Business Development Actuary, Life & Annuity
MMC

Job Info

---

Guy Carpenter's global Life and Annuity Reinsurance team helps our clients deliver on growth and changing risk strategies. Working with GC Securities and GC Strategic Advisory colleagues, we provide clients solutions for divesting and monetizing underperforming and non-core businesses, increasing capital efficiency and supporting new growth opportunities.

Our global Life and Annuity Reinsurance team is seeking candidates for the following position located in the New York or Chicago office.

What to expect:

• You are a qualified actuary (ASA or new FSA) experienced in Life and Annuity (re)insurance, and will join our growing team and support additional origination, deal management and transaction execution for the Global Risk Solutions team.
• In addition to advising and pricing Life & Annuity products and reinsurance solutions, you will also support with financial modelling, client presentations, NDAs, engagement letters and service level agreements.
• As part of the wider sales unit you will advise clients on technical risk quantification, risk management and reinsurance pricing topics.
• You will work collaboratively both within the Global Risk Solutions and with various functions and subject matter experts within Guy Carpenter/Marsh/ Mercer/Oliver Wyman across the United States, Canada, Latin America and indeed, globally.
• You will interact regularly with clients.

What's in it for you?

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

We will count on you to:

• Bring valuable life re/insurance expertise including practical knowledge of US GAAP and Statutory accounting (concentrating on recent PBR changes), as well as economic, rating agency and regulatory capital. The ideal candidate will be eager to develop expertise in structuring, originating and executing bespoke reinsurance solutions. Other key characteristics/attributes include:
• Understand jurisdictional benefits (non-US) from a tax, accounting, capital and regulatory standpoint
• Price and structure reinsurance programs, collaborating with actuarial colleagues and contributing to cross-functional teams
• Support manager and team with front line client servicing (supply of market information, negotiating amendments/improvements to cover, facilitating client/reinsurer meetings etc.)
• Develop client relationships across re/insurers at all levels of the organizations and growing relationships with key decision makers in US, across the Americas and globally
• Proactively contribute to building the practice and broadening overall expertise and brand of Global Risk Solutions team through participation at industry-wide events

What you need to have:

• Actuarial designation (IAF, FSA, FIA, SAV, ASA or equivalent)
• Minimum 3 - 7+ years post-qualification experience in Life & Annuity re/insurance and/or on re/insurance transactions
• Knowledge of Americas re/insurance markets, with focus on USA
• A willingness to deal with international clients and markets

What makes you stand out:

• Additional language (Spanish, Portuguese) proficiency

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 (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people. The company's 83,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $20 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.

#LI-KS-1 #actuaries #reinsurance #actuary

The applicable base salary range for this role is $115,000 to $220,000.
The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education. 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.

This job has expired.