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Oliver Wyman
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Senior Manager - Actuarial

Senior Manager - Actuarial

Oliver Wyman

6 - 8 years

14 - 18 Lacs

Mumbai

Posted:13 hours ago| Platform:

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Skills Required

Risk advisory Reinsurance Interpersonal skills Coding Programming power bi Actuarial MS Office SQL Python

Work Mode

Work from Office

Job Type

Full Time

Job Description

Company: Marsh

Description:

We are seeking a talented individual to join our Actuarial team at Marsh Mc Lennan. This role will be based in Mumbai. This is a hybrid role that has a requirement of working at least three days a week in the office.

We will count on you to:

Contribute to developing an inclusive work environment that respects and values differences of background, experience, and thought.
Consult with senior actuaries and brokers on clients needs and assist in advising on reinsurance programs based on risk tolerance level and industry trends to help clients mitigate risk.
Implement models and perform required calculations with client data to assess risk & develop pricing and strategies for a range of risk exposures for clients followed by predicting the outcomes for clients in support of their reinsurance transaction process. Also, compile coherent and compelling narratives to help clients understand their degree of risk.
Should have an ability to translate complex technical analysis and concepts into easily understandable terms for broker and clients.
Contribute to impactful and insightful discussions with clients on their reinsurance strategy.
Establish and maintain strong relationships with brokers / clients / reinsurers / colleagues , assist in promptly responding to client queries and concerns.
Conduct research on industry/regulatory developments that affect loss liabilities to determine the impact on clients.
Keep teams updated on industry-specific and specialty related trends that may affect reinsurance programs/calculations.
Leverage our proprietary MetaRisk software suite to develop and optimize bespoke reinsurance transactions and evaluate their impact on our clients capital, growth, and volatility objectives.

What you need to have:

Bachelor s or master s degree in a technical discipline such as Actuarial Science, Data Science, Engineering, Physics, Mathematics or Statistics.
6-8 years of insurance / reinsurance experience; completion of 3 - 6 actuarial exams preferred. The actuarial exams should be CAS exams or a comparable P&C exam track with another credential actuarial society.
Pricing, valuation and/or capital modelling experience.
Strong problem-solving skills along with the ability to be organized and detail oriented.
Comfortable working in interactive teams involving brokers, senior actuaries and clients.
Curious and proactive mindset: desire and ability to lead internal initiatives and research projects to completion
A collaborative, team-oriented mindset and effective interpersonal skills that is a positive and helpful presence in colleague and client interactions.
Excellent communication skills both verbal & written and presentation skills.
Strong skills in Microsoft Office suite and visualization tools like Power BI.
Coding experience in programming languages like R, Python, SQL, Alteryx.

What makes you stand out:

Experience in a technical related role at a reinsurance broker, market, or catastrophe model software vendor.
An understanding of the reinsurance industry and product lines.

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

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 $24 billion and more than 90,000 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.

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Oliver Wyman

Management Consulting

New York

5000+ Employees

132 Jobs

Key People

Scott McDonald

President & CEO
David L. Brown

Chairman
Julia Karol

Vice Chairman
Marina C. Pavan

Partner and Head of Financial Services

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Senior Manager - Actuarial