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    Actuary, Reinsurance - London, United Kingdom - Marsh McLennan

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    Regular
    Description

    We are looking for a newly or nearly qualified Actuary, but if you are part-qualified, we would still like to hear from you This is an exciting time to join the Credit Bonds & Political Risks team in this newly created role, providing the opportunity to gain significant experience to advance your career.

    What can you expect:

    • Reinsurance actuaries evaluate reinsurance programs to asses risk exposure, using complex analyses and predictive models to calculate the probability of risks and the financial consequences of those risks.
    • A Reinsurance Actuarial Specialist II is a recognized subject matter expert, making an impact has an influential individual contributor by managing large-scale strategic projects, coaching team members and solving complex problems.
    • Focuses on maintaining relationships with new and existing client accounts to grow and generate new business.
    • Updates brokers, re-insurers, and clients on the latest industry developments to drive usage of reinsurance actuarial services.

    What you will be rewarded with?

    • Competitive Benefits Package including: 27 days annual leave, excellent pension contributions, private medical cover, life assurance, income protection, employee assistance program, 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, 6 months paid adoption leave plus shared parental leave options. To help ease the transition when you return to work you will be able to work 8 weeks at 80% of your normal work pattern and receive 100% of your normal salary.

    We will rely on you to:

    • Consults with brokers on client's needs and advises on reinsurance programs based on risk tolerance level and industry trends to help clients mitigate risk.
    • Modifies complex calculations using speciality models to assess a range of risk exposures and predict outcomes for clients in support of reinsurance transaction process
    • Will build expertise in the Credit, Bond and Political Risk Specialty Area, developing existing analytics tools and processes to grow the division's business.
    • Coordinates and directs other team members in building complex models to support the team's work with clients and reinsurers.
    • Communicates effectively with brokers, reinsurers, and clients to anticipate clients' needs and drive usage of reinsurance actuarial service.
    • Opportunity to strategically review the use of data to enhance client offering and maximise the potential to improve the division's efficiency and revenue.
    • Potential to build a larger analytics team within the division.

    What you need to have:

    • Bachelor's degree in Actuarial Science, Economics, Math, Statistics, or related field.
    • Part qualified or newly qualified actuary.
    • Insurance or Reinsurance experience within Credit Bonds & Political Risks or experience with global specialities would be preferred.
    • Able to work effectively in multi-disciplined teams.
    • Excellent communication skills and experience; verbal and written.
    • Ability to develop good client relationships.
    • Good skills in Microsoft Office suite, e.g., Word, Excel, PowerPoint.

    What makes you stand out:

    • Experience in working alongside Brokers
    • Technically strong with strong analytical skills
    • Ability to contribute to talent recruitment and development.

    #hybridworking

    About us:

    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 is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people regardless of their sex/gender, marital or parental status, ethnic origin, nationality, age, background, disability, religion, sexual orientation, gender identity or any other characteristic protected by applicable law.

    We are an equal opportunities employer. We are committed to providing reasonable support to any candidate with a disability/health condition to allow them to fully participate in the recruitment process. We welcome candidates to contact us at to discuss any specific needs.



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