Actuarial Consultant- US Locations (Remote/Hybrid)

Reposted 3 Days Ago
Be an Early Applicant
8 Locations
In-Office or Remote
122K-260K Annually
Senior level
Fintech • HR Tech • Insurance • Consulting
The Role
The role involves managing actuarial projects for clients, delivering analyses, mentoring junior staff, and communicating with stakeholders. Requires extensive P&C insurance knowledge and actuarial credentials.
Summary Generated by Built In
Company:Marsh

Description:

Our captive actuarial practice is looking for an experienced P&C Actuary who will manage the timely and accurate delivery of various types of actuarial analyses to a large portfolio of captive and self-insured clients. 

What can you expect?

  • Joining a team of Actuarial Consultants and Actuarial Analysts, specialized in the delivery of client engagements such as:
  • Evaluations of unpaid claims liabilities
  • Statements of Actuarial Opinion
  • Loss funding and payout projections
  • Ratemaking
  • Captive feasibility studies
  • Retention optimization
  • Risk transfer opinions
  • Premium allocations
  • Commutation valuations
  • Parent company self-retained liability analyses
  • M&A due diligence
  • Cost allocations
  • Capital analyses
  • Managing actuarial projects from start to finish, including ensuring quality and timeliness of client deliverables, developing budgets and billing reports, acting as senior client contact and preparing/delivering concise communications and results to client.
  • Acting as a mentor to junior actuarial staff and overseeing their basic actuarial work.

What makes this role exciting?

  • Working on a wide range of projects for clients across many industry sectors, addressing numerous P&C insurance coverages from traditional lines to unique captive offerings.
  • Communicating to technical and non-technical stakeholders.
  • Being part of a large captive management and consulting team creating analytical models and cutting-edge solutions to address the risks of our clients.
  • Being part of the world’s largest broking and risk management organization to service clients ranging from large multinational corporations to small businesses.
  • Working for a global company that embraces cultural diversity.

What you need to have:

  • BA/BS degree.
  • Actuarial credentials (ACAS or FCAS) required.
  • Qualification under US standards to sign P/C Statements of Actuarial Opinion
  • Five or more years of relevant actuarial experience, preferably in a consulting environment.
  • An expert level of understanding of property & casualty insurance products and actuarial skills.
  • Superior analytical and mathematical skills, strong command of Excel.
  • Outstanding interpersonal skills, strong oral and written communication skills.

What makes you stand out?

  • Demonstrated record of building trusted relationships with external and internal stakeholders.
  • Exceptional organizational and project management skills, with the ability to prioritize and handle multiple and complex tasks in a fast-paced work environment.
  • Strong critical thinking and analytical problem-solving skills with desire to develop.
  • Ability to manage, motivate, and mentor more junior level staff.
  • Property pricing experience.

Why join our team:

We help you be your best through professional development opportunities, interesting work, and supportive leaders. We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients, and communities. Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh Risk is a business of Marsh (NYSE: MRSH), 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 about Marsh Risk, 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, 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 [email protected].

The applicable base salary range for this role is $121,900 to $259,700.

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.

Applications will be accepted until:

August 3, 2026

Skills Required

  • BA/BS degree
  • Actuarial credentials (ACAS or FCAS)
  • Qualification under US standards to sign P/C Statements of Actuarial Opinion
  • Five or more years of relevant actuarial experience
  • Expert level of understanding of property & casualty insurance products and actuarial skills
  • Superior analytical and mathematical skills
  • Strong command of Excel
  • Outstanding interpersonal skills
  • Strong oral and written communication skills

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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