Junior Product Analyst

at  Capgemini

CAPGEMINI IS SEEKING A HIGHLY MOTIVATED AND DETAIL-ORIENTED JR PRODUCT ANALYST FOR A TOP 10 US INSURANCE CARRIER.

This role is responsible for developing the tools necessary for Personal Lines rate revisions, including auto, home, and umbrella insurance. The candidate must understand Personal Lines products and rating structures, historical rate changes, and state-specific information. Additionally, the role requires excellent technical skills and a keen attention to detail.
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.

REQUIREMENTS

• Work Experience in This Field: 1-3 yearsEnglish Proficiency: FluentRequired Education: Bachelor’s degree required
• Required Branches of Study:
• Data Analytics
• Mathematics
• Statistics
• Additional Preferred Branch of Study:
• Other related quantitative discipline

Skills

• Good data/technical skills
• Solid mathematics/analytical skills
• Driven and willing to learn
• Act with a sense of urgency
• Excellent attention to detail
• VBA programming experience preferred

Critical Skills

• PC Skills, specifically Excel - Intermediate
• Verbal and written communication skills - Intermediate
• Data and technical - Intermediate
• Mathematica/analytical - Intermediate
• Driven and willing to learn - Advanced
• Act with a sense of urgency - Advanced
• Attention to detail - Advanced

SOFTWARE / TOOL SKILLS

• Excel - Intermediate (4-6 Years)
• Office Suite - Intermediate (4-6 Years)
• VBA programming - Entry Level (1-3 Years)

• Responsible for building and managing Personal Lines auto, home, and umbrella off-balance builds.
• Learn and understand Personal Lines insurance, company products, rate revision processes, and tools in great detail.
• Produce tools incorporating indications, in-force, and retention trends to adjust base rates and achieve specific rate levels for each state and product.
• Develop tools to calculate each policy’s premium using current rates and incorporating proposed adjustments to base rates and other factors.
• Determine the quality of data and flag defects and discrepancies for Data Solutions.
• Troubleshoot and fix errors in the tools.
• Document changes and adjustments to tools and processes.
• Monitor and manage deadlines and deliverables.
• Communicate with State Management, Analytics, Data, Project, and Implementation teams to ensure a comprehensive understanding of rate change strategies, correct tool usage, and timely delivery.