Actuarial Analyst - Miami - College Program 2025
Miami - SW 7th St
Full Time Entry-level / Junior USD 80K - 85K
Marsh McLennan
Marsh McLennan is the world’s leading professional services firm in risk, strategy and people. We bring together experts from across our four global businesses — Marsh, Guy Carpenter, Mercer and Oliver Wyman — to help make organizations more...Company:
Description:
The Actuarial Analyst role offers an excellent opportunity to join a market-leading team and engage closely with treaty reinsurance. You will collaborate with the regional broking and analytics teams on key insurance and reinsurance accounts in the Latin American and Caribbean regions, all within a fast-paced and supportive team environment. This position will involve working on existing accounts as well as prospecting for new business, with a strong emphasis on the Caribbean markets.
As a member of the regional Analytics team, you will provide actuarial support to sales and brokers, playing an integral role in designing and placing reinsurance structures across various classes of business.
This role is ideal for someone who enjoys teamwork, can effectively communicate actuarial concepts to non-actuarial insurance professionals, can develop innovative ideas, and is confident in expressing their opinions.
What can you expect?
- You will join a team of Actuarial Advisors that deploy deeply specialized quantitative skills and sophisticated modeling to provide critical measurement and insight to our clients
- You will get to work alongside our top-tier professionals, generating a comprehensive view of all portfolio profitability components to help clients align day-to-day underwriting strategies to support long-term goals
- You will be responsible for organizing, analyzing and interpreting data and performing modeling to help analyze the cost and structure of a reinsurance program as well as other analytics projects across multiple lines of business and geographies
- Collaborative and cross-functional teams that deliver strategic insights to the largest and most prominent insurance companies in the world, specifically the Caribbean markets.
What is in it for you?
- A commitment to providing an environment that values diversity, is committed to equity, and fosters an inclusive team.
- Join an outstanding professional services firm with more than 150 years of history – we are 76,000 colleagues in four global businesses united by a common purpose to make a difference in the moments that matter
- Culture of internal mobility, collaboration and strong partnerships across the business
- Competitive pay, full benefits package – starting day one (medical, dental, vision, STD/LTD, life insurance, generous 401k match AND automatic contribution)
- Competitive actuarial study program, including generous study hours, study material purchase, and base pay increases for passing exams
- Generous Parental Leave and Tuition Reimbursement plan per year and participation in our Employee Stock Purchase Plan
- Generous paid time off for vacation, sick, company holidays and time to give back to your community
- Colleague Resource Groups, which provide access to leaders, relevant volunteer and mentoring opportunities, and interactions with counterparts in industry groups and client organizations
We will count on you to:
- Data collection and manipulation in spreadsheets and other database applications.
- Analysis of client data, creation of model assumptions and financial analysis and optimization of the client’s reinsurance structure using Guy Carpenter’s proprietary simulation software MetaRisk.
- Preparation of client pitches, presentations and client meetings and participations in discussions with clients and reinsurers.
- Communication and presentation of results and conclusions to brokers (and clients) in clear terms, tailored to the audience.
- Support of the renewal process through reinsurance pricing analysis and support of the broking team in negotiations with reinsurers.
- Deliver analysis according to internal analytical quality and compliance standards.
What you need to have:
- Bachelor’s degree in a technical discipline such as Actuarial Science, Mathematics, Statistics, or related fields.
- Sound oral and written communications skills in Spanish and English. Portuguese is a plus.
- Completion of 1 – 2 Casualty Actuarial Society (CAS) or Society of Actuaries (SOA) exams preferred
- Curious and proactive mindset: desire and ability to lead internal initiatives and research projects to completion
- Superior communication and presentation skills: an ability to translate complex technical analysis and concepts into easily understandable terms for brokers and clients
- A collaborative, team-oriented mindset and effective interpersonal skills that is a positive and helpful presence in colleague and client interactions.
- Strong ability to be organized and detail oriented
- Capacity to progress multiple projects at the same time
- A desire and ability to grow beyond your current capabilities
- Proficient in MS Excel with skills in other MS Office products
- Willingness to travel
- Legal work authorization to work in the U.S. on a permanent and ongoing basis without the need for sponsorship now or in the future.
What makes you stand out, possibly through an internship:
- Familiarity with programming languages/visualization tool (i.e., R, Python, SQL, Alteryx, Power BI)
- Experience in a technical related role at a reinsurance broker, market, or catastrophe model software vendor
- Prior experience in relevant insurance / reinsurance field
- An understanding of the reinsurance industry and product lines
The applicable salary for this role is $80,000 to $85,000.
About Guy Carpenter
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.
Tags: Excel Mathematics Power BI Python R Research SQL Statistics
Perks/benefits: 401(k) matching Career development Competitive pay Equity / stock options Flex vacation Health care Medical leave Parental leave
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