Full-Time

Actuarial Manager

Actuarial

Updated on 5/12/2026

Marsh

Marsh

10,001+ employees

Global insurance brokerage and risk advisory

No salary listed

Mumbai, Maharashtra, India

Hybrid

Hybrid role requiring at least two days in office per week.

Category
Finance & Banking (2)
,
Required Skills
Data Science
Machine Learning
Data Analysis
Excel/Numbers/Sheets
Requirements
  • Bachelor’s or master’s degree in a technical discipline such as Actuarial Science, Data Science, Engineering, Physics, Mathematics or Statistics.
  • 4+ years of work experience; completion of at least 2 actuarial exams preferred.
  • Curious and proactive mindset: desire and ability to lead internal initiatives and research projects to completion.
  • A collaborative, team-oriented mindset and effective interpersonal skills that is a positive and helpful presence in colleague and client interactions.
  • Strong ability to be organized and detail oriented.
  • Capacity to progress multiple projects at the same time.
  • A desire and ability to grow beyond your current capabilities.
  • Superior communication and presentation skills.
  • Proficient in MS Excel with skills in other MS Office products.
Responsibilities
  • Contribute to developing an inclusive work environment that respects and values differences of background, experience, and thought.
  • Organize client data, check data for reasonability, load data into predictive models, run the models, share insights with senior colleagues, and compile coherent and compelling narratives to help clients understand their degree of risk.
  • Perform basic calculations with client data to assess a range of risk exposures and predict outcomes for clients in support of reinsurance transaction process.
  • Conduct research on industry/regulatory developments that affect loss liabilities to determine the impact on clients.
  • Generating multiple exhibits, dashboards and decks leading to have impactful and insightful discussions with clients on their reinsurance strategy.
  • Establish and maintain strong relationships with brokers/clients/reinsurers/colleagues, assist in promptly responding to client queries and concerns.
  • Keep teams updated on industry-specific and specialty related trends that may affect reinsurance programs/calculations
  • Leverage our proprietary MetaRisk software suite and other internal tools to develop and optimize bespoke reinsurance transactions and evaluate their impact on our clients capital, growth, and volatility objectives.
Desired Qualifications
  • Familiarity with programming languages & visualization tools (i.e., R, Python, SQL, Alteryx, Power BI)
  • Experience in a technical role at a reinsurance broker, market, or catastrophe model vendor
  • Prior experience in relevant re/insurance field. Understanding of the reinsurance industry and product lines

Marsh is a diversified professional services firm that helps clients manage risk, secure insurance, and design risk-transfer programs. Its core work combines risk advisory with insurance brokerage, acting as a buyer of coverage and placing policies across multiple underwriters. It includes Mercer (HR consulting), Guy Carpenter (reinsurance brokerage), and Oliver Wyman (management consulting) under a holding structure. Its goal is to lower clients' financial risk and total cost of risk by combining risk transfer with advisory and consulting services across insurance, reinsurance, HR, and business strategy.

Company Size

10,001+

Company Stage

Seed

Total Funding

$110K

Headquarters

New York City, New York

Founded

1871

Simplify Jobs

Simplify's Take

What believers are saying

  • Mercer consulting revenue grew 11% in Q1 2026, outpacing traditional brokerage and driving higher margins.
  • EMEA division surged 14.1% year-over-year in Q1 2026, signaling strong European and emerging market expansion.
  • Niche insurance products like Port Blockage Insurance and Micassure capture underserved segments as commoditization pressures traditional lines.

What critics are saying

  • Aon's $13B Willis Towers Watson acquisition enables aggressive pricing that erodes Marsh's 30% global brokerage share.
  • Guy Carpenter's 2% organic growth in Q1 2026 trails Arthur J. Gallagher's 15% YoY, signaling reinsurance market share loss.
  • Sentrisk AI platform faces class-action lawsuits alleging misuse of client supply chain data for competitive intelligence.

What makes Marsh unique

  • Sentrisk AI platform maps supply chains with geospatial satellite imaging, uniquely addressing geopolitical and climate risks.
  • Holding company structure enables separately managed businesses: Marsh, Mercer, Guy Carpenter, Oliver Wyman.
  • Broker-as-advisor model since 1905 spreads client risk across multiple underwriters, not single insurers.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Paid Vacation

Paid Sick Leave

Hybrid Work Options

401(k) Retirement Plan

401(k) Company Match

Employee Stock Purchase Plan

Professional Development Budget

Tuition Reimbursement

Mental Health Support

Paid Holidays

Company News

Smartbroker Holding AG
Jul 28th, 2025
Mitsubishi Electric to Transfer Shares of Insurance Subsidiary to Marsh Japan

28.07.2025 - Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has concluded a share transfer agreement under which it will transfer shares of its Tokyo-based subsidiary Mitsubishi Electric Insurance Service Co., Ltd. to Marsh Japan, Inc. on ...

Coverager
Aug 28th, 2024
Marsh Launches Port Blockage Insurance

Marsh <i class="fa fa-info-circle company-popover" data-content="h3Marsh/h3. div. table

Business Wire
May 16th, 2024
Marsh Mclennan Stockholders Re-Elect Board Of Directors During 2024 Meeting

NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy, and people, today announced the results of its 2024 Annual Meeting of Stockholders. Stockholders elected the entire slate of 2024 director nominees for a one-year term expiring at next year’s annual meeting. The 11 directors are: Anthony K. Anderson, John Q. Doyle, Oscar Fanjul, H. Edward Hanway, Judith Hartmann, Deborah C

Coverager
May 9th, 2024
Marsh Introduces Micassure

Marsh <i class="fa fa-info-circle company-popover" data-content="h3Marsh/h3. div. table

Coverager
May 2nd, 2024
Marsh Launches Sentrisk

Marsh <i class="fa fa-info-circle company-popover" data-content="h3Marsh/h3. div. table