Marsh & McLennan Companies
This VP Actuary position will focus on advising clients on cyber risk quantification and profitable growth strategies.
You will be part of the GC Analytics Actuarial team, working with brokers, clients and other GC Analytics colleagues to deliver actuarial services and financial modeling to help assess loss exposure and the financial impact of risk mitigation strategies.
You will evaluate loss expectations and pricing of different reinsurance programs and the financial impact of those programs.
Additionally, you will support capital modeling, portfolio management, and other analytical services as requested by clients.
Your work will also include supporting company-wide initiatives to modernize our tool suite, products and analytical skill set.
We’ll count on you to :
Check client data for reasonability, perform standard actuarial analyses (ground-up loss ratio, experience and exposure rating) and evaluate output in support of reinsurance transactions
Prepare client data in model-specific format and make necessary assumptions to perform cyber portfolio risk modeling analyses using GC proprietary models and third-party cyber vendor models
Build MetaRisk reinsurance optimization analyses with minimal supervision, analyze cost / benefit tradeoff under various proposed reinsurance alternatives
Communicate directly with brokers and senior team members on client’s needs and advise on reinsurance programs based on risk tolerance level and industry trends
Prepare intuitive, clear and concise exhibits based on modeled results, create deliverables that focus on client-valued insights using advanced data visualization tools
Participate in client and prospect presentations, build long-term trusted advisor relationship with key clients
Develop in-depth knowledge in their-party cyber vendor models
Work with team to build, modify and automate GC proprietary cyber models and processes to refine GC’s view of cyber risk and to improve workflow efficiency
What’s in it for you?
A company with a strong Brand and strong results to match
Culture of internal mobility, collaboration and valued partnership throughout business
Employee Resource Groups which provide access to leaders, relevant volunteer and mentoring opportunities and interactions with counterparts in industry groups and client organizations
Competitive pay (salary and bonus potential), Full benefits package – starting day one (medical, dental, vision, STI/LTI, life insurance, generous 401k match AND contribution
Eligible to participate in actuarial support program
After six months, eligible for up to $10k tuition reimbursement per year and participation in our Employee Stock Purchase Plan
What you need to have:
Bachelor’s degree preferably in Actuarial Science, Business, Economics, Mathematics or related field
7+ years of P&C insurance experience
ACAS or FCAS designation
Excellent verbal and written skills for complex communications with clients, markets and GC colleagues at all levels of the organization
Strong project management and problem solving skills, able to independently prioritize workload according to volume, urgency etc.
High proficiency in Microsoft office products, e.g.
Excel, PowerPoint, Word
What will make you stand out:
Coding experience in utilizing programming languages, e.g.
R, Python, VBA or SQL
Familiarity with data analytics and visualization software, e.g.
Power BI, R Shiny or Tableau
GUY CARPENTER
Guy Carpenter & Company, LLC is a leading global risk and reinsurance specialist with more than 3,100 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.
Guy Carpenter is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people.
The company’s 75,000 colleagues advise clients in over 130 countries.
With annualized revenue approaching $17 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading companies including Marsh , Mercer and Oliver Wyman .
For more information, visit and follow Guy Carpenter on LinkedIn and Twitter @GuyCarpenter
Marsh McLennan (NYSE: MMC) is the world’s leading professional services firm in the areas of risk, strategy and people.
The Company’s 76,000 colleagues advise clients in over 130 countries.
With annualized revenue approaching $17 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh advises individual and commercial clients of all sizes on insurance broking and innovative risk management solutions. Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations meet the health, wealth and career needs of a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients.
For more information, visit mmc.com , follow us on LinkedIn and Twitter @ mmc_global or subscribe to BRINK .
Chief Actuary