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Junior Actuarial Analyst
3 months ago
Join Guy Carpenter, a reinsurance specialist, supporting our varied client base.
This is a great opportunity for a Junior Actuarial Analyst with a numerical degree whether that is within Actuarial Science, Economics, Math, Statistics, or a related field, who will assist our team of actuaries and brokers. This will involve handling large data sets and combining with industry metrics to build complex models to evaluate risk and factors that affect loss liabilities and capital. In addition, the role would support maintenance of our in-house benchmarking software, and development of the actuarial innovation pipeline. The role would involve having contact with clients on reinsurance actuarial services.
The ideal candidate will already be in a similar role, undertaking their exams and looking for an opportunity to join a Global market leader which offers excellent career opportunities.
Although reinsurance experience would be advantageous, we are considering candidates from other backgrounds as well.
What can you expect:
- An opportunity to work for a employer who offers study support and progression opportunities.
- Be part of a global business that works with clients of all sizes to define, design and deliver innovative solutions to better quantify and manage risk.
What you will be rewarded with:
- We offer and embrace a hybrid working model that nurtures a collaborative working environment in the office 2-3 days per week allowing 3 days per week to be spent working on a remote basis.
- Competitive Benefits Package including: 27 days annual leave, up to 4 days flexible bank holidays, excellent pension contributions, private medical cover, life assurance, income protection, employee assistance program, plus a range of flexible benefits including the option to buy or sell up to 5 days holiday per year, cycle to work, dental insurance, health assessments plus many more.
- Generous Family Leave including: 6 months paid maternity leave, 4 months paid paternity leave, 6 months paid adoption leave plus shared parental leave options. To help ease the transition when you return to work you will be able to work 8 weeks at 80% of your normal work pattern and receive 100% of your normal salary.
We will rely on you to:
- Prepare data and consult with actuaries and brokers.
- Populate actuarial templates – experience and exposure models. Prepare and parameterise data for MetaRisk suite of tools.
- Contribute to team meetings and overall team ethos.
- Deliver actuarial work in a clear coherent and consistent way and adhere to peer review actuarial peer review and compliance.
- Establish and maintain relationships with colleagues, reinsurers, and clients to support new business development within reinsurance actuarial services.
- Assist in project or client work through the utilization of any level team member.
- Sit the Institute of Actuaries exams, although we will consider individuals who no longer wish to pursue the exams.
What you need to have:
- Demonstrable experience within a similar Actuarial role
- Bachelor's degree in actuarial science, Economics, Math, Statistics, or related field
- Technical experience of working in pricing, reserving or capital modelling
- Competent Excel skills and proficiency in Microsoft Office Applications.
- Willingness to learn.
- Successful management of workload; with an ability to manage expectations.
What makes you stand out:
(These skills are not essential)
- Coding experience utilising Python, R, SQL, VBA or other comparable platforms
- Commercial mind-set
- Some exemptions to actuarial exams, although we will also consider individuals who no longer wish to pursue the exams.
About Guy Carpenter
Guy Carpenter & Company, LLC is a leading global risk and reinsurance specialist with 3,500 professionals in over 60 offices around the world. Guy Carpenter delivers a powerful combination of broking expertise, trusted strategic advisory services and industry-leading analytics to help clients adapt to emerging opportunities and achieve profitable growth. Guy Carpenter is a business of Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people. The company's more than 85,000 colleagues advise clients in over 130 countries. With annual revenue of $23 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses including Marsh, Mercer and Oliver Wyman. For more information, visit and follow us on LinkedIn and X.
Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people regardless of their sex/gender, marital or parental status, ethnic origin, nationality, age, background, disability, religion, sexual orientation, gender identity or any other characteristic protected by applicable law.
We are an equal opportunities employer. We are committed to providing reasonable support to any candidate with a disability/health condition to allow them to fully participate in the recruitment process. We welcome candidates to contact us at to discuss any specific needs.
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