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    Pricing Analyst - London, United Kingdom - Marsh McLennan Companies

    Marsh McLennan Companies
    Marsh McLennan Companies London, United Kingdom

    3 weeks ago

    Default job background
    Full time
    Description

    Description:

    Guy Carpenter, Global Strategic Advisory is seeking candidates for the following position based in the London office. An exciting actuarial pricing opportunity combining analytical expertise with strategic thinking to assess risk, develop pricing strategies and optimise reinsurance purchase.

    What can you expect?

  • With a primary focus on the property line of business, you will be working closely with the broking team to support the placement of reinsurance.
  • We have a significant client and market-facing presence, and you will develop a strong commercial awareness of wider market trends and their influence on strategy.
  • Being led by approachable, friendly, and professional leaders where your progression and career development goals will be encouraged in a supportive environment.

    • We will rely on you to:

  • Work with lead actuaries to undertake client work including the analysis of risk, structuring, pricing and optimisation of technically complex reinsurance programmes.
  • Build stochastic models to assess risk and develop pricing and strategies for clients.
  • Consult with brokers to understand client's needs and objectives and support in communicating technical output to internal and external audiences with varying levels of knowledge.
  • Establish and maintain relationships with brokers, reinsurers, and clients.
  • Liaise with the catastrophe modelling team to understand client's risk exposures from perils such as windstorm, earthquake, and flood, which inform the reinsurance pricing models.
  • Be confident juggling multiple priorities for a range of different stakeholders.
  • Build tools to process, visualise and analyse data using programming languages or Power BI.
  • Peer review the work of junior team members and provide feedback to support development.

    • What will you be rewarded with?

  • Hybrid working model: 3 days per week in the office helps to nurture a collaborative working environment allowing 2 days per week to be spent working on a remote basis.
  • Competitive Benefits Package: 27 days annual leave, up to 4 days flexible bank holidays, excellent pension contributions, private medical cover, life assurance, income protection, employee assistance program, actuarial study support, plus a range of flexible benefits including the option to buy or sell up to 5 days holiday per year, cycle to work, dental insurance, health assessments, plus many more.
  • Generous Family Leave: Including 6 months paid maternity leave, 4 months paid paternity leave, and 6 months paid adoption leave plus shared parental leave options. Upon returning to work, you will be able to work 8 weeks at 80% of your normal work pattern and receive % of your normal salary.

    • What you need to have:

  • Bachelor's degree in Maths, Economics, Actuarial Science, Statistics, or a related field.
  • Part-qualified as an actuary with comparable experience.
  • Strong technical knowledge having worked in pensions will be advantageous.
  • Excellent problem-solving skills.
  • Strong communicator with an ability to build relationships with stakeholders.

    • What makes you stand out?

  • Please note that these are beneficial skills but are :
  • Technical experience of working in pricing or capital modelling.
  • Coding experience utilising Python, R, SQL, VBA or other comparable platforms.
  • Commercial mind-set.

    • Guy Carpenter & Company, LLC is a leading global risk and reinsurance specialist with more than 3, 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 85, colleagues advise clients in over countries. With annualized revenue of over $20 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 is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin colour, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at

    Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local based teams will identify at least one "anchor day" per week on which their full team will be together in person. office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.

    #hybrid #actuary

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