across P&C lines of business.
• Develop, test, and validate technical pricing models, rating tools, and rating plan components.
• Support rating plan development, bureau benchmarking, and technical documentation for new products, market entries, and program expansions.

Reserving & Claims Analytics

• Prepare reserve reviews, loss evaluations, and loss development triangle analyses using established actuarial methodologies.
• Analyze claims development, loss trends, Loss Adjustment Expenses (LAE), and large-loss experience.
• Support reserve adequacy assessments, actuarial reporting, and documentation of key assumptions and findings.

Portfolio Analytics & Cross-Functional Integration

• Analyze portfolio performance, profitability, loss ratios, and emerging experience trends to support business decisions.
• Develop portfolio monitoring dashboards, recurring reports, and scenario or sensitivity analyses.
• Collaborate with underwriting, catastrophe modeling, and other teams to integrate actuarial insights into portfolio management.

Programming & Process Automation

• Develop and maintain actuarial models, analytical routines, and reporting tools using Excel, Python, R, or SQL.
• Automate recurring data processing, actuarial calculations, validation, and reporting workflows.
• Perform data cleansing, reconciliation, model validation, and documentation to ensure accuracy and consistency.

Client Delivery & Quality Assurance

• Own assigned actuarial deliverables, ensuring accuracy, timeliness, and adherence to agreed requirements.
• Conduct quality checks, validate assumptions and outputs, and maintain clear technical documentation.
• Collaborate with global client teams and senior actuarial professionals to communicate findings, address queries, and support project delivery.

Qualifications:

Experience

• 3–6 years of hands-on actuarial experience in Property & Casualty / General Insurance.
• Practical experience in pricing, rating model development, reserving, or portfolio analytics.
• Experience supporting US or UK commercial insurance markets is preferred.

Actuarial Credentials

• Actively pursuing actuarial designation through IFoA, IAI, CAS, or an equivalent professional body.
• Preferably four or more actuarial examinations cleared. Candidates with fewer examinations and strong relevant experience may also be considered.

Technical Skills

• Advanced Microsoft Excel skills, including complex formulas, data modeling, and analytical tool development.
• Working proficiency in Python or R for data manipulation, statistical analysis, or automation.
• Experience with SQL, VBA, or actuarial modeling platforms would be an advantage.

Domain Knowledge

• Good understanding of P&C pricing principles, rating methodologies, and insurance loss experience.
• Familiarity with reserving methodologies and loss development techniques.
• Exposure to commercial casualty pricing, excess insurance, ILFs, or reinsurance analytics would be an advantage.

Analytical & Communication Skills

• Strong analytical and problem-solving capabilities, with attention to accuracy and detail.
• Ability to independently execute analytical assignments and manage competing deadlines.
• Strong written and verbal English communication skills, including the ability to explain technical findings to global stakeholders.
• Ability to collaborate across actuarial, underwriting, CAT modeling, and technology functions.

Education

• Bachelor's or Master's degree in Actuarial Science, Statistics, Mathematics, Economics, or another quantitative discipline.

Join Our Team:

At DHA-1, you will have the opportunity to work on diverse actuarial engagements for global insurance clients, collaborate with experienced industry professionals, and help grow our actuarial practice.

We offer a collaborative environment that encourages professional development, technical learning, and opportunities to take ownership of meaningful client work.