AVP, Actuary Details

AVP, Actuary

Marsh and McLennan - New York, NY

Employment Type : Full-Time

Locations: New York, NY; Morristown, NJ or Philadelphia, PA

What to expect:

The aggregation potential in Casualty insurance is increasingly a focus area for insurers. Data and techniques for evaluating this exposure are in the early stages of development. You will be central to developing Guy Carpenter’s advisory services to insurance companies on this critical exposure. This position is instrumental to building out expertise and capabilities in this area as well as scaling the commercial impact.

We’ll count on you to:

• Lead the ingestion of client data including mapping to consistent data structures and remediating issues with data.

• Support the augmentation of client with data elements from external sources.

• Develop queries to extract and summarize data in response to requests.

• Work with Guy Carpenter brokers to develop data visualizations to support clients understanding of risk aggregation.

• Become an acknowledged expert in the use of Casualty Catastrophe models.

• Support the development of new casualty catastrophe scenarios

What's in it for you?

• A company with a strong Brand and strong results to match.

• Culture of internal mobility, collaboration and valued partnerships 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.

• After six months, eligible for up to $10k tuition reimbursement per year and participation in our Employee Stock Purchase Plan.

• Comprehensive actuarial student program

What you need to have:

• Bachelor’s degree in Actuarial Science or related quantitative field such as Mathematics or Statistics.

• 3-8 years of relevant insurance/ reinsurance experience in an analytical role.

• Experience working with insurance exposure, premium and loss data

• Understanding of the product lines and the global and regional industry conditions

• Demonstrated ability to communicate technical concepts to nontechnical audiences

• Ability to work on multiple projects at the same time.

• Ability to be organized and pay attention to detail.

• Excellent computer skills for using Microsoft Office (Excel, Word, PowerPoint, Access, Outlook).

• Ability to maintain compliance with professional standards, where applicable, as well as company-wide quality initiatives.

• Experience with database queries using SQL or related tools

• Ability to work with other internal colleagues to identify client needs in order to deliver solutions which meet or exceed client expectations

• Understanding of public economic data sources

• Curious and able to explore new concepts and technologies

• Knowledge of Python preferred

• Excellent oral & written communication skills.

• Ability to travel internationally and domestically.

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 Companies (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 www.guycarp.com and follow Guy Carpenter on LinkedIn and Twitter @GuyCarpenter

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