Senior Specialist - Actuarial

2 Months ago • 2-4 Years

Job Summary

Job Description

This role is for a Senior Specialist in Actuarial within the Actuarial Advisory team at Guy Carpenter, based in Mumbai. Responsibilities include contributing to an inclusive work environment, organizing client data, running predictive models, and sharing insights. The role involves assessing risk exposures, researching industry developments, generating exhibits, and maintaining client relationships. The candidate will also leverage MetaRisk software and other tools to optimize reinsurance transactions. The job requires working at least three days a week in the office. The role offers professional development opportunities, a vibrant and inclusive culture, and a range of career opportunities.
Must have:
  • Bachelor's or Master's in a technical discipline.
  • 2-4 years of work experience.
  • Completion of at least 2 actuarial exams preferred.
  • Curious and proactive mindset.
  • Collaborative and team-oriented mindset.
  • Strong organizational and detail-oriented skills.
  • Capacity to manage multiple projects.
  • Desire and ability to grow.
  • Superior communication and presentation skills.
  • Proficiency in MS Excel and MS Office products.
Good to have:
  • Familiarity with programming languages & visualization tools.
  • Experience in a technical role in reinsurance.
  • Prior experience in relevant re/insurance field.

Job Details

Company:

Guy Carpenter

Description:

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

Senior Specialist - Actuarial (Property & Casualty)

We will count on you to:


•Contribute to developing an inclusive work environment that respects and values differences of background, experience, and thought.
•Organize client data, check data for reasonability, load data into predictive models, run the models, share insights with senior colleagues, and compile coherent and compelling narratives to help clients understand their degree of risk.
•Perform basic calculations with client data to assess a range of risk exposures and predict outcomes for clients in support of reinsurance transaction process.
•Conduct research on industry/regulatory developments that affect loss liabilities to determine the impact on clients.
•Generating multiple exhibits, dashboards and decks leading to have impactful and insightful discussions with clients on their reinsurance strategy.
•Establish and maintain strong relationships with brokers/clients/reinsurers/colleagues, assist in promptly responding to client queries and concerns.
•Keep teams updated on industry-specific and specialty related trends that may affect reinsurance programs/calculations.
•Leverage our proprietary MetaRisk software suite and other internal tools to develop and optimize bespoke reinsurance transactions and evaluate their impact on our clients capital, growth, and volatility objectives.

What you need to have:
•Bachelor’s or master’s degree in a technical discipline such as Actuarial Science, Data Science, Engineering, Physics, Mathematics or Statistics.
•2-4 years of work experience; completion of at least 2 actuarial exams preferred.
•Curious and proactive mindset: desire and ability to lead internal initiatives and research projects to completion.
•A collaborative, team-oriented mindset and effective interpersonal skills that is a positive and helpful presence in colleague and client interactions.
•Strong ability to be organized and detail oriented.
•Capacity to progress multiple projects at the same time.
•A desire and ability to grow beyond your current capabilities.
•Superior communication and presentation skills.
•Proficient in MS Excel with skills in other MS Office products.

What makes you stand out:
•Familiarity with programming languages & visualization tools (i.e., R, Python, SQL, Alteryx, Power BI).
•Experience in a technical role at a reinsurance broker, market, or catastrophe model vendor.
•Prior experience in relevant re/insurance field. Understanding of the reinsurance industry and product lines.

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.

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, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

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 the world's leading professional services firm in the areas of risk, strategy and people. The Company's 76,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $17 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh advises individual and commercial clients of all sizes on insurance broking and innovative risk management solutions. Guy Carpenter develops advancedrisk,reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations meet the health, wealth and career needs of a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients.

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