Guy Carpenter's North American Strategic Advisory group is responsible for providing valued, differentiating insights to our clients around their own growth, capital, and volatility management strategy.

The North American Strategic Advisory is seeking candidates for the following position that can be located in Chicago, IL; New York, NY; Boston, MA; Tampa, FL; Philadelphia, PA or Dallas, TX.

AVP, Actuary – Strategic Advisory

What you can expect:

• An opportunity to contribute to the design, development and distribution of client advisory solutions at one of the world’s largest and most respected risk management and reinsurance firms.
• You will work with actuaries, data scientists, data engineers, insurance subject matter experts, clients, and stakeholders from other internal groups to design and improve advisory products with the dual mandate of, (1) increasing the efficiency and value of advisory solutions, and, (2) driving the monetization of our advisory offering via newly designed and existing products for GC’s reinsurance clients.
• You will serve in a highly utilized supporting role, interacting with other group members to facilitate execution on multiple workstreams and running analyses on various quantitative and qualitative subjects while occasionally delivering products and solutions to clients.

What's in it for you?

• A company with a strong Brand and strong results to match
• 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
• Eligible to participate in actuarial support program
• After six months, eligible for up to $10k tuition reimbursement per year and participation in our Employee Stock Purchase Plan

We’ll count on you to:

• Create, maintain and modernize internal tools that enable efficient gathering,
• Create standardized and customized capital models to support clients' financial strength ratings and ERM processes using MetaRisk
• Analyze impacts of various stresses on US insurers’ balance sheets and financial forecasts
• Predictive Modeling Analysis using methods including GLM and Machine Learning
• Analyze industry catastrophe exposure and losses to support catastrophe risk benchmarking for clients
• Acquire, review and transform data to facilitate advisory capabilities and offerings
• Design processes to improve efficiency of data that can be analyzed at scale to develop insights into clients' strategic opportunities and risks

What you need to have:

• Master’s or bachelor’s degree in a technical field (mathematics, engineering, physics, insurance, risk management, etc.) from a highly respected institution
• Successfully completed at least two Actuarial Exams
• Strong analytical skills and intellectual curiosity as demonstrated through academic experience or work assignments
• Ability to contribute to both technical and non-technical discussions

What will make you stand-out:

• 2+ years’ experience and programming proficiency in at least one of the following languages: Python, SQL, VBA, Microsoft Power BI
• 2+ years database design, ELT and maintenance
• 2+ years’ experience in insurance modeling in at least one of the following areas: ratemaking, reserving, economic capital modeling, reinsurance structure analysis / design
• Knowledge of insurance accounting standards and frameworks: GAAP, SAP, RBC, BCAR

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 (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people. The company’s 83,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $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 www.guycarp.com and follow Guy Carpenter on LinkedIn and Twitter @GuyCarpenter

#reinsurance #actuaries #LI-KS1

The applicable base salary range for this role is $75,000 to $150,000.
The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

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