Actuarial Consultant

Actuarial Analyst Job Description

About the Role

We are seeking a highly motivated and detail-oriented Actuarial Analyst to join our team at Capgemini. As an Actuarial Analyst, 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.

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.

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

Software / Tool Skills/Schedule

• Excel: Intermediate
• SAS - Intermediate
• SQL - Intermediate

Benefits

Competitive compensation and benefits package including competitive salary, performance-based bonuses, comprehensive benefits package, career development and training opportunities, flexible work arrangements, and dynamic and inclusive work culture.