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General Insurance Actuary - Risk Consulting & Analytics Solutions

Marsh McLennan (Marsh McLennan) · Insurance

Company:

Marsh

Description:

R_355193 - General Insurance Actuary - Risk Consulting & Analytics Solutions

 

We are seeking a driven and technically strong experienced Actuary to join our Risk Consulting & Analytics Solutions team in London. This is a hybrid role that has a requirement of working at least three days a week in the office. This is an exciting opportunity to work at the forefront of Marsh’s Analytics and Consulting department, helping deliver innovative solutions to diverse clients. You’ll bring analytical expertise, commercial insight, and a collaborative mindset to complex risk challenges, making a real impact within a global market-leading organisation.

 

This is a varied, high-impact role with intellectually stimulating work across pricing, digital tool development, and alternative risk modelling. This role carries the opportunity to make a real difference every day, helping shape the future of analytics in Marsh Specialty.

 

We will count on you to:

  • Work with a diverse, global client base as part of the world’s largest insurance broker in a collaborative and experienced team, where your contribution will matter and your growth will be supported.
  • Support Marsh Specialty UK&I in deploying analytics platforms across key divisions including Aviation, Construction, Credit Specialties, Energy & Power, FINPRO, Marine, and PEMA, working closely with business leaders and Risk Consulting & Analytics Solutions colleagues on model development.
  • Deliver actuarial analysis across a broad insurance portfolio across Marsh Specialty UK&I clients.
  • Partner closely with brokers, underwriters and stakeholders on account pricing, portfolio insights, and strategic growth opportunities.
  • Develop and enhance models to reflect evolving needs and market dynamics.
  • Lead and support the delivery of analytics projects, ensuring strong client outcomes and high-quality deliverables.
  • Support UK&I sales and client service across both brokerage and consulting through clear results presentation, strong methodology explanation, and practical, actionable recommendations.
  • Collaborate with Marsh global teams to share best practices and help embed them across the business.

What you need to have:

  • Good working knowledge and technical experience of one or more components of actuarial/insurance risk (including reserving, underwriting, pricing, capital modelling, reinsurance, exposure management, model risk), along with familiarity with relevant related enterprise, conduct and operational risk management in general / non-life insurance.
  • Part-qualified or qualified actuary.
  • Solid proficiency in MS Excel and at least one programming language.
  • Strong presentation skills and hands-on experience delivering consulting projects.

What makes you stand out:

  • A background in client-facing project delivery within an advisory or consulting environment.
  • A degree in statistics, mathematics, or engineering.
  • Experience in stochastic modelling.
  • Proficiency in Python or R.
  • Experience in Lloyd’s or the London Market.
  • Familiarity with catastrophe modelling.
  • An understanding of Solvency II or capital modelling frameworks.

Why join our team:

  • We help you be your best through professional development opportunities, interesting work and supportive leaders.
  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

Marsh 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, civil partnership status, 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. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at reasonableaccommodations@marsh.com.

Marsh 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 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.

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