Manager - Actuarial

Guy Carpenter; Mumbai; Hybrid; INR 1,500,000 - 2,500,000; Full time

Job summary

Guy Carpenter in Mumbai is seeking a talented actuarial professional to join our team. This hybrid role requires presence in the office at least two days a week and involves data preparation, model runs, and communicating insights to clients.

You will work on predictive models, risk exposures, industry research, and develop dashboards and narratives to support reinsurance strategies, while collaborating with brokers, clients and colleagues.

Qualifications

• Bachelor’s or Master’s degree in a technical discipline such as Actuarial Science, Data Science, Engineering, Physics, Mathematics or Statistics.
• 4+ years of work experience; completion of at least 2 actuarial exams preferred.
• Curious and proactive mindset: desire and ability to lead internal initiatives and research projects to completion.
• A collaborative, team-oriented mindset and effective interpersonal skills that is a positive and helpful presence in colleague and client interactions.
• Strong ability to be organized and detail oriented.
• Capacity to progress multiple projects at the same time.
• A desire and ability to grow beyond your current capabilities.
• Superior communication and presentation skills.
• Proficient in MS Excel with skills in other MS Office products.

Responsibilities

• Contribute to developing an inclusive work environment that respects and values differences of background, experience, and thought.
• Organize client data, check data for reasonability, load data into predictive models, run the models, share insights with senior colleagues, and compile coherent narratives to help clients understand their degree of risk.
• Perform basic calculations with client data to assess a range of risk exposures and predict outcomes for clients in support of reinsurance transaction process.
• Conduct research on industry/regulatory developments that affect loss liabilities to determine the impact on clients.
• Generate exhibits, dashboards and decks leading to impactful and insightful discussions with clients on their reinsurance strategy.
• Establish and maintain strong relationships with brokers/clients/reinsurers/colleagues, assist in promptly responding to client queries and concerns.
• Keep teams updated on industry-specific and specialty related trends that may affect reinsurance programs/calculations.
• Leverage our proprietary MetaRisk software suite and other internal tools to develop and optimize bespoke reinsurance transactions and evaluate their impact on our clients capital, growth, and volatility objectives.

Skills

Curious mindset

Team collaboration

Communication

Presentation skills

Project management

Education

Bachelor’s or Master’s degree in Actuarial Science/Data Science/Engineering/Physics/Mathematics/Statistics

Tools

R

Python

SQL

Alteryx

Power BI

MS Excel

Job description

We are looking for a talented and dynamic individual to join our Actuarial team at Guy Carpenter. This role is based in Mumbai. This is a hybrid role that has a requirement of working at least two days a week in the office.

We will count on you to:

• Contribute to developing an inclusive work environment that respects and values differences of background, experience, and thought.
• Organize client data, check data for reasonability, load data into predictive models, run the models, share insights with senior colleagues, and compile coherent and compelling narratives to help clients understand their degree of risk.
• Perform basic calculations with client data to assess a range of risk exposures and predict outcomes for clients in support of reinsurance transaction process.
• Conduct research on industry/regulatory developments that affect loss liabilities to determine the impact on clients.
• Generating multiple exhibits, dashboards and decks leading to have impactful and insightful discussions with clients on their reinsurance strategy.
• Establish and maintain strong relationships with brokers/clients/reinsurers/colleagues, assist in promptly responding to client queries and concerns.
• Keep teams updated on industry-specific and specialty related trends that may affect reinsurance programs/calculations
• Leverage our proprietary MetaRisk software suite and other internal tools to develop and optimize bespoke reinsurance transactions and evaluate their impact on our clients capital, growth, and volatility objectives.

What you need to have:

• Bachelor’s or master’s degree in a technical discipline such as Actuarial Science, Data Science, Engineering, Physics, Mathematics or Statistics.
• 4+ years of work experience; completion of at least 2 actuarial exams preferred.
• Curious and proactive mindset: desire and ability to lead internal initiatives and research projects to completion.
• A collaborative, team-oriented mindset and effective interpersonal skills that is a positive and helpful presence in colleague and client interactions.
• Strong ability to be organized and detail oriented.
• Capacity to progress multiple projects at the same time.
• A desire and ability to grow beyond your current capabilities.
• Superior communication and presentation skills.
• Proficient in MS Excel with skills in other MS Office products.

What makes you stand out:

• Familiarity with programming languages & visualization tools (i.e., R, Python, SQL, Alteryx, Power BI)
• Experience in a technical role at a reinsurance broker, market, or catastrophe model vendor
• Prior experience in relevant re/insurance field. Understanding of the reinsurance industry and product lines

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

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

Marsh 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, caste, 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.

Marsh 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 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.

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