Marsh is seeking a candidate for following position based out our office in Mumbai :
Senior Principal Engineer - Data Science
What can you expect?
This position is for an individual contributor in Data Science, who will develop and implement leading-edge techniques in artificial intelligence, machine learning, predictive modeling, and natural language processing as applied in commercial insurance and risk management. This position consults with senior colleagues on complex financial and statistical analyses, and develops approaches for new, market-leading tools.
Core Responsibilities:
Develops modeling approaches for implementing new, market-leading analytics-based tools to understand and address risk
Understands business problems to create an approach that starts with determining structured and unstructured data needs and availability, builds Machine Learning models, and finalizes with results that unlock insight for clients and colleagues
Demonstrates skill in advanced statistical analysis, data mining, and/or research techniques, combined with broader awareness of the business and ongoing research, while functioning in a collaborative role with the Data Science team and across the wider organization
Stays current with ongoing research in the field and brings new approaches to the team
Serves as an internal expert resource and champion for data science within Marsh and MMC
We will count on you to:
Hands on expertise in Python and Data related packages such as pandas, numpy, matplotlib, streamlit etc.
Mine and analyze data to drive optimization and implement business strategies
Build machine learning algorithms based on the business ask
Deploy API on the platform by understanding the technical ask
Develop statistical custom data models and algorithms from scratch to enhance current value proposition and new product development
Utilize risk models related to Time Series Forecasting, Clustering, GLM/Regression, Boosting, Trees, etc.
Use advanced analytics to augment consulting deliverables with data backed outputs
Conduct research on the clients risk areas and prepare a point of view for consulting.
What you need to have:
Minimum 12 months experience as Principal Engineer (C2) / Senior Principal Engineer.
Should have at least “On-Track” or equivalent rating in last appraisal.
Should not be under any Performance Counselling Plan or had any official disciplinary action within the last 3 months.
Should not have applied for any other IJP in the last 3 months.
Bachelors Degree in Engineering, Computer Science, Data Science, or related fields
5+ years of experience in the field of Data Science, AI research or similar fields
Ability to develop strong internal/external client oriented solutions
Superior detail orientation, excellent communication and interpersonal skills
Hands on expertise of modern programming languages such as Python and SQL
Expertise in writing complex SQL queries.
Understanding Risk modelling and inferential statistics.
Knowledge of insurance contracts and risk business in general is a plus
What makes you stand out:
Understanding of insurance and risk management
Experience of building data visualization in MS-excel/PowerBI
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.
Skills Required
- Minimum 12 months experience as Principal Engineer (C2) / Senior Principal Engineer
- At least "On-Track" or equivalent rating in last appraisal
- No performance counselling plan or official disciplinary action within last 3 months
- Should not have applied for any other IJP in the last 3 months
- Bachelor's degree in Engineering, Computer Science, Data Science, or related field
- 5+ years experience in Data Science, AI research, or similar fields
- Hands-on expertise in Python and data libraries (pandas, numpy, matplotlib, streamlit)
- Hands-on expertise in SQL and ability to write complex SQL queries
- Understanding of risk modelling and inferential statistics (Time Series, Clustering, GLM/Regression, Boosting, Trees)
- Ability to develop client-oriented solutions; strong communication, interpersonal skills, and attention to detail
- Knowledge of insurance contracts and risk business
- Experience building data visualizations in MS-Excel or Power BI
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.







