Actuarial Analyst for a Top Ten US Insurance Carrier
at Capgemini
Desde casa, Río Negro, Argentina -
Start Date | Expiry Date | Salary | Posted On | Experience | Skills | Telecommute | Sponsor Visa |
---|---|---|---|---|---|---|---|
Immediate | 10 Nov, 2024 | Not Specified | 10 Aug, 2024 | 1 year(s) or above | P&C,Excel | No | No |
Required Visa Status:
Citizen | GC |
US Citizen | Student Visa |
H1B | CPT |
OPT | H4 Spouse of H1B |
GC Green Card |
Employment Type:
Full Time | Part Time |
Permanent | Independent - 1099 |
Contract – W2 | C2H Independent |
C2H W2 | Contract – Corp 2 Corp |
Contract to Hire – Corp 2 Corp |
Description:
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.
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 in an actuarial field
OTHER CRITICAL SKILLS:
- Management Reporting: Entry Level
- Data Management: Intermediate
- P&C or loss dev triangles
SOFTWARE / TOOL SKILLS/SCHEDULE:
- Excel: Intermediate (4-6 Years)
- Office Suite: Intermediate (4-6 Years)
- EST required to start, but flexibility available afterwards
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.
Leverage knowledge of investments and financial markets within an insurance context.
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 price insurance contracts and 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.
REQUIREMENT SUMMARY
Min:1.0Max:6.0 year(s)
Financial Services
Accounts / Finance / Tax / CS / Audit
Finance
Graduate
An actuarial field
Proficient
1
Desde casa, Argentina