Reinsurance Actuary – South East Asia and Korea

Company:

Guy Carpenter

Description:

We are seeking a talented individual to join our Reinsurance Actuary – South East Asia and Korea at Guy Carpenter. This role will be based in the Seoul. This is a hybrid role that has a requirement of working at least three days a week in the office.

Guy Carpenter’s South East Asia and Korea Actuarial Advisory team helps our clients deliver on growth and manage changing risk strategies in an ever-changing economic environment.  Working with Broking, Strategic Advisory, Peril Advisory, Ratings Advisory, and CAT Advisory, we provide our clients solutions to optimize reinsurance placement, increasing capital efficiency and support new growth opportunities.  We act as both an advisor and an advocate for our clients and support them in a myriad of ways.  

 

This opportunity is ideal for a suitable candidate to apply their analytics knowledge and project management skills to a number of high-profile clients while developing their consulting and leadership abilities. Our team is seeking candidates for the following position located in Korea office.

What we will count on you to: 

• Provide actuarial and financial modelling services to clients and colleagues 

• Analyse how the distribution of results and relevant risk measures changes as a result of applications on various proposed reinsurance alternatives 

• Conduct cost-benefit analysis to recommend reinsurance programs based on various metrics 

• Lead the discussion with clients and colleagues regarding reinsurance options and recommendations 

• Respond to client queries and concerns, resolving issues promptly 

• Provide technical training for clients and colleagues 

• Mentor and peer-review junior colleagues 

• Serve as a strategic partner to brokers and clients helping to find the solutions to mitigate risk 

• Collaborate with the actuarial and broking teams to ensure client needs are met and analytics resources are used effectively 

• Develop complex models and pricing strategies across a wide range of risk exposures 

 

 

What you need to have: 

• Bachelor’s degree in Actuarial Science or related quantitative field such as Mathematics or Statistics   

• 7+ years working experience in insurance or reinsurance  

• Proficient in English and Korean, both verbally and written 

• FCAS, FIA or FIAA  

• Strong ability to to manage workflows effectively through efficient time management 

• Well-versed in Microsoft Excel 

• Excellent communications, presentations and project management skills 

 

What makes you stand out: 

• Experience in a technical related role at a reinsurance broker, reinsurer, or catastrophe model software vendor 

• Coding experience in programming languages (i.e. Alteryx, R, Python, VBA , SQL) 

 

 
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 enhance your well-being. 

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 creating 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, or any other characteristic protected by applicable law.

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.