M

Marsh

Global insurance brokerage and risk advisory

Health and Benefits Actuarial Intern

Summer 2027Updated on 10/1/2026Deadline 10/17/26
No salary listed
Internship
Bachelor's
Houston, TX, USA+4 moreMore locations: Chicago, IL, USA | Southfield, MI, USA | Columbus, OH, USA | Minneapolis, MN, USA
HybridAt least three days per week in the local office or onsite with clients.
No H1B Sponsorship

About the job

Requirements
  • Progress toward a bachelor's degree in actuarial science, mathematics, statistics, economics, engineering, or another related field.
  • Currently enrolled as a student, with an expected graduation date in Fall 2027 or Spring 2028.
  • A minimum preferred GPA of 3.0 on a 4.0 scale.
  • Commitment to achieving a Society of Actuaries designation.
  • Legal work authorization in the United States on a permanent and ongoing basis without current or future sponsorship.
Responsibilities
  • Perform responsibilities comparable to full-time analysts with one-to-one support from experienced colleagues.
  • Complete comprehensive analysis of health care data using spreadsheet and database management software.
  • Assist in developing client communications, proposals, reports, spreadsheets, and presentations.
  • Perform basic cost projections using client cost and enrollment data with Marsh's valuation model.
  • Price medical and prescription drug plan designs using proprietary Marsh tools.
  • Assist in developing customized pricing through alternate scenario modeling of plan designs, programs, and employee contributions to meet employers' financial targets.
  • Develop basic underwriting and actuarial skills while building awareness of health care plan design, cost factors, and industry products, services, and tools.
  • Work in a fast-paced consulting environment with colleagues across organizational levels.
Desired Qualifications
  • Strong analytical skills, including quantitative and qualitative analysis.
  • Working knowledge of Microsoft Office, including Word, Excel, and PowerPoint.
  • Advanced programming skills such as R, Python, SAS, and SQL.
  • Knowledge of data analysis, project management, and presentation design.
  • Strong interpersonal, verbal, and written communication skills.
  • Intellectual curiosity and willingness to develop new skills.
  • Strong organizational skills and attention to detail.

About the company

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

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Simplify Jobs

Simplify's Take

What believers are saying

  • Q1 2026 revenue reached $7.6 billion, up 8%, with 4% underlying growth.
  • Marsh launched Risk Companion on April 28, 2026, adding board-ready analytics and automation.
  • Marsh Nexus Captive Solution launched June 16, 2026, targeting multinational captive demand.

What critics are saying

  • Greensill litigation cost Marsh $425 million in Q1 2026, and related cases continue.
  • Insurance and reinsurance pricing pressure hit Guy Carpenter in Q1 2026, slowing growth.
  • AI brokers like Risk Companion invite commoditization; client self-service erodes pricing power by 2027.

What makes Marsh unique

  • Marsh combines global brokerage, captive advisory, and AI tools like Risk Companion.
  • Marsh Japan bought Mitsubishi Electric Insurance Service on November 4, 2025, deepening Japanese access.
  • Marsh spans risk, employee benefits, and consulting through Marsh, Mercer, Guy Carpenter.

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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

Associated Press
Sep 9th, 2026
Milken Institute report outlines five models to close $200B annual disaster resilience funding gap

The Milken Institute has released a report identifying financing pathways for climate resilience investment as global disaster losses exceed $200 billion annually over the past decade. Produced with Marsh, the report proposes five models to mobilise private capital for community resilience, including stakeholder-driven community plans, revolving loan funds, and resilience bonds. The research highlights a widening protection gap, with uninsured losses now representing over half of total disaster losses worldwide. Last year's LA Fires caused between $76 billion and $131 billion in economic losses, leaving seven in 10 survivors displaced over a year later. The report emphasises collaboration between public and private sectors, noting that early insurer engagement is essential. One model is already being considered for Altadena's rebuild following the fires.

Associated Press
Aug 31st, 2026
US employers plan 3.2% merit pay rises for 2027 amid economic uncertainty

US employers plan to maintain moderate salary increases in 2027, according to Marsh's Mercer QuickPulse survey of 1,001 organisations. Base salary merit increases are projected at 3.2%, with total salary increases at 3.5%, marking four consecutive years of similar rates. Economic uncertainty continues influencing compensation decisions, with 57% of employers expecting at least moderate impact. High Tech (3.8%), Banking (3.7%), and Energy (3.6%) lead in merit budgets, whilst Consumer Goods (2.9%) and Healthcare (3.0%) lag behind. Employers expect to promote 8.4% of their workforce in 2027, down from 8.6% in 2026. Off-cycle salary adjustments remain common, with 64% of organisations providing them. AI adoption in compensation planning is growing, with 70% of organisations reporting some automation, primarily for market pricing recommendations and benchmarking.

Yahoo Finance
Apr 17th, 2026
Marsh beats Q1 estimates with $7.6B revenue, $3.29 EPS as organic growth hits 5%

Marsh reported Q1 revenue of $7.6 billion, up 7.6% year-over-year, beating the consensus estimate of $7.38 billion by 2.88%. Earnings per share came in at $3.29, compared to $3.06 in the prior-year quarter, surpassing the consensus estimate of $3.21 by 2.46%. Key metrics showed mixed performance against analyst expectations. Consolidated organic revenue growth of 5% exceeded the 3.5% estimate, whilst consulting organic growth of 5% topped the 4.4% forecast. However, Guy Carpenter's organic growth of 2% fell short of the 4.2% estimate. Geographically, Marsh's EMEA division generated $1.21 billion in revenue, up 14.1% year-over-year and beating estimates. Mercer consulting revenue reached $1.66 billion, an 11% increase that surpassed the $1.58 billion consensus.

wallstreet:online 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

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