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Capgemini

FBS Senior Actuarial Analyst-Insurance

full-time Hybrid

AI overview

The role involves leading complex actuarial analyses, ensuring accurate financial bookings, and collaborating with multiple teams to enhance transparency in actuarial processes.

Our Client is one of the United States’ largest insurers, providing a wide range of insurance and financial services products with gross written premium well over US$25 Billion (P&C). They proudly serve more than 10 million U.S. households with more than 19 million individual policies across all 50 states through the efforts of over 48,000 exclusive and independent agents and nearly 18,500 employees. Finally, our Client is part of one the largest Insurance Groups in the world

We are seeking a highly analytical and detail-oriented Senior Actuarial Analyst to join our team.

This position plays a key role in estimating ultimate losses and loss adjustment expenses (ULAE), as well as calculating incurred but not reported (IBNR) reserves for Personal Lines book of business.

Key Responsibilities:

  • Lead and execute the monthly Actual vs. Expected (AvE) analysis for a designated book of business.
  • Investigate and interpret the drivers of deviations between actual reported losses and expected losses based on models and prior analyses.
  • Support monthly financial bookings, ensuring reserve adequacy and accuracy.
  • Participate in the quarterly reserve review process to update ultimate loss and ULAE estimates.
  • Collaborate with other actuarial and finance teams to communicate key findings and insights.
  • Ensure transparency and reproducibility of work through clear documentation and automation where possible.

Requirements

Required Qualifications:

  • Bachelor’s degree in actuarial science, Mathematics, Statistics, Data Science, or related field.
  • 3+ years of relevant actuarial experience, preferably in reserving or property & casualty insurance.
  • Strong command of actuarial reserving concepts and techniques.
  • Proficiency in SQL and either R (preferred) or Python for data manipulation and analysis.
  • Progress towards actuarial designation with the CAS (minimum of 3 exams passed preferred).
  • Strong analytical skills with the ability to synthesize complex data and explain findings to non-technical stakeholders.
  • Excellent organizational and time management skills.

Preferred Qualifications:

  • Prior experience with personal lines insurance.
  • Familiarity with financial reporting processes and tools.
  • Experience in process automation and data visualization.

Benefits

This position comes with competitive compensation and benefits package:

  1. Competitive salary and performance-based bonuses
  2. Comprehensive benefits package
  3. Career development and training opportunities
  4. Flexible work arrangements (remote and/or office-based)
  5. Dynamic and inclusive work culture within a globally reknowned group
  6. Private Health Insurance
  7. Pension Plan
  8. Paid Time Off
  9. Training & Development

About Capgemini

Capgemini is a global leader in partnering with companies to transform and manage their business by harnessing the power of technology. The Group is guided everyday by its purpose of unleashing human energy through technology for an inclusive and sustainable future. It is a responsible and diverse organization of over 340,000 team members in more than 50 countries. With its strong 55-year heritage and deep industry expertise, Capgemini is trusted by its clients to address the entire breadth of their business needs, from strategy and design to operations, fueled by the fast evolving and innovative world of cloud, data, AI, connectivity, software, digital engineering and platforms. The Group €22.5 billion in revenues in 2023.

https://www.capgemini.com/us-en/about-us/who-we-are/

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Perks & Benefits Extracted with AI

  • Health Insurance: Private Health Insurance
  • Dynamic inclusive culture: Dynamic and inclusive work culture within a globally renowned group
  • Paid Time Off: Paid Time Off
Capgemini

Get the future you want At Capgemini, we are driven by a shared purpose: Unleashing human energy through technology for an inclusive and sustainable future.Technology shapes the way we live our lives. How we work, learn, move and communicate. That means our technology expertise, combined with our business knowledge, does more than help you transform and manage your business. It can help you realize a better future and create a more sustainable, inclusive world.It’s a responsibility we don’t take lightly. That’s why, since our inception more than 50 years ago, we have always acted as a partner to our clients, not a service provider. A diverse collective of nearly 350,000 strategic and technological experts across more than 50 countries, we are all driven by one shared passion: to unleash human energy through technology.As we leverage cloud, data, AI, connectivity, software, digital engineering, and platforms to address the entire breadth of business needs, this passion drives a powerful commitment. To unlock the true value of technology for your business, our planet, and society at large. From advancing the digital consumer experience, to accelerating intelligent industry and transforming enterprise efficiency, we help you look beyond ‘can it be done?’ to define the right path forward to a better future.

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