AVP, Actuary - Life & Health
MMC

Job Info

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Title: AVP, Actuary - Life & Health

What to expect:

You will act as an actuarial and financial model advisor to clients, brokers, and markets. Assess reinsurance structures from actuarial prospective, monitor industry developments, research and respond to information requests, and provide timely and accurate service.

We will count on you to:

• Act as an advisor, delivering a coherent and compelling narrative after drawing insights and conclusions from actuarial analyses.
• Assess a range of risk exposures and predict outcomes for clients particularly as regards evaluating reinsurance programs, communicating directly with senior team members, brokers, and or clients on client's needs and reinsurance programs
• Continuously seek more efficient ways to complete client projects.
• Take part in or lead internal initiatives, offering ideas and feedback to improve outcomes as well as to help develop Guy Carpenter's thought leadership and industry expertise.
• Promote our team-oriented and highly collaborative culture by building strong relationships based on mutual respect.
• Evaluate and communicate reinsurance-related risk by interrogating data, performing experience and exposure rating, and understanding the drivers of the results
• Model the probability distributions of the gross/ceded/net underwriting results of an insurance company client based on an actuarial analysis of frequency and severity focusing on a large losses using proprietary software.
• Analyze how the distribution of results and relevant risk measures change as a result of application on various proposed reinsurance alternatives.
• Utilize cost/benefit analysis to advise brokers and clients "optimal" reinsurance programs based on risk tolerance level.
• Evaluate historical experience of treaties for use in negotiation of renewals and commutations.
• Support GC and MMC efforts in market creation and other projects requiring actuarial expertise.
• Respond to client queries and concerns, resolving issues promptly.
• Follow GC Professional Standards guidelines to minimize the potential for errors and omissions.
• Update management on issues, progress, etc., regularly and upon request.
• Flexibility to work on variety of A&H products as needed.
• Perform other job-related duties assigned.

What's in it for you?

• A company with a strong Brand and strong results to match.
• Culture of internal mobility, collaboration and valued partnership throughout business.
• Employee Resource Groups that provide access to leaders, relevant volunteer and mentoring opportunities and interactions with counterparts in industry groups and client organizations.
• Social Impact volunteering opportunities available for all colleagues through a network of colleague and business partnerships.
• Competitive pay (salary and bonus potential), Full benefits package - starting day one (medical, dental, vision, STI/LTI, life insurance, generous 401k match AND contribution.
• After six months, eligible for up to $10k tuition reimbursement per year and participation in our Employee Stock Purchase Plan.
• Actuarial Student Program to support and reward your progression toward ASA and FSA.

What you need to have:

• 3-5 years of relevant actuarial experience
• Progress towards ASA designation.
• Bachelors' degree in quantitative field such as Actuarial Science, Mathematics, Statistics.
• Excellent interpersonal skills for establishing and maintaining good client and internal relationships.
• Strong ability to be organized and pay attention to detail.
• Strong computer skills for using SQL & Microsoft Office (Excel, Word, PowerPoint, Access).
• Robust data management skills: ability to manipulate, interpret, and extrapolate complex data.
• Strong ability to maintain compliance with professional standards, where applicable, as well as company-wide quality initiatives.
• Strong ability to be open and flexible to changes in the organization and marketplace.
• Strong oral & written communication skills.

What makes you standout:

• A&H actuarial experience

GUY CARPENTER

Guy Carpenter & Company, LLC is 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 of Marsh & McLennan Companies (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people. The company's 75,000 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 companies including Marsh, Mercer and Oliver Wyman. For more information, visit www.guycarp.com and follow Guy Carpenter on LinkedIn and Twitter @GuyCarpenter

Marsh McLennan and its Affiliates are EOEMinority/Female/Disability/Vet/SexualOrientation/Gender Identity employers.

#reinsurance #actuary #actuaries #LI-KS1

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