Reinsurance Actuary (Property & Casualty)

5 Minutes ago • 3 Years + • $84,700 PA - $155,400 PA

Job Summary

Job Description

This role at Guy Carpenter is for a Reinsurance Actuary, based in Philadelphia or Seattle. The North American Actuarial Advisory team advises clients on reinsurance programs. Responsibilities include consulting with senior actuaries and brokers to advise on reinsurance programs based on risk tolerance and industry trends, and implementing models to assess risk and develop pricing and strategies. This role is hybrid and requires working in the office at least three days a week.
Must have:
  • 3+ years of experience in property & casualty insurance
  • 3+ CAS actuarial exams
  • Bachelor’s degree in Actuarial Science or related field
  • Pricing, valuation, and/or capital modeling experience
Good to have:
  • Reinsurance experience
  • Coding experience in programming languages
  • Depth of expertise in a particular line or segment
  • Visualization skills – Power BI or similar.
Perks:
  • Professional development opportunities
  • Interesting work
  • Supportive leaders
  • Vibrant and inclusive culture
  • Career opportunities
  • Benefits and rewards to enhance your well-being

Job Details

Company:

Guy Carpenter

Description:

We are seeking a talented individual to join our team at Guy Carpenter. This role will be based in Philadelphia or Seattle. This is a hybrid role that has a requirement of working at least three days a week in the office.

Guy Carpenter’s North American Actuarial Advisory team helps our clients deliver on growth and manage changing risk strategies in an ever-changing economic environment.  Working with Broking, Strategic Advisory, Peril Advisory, Ratings Advisory, the Chief Actuary’s Office and CAT Advisory, we provide our clients solutions to optimize reinsurance placement, increasing capital efficiency and support new growth opportunities.  We act as both an advisor and an advocate for our clients and support them in a myriad of ways.

We will count on you to:

  • Consult with senior actuaries and brokers on client's needs and assist in advising on reinsurance programs based on risk tolerance level and industry trends to help clients mitigate risk

  • Implement models/calculations to assess risk and develop pricing and strategies for a range of risk exposures for clients

What you need to have:

  • 3+ years of experience in property & casualty insurance

  • 3+ CAS actuarial exams

  • Bachelor’s degree in Actuarial Science, Economics, Math, Statistics, or related field

  • Pricing, valuation, and/or capital modeling experience

What makes you stand out:

  • Reinsurance experience

  • Coding experience in programming languages (i.e. Alteryx, R, Python, VBA, SQL)

  • Depth of expertise in a particular line or segment within the insurance industry

  • Visualization skills – Power BI or similar.

Why join our team:

  • We help you be your best through professional development opportunities, interesting work and supportive leaders.

  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.

  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

#LI-JG3

Guy Carpenter, a business of Marsh McLennan (NYSE: MMC), is a leading global risk advisory and reinsurance specialist and broker. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit guycarp.com, or follow on LinkedIn and X.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@mmc.com.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

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About The Company

Marsh McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman . With annual revenue of $23 billion and more than 85,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective.


Follow us on X at @MarshMcLennan.

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