Actuarial Analyst - College Program 2026

Company:Guy Carpenter

Description:

We are seeking a talented individual to join our Global Analytics Advisory team at Guy Carpenter. This role will be based in Morristown, New York, Philadelphia, Minneapolis, Atlanta, or Seattle. This is a hybrid role that has a requirement of working at least three days a week in the office.

You will join a team of Actuarial Advisors who utilize deeply specialized quantitative skills and sophisticated modeling techniques to provide critical measurement and insights to our clients. Working alongside top-tier professionals, you will contribute to generating a comprehensive view of all portfolio profitability components, helping clients align their day-to-day underwriting strategies with their long-term goals. Your responsibilities will include organizing, analyzing, and interpreting data, as well as performing modeling to assess the cost and structure of reinsurance programs, along with other analytics projects across multiple lines of business and geographies. This role involves collaborating within cross-functional teams that deliver strategic insights to some of the largest and most prominent insurance companies worldwide.

Why Guy Carpenter

At Guy Carpenter, 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.

We will count on you to:

• Organize, validate, and ensure the quality of complex client data, integrating it into advanced predictive models
• Run models, interpret results, and craft clear, compelling narratives to help clients understand their risk profiles and inform strategic decisions
• Perform critical calculations to assess risk exposures and forecast outcomes, supporting the reinsurance transaction process
• Conduct research on industry trends and regulatory developments to evaluate their impact on loss liabilities and client portfolios
• Contribute to high-impact discussions with clients, providing expert insights and innovative reinsurance strategies
• Build and maintain strong relationships with brokers, clients, reinsurers, and colleagues, ensuring prompt and effective communication
• Stay informed on industry-specific and specialty trends that could influence reinsurance programs and calculations
• Leverage proprietary MetaRisk software to develop and optimize bespoke reinsurance transactions, evaluating their impact on clients’ capital, growth, and volatility objectives
• Proactively identify opportunities to enhance client outcomes through technical expertise and strategic analysis

What you need to have: 

• Progress toward a Bachelor’s degree, with an expected graduation date of Winter 2025 or Spring 2026, in a technical discipline such as Actuarial Science, Data Science, Engineering, Physics, Mathematics, or Statistics
• A curious and proactive mindset, with a strong desire and ability to lead internal initiatives and research projects through to completion
• Excellent communication and presentation skills, with the ability to simplify complex technical analysis and concepts for brokers and clients
• A collaborative, team-oriented attitude and effective interpersonal skills, contributing positively to colleague and client interactions
• Strong organizational skills and meticulous attention to detail
• Ability to manage and advance multiple projects simultaneously
• Proficiency in MS Excel, along with skills in other MS Office applications
• Legal work authorization to work in the U.S. on a permanent and ongoing basis without sponsorship now or in the future

What makes you stand out:

• Completion of 1 – 2 Casualty Actuarial Society (CAS) exams
• 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

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 on 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.

The applicable salary for this role is $80,000-85,000.
 

What's next:

Application Instructions:  

• Application deadline is Sunday, September 28th at 11:59pm EST
• We are hiring in multiple locations. As you are filling out your application, you'll have the opportunity to select your desired location. Should you have interest in multiple locations, your recruiter will work with you to make those connections should that be necessary. 

 First Round Interviews:  

• Applications are reviewed on a rolling basis.  
• If selected, first-round interviews consist of an on-demand digital video interview.  
• Further timing and instructions will be provided at that time.

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.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 [email protected].

Marsh McLennan 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 McLennan 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.