Marsh is seeking candidates for the following position in multiple locations:

Actuarial Specialist -Analytics Solutions

What can you expect?

• Leading risk analytics engagements to help Marsh’s clients answer key risk management questions
• Performing quantitative modeling and statistical analyses in order to assess risk and determine the viability of various risk mitigation solutions
• Getting exposure to clients and seeing your work have a tangible impact on their decisions

What is in it for you?

• Work in a dynamic and energetic team environment
• Fast pace, exciting and friendly culture
• Competitive compensation and time off
• Attractive flex benefits package (medical/dental/vision insurance, life insurance, retirement plan)
• Career development opportunities

In this role, you’ll be responsible for:

• Analyze different types of Property & Casualty risks, including, but not limited to, Liability, Property, Cyber, Directors and Officers.
• Apply highly developed knowledge of models and analyses to assess risk and viability of risk mitigation solutions.
• Utilize actuarial and Monte Carlo techniques to model risks and evaluate insurance coverages available to clients.
• Perform actuarial analysis of client's key risk drivers to assess the cost/benefit of different insurance options.
• Consult with clients on issues that may be unclear to them and implement actionable insights to analyze and mitigate risk.
• Support Marsh USA sales and client service - both brokerage and consulting - through results presentation of results to clients, explanation or methodology, and analysis of alternative solutions to support need for data driven insights.
• Coach junior team members on the delivery of analytics-based tools and analyses and present findings to the client.
• Manage data, work with key stakeholders of the model, perform analysis, and implement models for bespoke client analyses and/or widespread use throughout the organization.

We would like you to have:

• Undergraduate or graduate degree in Statistics (or Mathematics, Actuarial Science, or related areas with strong Statistics comprehension)
• Strong casualty and actuarial analysis experience - Associate or Fellow of the Casualty Actuarial Society
• 5+ years of experience:
• Building, reviewing, and maintaining complex actuarial models, such as loss and premium calculations using loss modeling tools, statistical models, and spreadsheet applications
• Working cross-functionally with IT, Underwriting, Finance, and/or clients to drive turn raw data into analytical, meaningful output to drive greater organizational value
• Using actuarial analyses to conduct industry and peer benchmark research, define trends, and draw conclusions
• Producing presentations to deliver and interpret results for clients and/or stakeholders for various lines of business or consulting topics

What makes ideal Candidate?:

• Strong presentation skills and consulting project experience – ability to translate results of data analysis into easy-to-understand insights for client risk decision-making
• Knowledge of commercial insurance programs – including specialty insurance (examples include Directors’ and Officers’, Cyber, and Errors and Omissions)
• Expert level of proficiency with MS Excel (VBA a plus). Familiarity with either SAS, SQL, R, or Python

Marsh is the world’s leading insurance broker and risk adviser. With over 35,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services. Marsh is a business of Marsh McLennan (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With annual revenue approaching US $20 billion and 83,000 colleagues worldwide, MMC helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. Follow Marsh on Twitter @MarshGlobal; LinkedIn; Facebook; and YouTube, or subscribe to BRINK.  Marsh McLennan and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.

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The applicable base salary range for this role is $103,860 to $226,000.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. 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.

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