FBS Senior Actuarial Analyst-Insurance

Capgemini; United States; Hybrid; MXN 893,176 - 1,250,446; Full time

Benefits offered by this job

Competitive salary

Performance-based bonuses

Comprehensive benefits package

Career development opportunities

Flexible work arrangements

Private Health Insurance

Pension Plan

Paid Time Off

Training & Development

Job summary

A global technology consultant is seeking a highly analytical Senior Actuarial Analyst to estimate ultimate losses and reserve calculations. The ideal candidate will have a Bachelor's degree in a relevant field and at least 3 years of actuarial experience, preferably in property and casualty insurance. Proficiency in SQL and programming languages such as R or Python is essential. This position offers a competitive salary, flexible work arrangements, and opportunities for career development.

Qualifications

• 3+ years of relevant actuarial experience, preferably in reserving or property & casualty insurance.
• Strong command of actuarial reserving concepts and techniques.
• Progress towards actuarial designation with the CAS (minimum of 3 exams passed preferred).

Responsibilities

• Lead and execute the monthly Actual vs. Expected (AvE) analysis.
• Investigate deviations between actual and expected losses based on models.
• Support monthly financial bookings, ensuring reserve adequacy.

Skills

Actuarial reserving concepts

Analytical skills

SQL

Data manipulation

Communication skills

Education

Bachelor's degree in actuarial science, Mathematics, Statistics, or Data Science

Tools

R

Python

Job description

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

• 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 reknowned group
• Private Health Insurance
• Pension Plan
• Paid Time Off
• 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/