Entry Level Risk Jobs in Jersey City, NJ (NOW HIRING)

We are seeking a talented individual to join our Broking team at Guy Carpenter. This role will be based in Atlanta, San Francisco, Tampa, Dallas, Minneapolis, and New York. It's a hybrid role that requires working at least three days a week in the office.

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’s colleagues have 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 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.

Reinsurance is a risk transfer agreement that is often referred to as “insurance for insurance companies.” 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.

The Risk Analyst role is entry level to the reinsurance broker career track. Our brokers advocate for clients in reinsurance transaction negotiations and advise on risk mitigation techniques; their financial broking expertise drives favorable terms for clients and impacts how insurance companies’ elites make decisions.

As a Risk Analyst at Guy Carpenter, you will:

• Gain exposure to the firm’s business and knowledge of the reinsurance industry while developing key communications, analytical, marketing, and sales skills.
• Analyze client data and create reinsurance submissions, and coordinate all broking placement activities of the account.
• Assist in organizing and preparing presentations that explain industry trends, discuss client options, and recommend strategic solutions to meet client goals.
• Support senior brokers with client relationship management and sales efforts by providing market research and financial analysis for current and prospective clients.
• Develop competencies through a comprehensive curriculum centered around networking and collaboration—from communicating with clients and reinsurers to helping renew client reinsurance programs, our Risk Analysts are a vital part of Guy Carpenter’s broking teams.
• Learn all aspects of the industry and be trained for an Account Executive role as your career unfolds.

At Guy Carpenter, you can be your best. We work on challenges that matter with colleagues who help bring out our best. Our uniquely collaborative environment empowers you to focus on personal and professional success, learning from top specialists in the (re)insurance industry and building a rewarding and impactful career.

• Data collection and analysis in building reinsurance submissions for client assignments.
• Assist in renewing reinsurance programs and provide brokers with research analysis as needed.
• Update brokers on issues, progress, etc., regularly and upon request.
• Respond to client queries and concerns, resolving issues promptly.
• Assist in monitoring accountings (premium payments, loss collections, etc.), anticipating and preventing problems when possible.
• Review contract documentation with brokers, ensuring accurate capture of terms and conditions.
• Produce contract documentation and follow‑up promptly, ensuring timely flow of materials.
• Schedule reinsurer audits and visits with clients.

• Maintain comprehensive knowledge of reinsurer capabilities (product lines, capacity, approvals, etc.) with support from the Market Information Department and Market Reference Guide.
• Analyze client risk and develop and present recommendations.
• Develop broking and functional skills.
• Understand, adopt, and follow all best practice procedures and compliance policies, including building a complete placement file as the placement progresses to minimize errors and omissions.

• Respond to client requests for information (reinsurer, financial reports, industry issues, etc.), coordinating with Market Information and other departments as necessary, and clearing with senior broker.

• Fully matriculated student pursuing a Bachelor’s degree with an expected graduation date of December 2025 or Spring 2026.
• Legal work authorization to work in the U.S. on a permanent and ongoing basis without the need for sponsorship now or in the future.

• Relevant work experience is a plus.
• Strong interpersonal skills for establishing and maintaining good client, reinsurer, and internal relationships.
• Strong analytical and quantitative skills.
• Strong written and verbal communication skills.
• Ability to work under pressure and meet deadlines.
• Flexibility to work as part of multiple teams and autonomously.
• Ability to juggle changing priorities and varied workload.

• Professional development opportunities, interesting work, and supportive leaders help you be your best.
• Vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients, and communities.
• Scale enables a range of career opportunities, benefits, and rewards to enhance your well‑being.

The applicable salary for this role is between $70,000 and $82,000 depending on location.

Application deadline is Sunday, September 28th at 11:59pm EST. We are hiring in multiple locations. As you fill out your application, you can select your desired location; if you are interested in multiple locations, your recruiter will work with you to make those connections. Applications are reviewed on a rolling basis. If selected, first‑round interviews consist of an on‑demand digital video interview. Further timing and instructions will be provided at that time.

Guy Carpenter, a business of Marsh McLennan, 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.

Marsh McLennan is committed to embracing 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, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@mmc.com.

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.