Manager - Actuarial

Posted 12 Hours Ago
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Building End, Uttlesford, Essex, England, GBR
In-Office
Senior level
Fintech • HR Tech • Insurance • Consulting
The Role
Advise brokers, clients, and internal teams on actuarial and financial aspects of accident and health reinsurance. Analyze frequency, severity, exposure, historical treaty experience, and underwriting result distributions; evaluate reinsurance alternatives; and recommend cost-effective programs aligned with client risk tolerance. The role also involves communicating analytical insights, supporting renewals and commutations, managing complex data, researching industry developments, and improving processes and infrastructure.
Summary Generated by Built In
Company:Guy Carpenter

Description:

Guy Carpenter's Accident and Health team assists entities of all sizes to identify, evaluate, and manage risk. With some of the most tenured professionals in the industry, our broking expertise and knowledge allows us to best structure reinsurance coverages to meet our client's unique needs, and achieve the most efficient terms from the market.

What to expect:

  • You will act as an actuarial and financial model advisor to GC Analytics and brokers
  • Assess reinsurance structures from an actuarial perspective, monitor industry developments, research and respond to information requests, and provide timely and accurate service.

We will count on you to:

  • Act as an advisor, delivering a coherent and compelling narrative after drawing insights and conclusions from actuarial analyses.
  • Evaluate and communicate with internal GC resources on reinsurance-related risk by interrogating data, performing experience and exposure rating, and understanding the drivers of the results
  • Model the probability distributions of the gross/ceded/net underwriting results of an insurance company client based on an actuarial analysis of frequency and severity focusing on a large losses using proprietary software.
  • Analyze how the distribution of results and relevant risk measures change as a result of application on various proposed reinsurance alternatives.
  • Utilize cost/benefit analysis to advise brokers and clients "optimal" reinsurance programs based on risk tolerance level.
  • Evaluate historical experience of treaties for use in negotiation of renewals and commutations.
  • Flexibility to work on variety of A&H products as needed.
  • Work independently in delivering value to GC and its clients
  • Proactively identify opportunities to improve processes and infrastructure to enhance GC offerings

What you need to have:

  • 5-7 years of relevant health actuarial experience
  • Fellowship designation.
  • Bachelors’ degree in quantitative field such as Actuarial Science, Mathematics, Statistics.
  • Excellent interpersonal skills for establishing and maintaining good client and internal relationships.
  • Strong computer skills for using SQL & Microsoft Office (Excel, Word, PowerPoint, Access).
  • Robust data management skills: ability to manipulate, interpret, and extrapolate complex data.

What makes you standout:

  • A&H actuarial experience

Marsh (NYSE: MRSH) is 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, visit marsh.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, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, 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.

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.

Skills Required

  • 5-7 years of relevant health actuarial experience
  • Fellowship designation
  • Bachelor's degree in a quantitative field such as Actuarial Science, Mathematics, or Statistics
  • Excellent interpersonal skills for establishing and maintaining client and internal relationships
  • Strong computer skills using SQL and Microsoft Office, including Excel, Word, PowerPoint, and Access
  • Robust data management skills, including the ability to manipulate, interpret, and extrapolate complex data
  • Accident and health actuarial experience

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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