Actuarial Data Consultant

Actuarial Data Consultant 

Location: NY or CHI
Level: Consultant

About the Team 

Capco is a global management and technology consultancy specializing in advisory, implementation, and delivery of client-centric solutions across Financial Services, Energy, and Insurance industries. We partner with leading institutions to modernize platforms, drive digital transformation, enhance data capabilities, and implement innovative technology solutions. 

Within our Insurance practice, we combine deep actuarial expertise with advanced data engineering and analytics to help clients modernize forecasting processes, optimize decision-making, and build scalable, technology-enabled actuarial capabilities. 

About the Role 

Capco is seeking an Actuarial Associate or early-career Actuarial Data Scientist with a strong mathematics, data science, or computer science background who is looking for an exciting career change into the world of consulting. 

In this role, you will work alongside senior data scientists and engineers to help design and build advanced data knowledge graph and ontological models that support end-to-end actuarial processes. This is an exciting opportunity for an actuarial student or actuarial professional looking to expand beyond traditional pricing or valuation work and contribute to data-driven transformation initiatives in an innovative and creative culture. 

You will apply actuarial concepts, statistical modeling, and programming skills to structure complex actuarial end-to-end processes, and make data come alive through LLM application. 

What You’ll Get to Do 

• Apply actuarial knowledge to support the design and implementation of structured data and ontological models for actuarial processes. 

• Collaborate with senior data and graph specialists to translate actuarial workflows into scalable technical frameworks. 

• Analyze insurance datasets and contribute to modeling efforts that improve accuracy and process efficiency. 

• Support data transformation, validation, and ingestion activities across actuarial systems. 

• Contribute to documentation and model governance to ensure clarity, traceability, and auditability. 

• Partner with cross-functional teams including data engineers, architects, and business stakeholders to align actuarial requirements with technical solutions. 

• Assist in enhancing automation and analytics capabilities within actuarial environments. 

What You’ll Bring 

• A love of tinkering with new technology and learning new skills 

• 1–3 years of professional experience as an actuarial associate, actuarial analyst, or data scientist within insurance or financial services. 

• Progress toward actuarial credentials, with successful completion of 2+ actuarial exams such as: 

• Probability (P) 

• Financial Mathematics (FM) 

• Statistics for Risk Modeling (SRM) 

• Other foundational actuarial exams preferred 

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Data Science, Computer Science, or a related quantitative field. 

• Dual background in mathematics and computer science strongly preferred. 

• Working knowledge of Python or R for data analysis and modeling; experience with data manipulation libraries is a plus. 

• Strong analytical thinking and problem-solving skills. 

• Ability to communicate technical actuarial concepts clearly to both technical and non-technical stakeholders. 

• Interest in applying actuarial expertise within modern data and technology transformation initiatives. 

Why Capco? 

A career at Capco is a chance to help reshape the competitive landscape in financial services. We launch new banks, transform existing ones, and help our clients navigate complex change. As consultants, we work on the front-end business design all the way through to technology implementation. 

We are the largest Financial Services-focused consultancy in the world, serving everyone from global banks to emerging FinTechs, from strategy through digital transformation, design, business consulting, data and analytics, cyber, cloud, technology architecture, and engineering. 

Capco is a young and growing firm. We maintain an entrepreneurial spirit and growth mindset and have minimal bureaucracy. We have no internal silos that get in the way of your career opportunities or ability to focus on our clients and make a difference to the business. We offer the opportunity for everyone to learn rapidly, take on tough challenges, and get promoted quickly. We take pride in our creative, collaborative, diverse, and inclusive culture, where everyone can #BYAW. 

We offer highly competitive benefits, including medical, dental, and vision insurance, a 401(k) plan, tuition reimbursement, and a work culture focused on innovation and creation of lasting value for our clients and employees. 

Ready to Take the Next Step? 

If this sounds like you, we would love to hear from you. This is an opportunity to make a difference and contribute to a highly successful company with a significant growth trajectory.