Senior Actuarial Analyst
Company Description
Marsh & McLennan Companies is a professional services firm like no other — a global network of 58,000 experts in risk, strategy, and people, united by an unusually collaborative culture that transcends business units and borders.
We bring the best people together to help clients discern new possibilities and pursue them with success.
For more than 140 years, we have grown by helping our clients prosper amid changing times and technologies, from the Industrial Revolution to the digital age. Our work today embraces many of society’s most complex challenges: sustainable business growth; the health, wealth, and performance of organizations' people; resource security; cyber security; economic instability; climate change; and terror threats.
Our people — at Marsh, Guy Carpenter, Mercer, and Oliver Wyman — are known for character, commitment to their clients' enterprise, and the temperament to overcome challenges. We are here for the long haul to help clients realize ambitious goals with the right plan, the right team, and the confidence that risks are fully addressed.
Job Summary:
The main responsibility is to assist Senior Analytics Professionals in delivering actuarial and financial modeling consulting services to colleagues and clients. Perform medium complexity mathematical and actuarial calculations to prepare data in order to be analysed and reviewed by senior actuaries.
Responsibilities & Duties:
Participate in the process to determine the actuarial appraisal value of an insurance company as part of a merger and acquisition transaction.
Work with Senior Actuary to examine alternative forms of risk financing.
Interpret and analyze basic underwriting information to assist brokers in marketing an evaluating reinsurance programs.
Under the supervision of a Senior Actuary design, price and evaluate reinsurance structures from an actuarial perspective.
Based on the knowledge acquired start analysing reinsurance structures independently.
Responsible for responding to simple client enquiries and concerns and resolving issues promptly.
Update Actuaries on issues, progress, etc., regularly and upon request.
Establish and maintain strong relationships with internal & external clients.
Document all external correspondence and telephone conversations in accordance with GC procedures, minimizing the potential for errors and omissions.
Perform other job-related duties as assigned
Qualifications
Bachelor’s degree in Actuarial Science or related quantitative field such as Mathematics or Statistics.
1 to 5 years of relevant insurance/ reinsurance experience performing Actuarial analysis.
Completed 2-3 Actuarial exams.
Good interpersonal skills for establishing and maintaining good client, reinsurer and internal relationships.
Analytical aptitude as demonstrated through academic experience or work assignments.
Strong ability to be organized and pay attention to detail.
Excellent verbal and writing skills for complex communications with clients, markets and GC colleagues at all levels of the organization.
Good ability to prioritize workload according to volume, urgency etc.
Strong academic record in major and summer internship or other work experience.
Excellent problem solving skills and financial aptitude.
General knowledge of business principles and reinsurance industry trends.
Great computer skills for using Microsoft Office (Excel, Word, PowerPoint, and Outlook).
Guy Carpenter & Company, LLC, a leading global risk and reinsurance specialist, has over a 90-year history of providing integrated solutions to the (re)insurance industry. With over 2,300 professionals in more than 50 offices around the world, Guy Carpenter delivers a powerful combination of broking expertise, strategic advisory services and industry-leading analytics to help our clients achieve profitable growth. As our clients’ most trusted and valuable reinsurance broker and strategic advisor, we leverage our intellectual capital to anticipate and solve for a range of emerging strategic business challenges and opportunities. We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. Visit www.guycarpenter.com for more information and follow us on LinkedIn and Twitter @GuyCarpenter
About job
Compensation: View Compensation
Job type:Direct hire
Job function:Analyst
Industry:Insurance
Experience level:Mid-senior
Education level:Bachelor’s degree
Location:New York, NYNew York, NY; Morristown, NJ; Seattle, WA; Philadelphia, PA; Minneapolis, MN
Zip code:10001
Skills: relevant insurance/ reinsurance experience performing Actuarial analysis, Insurance P&C, consulting experience, excellent communication skills
Experience required: 4 Years
Visa requirement:Only US citizens and Greencard holders
Number of positions: 1
If you are interested apply for job as soon as possible.
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