Actuary - Marine, Energy & Engineering - Guy Carpenter

GB001 Marsh Ltd; City Of London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A global reinsurance firm in London is seeking a pricing actuary to lead client casework and develop innovative pricing tools. The role requires strong analytical and communication skills, with opportunities for professional development in a collaborative environment. Ideal candidates have a relevant bachelor's degree and proficiency in actuarial software. Join a vibrant team focused on creating impactful solutions for diverse clients.

Benefits

Professional development opportunities

Vibrant and inclusive culture

Career opportunities and benefits

Qualifications

• Demonstrated expertise as a pricing actuary or capital modelling actuary.
• Part qualified, nearly qualified or fully qualified actuaries will be considered.
• Experience in Marine, Energy, Engineering and Terror lines of business is preferable.

Responsibilities

• Lead client casework with care and precision, including risk analysis.
• Collaborate on model and tool development, bringing fresh ideas.
• Design innovative tools to process, visualise, and analyse data.
• Communicate clearly and empathetically, engaging brokers.
• Balance multiple priorities with confidence and manage deadlines.
• Translate complex technical concepts into accessible insights.

Skills

Analytical skills

Problem-solving skills

Communication skills

Client-facing experience

Education

Bachelor’s degree in Mathematics, Statistics, Economics

Tools

Python

R

SQL

Excel

Job description

Description

The Marine, Energy, and Engineering Analytics team currently comprises eleven actuaries and two catastrophe modellers in London, along with three additional catastrophe modellers in Mumbai. We are a truly global team serving large multinational clients, regularly collaborating with our broking and analytical colleagues across the US and Asia. There is ample opportunity to add real value to our clients and plenty of room for creativity. Our team is collaborative and innovative, having naturally grown over the years with colleagues joining from other teams within the company.

The team maintains a significant client and market-facing presence, and team members are expected to support this by presenting and pitching to prospective clients. While based in London, the successful candidate will have the opportunity to become a key part of a team with a global reach and remit. This role offers a genuine opportunity to contribute to the development and innovation of pricing reinsurance tools as the company continues to invest.

We will count on you to:

• 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.

What you need to have:

• 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.

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.
• 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.

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.