Marsh McLennan

VP, Reinsurance Actuary

Marsh McLennan$114K — $210K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • ACAS with 5-6 years in the industry.
  • Bachelor’s degree in Actuarial Science, Economics, Math, Statistics, or related field.
  • Experience in pricing, valuation, and/or capital modeling.
  • Strong proficiency in Microsoft Office suite.
  • Experience with data visualization tools such as Power BI or Tableau.
  • Excellent verbal and written communication skills.
  • Coding experience in Python, Alteryx, R, VBA, SQL; familiarity with Databricks.

Responsibilities

  • Consult with brokers to understand client needs and advise on reinsurance programs.
  • Strategically communicate with brokers, reinsurers, and clients to anticipate needs for actuarial services.
  • Implement complex risk assessment models and develop pricing strategies.
  • Evaluate the impact of reinsurance structures on clients' financial standing.
  • Utilize AI to streamline and enhance analytical processes while maintaining actuarial standards.
  • Create strategies that align with broking to support revenue growth and strengthen client relationships.

Benefits

  • Professional development opportunities.
  • Supportive and vibrant workplace culture.
  • Diverse career opportunity across various lines of business.
Full Job Description
Company:
Guy Carpenter

Description:

What to expect:

As a Reinsurance Actuary on the Global Analytics team, you will be an individual contributor who, with minimal supervision, serves as a strategic actuarial and analytics partner to brokers and clients. You will build and communicate complex analyses that evaluate assumptions, premiums, and risk; assess industry factors that affect loss liabilities; and consult with clients on reinsurance actuarial services that help assess and mitigate risk.

You’ll bring togetherthe GC view, client view, and market viewto deliver insight that is technically rigorous and commercially actionable. You’ll also help modernize how we work byusing AI to streamline and augment analyses, leveraging modern tooling such asDatabricks and Pythonto improve speed, consistency, and scalability.

The position can be based in our New York City, Morristown, Philadelphia, Minneapolis, Dallas, Atlanta, Seattle, San Francisco or Chicago office. This is a hybrid role that has a requirement of working at least three days a week in the office.

We will count on you to:

  • Consult with brokers on client needs and advise on reinsurance programs based on risk tolerance and industry trends to help clients mitigate risk.

  • Communicate strategically with brokers, reinsurers, and clients to anticipate needs and drive usage of reinsurance actuarial services.

  • Implement complex models/calculations to assess risk and develop pricing and strategies for a range of risk exposures.

  • Evaluate how reinsurancestructures and expected results impact the clients overall financial standing(e.g., earnings volatility, capital position) and ensure program design meets client needs.

  • UseAI-enabled approachesto streamline and augment repeatable work (e.g., analysis setup, sensitivity testing, QA checks, documentation, and executive summaries) while maintaining actuarial standards and controls.

  • Help createbroking-aligned strategies that support revenue generation, including identifying opportunities and positioning analytics-led solutions that strengthen client relationships.

What you need to have:

  • ACAS with 5 6 years in the industry.

  • Bachelors 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/tools (e.g.,Python, Alteryx, R, VBA, SQL); comfort working with modern analytics platforms such asDatabricks.

  • Comfortable working in interactive teams with brokers and clients.

  • Ability to lead day-to-day parts of a project and make decisions to keep projects moving forward.

  • Strong problem-solving skills.

What makes you stand out:

  • Reinsurance actuarial, stochastic modeling and/or capital modeling experience.

  • Experience influencing senior management

  • Diverse background working in various roles and lines of business.

  • Demonstrated use of automation/AI to improve analytical efficiency and consistency.

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

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
Net Income
$2 billion
Founded
1914
5 Year Trend
+8.5%
Revenue
$17.2 billion
NASDAQ

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