Actuary - Risk Consulting & Analytics Solutions

Posted Yesterday
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Lower Place, London, England, GBR
In-Office
Mid level
Fintech • HR Tech • Insurance • Consulting
The Role
Support deployment of analytics platforms across specialty insurance divisions, develop and deliver models, lead analytics projects, drive client engagement and sales support, present results and recommendations, and collaborate with global teams to embed best practices.
Summary Generated by Built In
Company:Marsh

Description:

Actuary - Risk Consulting & Analytics Solutions

We are seeking a driven and technically strong Actuary to join our Risk Consulting & Analytics Solutions team. This is an exciting opportunity to work at the forefront of analytics and consulting, helping deliver innovative solutions to a diverse client base across Marsh. You’ll bring analytical expertise, commercial insight, and a collaborative mindset to complex risk challenges, making a real impact within a global market-leading organisation.

What can you expect

  • The chance to work with a diverse, global client base as part of the world’s largest insurance broker.

  • A varied, high-impact role with intellectually stimulating work across pricing, digital tool development, and alternative risk modelling.

  • A collaborative and experienced team, where your contribution will matter and your growth will be supported.

  • Clear opportunities to build your career within a leading global organization.

  • The opportunity to make a real difference every day, helping shape the future of analytics in Marsh Specialty.

We will count on you to:

  • Support Marsh Specialty UK&I in deploying analytics platforms across key divisions including Aviation, Construction, Credit Specialties, Energy & Power, FINPRO, Marine, and PEMA, working closely with business leaders and Risk Consulting & Analytics Solutions colleagues on model development.

  • Drive engagement with Marsh Risk Consulting analytics offerings across Marsh Specialty UK&I clients.

  • Lead and support the delivery of analytics projects, ensuring strong client outcomes and high-quality deliverables.

  • Support UK&I sales and client service across both brokerage and consulting through clear results presentation, strong methodology explanation, and practical, actionable recommendations.

  • Collaborate with Marsh global teams to share best practices and help embed them across the business.

What you need to have:

  • A strong analytics or actuarial background, ideally within risk management or commercial insurance.

  • 4+ years of relevant experience in areas such as model development, risk management, retail insurance, actuarial practice, and/or advisory or consulting.

  • Solid proficiency in MS Excel and at least one programming language.

  • Strong presentation skills and hands-on experience delivering consulting projects.

  • A solid working knowledge of commercial specialty insurance programs.

What makes you stand out:

  • Proficiency in Python or R.

  • A degree in statistics, mathematics, or engineering.

  • Experience in stochastic modelling.

  • Familiarity with catastrophe modelling.

  • An understanding of Solvency II or capital modelling frameworks.

  • Experience in Lloyd’s or the London Market.

  • A background in client-facing project delivery within an advisory or consulting environment.

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, 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, ideally within risk management or commercial insurance
  • 4+ years of relevant experience in model development, risk management, retail insurance, actuarial practice, advisory or consulting
  • Solid proficiency in MS Excel and at least one programming language
  • Strong presentation skills and hands-on experience delivering consulting projects
  • Solid working knowledge of commercial specialty insurance programs
  • Proficiency in Python or R
  • Degree in statistics, mathematics, or engineering
  • Experience in stochastic modelling
  • Familiarity with catastrophe modelling
  • Understanding of Solvency II or capital modelling frameworks
  • Experience in Lloyd's or the London Market
  • Background in client-facing project delivery within advisory or consulting

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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