Actuary - Marine, Energy & Engineering

National African-American Insurance Association (NAAIA); Greater London; Hybrid; GBP 60,000 - 90,000; Full time

Job summary

A leading global risk advisory firm in Greater London seeks a Pricing Actuary to lead client casework, focusing on risk assessment and the development of analytical tools. Candidates should have a Bachelor's degree in a related field and demonstrate expertise in actuarial practices. The role offers professional development opportunities and a vibrant, inclusive culture. The ideal candidate will bring strong analytical skills and the ability to communicate complex concepts clearly.

Benefits

Professional development opportunities

Supportive work culture

Range of career opportunities

Qualifications

• Demonstrated expertise as a pricing actuary or capital modelling actuary, preferably in the London Market.
• Strong analytical, problem-solving, and communication skills.
• Proficiency in actuarial software and statistical/data analysis tools.

Responsibilities

• Lead client casework with care, risk analysis, structuring, pricing, and optimisation of reinsurance programmes.
• Collaborate on model and tool development, bringing fresh ideas.
• Design tools to process, visualise, and analyse data.

Skills

Analytical skills

Communication skills

Problem-solving skills

Client-facing experience

Curiosity to learn

Education

Bachelor's degree in Mathematics, Statistics, Economics or related field

Part qualified, nearly qualified or fully qualified actuary (IFoA, SOA, CAS or equivalent)

Tools

Excel

Python

R

SQL

Job description

Responsibilities

• Lead client casework with care and precision, including risk analysis, structuring, pricing, and optimisation of technically complex reinsurance programmes.
• Collaborate on model and tool development, bringing fresh ideas and perspectives.
• Design innovative tools to process, visualise, and analyse data in ways that empower decision‑making.
• Communicate clearly and empathetically, engaging brokers and delivering presentations that build trust and understanding.
• Balance multiple priorities with confidence, managing deadlines and stakeholder needs thoughtfully.
• Translate complex technical concepts into accessible insights for diverse audiences.
• Pursue independent research in Marine, Energy, Terrorism, and Engineering, nurturing your expertise and staying connected to market and regulatory developments.

Qualifications

• Demonstrated expertise as a pricing actuary or capital modelling actuary, preferably in the London Market.
• Part qualified, nearly qualified or fully qualified actuaries will be considered (e.g., IFoA, SOA, CAS, or equivalent).
• Bachelor's degree in Mathematics, Statistics, Economics, or a related field.
• Strong analytical, problem‑solving, and communication skills.
• Proficiency in actuarial software and statistical/data analysis tools (e.g., Python, R, SQL, Excel).
• Experience in Marine, Energy, Engineering and Terror lines of business is preferable but not necessary.

What Makes You Stand Out

• A mature, self‑driven individual with the curiosity to question and learn.
• Client‑facing experience.
• Ability to remain calm under pressure and work flexibly when required.

Benefits

• 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.

At Guy Carpenter, you can be your best. We work on challenges that matter with colleagues who help bring out our best. Our uniquely collaborative environment will empower you to focus on your personal and professional success, learning from top specialists in the (re)insurance industry and leading you towards a rewarding and impactful career.

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, civil partnership status, 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. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at [e-mail].

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.