Risk Consultant - Strategy & Analytics
About the job
- A Master's degree in actuarial science, business mathematics, economics with a quantitative focus, data science, or a related field is required.
- Strong knowledge of statistical modeling and the implementation of actuarial methods is required.
- Knowledge of modern programming languages such as Python is required.
- Ability to address difficult and complex problems is required.
- Ability to develop customer-oriented solutions for internal and external clients and discuss them with clients to support decision-making is required.
- Strong attention to detail and excellent communication and interpersonal skills are required.
- Very good German and English language skills are required.
- Plan and implement client projects in risk financing and risk-bearing strategies using actuarial methods and tools.
- Advise clients on complex actuarial, empirical, and statistical analyses using analytical approaches and tools.
- Perform actuarial calculations, natural catastrophe modeling, and business interruption risk quantification, and deliver client presentations.
- Develop and use modeling approaches to implement new analytics-based tools for understanding and managing risks.
- Coach team members in delivering analytics-based tools and analyses and presenting results.
- Support and train colleagues in applying and interpreting analytical approaches to generate insights.
- Manage captives and provide actuarial support to captives.
- Represent and present on the specified subject areas at client events and conferences.
- Serve as an internal expert and advocate for data science and/or actuarial science within Marsh and MMC.
- Experience in insurance regulation is desirable.
- Actuarial certification, such as DAV or SOA, is desirable.
- Additional European languages are welcome.
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
Get referred to Marsh & McLennan
See people who can refer or advise you
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.
Help us improve and share your feedback! Did you find this helpful?