Actuarial Analyst - Multiple Locations - College Program 2025

Marsh & McLennan Companies; Seattle (WA); Hybrid; USD 80,000 - 85,000; Full time

Job summary

An established industry player is seeking a driven Actuarial Analyst to join their dynamic team. This is an exciting opportunity to work in a hybrid environment, where you will utilize your analytical skills to support reinsurance strategies for top-tier clients. You will engage in meaningful projects that leverage sophisticated modeling and data analysis, contributing to a culture of collaboration and innovation. With a strong commitment to diversity and inclusion, this firm offers a comprehensive benefits package, competitive pay, and a supportive environment for professional growth. If you're eager to make a significant impact in the actuarial field, this role is perfect for you.

Benefits

Medical insurance

Dental insurance

Vision insurance

Generous 401k match

Parental leave

Tuition reimbursement

Paid time off

Employee Stock Purchase Plan

Study material purchase for exams

Competitive actuarial study program

Qualifications

• Bachelor's degree in a technical discipline required with a focus on Actuarial Science or related fields.
• Completion of 1-2 CAS exams preferred, showcasing commitment to the actuarial profession.

Responsibilities

• Analyze and interpret data to support reinsurance programs and client strategies.
• Collaborate with teams to provide strategic insights to major insurance companies.

Skills

Actuarial Science

Data Analysis

Communication Skills

MS Excel

R

Python

SQL

Power BI

Alteryx

Education

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

Tools

MetaRisk software suite

MS Office products

Job description

Actuarial Analyst - Multiple Locations - College Program 2025

Apply - remote type: Hybrid

Locations: Seattle - Fifth Avenue, Edina - Minnesota, Philadelphia - South 17th, New York - 1166, Atlanta - Lenox

Time type: Full time

Posted on: Posted 24 Days Ago

Job requisition id: R_281813

Company:

Guy Carpenter

Description:

Guy Carpenter LLC Global Strategic Advisory is seeking talented and motivated individuals to join our GC Analytics Actuarial team.

What can you expect?

• You will join a team of Actuarial Advisors that deploy deeply specialized quantitative skills and sophisticated modeling to provide critical measurement and insight to our clients.
• You will get to work alongside our top-tier professionals, generating a comprehensive view of all portfolio profitability components to help clients align day-to-day underwriting strategies to support long-term goals.
• You will be responsible for organizing, analyzing and interpreting data and performing modeling to help analyze the cost and structure of a reinsurance program as well as other analytics projects across multiple lines of business and geographies.
• Collaborative and cross-functional teams that deliver strategic insights to the largest and most prominent insurance companies in the world.

What is in it for you?

• A commitment to providing an environment that values diversity, is committed to equity, and fosters an inclusive team.
• Join an outstanding professional services firm with more than 150 years of history – we are 76,000 colleagues in four global businesses united by a common purpose to make a difference in the moments that matter.
• Culture of internal mobility, collaboration and strong partnerships across the business.
• Competitive pay, full benefits package – starting day one (medical, dental, vision, STD/LTD, life insurance, generous 401k match AND automatic contribution).
• Competitive actuarial study program, including generous study hours, study material purchase, and base pay increases for passing exams.
• Generous Parental Leave and Tuition Reimbursement plan per year and participation in our Employee Stock Purchase Plan.
• Generous paid time off for vacation, sick, company holidays and time to give back to your community.
• Colleague Resource Groups, which provide access to leaders, relevant volunteer and mentoring opportunities, and interactions with counterparts in industry groups and client organizations.

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.
• Contribute 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 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 degree in a technical discipline such as Actuarial Science, Data Science, Engineering, Physics, Mathematics or Statistics.
• An expected graduation date of December 2024 or May 2025 is required.
• Completion of 1 – 2 Casualty Actuarial Society (CAS) exams preferred.
• Curious and proactive mindset: desire and ability to lead internal initiatives and research projects to completion.
• Superior communication and presentation skills: an ability to translate complex technical analysis and concepts into easily understandable terms for brokers and clients.
• 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.
• Proficient in MS Excel with skills in other MS Office products.
• Legal work authorization to work in the U.S. on a permanent and ongoing basis without the need for sponsorship now or in the future.

What makes you stand out, possibly through an internship:

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

The applicable salary for this role is $80,000 to $85,000.

What's next:

Application Instructions:

• We are hiring in multiple locations. As you are filling out your application, you'll have the opportunity to select your desired location. Should you have interest in multiple locations, your recruiter will work with you to make those connections should that be necessary.
• When creating your application, please use your permanent home address and use your personal email address rather than your school email address.
• Application deadline is Sunday, October 13th.

First Round Interviews:

• Applications are reviewed on a rolling basis.
• Further timing and instructions will be provided after submission of the application.

About Guy Carpenter:

Guy Carpenter & Company, LLC is a leading global risk and reinsurance specialist with more than 3,500 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.