Reinsurance Actuary

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Stovel Bay, Pembroke, BMU
In-Office
Fintech • HR Tech • Insurance • Consulting
The Role
Company:Marsh

Description:

We, Guy Carpenter, are looking for a Reinsurance Actuary to support our Analytics team in Bermuda:

We will count on you to:

  • Conduct complex, client-specific risk analyses for reinsurance structuring as well as for internal risk management
  • Perform actuarial portfolio analyses, modeling, and simulation analyses for the non-life business of national and international insurance companies
  • Quote reinsurance coverages and advise on reinsurance strategy considering individual client goals
  • Present analytical content and results in meetings or workshops with global and national clients in the DACH region and actively contribute to our client events
  • Prepare comparative studies and reports on actuarial analyses or projects
  • Design and implement structured reinsurance solutions
  • Participate in central projects for model validation, model adjustment, and process optimization as well as further develop analytical methods in international project teams
  • Consult in the regulatory environment of the insurance industry with a focus on Solvency II and local accounting rules
  • Provide actuarial support for licenses of our software products and marketing of products (such as MetaRisk®) within the insurance industry

What you need to have:

  • University degree in the field of business, insurance or mathematics with in-depth statistical or stochastic knowledge and successful completion of DAV exams
  • This job offer is aimed at both career starters and applicants with relevant professional experience in reinsurance focusing on non-life insurance
  • Proficient knowledge of one of the programming languages Python or R
  • Quick comprehension of complex issues and the ability to communicate them clearly
  • Confident appearance internally and externally as well as strong customer and service orientation
  • Proficient use of the MS Office suite

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 creating 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.

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.

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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