At a Glance
- Tasks: Join our team to tackle complex risk challenges with innovative analytics solutions.
- Company: Be part of Marsh, the world's largest insurance broker with a global reach.
- Benefits: Enjoy professional development, a vibrant culture, and flexible hybrid work options.
- Other info: Collaborative environment with clear career growth opportunities and a commitment to diversity.
- Why this job: Make a real impact in analytics while working with diverse clients and talented colleagues.
- Qualifications: Strong analytical background with 4+ years in risk management or commercial insurance.
The predicted salary is between 60000 - 75000 £ per year.
We are seeking a driven and technically strong Actuary to join our Risk Consulting & Analytics Solutions team. This is an exciting opportunity to work at the forefront of analytics and consulting, helping deliver innovative solutions to a diverse client base across Marsh. 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.
What can you expect:
- The chance to work with a diverse, global client base as part of the world’s largest insurance broker.
- A varied, high-impact role with intellectually stimulating work across pricing, digital tool development, and alternative risk modelling.
- A collaborative and experienced team, where your contribution will matter and your growth will be supported.
- Clear opportunities to build your career within a leading global organization.
- The opportunity to make a real difference every day, helping shape the future of analytics in Marsh Specialty.
We will count on you to:
- 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.
- Drive engagement with Marsh Risk Consulting analytics offerings across Marsh Specialty UK&I clients.
- 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:
- A strong analytics or actuarial background, ideally within risk management or commercial insurance.
- 4+ years of relevant experience in areas such as model development, risk management, retail insurance, actuarial practice, and/or advisory or consulting.
- Solid proficiency in MS Excel and at least one programming language.
- Strong presentation skills and hands-on experience delivering consulting projects.
- A solid working knowledge of commercial specialty insurance programs.
What makes you stand out:
- Proficiency in Python or R.
- A degree in statistics, mathematics, or engineering.
- Experience in stochastic modelling.
- Familiarity with catastrophe modelling.
- An understanding of Solvency II or capital modelling frameworks.
- Experience in Lloyd’s or the London Market.
- A background in client-facing project delivery within an advisory or consulting environment.
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 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.
Actuary - Risk Consulting & Analytics Solutions in London employer: Marsh McLennan
Marsh McLennan is an exceptional employer, offering a vibrant and inclusive work culture that fosters professional growth and development. As a Pensions Risk Transfer Consultant in Greater London, you will have the opportunity to make a meaningful impact on clients and communities while managing diverse portfolios and leading projects. With a commitment to employee well-being and continuous learning, Marsh McLennan stands out as a rewarding place to build your career.
StudySmarter Expert Advice🤫
We think this is how you could land Actuary - Risk Consulting & Analytics Solutions in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Marsh McLennan. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Actuary - Risk Consulting & Analytics Solutions in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Marsh McLennan.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Marsh McLennan's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Marsh McLennan
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Marsh McLennan.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Marsh McLennan will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Marsh McLennan employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
