Capital Modeling Senior Manager for a Top Ten US Insurance Carrier

Capgemini is seeking a skilled and experienced Capital Modeling Senior Manager to join our team and work with a top ten US insurance carrier.

As a Capital Modeling Senior Manager, you will be responsible for overseeing the development and execution of capital models, ensuring compliance with regulatory requirements, and providing insights to senior management.

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.

Location: Argentina, Brazil, Colombia, or Mexico.

The Capital Modeling Senior Manager will collaborate with cross-functional teams including Risk Management, Actuarial, and Finance to develop and maintain robust capital models. You will play a key role in enhancing model capabilities, conducting model validation, and implementing best practices. This position requires strong analytical skills, attention to detail, and the ability to effectively communicate complex ideas to both technical and non-technical stakeholders.

Responsibilities:

• Lead the development of sophisticated capital models to measure and manage risk.
• Ensure compliance with regulatory requirements, including Solvency II and NAIC capital requirements.
• Collaborate with cross-functional teams to gather data and insights for modeling purposes.
• Perform model validation and ensure models are accurate and reliable.
• Identify areas for improvement and implement best practices in capital modeling.
• Present findings and recommendations to senior management and regulatory bodies as required.
• Maintain strong relationships with stakeholders and communicate effectively to drive alignment.

If you are a highly skilled Capital Modeling Senior Manager with a passion for the insurance industry, we want to hear from you. Join our team at Capgemini and contribute to the success of a top ten US insurance carrier.

Requirements

Requirements:

• Bachelor's degree in Mathematics, Statistics, Actuarial Science, or a related field.
• 5+ years of experience in capital modeling within the insurance industry.
• Experience with Solvency II, NAIC capital requirements, and other relevant regulations.
• Strong analytical skills and proficiency in statistical modeling tools, such as R or Python.
• Excellent communication skills and ability to present complex ideas to technical and non-technical stakeholders.
• Detail-oriented with a focus on accuracy and quality.
• Ability to work independently and effectively manage multiple projects.
• Professional certifications such as FSA, CERA, or FRM are preferred.

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
10. Performance Bonus

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/