We are seeking a talented individual to join our Health Actuarial team at Mercer, a Marsh business. This role will be based in Gurgaon/Noida. This is a hybrid role that has a requirement of working at least three days a week in the office.
Senior Analyst - Actuarial (B Level)
Mercer’s GSD Health Actuarial team is seeking candidate for various roles to support client engagements focused on U.S. employers’ healthcare benefits strategy and financials. This is a hands-on role working with U.S. consulting & Actuarial teams to deliver high-quality analysis and client materials. The successful candidate will be an individual contributor who is developing into a lead role – occasionally presenting to clients, guiding junior analysts, and partnering with senior colleagues.
We will count on you for:
- Process, validate and update data in actuarial and financial models like experience monitoring, Reserving, regulatory reporting, etc.
- Prepare and analyze actuarial and financial reports for US H&B clients
- Peer reviews the reports prepared by the team members and share observations
- Liaison with onshore consultants for any data or project related queries resolution
- Participate and contribute to any special project requirements
- Support in any new transitions, documentation and creation of PMAPs and SOP
- Mentors/ trains the team members on process related queries
- Complete scope and estimate effort & timelines for all projects or consulting tasks, ensuring effective utilization of team resources and developing the culture of delivering operational excellence.
What you need to have:
- Minimum 1-2 years of actuarial experience, US H&B Actuarial experience is preferred.
- Any graduate degree – preferably in Mathematics, Statistics, Actuarial Science, Economics, Finance, or another quantitatively rigorous discipline.
- Must have passed CS1 and CM1 exams from IAI or IFoA - and preferably 5+ actuarial exams cleared, or equivalent progress toward actuarial qualification from other institutes.
- Strong analytical, problem-solving, and interpretation skills with attention to numerical accuracy.
- Practical knowledge of health & benefits (H&B) domain preferred—experience with employer-sponsored healthcare in the U.S. is an advantage.
- Familiarity with actuarial reserving (IBNP), underwriting analytics, or carrier selection frameworks.
- Proven ability to manage multiple tasks in a demanding environment and adapt to rapidly changing priorities.
- Solid project management skills and ability to work both independently and collaboratively.
- Advanced proficiency with MS Excel; comfortable preparing PowerPoint deliverables and client reports.
What will make you stand out
- Self-starter with strong interpersonal skills and a collaborative mindset.·
- High attention to detail, proven ability to work on own initiative as well as in a team·
- Stakeholder management mainly onshore stakeholdersAdaptable communicator, facilitator and problem solver.
- Fluent written and spoken English; ability to present technical concepts to non-technical audiences. ·
- Ability to multi-task and prioritize time effectively and demonstrate quick learning skillsDemonstrated experience translating technical analysis into practical client recommendations.
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 on 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 (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, caste, 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.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
- Minimum 1–2 years of actuarial experience
- Bachelor’s or graduate degree, preferably in Mathematics, Statistics, Actuarial Science, Economics, Finance, or another quantitatively rigorous discipline
- Passed CS1 and CM1 actuarial exams from IAI or IFoA, or equivalent progress toward actuarial qualification from another institute
- Strong analytical, problem-solving, interpretation, and numerical accuracy skills
- Ability to manage multiple tasks in a demanding environment and adapt to changing priorities
- Solid project management skills and ability to work independently and collaboratively
- Advanced proficiency with Microsoft Excel
- Ability to prepare PowerPoint deliverables and client reports
- U.S. health and benefits actuarial experience
- Five or more actuarial exams cleared, or equivalent progress toward actuarial qualification
- Practical knowledge of the health and benefits domain, especially employer-sponsored U.S. healthcare
- Familiarity with actuarial reserving, IBNP, underwriting analytics, or carrier selection frameworks
- Strong interpersonal, communication, facilitation, and stakeholder management skills
- Fluent written and spoken English, including the ability to present technical concepts to non-technical audiences
- Experience translating technical analysis into practical client recommendations
- Ability to work at least three days per week in the Gurgaon or Noida office
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.
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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.
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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.
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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
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.
