At a Glance
- Tasks: Lead innovative projects in Marine, Energy, and Engineering analytics while collaborating globally.
- Company: Join Guy Carpenter, a leader in risk and reinsurance with a vibrant culture.
- Benefits: Enjoy professional development, flexible work options, and a supportive team environment.
- Other info: Experience a dynamic workplace with diverse opportunities for growth and collaboration.
- Why this job: Make a real impact by developing cutting-edge pricing tools for multinational clients.
- Qualifications: Must be a nearly or fully qualified actuary with strong analytical skills.
The predicted salary is between 55000 - 70000 ÂŁ per year.
The Marine, Energy, and Engineering Analytics team currently comprises eleven actuaries and two catastrophe modellers in London, along with three additional catastrophe modellers in Mumbai. We are a truly global team serving large multinational clients, regularly collaborating with our broking and analytical colleagues across the US and Asia. There is ample opportunity to add real value to our clients and plenty of room for creativity. Our team is collaborative and innovative, having naturally grown over the years with colleagues joining from other teams within the company.
The team maintains a significant client and market-facing presence, and team members are expected to support this by presenting and pitching to prospective clients. While based in London, the successful candidate will have the opportunity to become a key part of a team with a global reach and remit. This role offers a genuine opportunity to contribute to the development and innovation of pricing reinsurance tools as the company continues to invest.
We will count on you to:
- Lead client casework with care and precision, including risk analysis, structuring, pricing, and optimisation of technically complex reinsurance programmes.
- Collaborate on model and tool development, bringing fresh ideas and perspectives.
- Design innovative tools to process, visualise, and analyse data in ways that empower decision-making.
- Communicate clearly and empathetically, engaging brokers and delivering presentations that build trust and understanding.
- Balance multiple priorities with confidence, managing deadlines and stakeholder needs thoughtfully.
- Translate complex technical concepts into accessible insights for diverse audiences.
- Pursue independent research in Marine, Energy, Terrorism, and Engineering, nurturing your expertise and staying connected to market and regulatory developments.
What you need to have:
- Demonstrated expertise as a pricing actuary or capital modelling actuary, preferably in the London Market.
- Nearly qualified or fully qualified actuaries will only be considered (e.g., IFoA, SOA, CAS, or equivalent).
- Bachelor’s degree in Mathematics, Statistics, Economics, or a related field.
- Strong analytical, problem-solving, and communication skills.
- Proficiency in actuarial software and statistical/data analysis tools (e.g., Python, R, SQL, Excel).
- Experience in Marine, Energy, Engineering and Terror lines of business is preferable but not necessary.
What makes you stand out:
- A mature, self-driven individual with the curiosity to question and learn.
- Client-facing experience.
- Ability to remain calm under pressure and work flexibly when required.
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.
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, civil partnership status, 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. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at reasonableaccommodations@mmc.com.
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.
Actuary - Marine, Energy & Engineering - Reinsurance in London employer: Marsh McLennan
Contact Detail:
Marsh McLennan Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuary - Marine, Energy & Engineering - Reinsurance in London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Guy Carpenter on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for those interviews by practising your presentation skills. Since you'll be pitching to clients, being able to communicate complex ideas clearly is key. Grab a friend and do some mock presentations!
✨Tip Number 3
Show off your analytical skills! Bring examples of how you've used data to solve problems in past roles. This will demonstrate your ability to contribute to the innovative tools they’re looking to develop.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the team at Guy Carpenter.
We think you need these skills to ace Actuary - Marine, Energy & Engineering - Reinsurance in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of an actuary in Marine, Energy & Engineering. Highlight relevant experience and skills that match the job description, especially your analytical and problem-solving abilities.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Share your passion for the industry and how your background aligns with our team's goals. Don't forget to mention any client-facing experience!
Showcase Your Technical Skills: Since proficiency in actuarial software and data analysis tools is key, make sure to list your skills in Python, R, SQL, and Excel prominently. We want to see how you can bring fresh ideas to our model and tool development.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows your enthusiasm for joining our team!
How to prepare for a job interview at Marsh McLennan
✨Know Your Numbers
As an actuary, you'll need to demonstrate your expertise in risk analysis and pricing. Brush up on your technical skills, especially in actuarial software and data analysis tools like Python, R, and SQL. Be ready to discuss specific examples of how you've used these tools in past projects.
✨Showcase Your Communication Skills
Since the role involves client-facing responsibilities, practice explaining complex concepts in simple terms. Prepare to share examples of how you've successfully communicated with clients or stakeholders in the past, highlighting your ability to build trust and understanding.
✨Be a Team Player
Collaboration is key in this role, so be prepared to discuss your experience working in teams. Think of instances where you contributed to model development or innovative solutions, and how you supported your colleagues in achieving common goals.
✨Stay Curious and Informed
The industry is always evolving, so show your passion for continuous learning. Research recent developments in Marine, Energy, and Engineering sectors, and be ready to discuss how these changes might impact reinsurance pricing and risk assessment.