Senior Actuarial Analyst-Insurance

We are seeking a highly analytical and detail-oriented Senior Actuarial Analyst to join our team.

Our client, a prominent insurance carrier, is a leader in the industry and has a widespread national presence. They offer a comprehensive range of insurance products and services to customers across the United States. They are committed to innovation and excellence in delivering customer-centric solutions.

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

This position comes with competitive compensation and benefits package:

1. Competitive salary and performance-based bonuses
2. Comprehensive benefits package
3. Career development and training opportunities
4. Flexible work arrangements (remote and/or office-based)
5. Dynamic and inclusive work culture within a globally reknowned group
6. Private Health Insurance
7. Pension Plan
8. Paid Time Off
9. 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/

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