VP, Actuary at MMC

Posted in Other 21 days ago.

Location: Philadelphia, Pennsylvania





Job Description:

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.


Our team is seeking candidates for the following position located in the New York, Philadelphia, Atlanta, Seattle, Morristown, NJ, Minneapolis, Dallas or Chicago office.



What to expect:


  • You will be an individual contributor, who with minimal supervision, builds complex analyses to evaluate assumptions, premiums and risk, analyzes industry factors that affect loss liabilities, and consults with clients on reinsurance actuarial services that assess and mitigate risk.

  • This actuary is a strategic partner with brokers and clients helping to find the solutions to client problems.

  • You need to be able to work hand in hand with the actuarial and broking teams to ensure client and broking needs are met, analytics resources are used appropriately and GC Analytics is supporting and strengthening the relationship with the client.




What's in it for you?



  • A company with a strong Brand and strong results to match.


  • A competitive compensation package, full benefits package starting on day one including medical, dental, vision, STI, LTI, life insurance and a generous employer matched pension plan. We also allow staff the ability to participate in our employee stock purchase plan.


  • Generous time off allowances including vacation days, floating holidays and personal days. We also allow colleagues the ability to get a jump start on their long weekends with early close days.


  • Access to our employee resource groups which provide career growth and mentoring opportunities with counterparts in industry groups and client organizations.





We will count on you to:



  • Consult with brokers on client's needs and advise on reinsurance programs based on risk tolerance level and industry trends to help clients mitigate risk


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





What you need to have:


  • ACAS or FCAS with 6+ years in the industry


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


  • Pricing, valuation and/or capital modeling experience


  • Visualization skills - Power BI, Tableau or similar


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





What makes you standout:



  • Reinsurance experience





Guy Carpenter



Guy Carpenter & Company, LLCis a leading global risk and reinsurance specialist with more than 3,100 professionals in over 60 offices around the world. Guy Carpenter delivers a powerful combination of broking expertise, trusted strategic advisory services and industry-leading analytics to help clients adapt to emerging opportunities and achieve profitable growth. Guy Carpenter is a business ofMarsh McLennan(NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people. The company's 85,000 colleagues advise clients in over 130 countries. With annualized revenue of over $20 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading companies includingMarsh,MercerandOliver Wyman. For more information, visit www.guycarp.com and follow Guy Carpenter on LinkedIn and Twitter@GuyCarpenter


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 contactingTANA@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 based teams will identify at least one "anchor day" per week on which their full team will be together in person. 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.


#LI-KS1 #reinsurance #actuary


The applicable base salary range for this role is $114,700 to $210,400.


The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.


We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.
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