Capgemini, a top 10 insurance company in the US, is seeking a highly motivated and detail-oriented Junior Product Analyst.
This role will be responsible for developing the tools necessary to rerate personal insurance premiums including auto, home and comprehensive. Candidates must have an understanding of personal insurance products and rate structures, historical rate changes and state-specific information. Additionally, this role requires strong technical skills and keen attention to detail.
Our client is one of the largest insurance companies in the United States, offering a wide range of insurance and financial services products with total premium income of well over $25 billion (P&C). Through the efforts of over 48,000 captive and independent agents and nearly 18,500 employees, the company is proud to provide over 19 million individual insurance policies to over 10 million U.S. households in all 50 states. Finally, our client is part of one of the largest insurance groups in the world.
responsibility
- The firm is responsible for structuring and managing off-balance sheet personal auto, homeowners and comprehensive insurance.
- Learn and understand in detail personal lines, commercial products, rate revision processes and tools.
- We have developed tools that incorporate metrics, active policy numbers, and retention trends to adjust base rates to achieve specific rate levels for each state and each product.
- Develop a tool to calculate the premium for each policy using current rates and incorporating proposed adjustments to base rates and other factors.
- Determine data quality and flag flaws or inconsistencies in data solutions.
- Troubleshoot and fix errors in the tool.
- Document changes and adjustments to tools and processes.
- Monitor and manage deadlines and deliverables.
- Communicate with state management, analytics, data, projects and implementation teams to ensure a comprehensive understanding of rate change strategy, use of appropriate tools and timely delivery.
Requirements
- Work experience in this field: 1-3 years
English proficiency: Fluent
Educational Requirements: Bachelor’s degree required
- Required fields of study:
- Data analysis
- Math
- statistics
- Additional desired areas of study:
- Other related quantitative fields
skill
- Strong data/technical skills
- Solid mathematical/analytical skills
- Ambitious and eager to learn
- Act with Urgency
- Excellent attention to detail
- VBA programming experience preferred
Key Skills
- PC skills, especially Excel – Intermediate
- Oral and Written Communication Skills – Intermediate
- Data and Technology – Intermediate
- Mathematica/Analysis – Intermediate
- Motivated and eager to learn – Advanced
- Acting with Urgency – Advanced
- Attention to Detail – Advanced
Software/Tools Skills
- Excel – Intermediate (ages 4-6)
- Office Suite – Intermediate (ages 4-6)
- VBA Programming – Beginner Level (1-3 years)
advantage
Competitive compensation and benefits package:
- Competitive salary and performance-based bonuses
- Comprehensive benefits package
- Career Development and Training Opportunities
- Flexible working arrangements (remote and/or in-office)
- A dynamic and inclusive work culture within a world-renowned group
- Private health insurance
- Pension system
- paid holiday
- Training & Development
- Additional rewards based on your achievements
Note: Benefits vary based on employee level.
About Capgemini
Capgemini is a global partner to companies transforming and managing their business through the power of technology. The Group lives its purpose every day: to unleash human energy through technology for an inclusive and sustainable future. It is a responsible and diverse organization with more than 340,000 team members in over 50 countries. With a strong 55-year history and deep industry expertise, Capgemini is trusted by clients to address the full range of their business needs, from strategy, design to operations, driven by the rapidly evolving and innovative world of cloud, data, AI, connectivity, software, digital engineering and platforms. In 2023, the Group’s revenues will be €22.5 billion.
About the Company
Get the future you want
At Capgemini, we are driven by a shared purpose: unleashing the energy of humanity through technology for an inclusive and sustainable future.
Technology shapes the way we live: how we work, learn, move and communicate. That means combining our technology expertise with our business knowledge not only helps you transform and manage your business, but also helps you realize a better future and create a more sustainable, inclusive world.
It’s a responsibility we don’t take lightly. That’s why, since our founding more than 50 years ago, we’ve always acted as our clients’ partners, not as a service provider. As a diverse collective of nearly 350,000 strategy and technology professionals across more than 50 countries, we are driven by a shared passion: unleashing human energy through technology.
This passion drives a strong commitment as we leverage cloud, data, AI, connectivity, software, digital engineering and platforms to address all your business needs: unlocking the true value of technology for your business, the planet and society at large. From improving digital consumer experiences to accelerating intelligent industry to transforming enterprise efficiency, we go beyond “can it be done?” to help you define the right path to a better future.
