Capgemini is seeking a highly motivated and detail-oriented Actuarial Analyst for a top 10 US Insurance Carrier.
In this role, you will be responsible for updating Excel files with monthly data and making appropriate loss and expense selections based on various actuarial methodologies, primarily using loss development triangles.
Additionally, you will conduct annual and quarterly analyses, which involve extracting data from data warehouses and performing actuarial analysis to determine appropriate reserves by state and coverage.
You will work closely with the Accounting, Pricing, and Finance teams and regularly communicate with these groups to ensure alignment and accuracy in your work.
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.
Locations: Argentina Responsibilities - Apply concepts of economics and financial mathematics to calculate present and accumulated values for various streams of cash flows, utilized in reserving, valuation, pricing, asset/liability management, investment income, capital budgeting, and valuing contingent cash flows.
- Understand and navigate the operational structure of an insurance company, including the interplay between functions such as actuarial, accounting, claims, finance, product management, underwriting, marketing, and regulatory/legislative affairs.
- Apply knowledge of ratemaking and estimating to effectively establish reserves.
- Ensure accurate financial reporting by applying knowledge of insurance legislation and regulation.
- Utilize appropriate tools and techniques to model processes, estimate loss costs, reserve liabilities, and support risk management decisions.
Requirements Total Work Experience Minimum Required: 4-6 years Work Experience in This Field Minimum Required: 4-6 years English Proficiency Minimum Required: Fluent Required Education Minimum Required: Bachelor's Degree Required Branch of Study Actuarial Other Critical Skills: Management Reporting: Entry Level Data Management: Intermediate P&C or loss dev triangles Software / Tool Skills/Schedule: Excel: Intermediate SAS - Intermediate SQL - Intermediate Benefits Competitive compensation and benefits package: Competitive salary and performance-based bonuses Comprehensive benefits package Career development and training opportunities Flexible work arrangements (remote and/or office-based) Dynamic and inclusive work culture within a globally renowned group Private Health Insurance Pension Plan Paid Time Off Training & Development Note: Benefits differ based on employee level.
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/