Job Location Job is located in NY - Onsite Hybrid
Your Role Our business is currently looking to bring onboard experienced pricing professionals who have been part of an insurer's pricing operating model and preferably on their modernization journey who then can help innovate the pricing function including but not limited to rate making, rating change, rating engine implementation, modelling and filing of new rate changes to become streamlined and future proof. As an expert in the field the pricing specialist will work autonomously within a small team to shape the future of pricing process through the implementation of scalable and standardised pricing tools such as Earnix.
Experience• Strong P&C insurance pricing experience, minimum 5 years
• Have worked directly with insurance companies
• Product pricing knowledge across multiple product lines - property, casualty across personal /commercial lines
• Knowledge and experience of developing pricing models and methodologies for model scaling and implementation of rating structures in production
• Reviewing and designing pricing models, methodologies and approaches with a view to streamlining and consolidating
• Worked with rate making process that have been deployed across multiple states, with a focus on:
o Filing rate change and consideration of new rating variables
o Maintaining model consistency when deploying and updating for all users
o Have centralised capture of pricing input and output data for portfolio analysis
o Improving operational efficiency associated with pricing
Technical skills• Experience with pricing models, Rate order of calculation structures
• Tool implementation and experience such as Earnix, Radar, Guidewire rating engine
• Use of statistical tools/ modelling languages - SAS, SQL, R, Python, Excel with @Risk
• Use of PAS administration integration with rating engine
• Preferably in stages of acquiring CAS credentials
Soft Skills• Ability to work with business stakeholders along with IT and data management leaders
• Able to present recommendations for review and approval to senior management
• Ability to build relationships and work with underwriters, actuarial teams and pricing colleagues
• Self-starter and able to identify 'new ways of working
The base compensation range for this role in the posted location is: 130000 - 140000
Capgemini provides compensation range information in accordance with applicable national, state, provincial, and local pay transparency laws. The base compensation range listed for this position reflects the minimum and maximum target compensation Capgemini, in good faith, believes it may pay for the role at the time of this posting. This range may be subject to change as permitted by law.
The actual compensation offered to any candidate may fall outside of the posted range and will be determined based on multiple factors legally permitted in the applicable jurisdiction.
These may include, but are not limited to: Geographic location, Education and qualifications, Certifications and licenses, Relevant experience and skills, Seniority and performance, Market and business consideration, Internal pay equity.
It is not typical for candidates to be hired at or near the top of the posted compensation range.
In addition to base salary, this role may be eligible for additional compensation such as variable incentives, bonuses, or commissions, depending on the position and applicable laws.
Capgemini offers a comprehensive, non-negotiable benefits package to all regular, full-time employees. In the U.S. and Canada, available benefits are determined by local policy and eligibility and may include:
- Paid time off based on employee grade (A-F), defined by policy: Vacation: 12-25 days, depending on grade, Company paid holidays, Personal Days, Sick Leave
- Medical, dental, and vision coverage (or provincial healthcare coordination in Canada)
- Retirement savings plans (e.g., 401(k) in the U.S., RRSP in Canada)
- Life and disability insurance
- Employee assistance programs
- Other benefits as provided by local policy and eligibility
Important Notice: Compensation (including bonuses, commissions, or other forms of incentive pay) is not considered earned, vested, or payable until it becomes due under the terms of applicable plans or agreements and is subject to Capgemini's discretion, consistent with applicable laws. The Company reserves the right to amend or withdraw compensation programs at any time, within the limits of applicable legislation.
