Actuarial Specialist for Non-Life Reinsurance
2 weeks ago
Job Summary:
We are seeking a highly skilled Actuarial Specialist for Non-Life Reinsurance to join our team at Guy Carpenter (Middle East) LTD. As a key member of our reinsurance operations team, you will be responsible for proposing actuarial services and valuations to regional insurance and reinsurance companies across IMEA.
Key Responsibilities:
- Act independently to propose actuarial services and valuations to regional insurance and reinsurance companies across IMEA, based on their current and future portfolios and objectives to help them mitigate their risk.
- Create and modify complex actuarial models, and proposes more value-added models to brokers and clients to assess their risk exposure and forecasts risks, losses and financial impact.
- Expand client services beyond reinsurance transactions to drive business development (e.g. capital and solvency adequacy advisory, reserving practices, actuarial and financial analyses, Natural and Man-made Catastrophe model development).
- Direct team to build complex models to assess risk and develop pricing strategies for a range of risk exposures. Peer reviews on the team operations.
- Advise senior management on issues, progress, etc., regularly in order to ensure the reinsurance transaction process.
- Communicate strategically with brokers, re-insurers, and clients to anticipate client's needs and drive usage of reinsurance actuarial services.
- Deals with ad-hoc and regular brokers/clients requests on Actuarial modelling and client presentations. Drive analytics marketing strategy to deliver GC Analytics value offering.
- Ensure continuous improvement on tools development, modernization and automation ensuring team awareness, utilization & training.
- Project management: Follow up on CAT model developments, Event response reports, READY opportunities development, new capabilities development, and other projects required based on brokers 'needs.
- Implement monetization strategy of our tools and analytics services to grow additional revenue stream.
- Travel might be required based on brokers/client's needs.
About Us:
Guy Carpenter & Company, LLC is a leading global risk and reinsurance specialist with more than 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 85,000 colleagues advise clients in over 130 countries. With annualized revenue of over $23 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading companies including Marsh, Mercer and Oliver Wyman. For more information, visit www.guycarp.com 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 and embrace diversity of age, background, disability, ethnic origin, family duties, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, skin color, or any other characteristic protected by applicable law.
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