Senior Manager - Risk Consulting

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Hiring Remotely in Hiranandani Gardens, Mumbai Suburban, Mahārāshtra, IND
Remote
Fintech • HR Tech • Insurance • Consulting
The Role
Company:Marsh

Description:

We are seeking a talented individual to join our Risk Consulting team at Marsh. This role will be based in Mumbai. This is a hybrid role that has a requirement of working at least three days a week in the office.

We will count on you to:

  • Contribute to the development of thought leaderships, market updates, and new insights on industry developments through advanced data analytics, experimentation and creative research approaches to foster innovation.
  • Design robust, executable research studies using strong research fundamentals; select appropriate quantitative and qualitative methods and ensure alignment with MMC professional standards.
  • Use and advance research tools and techniques, exploring novel methodologies to answer complex questions and accelerate insight generation.
  • Synthesize findings into clear, compelling outputs (reports, publications, presentations) that influence internal stakeholders and external audiences.
  • Build and expand a portfolio of proprietary knowledge assets, including methodologies, datasets, frameworks and published content.
  • Cultivate and maintain relationships with stakeholders, marketing teams and C&S partners to align research with global thought leadership agendas and commercial priorities.
  • Liaise with internal and external subject matter experts to source perspectives, validate results and plan follow-up studies.
  • Collaborate cross-functionally with specialty teams to produce client-centric thought leadership and bespoke industry updates.
  • Combine quantitative and qualitative evidence to form well-grounded inferences and practical recommendations.
  • Conduct thorough, sector-specific research to enhance current solutions and strengthen the value proposition for clients.
  • Communicate proactively, responsively and clearly to ensure timely delivery, stakeholder confidence and agile project management.
  • Share best practices, new methods and tools across the broader Marsh thought leadership community to raise capability and consistency.

What you need to have: 

  • Masters / Bachelors in Economics or Masters in Business Administration (MBA) / Statistics / Econometrics etc. equivalent post-graduation certification from a reputed institute
  • 6 to 8 years of experience in risk advisory, research (quantitative and qualitative | secondary) experience, at a leading professional services / consulting firm / market intelligence / research firm
  • Experience in consulting projects and conducting independent secondary research
  • Deep understanding of global marketplace, key trends, economic and geo-political developments, technological developments, global supply chain, and key business and financial risks
  • Exposure to Generative AI tools: Broad understanding of Generative AI tools which can be utilized in the research process is preferable.
  • Strong ability to weave a story using multiple data points. Excellent analytical, quantitative and problem solving skills
  • Able to leverage key statistical tools and technologies —Statistics, SQL,Gen-AI, SAS, R, SPSS and visualisation tools  to identify the insights hidden within huge volumes of numeric and textual data
  • Strong foundation of qualitative and quantitative research including clarity on statistical concepts with ability to translate data into meaningful insights
  • Strong understanding of strategy frameworks (Porter’s 5 forces, BCG Matrix, Mckinsey 7s etc.) and their applications in bringing out cutting edge insights
  • Extensive exposure to information databases such as: S&P Cap IQ, Merger Market, Factiva, and open source datasets  etc.
  • Great written and verbal communication
  • A team player with extraordinary interpersonal skills
  • Expert level proficiency in Microsoft Excel, Word and PowerPoint.

What makes you stand out?

  • A commercial sense to apply proportionality to the depth of analytics used versus desired output.
  • Ability to take initiatives to strive for improvement in analytics techniques, process and output.

Marsh, a business of Marsh McLennan (NYSE: MMC), is the world’s top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow on LinkedIn and X.Marsh McLennan 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 McLennan 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 McLennan 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.

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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