Vice President, Actuarial at Marsh & McLennan Companies in New York, New York

Posted in Other 17 days ago.

Job Description:

The Analytics department within Guy Carpenter assesses, quantifies, and partners with Broking and Strategic Advisory to help clients manage their insurance-related risks.

The Actuarial team is seeking candidates for the following position that can be based in Philadelphia, PA; Edina, MN; New York, NY; Morristown, NJ; Seattle, WA; or San Francisco CA offices:

VP, Actuarial

What you can expect:

You will be an individual contributor, who with minimal supervision, builds complex analyses to evaluate assumptions, premiums and risk, analyzes industry factors that affect loss liabilities, and consults with clients on reinsurance actuarial services that assess and mitigate risk. This actuary is a strategic partner with brokers and clients helping to find solutions to client problems. You need to be able to work hand in hand with the actuarial and broking teams to ensure client needs are met, resources are used appropriately and GC Analytics is supporting and strengthening the relationship with the client.

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

  • Leadership invested in fostering and improving Guy Carpenter's diversity, equity, and inclusion

  • Competitive pay (salary and bonus potential), full benefits package - starting day one (medical, dental, vision, STI/LTI, life insurance, generous 401k match AND contribution, strong parental leave policy).

  • Comprehensive actuarial student program

We will count on you to:

  • Act as an advisor, delivering a coherent and compelling narrative after drawing insights and conclusions from actuarial analyses.

  • Consult with brokers on client needs and advise on reinsurance program alternatives based on risk tolerances and industry trends

  • Build reinsurance structure analyses (leveraging proprietary software) that assess and reflect a wide range of risks and exposures, articulate assumptions, describe outcomes, and compare and contrast alternatives

  • Evaluate and communicate reinsurance-related risk by interrogating data, performing experience and exposure rating, and understanding the drivers of the result

  • Continuously seek more efficient ways to complete client projects; Take part in or lead internal initiatives, offering ideas and feedback to improve outcomes as well as to help develop Guy Carpenter's thought leadership and industry expertise.

  • Act as a mentor/advisor to junior colleagues and seek advice/mentorship from senior colleagues in order to constantly keep learning.

  • Promote our team-oriented and highly collaborative culture by building strong relationships based on mutual respect.

What you need to have:

  • The ability to learn, adapt, and problem-solve.

  • Excellent communication skills, a teamwork orientation, and an advisory mindset

  • An orientation to lead the actuarial analysis as a part of a client account team.

  • The desire to collaborate with and celebrate people of all cultures and backgrounds.

  • ACAS with 5 to 7 years of relevant experience

What makes you standout:

  • A consultative / advisory mindset with a bias towards helping others to solve problems

  • Eagerness to drive and adapt to change, especially as regards data, tool, and process improvements

  • Depth of expertise in a particular line or segment within the insurance industry

  • Visualization skills - Power BI, Tableau or similar

  • Coding experience in programming languages i.e. Alteryx, R, Python, VBA , SQL)


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