Actuarial Analyst - Miami - College Program 2025

$80,000 - $85,000/Yr

Marsh McLennan - Miami, FL

Full-time - Entry Level

Miami, FL

1,001-5,000 employees

Insurance Carriers and Related Activities

About the position

The Actuarial Analyst role offers an excellent opportunity to join a market-leading team focused on treaty reinsurance, particularly in the Latin American and Caribbean regions. The position involves collaboration with regional broking and analytics teams, providing actuarial support to sales and brokers, and playing a key role in designing and placing reinsurance structures across various classes of business. This role is ideal for individuals who enjoy teamwork, can effectively communicate actuarial concepts, and are confident in expressing their opinions.

Responsibilities

• Data collection and manipulation in spreadsheets and other database applications.
• Analysis of client data, creation of model assumptions, and financial analysis of the client's reinsurance structure using proprietary simulation software.
• Preparation of client pitches, presentations, and participation 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.

Requirements

• 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 with a desire to lead internal initiatives and research projects to completion.
• Superior communication and presentation skills to translate complex technical analysis into easily understandable terms for brokers and clients.
• Collaborative, team-oriented mindset with effective interpersonal skills.
• Strong organizational and detail-oriented skills.
• Capacity to manage multiple projects simultaneously.
• Desire and ability to grow beyond current capabilities.
• Proficient in MS Excel and other MS Office products.
• Willingness to travel.
• Legal work authorization to work in the U.S. on a permanent basis without sponsorship.

Nice-to-haves

• Familiarity with programming languages/visualization tools (i.e., R, Python, SQL, Alteryx, Power BI).
• Experience in a technical related role at a reinsurance broker or catastrophe model software vendor.
• Prior experience in the relevant insurance/reinsurance field.
• Understanding of the reinsurance industry and product lines.

Benefits

• Competitive pay and 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 and base pay increases for passing exams.
• Generous parental leave and tuition reimbursement plan.
• Participation in the Employee Stock Purchase Plan.
• Generous paid time off for vacation, sick leave, company holidays, and community service.
• Access to Colleague Resource Groups for mentoring and volunteer opportunities.