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Marsh & McLennan

Brokers insurance and runs risk and HR consulting

Trading Strategy & Risk Associate - Energy

Full-TimeUpdated on 10/24/2026
No salary listed
Mid, Senior
Houston, TX, USA+1 moreMore locations: Dallas, TX, USA
Hybrid
ConsultingStrategy & Management Consulting
No H1B Sponsorship

About the job

Requirements
  • At least 4–6 years of relevant consulting or industry experience in energy-related sectors, including hands-on experience in asset-intensive or operational environments and the ability to work across multiple segments of the energy value chain.
  • Depth in energy and commodities, including oil, gas/LNG, or power; metals or agricultural commodities are a plus.
  • Experience shaping and leading change, such as operating models, risk frameworks, or commercial strategy; technical specialization and ETRM/CTRM implementation expertise are not the focus.
  • A strong quantitative foundation in derivatives and risk measurement, without needing to be a pure quant.
  • Familiarity with how artificial intelligence and machine learning are applied in trading and risk is a plus.
  • Executive presence and client-facing potential to advise leadership teams.
  • Houston is strongly preferred; New York City or Chicago candidates may be considered if open to Houston travel or relocation.
  • US-based candidates must already have US work authorization.
  • A strong background in strategic problem solving with demonstrable analytical skills.
  • Outstanding written and verbal communication skills in formal and informal settings.
  • Ability to take initiative, seek opportunities to learn new skills, and apply existing skills.
  • Creativity and readiness to develop novel solutions to clients' complex problems.
  • Aptitude for analytical work, including examining large datasets and identifying key issues in complex challenges.
Responsibilities
  • Break down complex problems into discrete tasks, identify key aspects of a problem, and direct junior consultants' focus to those elements.
  • Plan and execute analysis effectively, identify core issues in complex analyses, and craft suitable recommendations.
  • Work side by side with clients and project team members to move projects forward.
  • Manage small teams to complete project work.
  • Provide unique insight into the chosen subject area.
Desired Qualifications
  • Familiarity with how artificial intelligence and machine learning are applied in trading and risk.
  • Metals or agricultural commodities experience.

About the company

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

N/A

Total Funding

N/A

Headquarters

New York, NY

Founded

1871

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Simplify Jobs

Simplify's Take

What believers are saying

  • Consulting drives growth: Mercer and Oliver Wyman's group grew 8% organically in the June 2026 quarter, versus 3% for broking.
  • Profits cushion jobs: Marsh kept about 27 cents of operating profit per sales dollar in 2025, before one-time costs.
  • Many career paths under one employer: 95,000+ colleagues span broking, reinsurance, benefits and strategy consulting in 130 countries.

What critics are saying

  • Expect cuts: Thrive, announced October 2025, sets aside $500 million, mostly severance and technology, to save $400 million yearly.
  • Pricing works against broking: Marsh's index shows commercial rates fell 6% in the June 2026 quarter, an eighth straight drop.
  • Back-office roles are being consolidated: a Business and Client Services unit is pooling operations and technology teams company-wide.

What makes Marsh & McLennan unique

  • Consulting is a third of the business: Mercer and the Oliver Wyman group earned 36% of 2025 revenue.
  • Investment management sets it apart: Mercer is the world's largest outsourced chief investment office, running portfolios for institutions.
  • Scale sets it apart: 2025 revenue grew 10% to $27.0 billion across broking, reinsurance and consulting.

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