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    WNS - Predictive Analytics Role - Gurugram, India - Wns Global Services Private Limited

    Wns Global Services Private Limited
    Wns Global Services Private Limited Gurugram, India

    6 hours ago

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    Description
    Predictive Analytics


    Role:
    Pricing General

    Requirements: Knowledge of mathematics, probability, statistics and Commercial Insurance Business Knowledge of Underwriting process and Insurance pricing methodologies (Conventional and Innovative approaches)

    Mandatory Requirements:

    Work experience in Pricing for both short tail and long tail classes of commercial insurance business (eg. property and liability lines)

    • Work Experience on pricing modelling using Exposure and Experience rating methodologies
    • Should have indepth knowledge in determining LDFs of portfolio, using ILFs and Loss Curves
    • Should be able to analyse the ILF curves/Loss curves, review them, make adjustments and perform impact analysis
    • Should have built pricing tools/raters on Excel or Rulebook
    • Should have knowledge on Frequency, Severity modelling and Loss cost modelling
    • Additional good to have requirements: Knowledge of Actuarial tools (EMBLEM/RADAR), data mining tools like SAS/R/Python, automation using VBA macros
    • Knowledge of ST8 General Insurance Pricing Actuarial science would be preferable
    • Work experience on GLM modelling
    • Frequency and Severity
    Qualifications:

    Proficient in predictive analytics methodology and its use in the insurance industry.

    • Experienced in use of R, Python, and other opensource languages. Familiarity with AWS, SAS and Willis Towers Watson modeling software preferred.
    • Working knowledge of P&C insurance marketplace in the United States and the Independent Agent channel specifically. Including an understanding of best practices and the competitive landscape.
    )
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