Vice President - Analytics and Advisory
Apply NowCompany: Marsh McLennan
Location: New York, NY 10025
Description:
Company:
Guy Carpenter
Description:
Guy Carpenter & Company LLC is seeking candidates for the following full-time position based in the New York, NY office (A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with company policies.):
Vice President - Analytics and Advisory
We will count on you to:
Build/maintain regulatory and rating agency capital models as well as create analytical tools for evaluating re/insurers financial condition and conducting peer benchmarking. Apply quantitative techniques, understanding of the re/insurance markets, and knowledge of rating agencies' methodologies to analyze the impact of reinsurance transactions on ratings, risk transfer, financial statements and capitalization, and apply statistical/mathematical techniques for optimizing and stress testing capital. Contribute to researching industry trends and rating agencies' views, assessing financial performance, and developing valuable risk insights on clients/prospects, markets, and lines of business utilizing data analytics. Engage clients on rating advisory and collaborate with various Guy Carpenter teams to provide clients with best-in-class solutions that help achieve their strategic goals. Actively engage with these teams and with clients to deliver exceptional service and support to the clients.
What you need to have:
Must have a Master's degree or foreign equivalent in Data Analytics, Business Analytics, Finance, or a related field plus three (3) years of experience in the job offered or a related position in an investment bank, consulting firm, or rating agency. Alternatively, the employer will accept a Bachelor's degree or foreign equivalent in Data Analytics, Business Analytics, Finance, or a related field plus five (5) years of progressively responsible post-baccalaureate experience in the job offered or a related position in an investment bank, consulting firm, or rating agency. Must have three (3) years (or five [5] years with a Bachelor's) of experience with all of the following: Building, maintaining, and modifying risk-based capital models for AM Best Best's Capital Adequacy Ratio, NAIC Risk-Based Capital and S&P risk-based capital for capital analysis and optimization; Analyzing risk transfer, pricing, and rating agencies and regulatory capital impact of different reinsurance structures, including Quota Share (QS), Excess of Loss (XOL), Stop Loss, Adverse Development Covers, and Loss Portfolio Transfers; Applying statistical techniques to create stochastic scenarios and stress tests to evaluate risks/benefits of different reinsurance structures and financial instruments including senior debt, surplus notes, hybrids, and insurance-linked securities; Performing valuations and M&A combination analysis for P/C and Life re/insurers and managing general agents using discounted cash flow models, comparable company/transaction, and econometric/regression analysis; Developing financial models for balance sheet, income statement, and cash flow statement projections as per GAAP, IFRS, and US Statutory accounting; Researching and developing analytical tools to conduct peer performance measurement and interpreting financial analyses using various data sources including Bloomberg, S&P Capital IQ, and AM Best BestLink; Advising clients on AM Best, S&P, Moody's, Fitch, Kroll, and DemoTech ratings criteria for rating defense, new rating, new (re)insurance company/captive formations, and capital raise; Developing, automating, and maintaining analytical and data visualization tools using MS Excel, VisualBasic, PowerPoint, Python, R, MS Power BI, and SQL and ensure compliance with user requirements, specifications, or scope; Producing written summary reports of (re)insurance industry trends, public traded (re)insurers' quarterly and annual financial results, and translating that information into insights that aid client recommendations. Travel Requirement: 15% domestic and international travel is required to various and unanticipated company and client sites.
The applicable base salary range for this role is $132,371 - $182,300 per year.
The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.
#LI-DNI
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 reasonableaccommodations@mmc.com.
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.
Guy Carpenter
Description:
Guy Carpenter & Company LLC is seeking candidates for the following full-time position based in the New York, NY office (A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with company policies.):
Vice President - Analytics and Advisory
We will count on you to:
Build/maintain regulatory and rating agency capital models as well as create analytical tools for evaluating re/insurers financial condition and conducting peer benchmarking. Apply quantitative techniques, understanding of the re/insurance markets, and knowledge of rating agencies' methodologies to analyze the impact of reinsurance transactions on ratings, risk transfer, financial statements and capitalization, and apply statistical/mathematical techniques for optimizing and stress testing capital. Contribute to researching industry trends and rating agencies' views, assessing financial performance, and developing valuable risk insights on clients/prospects, markets, and lines of business utilizing data analytics. Engage clients on rating advisory and collaborate with various Guy Carpenter teams to provide clients with best-in-class solutions that help achieve their strategic goals. Actively engage with these teams and with clients to deliver exceptional service and support to the clients.
What you need to have:
Must have a Master's degree or foreign equivalent in Data Analytics, Business Analytics, Finance, or a related field plus three (3) years of experience in the job offered or a related position in an investment bank, consulting firm, or rating agency. Alternatively, the employer will accept a Bachelor's degree or foreign equivalent in Data Analytics, Business Analytics, Finance, or a related field plus five (5) years of progressively responsible post-baccalaureate experience in the job offered or a related position in an investment bank, consulting firm, or rating agency. Must have three (3) years (or five [5] years with a Bachelor's) of experience with all of the following: Building, maintaining, and modifying risk-based capital models for AM Best Best's Capital Adequacy Ratio, NAIC Risk-Based Capital and S&P risk-based capital for capital analysis and optimization; Analyzing risk transfer, pricing, and rating agencies and regulatory capital impact of different reinsurance structures, including Quota Share (QS), Excess of Loss (XOL), Stop Loss, Adverse Development Covers, and Loss Portfolio Transfers; Applying statistical techniques to create stochastic scenarios and stress tests to evaluate risks/benefits of different reinsurance structures and financial instruments including senior debt, surplus notes, hybrids, and insurance-linked securities; Performing valuations and M&A combination analysis for P/C and Life re/insurers and managing general agents using discounted cash flow models, comparable company/transaction, and econometric/regression analysis; Developing financial models for balance sheet, income statement, and cash flow statement projections as per GAAP, IFRS, and US Statutory accounting; Researching and developing analytical tools to conduct peer performance measurement and interpreting financial analyses using various data sources including Bloomberg, S&P Capital IQ, and AM Best BestLink; Advising clients on AM Best, S&P, Moody's, Fitch, Kroll, and DemoTech ratings criteria for rating defense, new rating, new (re)insurance company/captive formations, and capital raise; Developing, automating, and maintaining analytical and data visualization tools using MS Excel, VisualBasic, PowerPoint, Python, R, MS Power BI, and SQL and ensure compliance with user requirements, specifications, or scope; Producing written summary reports of (re)insurance industry trends, public traded (re)insurers' quarterly and annual financial results, and translating that information into insights that aid client recommendations. Travel Requirement: 15% domestic and international travel is required to various and unanticipated company and client sites.
The applicable base salary range for this role is $132,371 - $182,300 per year.
The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.
#LI-DNI
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 reasonableaccommodations@mmc.com.
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.