Marsh McLennan

Associate II - Reinsurance Actuaries

Marsh McLennan • $80K — $110K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
5 - 7 years of experience
1 month ago
Job Overview by Ladders

Qualifications

  • ACAS or FCAS designation with over 6 years of experience
  • Bachelor's degree in actuarial science, Economics, Math, Statistics, or a related field
  • Experience in pricing, valuation, and capital modeling
  • Proficient in Microsoft Office Suite
  • Strong visualization skills using Power BI, Tableau, or similar tools
  • Excellent verbal and written communication skills
  • Coding experience in programming languages such as Alteryx, R, Python, VBA, or SQL
  • Ability to work effectively in interactive teams with brokers and clients
  • Strong problem-solving skills

Responsibilities

  • Consult with brokers to assess client needs and advise on reinsurance programs
  • Implement complex models and calculations to assess risk
  • Develop pricing strategies for diverse risk exposures
  • Analyze industry factors impacting loss liabilities
  • Provide strategic consultation on mitigating client risk
  • Collaborate with actuarial and broking teams to ensure effective client solutions
  • Support analytics resources to enhance client relationships

Benefits

  • Comprehensive full benefits package starting on day one including medical, dental, vision, and life insurance
  • Generous employer-matched pension plan and employee stock purchase plan
  • Flexible vacation days, floating holidays, and personal days
  • Early close days to facilitate long weekends
  • Access to employee resource groups for career growth and mentorship
  • Hybrid work model allowing flexibility between office and remote work
Full Job Description
Company:
Guy Carpenter

Description:

We are seeking a Actuary for our Toronto Canada Office.

What to expect:

You will be an individual contributor, who with minimal supervision, builds complex analyses to evaluate assumptions, premiums and risk, analyzes industry factors that affect loss liabilities, and consults with clients on reinsurance actuarial services that assess and mitigate risk. This actuary is a strategic partner with brokers and clients helping to find the solutions to client problems. You need to be able to work hand in hand with the actuarial and broking teams to ensure client and broking needs are met, analytics resources are used appropriately, and GC Analytics is supporting and strengthening the relationship with the client.

What's in it for you?
  • A company with a strong Brand and strong results to match.
  • A competitive compensation package, full benefits package starting on day one including medical, dental, vision, STI, LTI, life insurance and a generous employer matched pension plan. We also allow staff the ability to participate in our employee stock purchase plan.
  • Generous time off allowances including vacation days, floating holidays and personal days. We also allow colleagues the ability to get a jump start on their long weekends with early close days.
  • Access to our employee resource groups which provides career growth and mentoring opportunities with counterparts in industry groups and client organizations. You can be assured that there is always an opportunity to learn and grow with Marsh.
  • Hybrid positions which provide the opportunity to work from both in the office and your home.

We will count on you to:
  • Consult with brokers on client's needs and advise on reinsurance programs based on risk tolerance level and industry trends to help clients mitigate risk
  • Implement complex models/calculations to assess risk and develop pricing and strategies for a range of risk exposures for clients

What you need to have:
  • ACAS or FCAS with 6+ years in the industry
  • Bachelor's degree in actuarial science, Economics, Math, Statistics, or related field
  • Pricing, valuation, and/or capital modeling experience
  • Strong skills in Microsoft Office suite
  • Visualization skills - Power BI, Tableau or similar.
  • Excellent communication skills; verbal and written
  • Coding experience in programming languages (i.e. Alteryx, R, Python, VBA , SQL)
  • Comfortable working in interactive teams with brokers, and clients
  • Ability to lead day to day parts of the project and make decisions to keep projects moving forward
  • Strong problem-solving skills

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, a Marsh business, 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.

This is a Replacement position.

About Marsh McLennan

Marsh McLennan Careers

Join the exceptional team at Marsh McLennan, a global leader in professional services, offering unparalleled job opportunities in insurance, risk management, and consultancy. As the company propels forward, it invites dedicated professionals to contribute to a culture of innovation, leadership, and growth.

Work You’ll Do

At Marsh McLennan, you will engage with complex challenges that push the boundaries of your skills and knowledge. Our team thrives on diversity and the shared goal of delivering impactful solutions to our clients worldwide. By joining us, you will be part of a culture that values diversity training and leadership development, ensuring every team member is equipped for success.

Explore Professional Growth

Marsh McLennan is committed to the professional growth of its employees. Whether you are seeking a position that offers a path to leadership or looking for robust internship programs to kickstart your career, Marsh McLennan provides the resources and global platform to propel your ambitions into achievements. Our benefits package is designed to support the well-being and continuous professional development of all staff, from entry-level to senior leadership roles.

Innovative Work Environment

Our company is at the forefront of industry innovation. The collaboration between experienced professionals and fresh talent generates dynamic solutions that keep Marsh McLennan at the cutting edge of the industry. Our team is encouraged to lead with creativity and embrace new ideas, driving the company’s legacy of pioneering industry-first solutions.

Join Our Team

Marsh McLennan is hiring! Explore the multitude of job opportunities on our careers page, from strategic advisory roles to operational excellence positions. We look for passionate, curious, and solution-driven team players. Enhance your career with Marsh McLennan, where your skills will be honed through challenging projects and high-impact strategies.

Networking and Career Advancement

Networking at Marsh McLennan opens doors to enriching connections and countless opportunities within the industry. Our professionals benefit from an environment that fosters networking through events, professional groups, and collaborative projects. With Marsh McLennan, career advancement is not just a possibility—it is an expectation.

Prepare for Your Interview

Ready to apply? Make sure your resume highlights your most relevant experiences and skills tailored to the position you are applying for. Our interview process is designed to understand your capabilities and fit with our team’s goals and values. Prepare to discuss how your background, experiences, and professional aspirations align with the opportunities at Marsh McLennan.

Stay Connected

Keep up to date with the latest from Marsh McLennan: - **Career Insights**: Gain insider perspectives and industry-leading insights through our careers blog. - **Job Alert Emails**: Personalize your subscription to receive job alerts and the latest news tailored to your preferences. Discover the rewarding career opportunities awaiting at Marsh McLennan, where your professional journey is just the beginning. Join us in shaping a future defined by insight, integrity, and innovation.
Learn more about Marsh McLennan
Size
83,000 employees
Market Cap
$82.6 billion
Industry
Finance & Insurance
Net Income
$2 billion
Founded
1914
5 Year Trend
+8.5%
Revenue
$17.2 billion
NASDAQ
MMC
* Ladders Estimates

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