Actuarial Analyst

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Friendly, MD
In-Office
Fintech • HR Tech • Insurance • Consulting
The Role

Company:

Description:

Assists in moderately complex or large actuarial/quantitative analysis projects, and may delegate tasks to a junior project team member on basic/routine projects, with guidance from senior project team members, in order to model, quantify, and forecast risk, cost, and financial impact (for example, funding analyses or loss accruals) of potential events in traditional and captive insurance projects.

Communicates with clients and vendors to obtain initial client data requirements, establish parameters and scope of project, and to address client concerns and questions during the project.

Provides peer review of modelling and analyses of junior project staff members to ensure all documents produced adhere to established standards and to ensure quality control of final product.

Performs moderately complex analyses using existing models in Excel with modifications to the template parameters based on client information, project needs, and other factors, such as policies and regulations.

Drafts final report texts, including information about project assumptions, findings, implications, and solutions, as applicable, with guidance and review from senior project team members.

Develops the intellectual capital of the business, including researching regulatory requirements and drafting industry benchmarking reports and updating modelling templates, in order to further develop the company's offerings, as well as personal knowledge of insurance actuarial services and products.

#MMAMCG

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The Company
HQ: New York, NY
78,000 Employees
Year Founded: 1871

What We Do

Marsh McLennan (NYSE: MMC) brings together nearly 78,000 experts in risk, strategy, and people across Marsh, Guy Carpenter, Mercer, and Oliver Wyman, serving clients in over 130 countries.

Marsh enables enterprise worldwide by helping clients manage risks, transforming uncertainty into opportunity.

Guy Carpenter helps clients grow profitably with reinsurance broking expertise, advisory services, and advanced analytics.

Mercer helps organizations advance the health, wealth, and careers of their most vital asset — their people.

Oliver Wyman’s expertise in strategy, operations, risk, and organization transformation changes what is possible for our clients, their industries, and society.

Together, we combine a unique range of capabilities to help our clients solve problems, seize opportunities, and build lasting success in increasingly complex operating environments.

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