Actuarial Analyst

at  Capgemini

CAPGEMINI IS SEEKING A HIGHLY MOTIVATED AND DETAIL-ORIENTED ACTUARIAL SCIENTIST FOR A TOP 10 US INSURANCE CARRIER.

This role entails conducting monthly analyses to compare actual losses with expected losses. As part of this role, you will investigate the factors that contribute to differences between the actual losses and our estimated losses based on our analyses and models. Furthermore, you will be responsible for analyzing specific state group/coverage segments every quarter to determine revised ultimate loss and loss adjustment expenses.
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.

TOTAL WORK EXPERIENCE

• Minimum Required: 1-3 years
• Preferred: 4-6 years

WORK EXPERIENCE IN THIS FIELD

• Minimum Required: 1-3 years
• Preferred: 4-6 years

REQUIRED EDUCATION

• Minimum Required: Bachelor’s Degree

Calculate present and accumulated cash flow values for reserving, valuation, pricing, and asset/liability management using economic and financial mathematics.
Apply investment and financial market knowledge in an insurance context.
Estimate liabilities to determine appropriate loss and expense reserves.
Understand the operational structure of insurance companies and the interaction between functions like pricing, accounting, claims, and finance.
Ensure accurate financial reporting by applying knowledge of insurance legislation and regulation.
Utilize tools and techniques to estimate loss costs, reserve liabilities, and support risk management decisions.