FBS – Farmer Business Services is part of Farmers operations with the purpose of building a global approach to identifying, recruiting, hiring, and retaining top talent. By combining international reach with US expertise, we build diverse and high-performing teams that are equipped to thrive in today’s competitive marketplace.
We believe that the foundation of every successful business lies in having the right people with the right skills. That is where we come in—helping Farmers build a winning team that delivers consistent and sustainable results.
Since we don’t have a local legal entity, we’ve partnered with Capgemini, which acts as the Employer of Record. Capgemini is responsible for managing local payroll and benefits.
What to expect on your journey with us:
- A solid and innovative company with a strong market presence
- A dynamic, diverse, and multicultural work environment
- Leaders with deep market knowledge and strategic vision
- Continuous learning and development
This position oversees actuarial functions with a focus on financial projections of U.S. product liability cashflows. The role focuses on model development, testing, governance and consistency among various model stakeholders. This position leverages in-depth actuarial knowledge and understanding of the business to solve more complex issues and deliver strategic recommendations that align with business objectives. The position performs work independently while receiving guidance from a direct people leader and guiding more junior staff.
Responsibilities
- Collaborates with stakeholders, teams, and other departments to resolve more complex actuarial issues. Guides the preparation of financial projections to enable leadership to assess financial implications and overall impact of business decisions. Accountable for timely and accurate delivery of actuarial deliverables. Interprets data and formulas to extract valuable insights for management. Analyzes operational performance and presents findings and recommendations for optimization. May represent the actuarial department with external stakeholders.
- Independently develops and implements solutions to more complex actuarial issues. Oversees project workflows, provides robust feedback to stakeholders and management, and ensures timely and effective completion of work. Delivers on plans and priorities while guiding projects and/or teams to achieve successful outcomes and business objectives.
- Advocates for improvements to assumption formulas, procedures, and programs. Anticipates the impact of changes and ensures recommendations align with broader business objectives.
- Oversees the integration of new and updated products into financial projection system. Ensures actuarial modeling systems comply with controls and standards including updates for IT, product, and regulatory changes.
- Stays informed about industry trends, emerging actuarial practices, and regulatory changes to contribute effectively to work within team, department, or across departments. Acts as a subject matter specialist to mentor and train less experienced actuarial staff by providing guidance on fundamental actuarial principles and practices. Performs other duties as assigned.
Requirements
- 6+ years of experience working in relevant roles
- Advance experience working with actuarial projection software like MG-ALFA or equivalent (Axis or Profit)
- Experience working with Python, R, SAS or similar
- Strong understanding of actuarial modeling
- Familiarity with U.S. Life/Annuity product designs and features.
- Able to analyze complex data, interpret trends, and develop actuarial models and assumptions.
- Deep understanding on Financial Modeling within Alpha database
Benefits
This position comes with a competitive compensation and benefits package.
- A competitive salary and performance-based bonuses.
- Comprehensive benefits package.
- Flexible work arrangements (remote and/or office-based).
- You will also enjoy a dynamic and inclusive work culture within a globally renowned group.
- Private Health Insurance.
- Paid Time Off.
- Training & Development opportunities in partnership with renowned companies.
Skills Required
- 6+ years of experience working in relevant roles
- Advanced experience with actuarial projection software such as MG-ALFA, AXIS, or Prophet
- Experience working with Python, R, SAS, or similar technologies
- Strong understanding of actuarial modeling
- Familiarity with U.S. life and annuity product designs and features
- Ability to analyze complex data, interpret trends, and develop actuarial models and assumptions
- Deep understanding of financial modeling within the Alpha database
Capgemini Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Capgemini and has not been reviewed or approved by Capgemini.
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Healthcare Strength — Health coverage is positioned as comprehensive, spanning medical, dental, and vision alongside life and AD&D options. Additional wellbeing supports like employee assistance programs, gym discounts, and pet insurance broaden the value beyond core insurance.
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Parental & Family Support — Family-related benefits include maternity/paternity leave and broader family-forming support such as fertility and surrogacy assistance in some locations. Inclusive caregiving supports like back-up child and elder care and out-of-state medical travel are also highlighted.
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Equity Value & Accessibility — Equity participation is available through recurring employee share ownership or purchase programs, creating a longer-term wealth-building option in addition to salary. Eligibility and local access can vary, so confirming participation windows and requirements is important.
Capgemini Insights
What We Do
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 270,000 team members in nearly 50 countries. With its strong 50 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 reported in 2020 global revenues of €16 billion.
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