This is a remote position.
Overview :
We are seeking an experienced Senior HyperExponetial Developer with strong expertise in insurance rating and pricing systems along with hands-on Python development experience. The ideal candidate will be responsible for designing, developing, enhancing, and maintaining pricing and rating solutions for insurance products.
The role requires strong knowledge of insurance rating methodologies, the ability to translate actuarial and underwriting requirements into technical solutions, and experience working with Hyperexponential (HX) or similar insurance pricing platforms. Experience in predictive modeling and pricing optimization will be considered a strong advantage.
Key Responsibilities
• Design, develop, and maintain insurance rating and pricing logic using Python.
• Implement and enhance rating algorithms, factor tables, discounts, surcharges, and validation rules.
• Translate actuarial specifications, underwriting guidelines, and business requirements into scalable technical pricing solutions.
• Configure and support HX-based product and pricing models.
• Integrate pricing and rating services with policy administration and downstream systems using REST APIs and service-based architectures.
• Perform unit testing, validation testing, and regression testing of rating and pricing calculations.
• Support product launches, pricing updates, regulatory changes, and rate revisions.
• Analyze pricing and rating outcomes to support model optimization and refinement.
• Collaborate closely with Actuarial, Product, Underwriting, QA, and DevOps teams.
• Troubleshoot and resolve production issues related to pricing and rating logic.
• Contribute to technical best practices, continuous improvement, and solution optimization initiatives.
Requirements
Mandatory Skills & Qualifications
• Strong hands-on Python development experience, including:
o Object-Oriented Programming (OOP)
o Data structures and algorithms
o Performance optimization
• Proven experience building, enhancing, or supporting insurance rating/pricing engines.
• Strong SQL and relational database expertise.
• Hands-on experience with RESTful APIs and service-oriented architectures.
Insurance Domain Expertise (Must-Have)
Strong understanding of insurance rating and pricing concepts, including:
• Base rates and modifiers
• Tiering, discounts, and surcharges
• Risk factors and territories
• Classes, deductibles, and coverage limits
Experience working with insurance products is required, preferably within the Property & Casualty (P&C) domain. Candidates from other insurance domains with strong pricing/rating experience will also be considered.
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.