Commercial Business Analyst

Commercial Business Analyst

Full-Time 36000 - 60000 ÂŁ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Join a skilled team delivering analytical insights for major reinsurance clients.
  • Company: Guy Carpenter, a leading global risk advisory and reinsurance specialist.
  • Benefits: Professional development, hybrid work, and a vibrant, inclusive culture.
  • Why this job: Make an impact with data-driven solutions in a collaborative environment.
  • Qualifications: Strong analytical skills in Python, SQL, and Power BI; excellent communication.
  • Other info: Opportunities for career growth and working with top industry specialists.

The predicted salary is between 36000 - 60000 ÂŁ per year.

Are you interested in working within a highly skilled team that specialises in delivering analytical insights and data‑driven solutions for major reinsurance clients? Do you have a technical acumen and excellent organisational skills? If so, we are currently looking to expand our team and are interested in speaking with top talent. We are seeking a talented individual to join our Analytics team at Guy Carpenter. This role will be based in London office. This is a hybrid role that requires working at least three days a week in the office.

This role is responsible for supporting client advisory by preparing and structuring Excess of Loss property retro layers, calculating pricing metrics, and presenting data insights to brokers and clients. It involves managing the renewal cycle for major client accounts, including handling large retrocession accounts and participating in RFP presentations and strategy sessions. The role also focuses on developing data tools and analytical solutions using Excel, Python, SQL, and Power BI, collaborating with data engineering teams to enhance reporting capabilities.

We will rely on you for:

  • Client Advisory Support: Prepare and structure Excess of Loss property retro layers using in‑house systems. Calculate pricing metrics and produce analytical outputs for renewals. Present data insights to brokers and clients in meetings.
  • Renewal Cycle Management: Support 8–9 major client accounts during peak periods (e.g., 1/1 renewals). Work on large retrocession accounts valued between $1 million and $5 million. Participate in RFP presentations and client strategy sessions.
  • Data & Tool Development: Design and build self‑service analytical tools for benchmarking and insights. Utilise Excel, Python, SQL, and Power BI to create dashboards and reporting solutions. Collaborate with data engineering colleagues to deliver robust solutions.
  • Market Reporting: Coordinate production of bi‑annual market reports, ensuring data accuracy and validation. Manage input from junior team members and oversee quality control.

What you need to have:

  • Strong analytical and programming skills (Python, SQL, Power BI).
  • Ability to translate complex data into clear, actionable insights.
  • Excellent communication skills for client‑facing presentations.
  • Self‑starter with an entrepreneurial mindset; comfortable in an unstructured environment.
  • Background in Mathematics, Computer Science, or similar quantitative discipline.
  • Insurance/reinsurance experience is beneficial but not essential.

What makes you stand out:

  • Previous Insurance/reinsurance experience.

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.

At Guy Carpenter, you can be your best. We work on challenges that matter with colleagues who help bring out our best. Our uniquely collaborative environment will empower you to focus on your personal and professional success, learning from top specialists in the (re)insurance industry and leading you towards a rewarding and impactful career.

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.

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, 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@mmc.com.

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.

Commercial Business Analyst employer: Marsh & McLennan Companies, Inc.

At Guy Carpenter, we pride ourselves on being an exceptional employer, offering a vibrant and inclusive culture that fosters professional development and collaboration. Our London office provides a dynamic environment where talented individuals can thrive, working on meaningful projects that impact clients and communities while enjoying the benefits of a hybrid work model. With access to top specialists in the reinsurance industry and a commitment to employee well-being, we empower our team members to achieve their personal and professional goals.
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Contact Detail:

Marsh & McLennan Companies, Inc. Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Commercial Business Analyst

✨Tip Number 1

Network like a pro! Reach out to people in the industry, especially those at Guy Carpenter. A friendly chat can open doors and give you insights that a job description just can't.

✨Tip Number 2

Prepare for interviews by practising your data presentation skills. You’ll need to showcase your analytical insights clearly, so get comfortable explaining complex data in simple terms.

✨Tip Number 3

Show off your tech skills! Be ready to discuss how you've used Excel, Python, SQL, or Power BI in past projects. Real examples will make you stand out as a candidate who can hit the ground running.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team.

We think you need these skills to ace Commercial Business Analyst

Analytical Skills
Technical Acumen
Organisational Skills
Excel
Python
SQL
Power BI
Data Presentation
Client Advisory
Renewal Cycle Management
Data Tool Development
Market Reporting
Communication Skills
Self-Starter
Entrepreneurial Mindset
Mathematics Background

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Commercial Business Analyst role. Highlight your analytical skills, programming experience, and any relevant projects that showcase your ability to present data insights clearly.

Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for our team. Share specific examples of how you've used Excel, Python, or SQL in past roles, and express your enthusiasm for working in a collaborative environment.

Showcase Your Communication Skills: Since this role involves client-facing presentations, it's crucial to demonstrate your communication skills. Use clear and concise language in your application, and consider including a brief example of a successful presentation or report you've delivered.

Apply Through Our Website: We encourage you to apply directly through our website. This ensures your application gets to the right people quickly and allows us to keep track of all applicants efficiently. Plus, it shows you're serious about joining our team!

How to prepare for a job interview at Marsh & McLennan Companies, Inc.

✨Know Your Numbers

As a Commercial Business Analyst, you'll be dealing with data and pricing metrics. Brush up on your analytical skills and be ready to discuss how you would approach calculating pricing metrics or structuring Excess of Loss property retro layers. Use specific examples from your past experiences to demonstrate your technical acumen.

✨Master the Tools

Familiarise yourself with Excel, Python, SQL, and Power BI before the interview. Be prepared to talk about how you've used these tools in previous roles to develop analytical solutions or dashboards. If possible, bring along examples of your work to showcase your skills.

✨Communicate Clearly

Since this role involves presenting data insights to clients and brokers, practice explaining complex data in simple terms. Think about how you can convey your findings effectively during client meetings. Role-playing with a friend can help you refine your communication style.

✨Show Your Enthusiasm for Collaboration

Guy Carpenter values a collaborative environment, so express your eagerness to work with others. Share examples of how you've successfully collaborated with teams in the past, especially in unstructured environments. Highlight your self-starter attitude and how it complements teamwork.

Commercial Business Analyst
Marsh & McLennan Companies, Inc.
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