Key Facts

Remote From:

United States

Category: Insurance Broker

Full time

Senior (5-10 years)

English

Hard Skills

Python (Programming Language) SQL (Programming Language) Python (Programming Language) Application Programming Interface (API) Data Structures Discounts And Allowances Underwriting Data Validation Incident Management Regulatory Compliance +17 more

Other Skills

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Collaboration
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Communication
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Analytical Skills
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Teamwork
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Problem Solving

Roles & Responsibilities

Strong hands-on experience in Python development (OOP, data structures, performance optimization)
Experience building or supporting insurance rating engines
Strong knowledge of SQL and relational databases; experience working with RESTful APIs and service-based architectures
Strong understanding of insurance rating concepts and experience working with insurance products (preferably PC insurance) with focus on rating/pricing

Requirements:

Design, develop, and maintain insurance rating and pricing logic using Python
Implement and enhance rating algorithms, including factor tables, discounts, surcharges, and validation rules
Translate actuarial specifications, underwriting guidelines, and business requirements into scalable technical rating solutions
Develop and integrate rating services with policy administration and downstream systems using RESTful APIs

Job description

This is a remote position.

Role: Senior Python Insurance Pricing & Hyperexponential (hx) Specialist

Location- REMOTE

Job Summary

We are seeking an experienced Python Rating Engineer with strong insurance domain expertise and hands-on Python development skills. The role focuses on designing, developing, and maintaining rating and pricing solutions for insurance products. Experience with HX-based rating systems (e.g., Duck Creek HX or similar) is highly desirable. Exposure to predictive modeling and advanced analytics in insurance pricing will be an added advantage.

Key Responsibilities

Design, develop, and maintain insurance rating and pricing logic using Python
Implement and enhance rating algorithms, including factor tables, discounts, surcharges, and validation rules
Translate actuarial specifications, underwriting guidelines, and business requirements into scalable technical rating solutions
Configure or work with HX-based rating/product models (preferred)
Develop and integrate rating services with policy administration and downstream systems using RESTful APIs
Perform unit testing, validation, and regression testing of rating calculations and pricing outputs
Support rate changes, product launches, and regulatory updates
Analyze rating outputs to support optimization and model refinement
Collaborate closely with Actuarial, Product, Underwriting, QA, and DevOps teams
Provide production support for rating and pricing-related issues

Requirements

Mandatory Skills & Qualifications

Technical Skills (Must-Have)

Strong hands-on experience in Python development (OOP, data structures, performance optimization)
Experience building or supporting insurance rating engines
Strong knowledge of SQL and relational databases
Experience working with RESTful APIs and service-based architectures

Insurance Domain (Must-Have)

Strong understanding of insurance rating concepts, including:
- Base rates, modifiers, tiering
- Discounts and surcharges
- Risk factors, territories, classes, limits, deductibles
Experience working with insurance products (preferably P&C insurance) with a focus on rating/pricing

Preferred / Nice-to-Have Skills

Experience with HX-based systems (Duck Creek HX or similar)
Exposure to Duck Creek Rating / Policy administration systems
Experience in predictive modeling for insurance pricing or risk assessment
Familiarity with statistical or machine learning techniques used in underwriting or rating
Understanding of actuarial pricing models
Experience with cloud platforms (AWS / Azure / GCP)
Knowledge of CI/CD pipelines and DevOps practices

Benefits

Exavalu also promotes flexibility, adapting to the needs of employees, customers, and the business. It might be part-time work, working outside normal 9-5 business hours or working remotely. We also offer a welcome back program to help individuals return to the mainstream after a prolonged absence due to health or family reasons.

At Exavalu, we are committed to building a diverse and inclusive workforce. We welcome applications for employment from all qualified candidates, regardless of race, colour, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We nurture a culture that embraces all individuals and promotes diverse perspectives, where you can make an impact and grow your career.