Company: Guy Carpenter
Description:
OUR IMPACT IN THE REINSURANCE MARKET
A dynamic and renowned innovator in the reinsurance broking space, Guy Carpenter helps insurance companies find new ways to manage their risk. As a reinsurance intermediary, Guy Carpenter\xe2\x80\x99s colleagues are offered a unique opportunity to pursue a career that marries investment banking and consulting. Similar to an investment bank, we broker a specific type of financial transaction called reinsurance. Comparable to a consulting firm, we leverage our reinsurance expertise to help our clients anticipate and navigate change, providing them with a business edge that goes beyond the insurance transaction. Our full company platform includes broking expertise, strategic advisory services, and best-in-class analytics, giving insurers the confidence they need to grow and protect their business.
We thrive on working together, harnessing our collective intelligence across teams, borders, and backgrounds. We are looking for an individual who is proactive, innovative, a self-starter and enjoys building relationships with clients, reinsurers and colleagues.
Consider watching Max Aronchick\'s reflection on his early days at Guy Carpenter -
What is reinsurance?
Reinsurance is a risk transfer agreement that is often referred to as \xe2\x80\x9cinsurance for insurance companies.\xe2\x80\x9d Insurance companies purchase reinsurance from other carriers to protect against the risk of a major claims event. Guy Carpenter supports insurance companies as they navigate the market to find the best reinsurance solutions for their needs. Given the important role we play in global risk mitigation, we enable insurance companies the opportunity to protect individuals against unforeseen loss.
FULFILLING YOUR POTENTIAL
The Risk Analyst role is entry level to the reinsurance Broker career track. Our Brokers are client advocates in the reinsurance transaction negotiations but also leaders in advising the right risk mitigation techniques; their financial broking expertise helps drive favorable terms for our clients, and their important advisory role impacts how the c-suite of insurance companies make decisions. From communicating with clients and reinsurers to helping Guy Carpenter renew client reinsurance programs, our Risk Analysts are a vital part of Guy Carpenter\xe2\x80\x99s broking teams.
As a Risk Analyst at Guy Carpenter, you will:
Gain exposure to the firm\xe2\x80\x99s business and knowledge of the reinsurance industry as they develop key communications, analytical, marketing and sales skills.
Analyze client data and create reinsurance submissions while also developing the functional skills required to coordinate all broking placement activities of the account.
Assist in organizing and preparing presentations which explain industry trends, discuss client options and recommend strategic solutions to meet client goals.
Assist the broking team with client and market research and financial analysis for current and prospective clients.
Develop competencies through a comprehensive and engaging curriculum centered around networking and collaboration.
Learn all aspects of the industry and be trained for an Account Executive role as your career unfolds.
YOUR PROFILE
Graduating from a Bachelor\'s degree by June 2024, all majors will be considered
Demonstrated leadership or initiative through school, community and/or relevant work experience (internship or co-op work term)
Strong communication and interpersonal skills for establishing and maintaining good client, reinsurer, and internal relationships
Strong analytical and quantitative skills
Ability to work under pressure and to meet deadlines within a dynamic environment with conflicting priorities
Ability to work flexibly as part of multiple teams and autonomously
Good computer skills using Microsoft Office (Excel, Word, PowerPoint)
WHAT\'S NEXT
Please upload your one-page resume in a PDF format before October 13, 2023.
We will review application submissions beginning in September. You will be contacted only if you are selected for a first round interview. The first round interview will consist of an interview via Zoom or Teams or in-person.
Further timing and instructions will be provided at that time.
LOCATION
Toronto
START DATE
Summer 2024
MARSH MCLENNAN
(NYSE: MMC) is the world\'s leading professional services firm in the areas of risk, strategy and people. The Company\'s 85,000 colleagues advise clients in over 130 countries. With annualized revenue of over $20 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. advises individual and commercial clients of all sizes on insurance broking and innovative risk management solutions. develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. delivers advice and technology-driven solutions that help organizations meet the health, wealth and career needs of a changing workforce. serves as a critical strategic, economic and brand advisor to private sector and governmental clients. For more information, visit , follow us on and Twitter or subscribe to .
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