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Marsh & McLennan

Brokers insurance and runs risk and HR consulting

General Insurance Actuary - Risk Consulting & Analytics Solutions

Actuarial & Risk ModellingConfirmed live in the last 24 hours
Full-timeLondon, UKNo salary listed

About the Job

Requirements

  • Good working knowledge and technical experience of one or more components of actuarial or insurance risk, including reserving, underwriting, pricing, capital modelling, reinsurance, exposure management, or model risk, along with familiarity with related enterprise, conduct, and operational risk management in general or non-life insurance.
  • Be a part-qualified or qualified actuary.
  • Have solid proficiency in Microsoft Excel and at least one programming language.
  • Have strong presentation skills and hands-on experience delivering consulting projects.

Responsibilities

  • Support Marsh Specialty UK&I in deploying analytics platforms across key divisions, working closely with business leaders and Risk Consulting & Analytics Solutions colleagues on model development.
  • Deliver actuarial analysis across a broad insurance portfolio for Marsh Specialty UK&I clients.
  • Partner with brokers, underwriters, and stakeholders on account pricing, portfolio insights, and strategic growth opportunities.
  • Develop and enhance models to reflect evolving needs and market dynamics.
  • Lead and support analytics project delivery, ensuring strong client outcomes and high-quality deliverables.
  • Support UK&I sales and client service across brokerage and consulting through clear presentation of results, explanation of methodology, and practical, actionable recommendations.
  • Collaborate with Marsh global teams to share best practices and help embed them across the business.

Desired Qualifications

  • Have a background in client-facing project delivery within an advisory or consulting environment.
  • Have a degree in statistics, mathematics, or engineering.
  • Have experience in stochastic modelling.
  • Be proficient in Python or R.
  • Have experience in Lloyd’s or the London Market.
  • Be familiar with catastrophe modelling.
  • Understand Solvency II or capital modelling frameworks.

About the Company

Marsh & McLennan

Brokers insurance and runs risk and HR consulting

Marsh & McLennan Companies, which operates under the Marsh brand, is an insurance broker and consulting group serving businesses, governments and institutions worldwide. Its Marsh Risk unit arranges property, casualty, cyber and employee-benefit coverage, while Guy Carpenter places reinsurance for insurers. Mercer advises employers on pay, benefits, retirement and investments, and Oliver Wyman, Lippincott and NERA handle strategy, brand and economic consulting. Brokers earn commissions and fees from placing coverage, and consultants bill client fees or charge fees based on assets or plan members. The company traces its roots to 1871 and is headquartered in New York City.

Company size
10,001+
Company stage
Not listed
Total funding
Not listed
Headquarters
New York, NY
Founded
1871

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