Job Description

Choosing Capgemini means choosing a company where you will be empowered to shape your career in the way you’d like, where you’ll be supported and inspired by a collaborative community of colleagues around the world, and where you’ll be able to reimagine what’s possible. Join us and help the world’s leading organizations unlock the value of technology and build a more sustainable, more inclusive world.

The Lead Actuarial and Pricing Analys t will focus on developing and maintaining pricing models for life insurance products, supporting the implementation of new life insurance offerings, and providing technical expertise for in-force life products.

Core responsibilities include :

Performing actuarial analysis, ensuring regulatory compliance, and collaborating with cross-functional teams to drive business success in the life insurance space. The role also involves leading actuarial research, setting assumptions, and mentoring junior staff. Ideal candidates should have 3-5 years of experience in life insurance actuarial functions, strong technical skills, and be progressing towards ASA/FSA certification.

• Initiates, analyzes, recommends and implements appropriate revisions in actuarial methods and assumptions in areas with significant financial impact.
• Works independently to develop and implement appropriate solutions to actuarial issues. Acts as project lead, where assigned, assigning project work, managing workflow and providing feedback to management to enable appropriate modifications to and timely completion of projects.
• Represents the Actuarial Department through participation in inter-departmental meetings and committees.
• Prepares and interprets data and related formulae for management.
• Analyzes operations to recommend improvement for control and/or efficiency.
• Designs and conducts training and development of professional actuarial personnel as assigned to maintain efficient and accurate completion of projects.
• Leads company participation in external examinations by the I.R.S., state Insurance Departments, and internal audit committees.
• Coordinates with external, hired experts.
• Coordinates with appropriate Home Office and Parent Company Departments on requests for information and relevant reporting issues.
• Analyzes proposed and existing products, develops appropriate formulas, and directs the calculation of nonforfeiture values, premiums, commission rates, reserves, and proposal and disclosure values for new and existing products. Develops, extends, and maintains the profit study, reserve, and nonforfeiture value calculation programs.
• Directs the implementation of new products on administration and proposal systems.
• Directs audits of the plan description file, and coordinates changes.
• Responsible for the timely and accurate delivery of actuarial portions of financial statements.
• Maintains actuarial valuation systems to be consistent with End-User computer standards, including required changes as necessary due to IT system changes, product changes, and regulation changes.
• Collaborates with IT to ensure new Company and Group processes and procedures are correctly reflected in the actuarial valuation systems.
• Provides system programming/data generation support to other actuaries and departments to generate policy data information used in analysis and decision-making.
• Researches, analyzes and recommends necessary changes and additions to mainframe and PC software, as well as End-User computer standards as a result of capacity constraints and procedural or technological changes.
• Directs and analyzes actuarial research and experience studies and prepares reports to management.
• Directs the development of actuarial assumptions used in models for projecting future experience.
• Analyzes agent compensation systems and recommends changes where appropriate to maintain profitability and competitiveness.
• Directs the preparation of reports and financial projections to provide management with information needed to monitor and evaluate the impact of business decisions on profits.
• Always promotes safety and complies with safety/ergonomic standards as outlined in relevant company published manuals.
• Performs other duties as assigned.

Life at Capgemini

Capgemini supports all aspects of your well-being throughout the changing stages of your life and career. For eligible employees, we offer:

• Flexible work
• Healthcare including dental, vision, mental health, and well-being programs
• Financial well-being programs such as 401(k) and Employee Share Ownership Plan
• Paid time off and paid holidays
• Paid parental leave
• Family building benefits like adoption assistance, surrogacy, and cryopreservation
• Social well-being benefits like subsidized back-up child/elder care and tutoring
• Mentoring, coaching and learning programs
• Employee Resource Groups
• Disaster Relief

About Capgemini

Capgemini is a global business and technology transformation partner, helping organizations to accelerate their dual transition to a digital and sustainable world, while creating tangible impact for enterprises and society. It is a responsible and diverse group of 340,000 team members in more than 50 countries. With its strong over 55-year heritage, Capgemini is trusted by its clients to unlock the value of technology to address the entire breadth of their business needs. It delivers end-to-end services and solutions leveraging strengths from strategy and design to engineering, all fueled by its market leading capabilities in AI, cloud and data, combined with its deep industry expertise and partner ecosystem. The Group reported 2023 global revenues of €22.5 billion.

Disclaimer

Capgemini is an Equal Opportunity Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, national origin, gender identity/expression, age, religion, disability, sexual orientation, genetics, veteran status, marital status or any other characteristic protected by law.

This is a general description of the Duties, Responsibilities and Qualifications required for this position. Physical, mental, sensory or environmental demands may be referenced in an attempt to communicate the manner in which this position traditionally is performed. Whenever necessary to provide individuals with disabilities an equal employment opportunity, Capgemini will consider reasonable accommodations that might involve varying job requirements and/or changing the way this job is performed, provided that such accommodations do not pose an undue hardship.

Capgemini is committed to providing reasonable accommodations during our recruitment process. If you need assistance or accommodation, we'd love to hear from you with your recruiting contact.

Click the following link for more information on your rights as an Applicant

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