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Marsh & McLennan

Brokers insurance and runs risk and HR consulting

Data & Analytics Consulting Analyst

Full-TimeUpdated on 10/24/2026
No salary listed
Entry
Bachelor's, Master's, PhD
Düsseldorf, Germany+4 moreMore locations: Hamburg, Germany | Frankfurt, Germany | Berlin, Germany | Munich, Germany
HybridHybrid work at the listed offices; travel and on-site client work as required.
Consulting

About the job

Requirements
  • A Bachelor's, Master's, or PhD degree in a quantitative discipline, such as Data Science, Mathematics, Natural Sciences, Statistics, Computer Science, or Engineering, with a strong academic track record.
  • A data-driven mindset and proficiency with numbers, with the ability to explain sophisticated data science concepts clearly to clients and colleagues.
  • Proficiency in at least one programming language, either Python or R, and eagerness to expand knowledge of technologies and analytical methods.
  • Commitment to teamwork and resilience in a creative, dynamic, and changing environment.
  • Willingness to travel and work on-site with clients as required.
  • Business fluency in German and English.
Responsibilities
  • Structure client problems, identify decisions that analysis needs to support, assess available data, and select an appropriate analytical approach.
  • Conduct analyses, build and validate models or tools, and translate results into clear recommendations.
  • Take increasing ownership of analytical modules and engage directly with clients and senior colleagues as experience develops.
  • Share ideas, discuss results with colleagues and clients, and help translate analytical findings into meaningful recommendations and impact.
  • Contribute to building an AI toolkit to predict credit rating downgrades from news articles.
  • Model portfolio decarbonization strategies for European banks.
  • Optimize promotions for an Asian health and beauty chain using advanced analytics.
  • Validate a customer-facing generative AI chatbot for a bank.
  • Design credit risk models in Python for banks in Europe.
  • Identify supply chain risks using live data and artificial intelligence.
Desired Qualifications
  • Interest in or experience with financial services and risk management is a plus.

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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