What are the responsibilities and job description for the Business Analyst (Actuarial) position at capgemini?
We are seeking an experienced Insurance Business Analyst with strong Actuarial domain expertise to support Retail Life Insurance initiatives The ideal candidate should have deep knowledge of Life Insurance products including Term Life Whole Life WL Universal Life UL and Variable Universal Life VUL and experience working closely with business stakeholders actuarial teams underwriting product management and technology teams to drive business transformation and system enhancements
Key Responsibilities:
Gather analyze and document business requirements for Life Insurance products and actuarial processes
Collaborate with actuarial product underwriting policy administration and IT teams to define business solutions
Translate business requirements into functional specifications process flows user stories and acceptance criteria
Support product development pricing valuation reserve calculations and regulatory reporting initiatives
Work on policy lifecycle processes including New Business Policy Administration Billing Claims and Servicing
Analyze impacts of product changes and ensure alignment with business objectives and actuarial assumptions
Facilitate workshops stakeholder meetings requirement walkthroughs and UAT sessions
Support testing activities by developing test scenarios reviewing test results and validating business outcomes
Perform gap analysis and identify opportunities for process improvement and automation
Ensure compliance with insurance regulations and actuarial standards
Required Skills Experience:
Insurance Domain:
Strong experience in Retail Life Insurance
In-depth understanding of:
Term Life Insurance
Whole Life WL
Universal Life UL
Variable Universal Life VUL
Knowledge of policy administration and life insurance operations
Actuarial Expertise:
Strong understanding of:
Actuarial models and methodologies
Pricing and product development
Reserves and statutory reporting
Mortality and lapse assumptions
Risk analysis and profitability studies
Experience working with actuarial teams and actuarial calculations
Business Analysis:
Requirement gathering and elicitation
BRD FRD User Stories Use Cases
Process Mapping and Gap Analysis
Agile/Scrum and Waterfall methodologies
Stakeholder Management
UAT Planning and Execution
Nice to Have:
Experience with US Canadian or LATAM Life Insurance markets
Experience in product migrations digital transformation or cloud modernization programs
Knowledge of regulatory frameworks and actuarial reporting standards
Key Competencies:
Strong analytical and problem solving skills
Excellent stakeholder management
Effective communication and documentation skills
Ability to bridge business and technology teams
Strong understanding of life insurance products and actuarial concepts
Mandatory Skills:
Retail Life Insurance Actuarial Analysis Term Life Whole Life Universal Life Variable Universal Life Requirements Gathering UAT Stakeholder Management SQL
The pay range that the employer in good faith reasonably expects to pay for this position is $24.04/hour - $37.56/hour. Our benefits include medical, dental, vision and retirement benefits. Applications will be accepted on an ongoing basis.
Tundra Technical Solutions is among North America’s leading providers of Staffing and Consulting Services. Our success and our clients’ success are built on a foundation of service excellence. We are an equal opportunity employer, and we do not discriminate on the basis of race, religion, color, national origin, sex, sexual orientation, age, veteran status, disability, genetic information, or other applicable legally protected characteristic. Qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable law, including the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act. Unincorporated LA County workers: we reasonably believe that criminal history may have a direct, adverse and negative relationship with the following job duties, potentially resulting in the withdrawal of a conditional offer of employment: client provided property, including hardware (both of which may include data) entrusted to you from theft, loss or damage; return all portable client computer hardware in your possession (including the data contained therein) upon completion of the assignment, and; maintain the confidentiality of client proprietary, confidential, or non-public information. In addition, job duties require access to secure and protected client information technology systems and related data security obligations.
Salary : $24 - $38