Guy Carpenter & Company, LLC (“Guy Carpenter”) is seeking candidates for the following position based in the Miami, FL office (A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with policies.)
Reinsurance Actuary- Latin American and Caribbean (LAC)
We will count on you to:
Serve as an integral part of regional Analytics team. Leverage financial analysis background to perform data collection and manipulation in spreadsheets and other database applications. Analyze data, create model assumptions and financial analyses, and optimize the reinsurance structure using the organization’s simulation software, MetaRisk and other inhouse tools such as the GC Exposure Rating Tool and GC Merlin. Communicate and present results and conclusions in clear terms and processes to tailor each presentation to the audience, with the ultimate goal to help clients understand, quantify and manage risk. Support the renewal process through reinsurance pricing analysis as well as to support the broking team in negotiations with reinsurers. Deliver analyses according to internal analytical quality and compliance standards. Provide technical insights to determine an adequate reinsurance purchase, using the outputs of catastrophe models, relative to the specific perils for the LAC region, including earthquakes and hurricanes. Draw on technical skills, such as exposure and experience rating to develop financial models of insurance portfolios. Basic knowledge of reserving and capital modelling techniques will be needed to develop financial models and provide more detailed advice. The role will require negotiation skills, client interaction, market knowledge, and contract wording acumen. Utilize platforms, software, and processes, including Metarisk and Excel. Accountable for supporting the placement of Caribbean accounts. EOE
What you need to have:
Must have Bachelor’s degree or foreign equivalent in Actuarial Science, Mathematics, Business or a related field plus three (3) years of experience in the position offered, as a Broker, or a related position. Must have three (3) years of experience with all of the following: Utilizing pivot tables and complex functions (VBA coding/macros); Utilizing in-depth understanding of the Property and Casualty insurance market, including proportional and excess of loss reinsurance; Quantifying the impact of various types of reinsurance, including specific reinsurance contract clauses; Using and interpreting Catastrophe Modeling results relative to the perils that impact the Latin American and Caribbean region – earthquake and hurricane; and Delivering technical and analytical presentations to technical and non-technical audiences.
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Guy Carpenter, a business of Marsh McLennan (NYSE: MMC), is a leading global risk advisory and reinsurance specialist and broker. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $23 billion and more than 85,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit guycarp.com, or follow 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, 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, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@mmc.com.