Actuarial Analyst

Guy Carpenter•Philadelphia, PA
•Hybrid

About The Position

Marsh Re is seeking an Actuarial Analyst to support reinsurance actuarial services. The role is based in Philadelphia, Pennsylvania, and follows a hybrid work arrangement requiring at least three days per week in the office or onsite with clients. The analyst works with brokers, performs risk analyses, guides junior team members, and maintains client and market relationships. The role involves advising brokers on reinsurance programs, assessing risk exposures with specialty models and client data, and analyzing results to support reinsurance transactions. The analyst also builds complex MetaRisk analyses, explains model assumptions and results, and supports business development through relationships with brokers, reinsurers, and clients. Marsh describes its culture as inclusive and supportive, with professional development opportunities, interesting work, supportive leaders, and a range of career opportunities and benefits intended to enhance well-being.

Requirements

  • Bachelor’s degree in Actuarial Science, Data Science, Economics, Accounting, Physics, or a related field.
  • Curious, proactive, and growth-oriented mindset, with the ability to lead internal initiatives and research projects to completion.
  • Superior communication and presentation skills, including the ability to explain complex technical concepts clearly to brokers and clients.
  • Collaborative, team-oriented approach.
  • Proficiency in MS Excel and other Microsoft Office products.

Nice To Haves

  • At least one year of experience or an internship in insurance or reinsurance.
  • Actuarial exams.
  • Familiarity with R, Python, SQL, Alteryx, or Power BI.

Responsibilities

  • Communicate directly with brokers about client needs and advise on reinsurance programs based on risk tolerance and industry trends.
  • Perform calculations using specialty models and client data to assess risk exposures and project outcomes.
  • Review client data for reasonableness, load it into predictive models, run analyses, and share results with brokers to support reinsurance transactions.
  • Direct junior team members in analyzing industry and regulatory developments that may affect loss liabilities and client outcomes.
  • Independently build more complex MetaRisk analyses and use the model to explain assumptions and results.
  • Establish and maintain relationships with brokers, reinsurers, and clients to support new business development in reinsurance actuarial services.

Benefits

  • Professional development opportunities.
  • Interesting work and supportive leaders.
  • A range of career opportunities and benefits and rewards to enhance well-being.
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