Tata Consultancy Services

Pricing & Rating Analyst

Tata Consultancy Services$85K — $90K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in P&C insurance ratings and product knowledge
  • Hands-on experience with Ratabase and Radar pricing platforms
  • Proficiency in Python and libraries such as PySpark, NumPy, and Pandas
  • Strong skills in insurance policy administration systems
  • Experience configuring rates and inputs in Earnix, Ratabase, or Radar
  • Business analysis experience in translating actuarial specifications
  • Familiarity with Agile methodologies and backlog management using JIRA or Rally

Responsibilities

  • Apply insurance domain knowledge, particularly in Auto for quicker requirement understanding
  • Conduct functional analysis to identify rules and articulate user stories with acceptance criteria
  • Configure rates in Earnix, Ratabase, and Radar systems while integrating with PAS
  • Collaborate with pricing, underwriting, and predictive modeling teams
  • Manage backlogs in JIRA and facilitate agile ceremonies with teams and stakeholders
  • Write pseudo code to define transformation logic for development
  • Document processes for code and data conversion to ensure accountability
  • Communicate effectively with business and IT stakeholders, including offshore teams

Benefits

  • Opportunities for professional development and certifications
  • Collaborative and dynamic work environment
  • Flexible work arrangements to balance work and personal life
  • Access to advanced technology and tools
  • Involvement in innovative projects within the insurance industry
Full Job Description
Pricing & Rating Analyst 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. Salary Range- $85,000-$90,000 a year

About Tata Consultancy Services

Tata Consultancy Services (TCS) is an Indian multinational information technology (IT) services and consulting company, headquartered in Mumbai, Maharashtra, India. It is a subsidiary of Tata Group and operates in 149 locations across 46 countries. TCS is the largest Indian company by market capitalization and is ranked 11th on the Forbes Global 2000 list of the world's biggest public companies. TCS is also the second-largest IT services company in the world by revenue and the largest employer of women in India. The company provides services in areas including IT, consulting, and business solutions.
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