03 sep
|
Capgemini
|
Mexicali
03 sep
Capgemini
Mexicali
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. In this role, 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. Additionally, you will conduct annual and quarterly analyses, which involve extracting data from data warehouses and performing actuarial analysis to determine appropriate reserves by state and coverage. You will work closely with the Accounting, Pricing, and Finance teams and regularly communicate with these groups to ensure alignment and accuracy in your work.
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. Leverage knowledge of investments and financial markets within an insurance context. 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 price insurance contracts and establish reserves. Ensure accurate financial reporting by applying knowledge of insurance legislation and regulation. Utilize appropriate tools and techniques to model processes, estimate loss costs, reserve liabilities, and support risk management decisions.
Requirements Total Work Experience Minimum Required: 1-3 years Preferred: 4-6 years Work Experience in This Field Minimum Required: 1-3 years Preferred: 4-6 years English Proficiency Minimum Required: Fluent Required Education Minimum Required: Bachelor's Degree in an actuarial field Required Branch of Study Actuarial Additional Preferred Branches of Study Computer Science or Data Science would be beneficial Other Critical Skills: Management Reporting: Entry Level Data Management: Intermediate P&C; or loss dev triangles Software / Tool Skills/Schedule: Excel: Intermediate (4-6 Years) Office Suite: Intermediate (4-6 Years) EST required to start, but flexibility available afterwards
Benefits Competitive compensation and benefits package: Competitive salary and performance-based bonuses Comprehensive benefits package Career development and training opportunities Adaptable 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 Note: Benefits differ based on employee level.
📌 Fbs sr actuarial analyst for a top ten us insurance carrier (Mexicali)
🏢 Capgemini
📍 Mexicali