Associate II - Reinsurance Actuaries

Reposted 22 Hours Ago
Be an Early Applicant
Bremner, Strathcona County, AB, CAN
In-Office
Senior level
Fintech • HR Tech • Insurance • Consulting
The Role
The role involves analyzing reinsurance risks, consulting with clients, creating complex models, and collaborating with brokers to optimize risk solutions.
Summary Generated by Built In
Company:Guy Carpenter

Description:

We are seeking a Actuary for our Toronto Canada Office.

What to 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 the solutions to client problems.  You need to be able to work hand in hand with the actuarial and broking teams to ensure client and broking needs are met, analytics 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.
  • A competitive compensation package, full benefits package starting on day one including medical, dental, vision, STI, LTI, life insurance and a generous employer matched pension plan. We also allow staff the ability to participate in our employee stock purchase plan.
  • Generous time off allowances including vacation days, floating holidays and personal days. We also allow colleagues the ability to get a jump start on their long weekends with early close days.  
  • Access to our employee resource groups which provides career growth and mentoring opportunities with counterparts in industry groups and client organizations. You can be assured that there is always an opportunity to learn and grow with Marsh.
  • Hybrid positions which provide the opportunity to work from both in the office and your home.  

We will count on you to:

  • Consult with brokers on client's needs and advise on reinsurance programs based on risk tolerance level and industry trends to help clients mitigate risk
  • Implement complex models/calculations to assess risk and develop pricing and strategies for a range of risk exposures for clients

What you need to have:

  • ACAS or FCAS with 6+ years in the industry
  • Bachelor’s degree in actuarial science, Economics, Math, Statistics, or related field
  • Pricing, valuation, and/or capital modeling experience
  • Strong skills in Microsoft Office suite
  • Visualization skills – Power BI, Tableau or similar.
  • Excellent communication skills; verbal and written
  • Coding experience in programming languages (i.e. Alteryx, R, Python, VBA , SQL)
  • Comfortable working in interactive teams with brokers, and clients
  • Ability to lead day to day parts of the project and make decisions to keep projects moving forward
  • Strong problem-solving skills

Why join our team:

  • We help you be your best through professional development opportunities, interesting work and supportive leaders. 
  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities. 
  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

At Guy Carpenter, a Marsh business, you can be your best. We work on challenges that matter with colleagues who help bring out our best. Our uniquely collaborative environment will empower you to focus on your personal and professional success, learning from top specialists in the (re)insurance industry and leading you towards a rewarding and impactful career.

Guy Carpenter is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Guy Carpenter, visit guycarp.com, or follow us on LinkedIn and X.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. In accordance with the Accessibility for Ontarians with Disabilities Act, 2005, Marsh will provide a reasonable accommodation to employees and prospective employees to the point of undue hardship upon request and as required in respect of the individual’s particular restrictions and limitations. If you require a specific accommodation because of a disability or medical need, please contact [email protected].

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

This is a Replacement position.

Skills Required

  • ACAS or FCAS certification
  • 6+ years in the industry
  • Bachelor's degree in actuarial science, Economics, Math, Statistics or related field
  • Pricing, valuation, and/or capital modeling experience
  • Strong skills in Microsoft Office suite
  • Visualization skills - Power BI, Tableau or similar
  • Excellent communication skills, verbal and written
  • Coding experience in programming languages (i.e. Alteryx, R, Python, VBA, SQL)
  • Ability to lead day to day parts of the project
  • Strong problem-solving skills

Marsh McLennan Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Marsh McLennan and has not been reviewed or approved by Marsh McLennan.

  • Leave & Time Off Breadth Leave offerings are described as generous, including sizable PTO, paid holidays, paid sick days, and additional time off such as paid volunteer time and “Summer days.” These time-off benefits are portrayed as a standout part of the overall rewards package.
  • Healthcare Strength Healthcare coverage is characterized as comprehensive, spanning medical, dental, and vision options, with additional supports like disability and life insurance and access to mental health resources and an EAP. The breadth of plan options is positioned as a core strength of the benefits package.
  • Retirement Support Retirement benefits are framed as solid, with 401(k) programs and employer matching frequently highlighted alongside other financial programs. Stock purchase options are also referenced as an additional wealth-building component of the total rewards mix.

Marsh McLennan Insights

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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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