Cyber Treaty Broker, Alternative Capital

Guy Carpenter’s global Cyber Center of Excellence is a dedicated team of brokers, product innovators and analytic experts advancing the role of cyber reinsurance and retrocession. Our global team is committed to supporting our clients’ growth strategies and invested in further developing the cyber risk transfer market. The Cyber Center of Excellence continues to create technology-driven innovations for qualitative and quantitative capabilities for silent and affirmative cyber.

We are seeking a VP, Cyber Alternative Capital Broker to join our Cyber COE in New York.

What to expect:

• The role will engage alternative capital providers on the structural design, modeling and transactional viability of cyber deals in order to garner support for these transactions.
• Within MMC, you will sit in GC’s Cyber practice and closely liaise with GC Securities (a leading investment advisor and broker-deal in the re/insurance sector) colleagues globally.
• You will lead this initiative for North America and engage with cyber stakeholders and alternative capital providers globally.
• An opportunity to own a strategy, exercise creativity and solve for a high profile need in the broader risk transfer market.
• You will also interface with cedents to ensure the scope of the risk transfer adequately addresses the client’s needs.
• You will focus on advancing the use of alternative capital in the cyber market.

What is in it for you?

• Social Impact volunteering opportunities available for all colleagues through a network of colleague and business partnerships.
• Culture of internal mobility, collaboration and valued partnership throughout business
• A global company with a strong brand and strong results to match
• The ability to get into an emerging risk space at ground level
• Employee Resource Groups that provide access to leaders, relevant volunteer and mentoring opportunities and interactions with counterparts in industry groups and client organizations

We will count on you to:

• Maintain relationships and regular communication with clients and markets, including the communication of Guy Carpenter intellectual property (peer studies, market reports).
• Negotiate and execute clients’ placements.
• Collaborate closely with Cyber practice colleagues (broking team and analytics) to remain current on capacity needs, short vs. long term client growth strategies and cyber modeling.
• Present financial analysis to clients, typically the CEO/CFO or Ceded Re teams
• Use financial modeling to assess the viability and returns of transactions
• Building of market materials for reinsurance placements (submission, marketing and presentations).
• As required, work with GC Securities colleagues on other cyber-centric ILS transactions, which could include catastrophe bonds, collateralized reinsurance, sidecars, ILW derivatives, and other related projects
• Assess target performance, both in a standalone and comparative basis
• Assist in the presentation of financial and commercial information for both buy-side and sell-side

What you need to have:

• 5 -7 years experience working for a (re)insurance or securities/banking firm and a good understanding of the non-life (re)insurance sector
• Strong financial and analytical skills, including experience with accounting and financial modelling
• Bachelor’s Degree
• Banking deal flow experience

What makes you stand out:

• Power BI
• Strong PowerPoint and Excel skills
• Interest in emerging risk and protection gaps

GUY CARPENTER

Guy Carpenter & Company, LLC is a leading global risk and reinsurance specialist with more than 3,100 professionals in over 60 offices around the world. Guy Carpenter delivers a powerful combination of broking expertise, trusted strategic advisory services and industry-leading analytics to help clients adapt to emerging opportunities and achieve profitable growth. Guy Carpenter is a business of Marsh McLennan (NYSE: MMC), 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 companies including Marsh, Mercer and Oliver Wyman. For more information, visit www.guycarp.com and follow Guy Carpenter on LinkedIn and Twitter @GuyCarpenter

#LI-KS1 #cyber #reinsurance #altcapital

The applicable base salary range for this role is $120,000 to $215,000.
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.