An integral part of the Catastrophe Modeling team within GC Analytics you will be assigned to gather and apply exposure data to the Catastrophe modeling software products, analyze and validate results, and support the technical infrastructure of the department by interfacing with model vendors, IT staff and Catastrophe Modeling staff.
Location: Philadelphia, PA
We will count on you to:
Assist in basic quantitative analysis projects under the guidance of senior project team members in order to calculate risk exposure and potential loss that may occur due to natural and manmade catastrophes.
Gather, organize and review raw exposure data from the client for accuracy and validity, and to identify abnormalities (such as negative premiums, abnormal construction types, or deductible coverages).
Perform basic analyses using existing catastrophe models to extract data sets that can be used to calculate the client's risk exposure.
Assist senior project team members in preparing and formatting summaries, presentations and reports in order to summarize potential risk and loss results for the client.
Research and summarize industry publications and scientific papers of specific or regional perils in order to provide additional sources of information used for analyses and client reports.
Perform other job-related duties as assigned
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 that provide access to leaders, relevant volunteer and mentoring opportunities and interactions with counterparts in industry groups and client organizations.
Social Impact volunteering opportunities available for all colleagues through a network of colleague and business partnerships.
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.
What you need to have:
BA/BS in Natural Sciences, Engineering, Insurance, Economics, or Mathematics
Strong computer skills for using Microsoft Office (Excel, Word, PowerPoint, Access, Outlook).
Ability to use problem-solving skills to dive into large datasets and ascertain the reasoning behind loss changes.
Great interpersonal skills for establishing and maintaining client and internal relationships.
Excellent verbal and writing skills for complex communications with clients, markets and colleagues
Ability to prioritize significant workload according to volume, urgency, etc.
Ability to maintain compliance with professional standards, where applicable, as well as company-wide quality initiatives.
SQL, Python, and/or R coding experience is desirable.
Exposure to technical expertise in AIR, RMS, and/or EQE vendor cat models, reinsurance terms and conditions, and data management including statistical plans and policy or exposure data warehousing; with risk management and property underwriting expertise is desirable.
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 www.guycarp.com and follow Guy Carpenter on LinkedIn and Twitter @GuyCarpenter