Actuarial Associate

Capgemini is seeking a highly skilled and detail-oriented Actuarial Associate to join our team.

The role involves data extraction and manipulation using Excel and R, extracting loss and premium data from the finance system, and producing booking transmittals. Our Client is one of the United States' largest insurers, providing a wide range of insurance and financial services products with gross written premiums 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.

• Extracting and reconciling data for reserve analysis and reporting.
• Analyzing and presenting loss and loss adjustment expense reserves for assigned book of business using various actuarial methodologies, including Life & Insurance pricing and modeling reserves with actual vs. expected analysis.
• Maintaining and modernizing analysis tools in Excel, R and MG ALFA.
• Aggregating and rolling up enterprise loss and loss adjustment expense information.
• Financial Reporting including IFRS17.
• Ensure financial reporting compliance with insurance legislation and regulations.
• Support reserving meetings with Executives and the Board of Governors.
• Conducting ad-hoc analysis as needed.
• Collaborate with Product teams, Claims, Accounting, Planning & Performance Management, Reinsurance, auditors, and internal/external reinsurers.

• Work Experience in This Field: Minimum Required: 1-3 years
• English Proficiency: Minimum Required: Fluent
• Required Education: Minimum Required: Bachelor's degree
• Required Branches of Study: A degree in related fields such as actuarial science, mathematics, insurance, data science, economics, business, engineering, or computer science.
• Additional Preferred Branches of Study: Majors in mathematics, data science, or actuarial science are preferred.
• Other Critical Skills: Financial Reporting: Entry Level, Data Management: Intermediate, Understanding of US insurance company operations, A business-oriented focus (motivated, self-directed, organized, and analytical), Proven ability to work well in a team environment as well as independently.
• Software / Tool Skills: Excel: Intermediate, Office Suite: Intermediate, MG ALFA: Intermediate.

• Competitive compensation and benefits package: 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 renowned group, Private Health Insurance, Pension Plan, Paid Time Off, Training & Development, Performance Bonus.