Actuarial Analyst-Pricing and Rates

Capgemini is seeking a strategic thinking Actuarial Analyst for a top 10 US Insurance Carrier.

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. Finally, our client is part of one the largest Insurance Groups in the world.

Role Description:

As an Actuarial Analyst on the Pricing team, this role will involve supporting the development and maintenance of Workers' Compensation pricing models under the guidance of senior team members. A significant portion of the work will focus on conducting detailed data analysis to identify key trends and contributing to profitability studies that inform pricing adjustments. Additionally, the analyst will assist in the preparation of materials for regulatory filings, gaining exposure to the process of communicating actuarial insights to external stakeholders.

Requirements

Key Responsibilities

• Support the development and maintenance of Workers’ Compensation pricing models.
• Conduct detailed data analysis to identify trends and inform pricing decisions.
• Contribute to profitability studies and recommend pricing adjustments.
• Assist in preparing exhibits and documentation for regulatory filings.
• Collaborate with senior team members and other departments as needed.
• Communicate actuarial findings to both internal and external stakeholders.

Required:

• English Proficient (all resumes must be submitted in English)

• Bachelor’s degree in actuarial science, Mathematics, Statistics, Economics, or a related field.
• 4–6 years of experience with Excel, SQL, and Office Suite (intermediate level).
• 1–3 years of experience with Python or R (entry level).
• Strong analytical and quantitative skills.
• Proficiency in data manipulation and analysis tools.
• Problem-solving and critical thinking abilities.
• Pricing model development and new models.
• Indication
• Set Rates

Preferred:

• Entry-level understanding of insurance principles, especially Workers’ Compensation.
• Entry-level communication and presentation skills.
• Progress towards actuarial exams (SOA/CAS) is a plus.

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 renowned group
6. Private Health Insurance
7. Pension Plan
8. Paid Time Off
9. Training & Development

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.