Full-Time Risk Analyst | Toronto | Guy Carpenter
Job Description
Guy Carpenter is the world’s premier reinsurance intermediary and strategic advisor to leading insurance and reinsurance organizations, delivering integrated solutions through its industry-leading analytics and advisory services, highly specialized product knowledge and trading relationships with reinsurance markets around the world. Headquartered in New York City, Guy Carpenter has more than 2,300 employees in over 60 locations worldwide.
Guy Carpenter (GC) is currently seeking a Risk Analyst in its Toronto office to assist the broking team in providing the most appropriate risk management programs, placements and services for assigned accounts based on client needs as advised by client managers (Account Executives).
As a Risk Analyst , your tasks will include:
Broker Support
- Data collection and analysis in building reinsurance submission for client assignments
- Assist in renewing reinsurance programs. Provide brokers with research analysis as needed.
- Update Brokers on issues, progress etc, regularly and upon request
- Assist in responding to client queries and concerns, resolving issues promptly
- Assist in monitoring accounting, (premium payments, loss collections, etc) anticipating and preventing problems when possible.
- Assist with broker review on contract documentation, ensuring contract drafter has accurately captured terms and conditions of placement.
- Assist in timely production of contract documentation and follow-up, ensuring timely flow of materials
- Assist with scheduling of reinsurer audits and visits with client
Learning Development
- Maintain comprehensive knowledge of reinsurer capabilities (product lines, capacity, approvals, etc) with the help of Market Information Department and Market Reference Guide
- Analyze client risk and develop and present recommendations
- Develop broking and functional skills
Compliance Policies
- Understand all best practice procedures and compliance policies. When new procedures are provided, understand and adopt new procedures as rolled out, take required training and speak up with any question or concerns uncovered in your role at Guy Carpenter.
- Follow all best practice procedures and compliance requirements, including but not limited to building a complete placement file as the placement progresses to minimize errors & omissions.
Client Services
- Assist broking team in designing new programs for clients’ unmet needs
- Respond to client requests for information (reinsurer, financial reports, industry issues, etc), as directed by senior broker, coordinating with Market Information and other departments as necessary, and clearing with senior broker.
Qualifications:
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Commerce, Economics or any related majors
- Experience in Insurance is a strong asset (including coop work terms)
- Very strong computational skills in Microsoft Office (Excel, Word, PowerPoint)
- Excellent interpersonal skills for establishing and maintaining client, reinsurer and internal relationships
- Verbal and writing skills for complex communications (presentations, negotiations, etc.) with clients, reinsurers and GC colleagues at various levels of seniority
- Ability to prioritize workload according to volume, urgency and resource requirements
- Ability to find creative solutions to new problems as they arise
- Ability to maintain compliance with Professional Standards, where applicable, as well as company-wide quality initiatives
- Bilingual (French/English) is an asset
JOIN US
At Guy Carpenter, we believe that diversity and inclusion are vital components of our future and our goal is to leverage the unique skillsets that each person brings to the company. We provide our employees with a supportive, collaborative environment that leads to innovative ideas and the ability to make an impact. If you thrive on challenge and enjoy connecting with people, we’re looking for you!
COMPANY PROFILE
Guy Carpenter is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With more than 60,000 colleagues and annual revenue over $13 billion, Marsh & McLennan Companies is a global professional services firm providing advice and solutions in the areas of risk, strategy and human capital. It is the parent company of a number of the world’s leading risk experts and specialty consultants, including Marsh, the insurance broker and risk advisor; Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of HR and related financial advice and services; and Oliver Wyman, the management consultancy. With over 60,000 employees’ worldwide and annual revenue of approximately $10 billion, MMC provides analysis and advice to clients in more than 100 countries. Its stock (ticker symbol: MMC) is listed on the New York, Chicago and London stock exchanges
Marsh & McLennan Companies offers competitive salaries and comprehensive benefits. For more information about our company, please visit us at: http://www.mmc.com/. We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. For more information, please visit us at: www.mmc.com/diversity.
How to Apply
To apply, please use the following link: Risk Analyst853 total views, 1 today
