Pricing & Rating Analyst

Role: Pricing & Rating Analyst

Location: San Antonio, TX(Remote)

Duration: Fulltime

Job Description

Must Have Technical/Functional Skills

Understanding of P&C insurance rating principles in Policy Admin system, insurance products, and rating methodologies applied in Ratabase, Earnix etc.

Working hands on experience in Ratabase, Radar pricing platforms along with Python language skills applied as required for script execution.

Python language skill and proficiency using the libraries py spark, numpy, pandas mandatorily required for this role.

Strong configuration and development experience configuring the rates and inputs in Earnix, Ratabase, Radar framework

Strong business analysis skills, including the ability to translate actuarial specifications into functional specifications, especially on rating & Pricing area around the PAS system.

Working knowledge of rating platforms in connection with policy admin system to understand end to end premium flow for end-to-end policy life cycle event.

Working experience in JIRA, JWM or Rally for work reporting and status cascade including backlog management working in agile environments.

Strong requirement gathering knowledge and ability to write user stories articulating business acceptance criteria in JIRA.

Apply pricing components and rating methodology to price existing and new products based on technical analysis of existing legacy systems.

Proven ability to partner integrating teams including pricing & underwriting along with predictive modelling team as well.

Proven expertise in identifying the data dependencies, model integration & downstream impacts.

Roles & Responsibilities

Applying Insurance Domain knowledge especially on P&C business in Auto Domain preferably will be added advantage and reduce time understanding requirements

Need to apply the system - functional Analysis in terms of identifying the rules, logic from legacy system and articulate them in writing the user stories with clear acceptance criteria.

Ability to configure the rates in Earnix, Ratabase, Radar systems and integrated with any PAS systems.

Need to understand and partner effectively identifying the right areas to discuss with predictive modelling team along with pricing & underwriting team.

Backlog management in JIRA and maintaining proper agile ceremonies in coordination with intervening teams and customers.

Ability to write efficient pseudo code for deriving any transformation logic to be used and referred to in the acceptance criteria for effective clarity at the time of development.

Applying mathematical concepts and logic sense in correlating the business requirements with application components and linking the same.

Document code and data conversion process to maintain the traceability and transparency of requirements to code implementation

Excellent coordination skills with clear communication between business & IT stakeholders and offshore for seamless communication

Publishing weekly status reporting on the work done and highlighting any risks and impediments and mitigation plan towards the same.