Marsh McLennan

AVP, Actuary

Marsh McLennan • $84K — $155K *
New York, NY 10025In-Person
Finance & Insurance
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Actuarial Science, Data Science, Economics, Accounting, Physics, or related field.
  • 2+ years of actuarial or related experience in underwriting, brokerage, or P&C insurance, with at least one actuarial exam completed.
  • Demonstrated curiosity and a growth-oriented mindset, with ability to lead initiatives and research projects.
  • Strong communication and presentation skills for explaining complex technical concepts to brokers and clients.
  • Team-oriented and proficient in MS Excel and Microsoft Office products.

Responsibilities

  • Communicate directly with brokers about client needs and advise on reinsurance programs based on risk tolerance and industry trends.
  • Perform calculations using specialty models and client data to assess risk exposures and project outcomes.
  • Review client data for reasonableness, load data into predictive models, run analyses, and share results with brokers.
  • Direct junior team members in analyzing industry and regulatory developments affecting loss liabilities and client outcomes.
  • Independently build complex MetaRisk analyses and explain assumptions and results.
  • Establish and maintain relationships with brokers, reinsurers, and clients to support new business development.

Benefits

  • Health and welfare benefits
  • Tuition assistance
  • 401K savings and other retirement programs
  • Employee assistance programs
Full Job Description
Company:
Guy Carpenter

Description:

We are seeking a talented individual to join our team at Guy Carpenter. This role will be based in New York, NY. The is a hybrid role that requires at least three days a week in the office.

This role supports reinsurance actuarial services by working with brokers, performing risk analyses, guiding junior team members, and maintaining key client and market relationships.

We will count on you to:
  • Communicates directly with brokers regarding client needs and advises on reinsurance programs based on risk tolerance and industry trends.
  • Performs calculations using specialty models and client data to assess risk exposures and project outcomes.
  • Reviews client data for reasonableness, loads data into predictive models, runs analyses, and shares results with brokers to support the reinsurance transaction process.
  • Directs junior team members in analyzing industry and regulatory developments that may affect loss liabilities and client outcomes.
  • Independently builds more complex MetaRisk analyses and uses the model to explain assumptions and results.
  • Establishes and maintains relationships with brokers, reinsurers, and clients to support new business development in reinsurance actuarial services.


What you need to have:
  • Bachelor's degree in Actuarial Science, Data Science, Economics, Accounting, Physics, or a related field.
  • 2+ years of actuarial or related experience in underwriting, brokerage, or P&C insurance, with at least one actuarial exam completed.
  • Curious, proactive, and growth-oriented, with the ability to lead internal initiatives and research projects to completion.
  • Strong communication and presentation skills, with the ability to explain complex technical concepts clearly to brokers and clients.
  • Collaborative, team-oriented, and proficient in MS Excel and other Microsoft Office products.


What makes you stand out:
  • 1+ year of experience or internship in insurance or reinsurance.
  • Progress towards CIS track.
  • Familiarity with R, Python, SQL, Alteryx, or Power BI.


The applicable base salary range for this role is $84,700 to $155,400.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

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

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at Marsh McLennan

More Finance & Insurance Jobs

Find similar AVP, Actuary jobs:

NationwideNew York, NY