Junior Product Analyst

Capgemini is seeking a highly motivated and detail-oriented Jr Product Analyst for a top 10 US Insurance Carrier.

This role is responsible for developing the tools necessary for Personal Lines rate revisions, including auto, home, and umbrella insurance. The candidate must understand Personal Lines products and rating structures, historical rate changes, and state-specific information. Additionally, the role requires excellent technical skills and a keen attention to detail.

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.

Responsibilities

• Responsible for building and managing Personal Lines auto, home, and umbrella off-balance builds.
• Learn and understand Personal Lines insurance, company products, rate revision processes, and tools in great detail.
• Produce tools incorporating indications, in-force, and retention trends to adjust base rates and achieve specific rate levels for each state and product.
• Develop tools to calculate each policy's premium using current rates and incorporating proposed adjustments to base rates and other factors.
• Determine the quality of data and flag defects and discrepancies for Data Solutions.
• Troubleshoot and fix errors in the tools.
• Document changes and adjustments to tools and processes.
• Monitor and manage deadlines and deliverables.
• Communicate with State Management, Analytics, Data, Project, and Implementation teams to ensure a comprehensive understanding of rate change strategies, correct tool usage, and timely delivery.

Requirements

• Work Experience in This Field: 1-3 years
  English Proficiency: Fluent
  Required Education: Bachelor's degree required
• Required Branches of Study:
• Data Analytics
• Mathematics
• Statistics
• Additional Preferred Branch of Study:
• Other related quantitative discipline

Skills

• Good data/technical skills
• Solid mathematics/analytical skills
• Driven and willing to learn
• Act with a sense of urgency
• Excellent attention to detail
• VBA programming experience preferred

Critical Skills

• PC Skills, specifically Excel - Intermediate
• Verbal and written communication skills - Intermediate
• Data and technical - Intermediate
• Mathematica/analytical - Intermediate
• Driven and willing to learn - Advanced
• Act with a sense of urgency - Advanced
• Attention to detail - Advanced

Software / Tool Skills

• Excel - Intermediate (4-6 Years)
• Office Suite - Intermediate (4-6 Years)
• VBA programming - Entry Level (1-3 Years)

Benefits

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
10. Performance Bonus

Note: Benefits differ based on employee level.

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/

At Capgemini, we are driven by a shared purpose: Unleashing human energy through technology for an inclusive and sustainable future.

Technology shapes the way we live our lives. How we work, learn, move and communicate. That means our technology expertise, combined with our business knowledge, does more than help you transform and manage your business. It can help 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 inception more than 50 years ago, we have always acted as a partner to our clients, not a service provider. A diverse collective of nearly 350,000 strategic and technological experts across more than 50 countries, we are all driven by one shared passion: to unleash human energy through technology.

As we leverage cloud, data, AI, connectivity, software, digital engineering, and platforms to address the entire breadth of business needs, this passion drives a powerful commitment. To unlock the true value of technology for your business, our planet, and society at large. From advancing the digital consumer experience, to accelerating intelligent industry and transforming enterprise efficiency, we help you look beyond ‘can it be done?’ to define the right path forward to a better future.

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