Actuarial Analyst

Posted 3 Days Ago
Be an Early Applicant
Lower Place, London, England, GBR
Hybrid
Mid level
Fintech • HR Tech • Insurance • Consulting
The Role
Actuarial Analyst supporting analytics and risk consulting projects for global insurance clients. Responsibilities include model development, analytics delivery, client presentations, methodology explanations, actionable recommendations, sales and client service support, and collaboration with global teams. The role requires actuarial or analytics expertise, general insurance knowledge, consulting experience, Excel and programming proficiency, and strong presentation skills. Familiarity with Python or R, catastrophe modeling, Solvency II, capital modeling, Lloyd’s, or London Market insurance is advantageous.
Summary Generated by Built In
Company:Marsh

Description:

We are looking for a driven and technically strong Part or nearly Qualified Actuary to join our Risk Consulting & Analytics Solutions team based in London.


Within this role you will work with a diverse, global client base across Marsh Specialty divisions, bringing analytical rigor and consulting expertise to complex insurance and risk challenges. This is a high-impact role that combines model development, client advisory, and cross-functional collaboration at one of the world's leading insurance brokers.


This is a hybrid role that has a requirement of working at least three days a week in the office.


We will rely on you to:


  • Lead and support the delivery of analytics projects, ensuring high-quality outputs and client satisfaction
  • Support UK&I sales and client service — across both brokerage and consulting — through results presentation, methodology explanation, and actionable recommendations
  • Support Marsh UK&I efforts coordinating with business leaders and Risk Consulting & Analytics Solutions colleagues on model development
  • Drive engagement with Marsh Risk Consulting analytics offerings for Marsh Specialty UK&I clients
  • Collaborate with Marsh global teams to share and embed best practices

What you need to have:


  • A strong analytics or actuarial background, preferably within risk management or commercial insurance
  • A good working knowledge of General Insurance
  • Several years of relevant experience across areas such as model development, risk management, retail insurance, actuarial practice, and/or advisory or consulting roles
  • Solid proficiency in MS Excel and at least one programming language
  • Strong presentation skills and hands-on consulting project experience

What makes you stand out:


  • Proficiency in Python or R
  • Degree in statistics, mathematics, or engineering
  • Desire to complete IFOA Exams
  • Familiarity with catastrophe modelling
  • Understanding of Solvency II or capital modelling frameworks
  • Lloyd's or London Market experience
  • Client-facing project delivery in an advisory or consulting environment

Why join our team:


  • The opportunity to work with a diverse, global client base as part of the world's largest insurance broker
  • A varied and intellectually stimulating workload spanning pricing, digital tool development, and alternative risk modelling
  • An experienced, collaborative team with genuine opportunities to mentor and develop others
  • Competitive actuarial study support
  • Clear pathways to grow your career within a leading global organisation
  • The chance to make a tangible impact every day

#Hybrid

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

Marsh 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, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at [email protected].

Marsh 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 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.

Skills Required

  • Strong analytics or actuarial background, preferably in risk management or commercial insurance
  • Good working knowledge of General Insurance
  • Several years of relevant experience in model development, risk management, retail insurance, actuarial practice, advisory, or consulting
  • Proficiency in MS Excel and at least one programming language
  • Strong presentation skills
  • Hands-on consulting project experience
  • Proficiency in Python or R
  • Degree in statistics, mathematics, or engineering
  • Desire to complete IFOA exams
  • Familiarity with catastrophe modelling
  • Understanding of Solvency II or capital modelling frameworks
  • Lloyd's or London Market experience
  • Client-facing project delivery in an advisory or consulting environment

Marsh McLennan Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Marsh McLennan and has not been reviewed or approved by Marsh McLennan.

  • Leave & Time Off Breadth — Leave offerings are described as generous, including sizable PTO, paid holidays, paid sick days, and additional time off such as paid volunteer time and “Summer days.” These time-off benefits are portrayed as a standout part of the overall rewards package.
  • Healthcare Strength — Healthcare coverage is characterized as comprehensive, spanning medical, dental, and vision options, with additional supports like disability and life insurance and access to mental health resources and an EAP. The breadth of plan options is positioned as a core strength of the benefits package.
  • Retirement Support — Retirement benefits are framed as solid, with 401(k) programs and employer matching frequently highlighted alongside other financial programs. Stock purchase options are also referenced as an additional wealth-building component of the total rewards mix.

Marsh McLennan Insights

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The Company
HQ: New York, NY
78,000 Employees
Year Founded: 1871

What We Do

Marsh McLennan (NYSE: MMC) brings together nearly 78,000 experts in risk, strategy, and people across Marsh, Guy Carpenter, Mercer, and Oliver Wyman, serving clients in over 130 countries. Marsh enables enterprise worldwide by helping clients manage risks, transforming uncertainty into opportunity. Guy Carpenter helps clients grow profitably with reinsurance broking expertise, advisory services, and advanced analytics. Mercer helps organizations advance the health, wealth, and careers of their most vital asset — their people. Oliver Wyman’s expertise in strategy, operations, risk, and organization transformation changes what is possible for our clients, their industries, and society. Together, we combine a unique range of capabilities to help our clients solve problems, seize opportunities, and build lasting success in increasingly complex operating environments.

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