Lead Specialist - Actuarial

Mumbai - Hiranandani, India

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Marsh McLennan

Marsh McLennan is the world’s leading professional services firm in risk, strategy and people. We bring together experts from across our four global businesses — Marsh, Guy Carpenter, Mercer and Oliver Wyman — to help make organizations more...

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Company:

Marsh

Description:

We will count on you to:

  • 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.

What you need to have: 

  • Bachelor’s or master’s degree in a technical discipline such as Actuarial Science, Data Science, Engineering, Physics, Mathematics or Statistics.
  • 2-4 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.

What makes you stand out:

  • 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.

Guy Carpenter, a business of Marsh McLennan (NYSE: MMC), is a leading global risk advisory and reinsurance specialist and broker. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit guycarp.com, or follow on LinkedIn and X.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

* Salary range is an estimate based on our AI, ML, Data Science Salary Index 💰

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Category: Leadership Jobs

Tags: Engineering Excel Mathematics Physics Power BI Python R Research SQL Statistics

Perks/benefits: Career development Flex hours Insurance

Regions: Remote/Anywhere Asia/Pacific
Country: India

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