About this opportunity
Capgemini lists this Business Analyst with Actuarial domain opportunity in cary, North Carolina. Review the employer’s description below for duties, qualifications and application requirements.
Job description
Role: Business Analyst with strong Actuarial domain
Location: Atlanta, GA
Fulltime
Year of Experience: 9+ Years of experience
Job Summary
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."
Worksite address
cary, NC, 27518, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.