At a Glance
- Tasks: Deliver actuarial insights and performance analysis for innovative insurance facilities.
- Company: Join Marsh Risk Consulting, a global leader in risk and insurance solutions.
- Benefits: Flexible hybrid work, professional development, and a vibrant, inclusive culture.
- Other info: Exciting career opportunities within a diverse and dynamic workplace.
- Why this job: Make an impact with your analytical skills in a supportive team environment.
- Qualifications: Experience in insurance portfolio analysis and strong communication skills.
The predicted salary is between 60000 - 80000 £ per year.
We are seeking a talented individual to join our Marsh Risk Consulting team at Marsh Risk. This role will be based in London and is a hybrid role that requires working at least three days a week in the office. The team will consider full-time or part-time applications. Marsh’s actuarial team specialises in delivering reserving, pricing and performance analysis to clients and insurance facilities across multiple classes of insurance and sectors. The individual will work within a team of over 20 colleagues and will report into the actuarial team leader.
Responsibilities:
- Be responsible for delivery of actuarial and portfolio performance insights for Marsh Fast Track, a first of its kind global facility, covering 15+ lines of business.
- Implement actuarial insights across Marsh’s additional insurance facilities.
- Review business plan models and forecasts, including retention and RARC metrics.
- Present the actuarial findings to the facility carriers and respond to questions they have on the historical and future performance of the facility.
- Present the actuarial findings to senior stakeholders within Marsh.
- Be responsible for delivery of pricing work to insurer clients.
- Support the Actuarial Fast Track Leader establish, review and deliver the strategy.
What you need to have:
- Insurance portfolio analysis experience.
- Experience analysing the performance of a wide range of insurance classes including specialty lines.
- Actuarial background, with 6+ years of experience, although being a qualified actuary is not essential.
- Strong communication skills and the ability to translate the actuarial insights to both actuarial and non-actuarial stakeholders.
What makes you stand out:
- Portfolio analysis responsibilities in house at an insurance company.
- Excellent communication skills.
- Lloyd’s business planning and PMDR reporting experience.
- Familiarity with Capital Allocation and Return on Equity modelling.
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.
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.
Portfolio Performance Actuary in London employer: Marsh Risk
Marsh Risk Consulting is an exceptional employer, offering a vibrant and inclusive work culture in the heart of London. With a strong focus on professional development and a commitment to employee well-being, we provide meaningful opportunities for growth within our actuarial team. Join us to collaborate with talented colleagues and make a significant impact across diverse insurance sectors while enjoying the flexibility of a hybrid work environment.
StudySmarter Expert Advice🤫
We think this is how you could land Portfolio Performance Actuary in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to portfolio performance and actuarial insights. We recommend doing mock interviews with friends or mentors to boost your confidence and refine your answers.
✨Tip Number 3
Showcase your skills through real-life examples. When discussing your experience, focus on specific projects where you delivered impactful actuarial insights or improved performance metrics. This will help you stand out as a candidate who can deliver results.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our company. So, go ahead and submit your application today!
We think you need these skills to ace Portfolio Performance Actuary in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Portfolio Performance Actuary role. Highlight your insurance portfolio analysis experience and any relevant actuarial background. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your experience aligns with our needs. Don’t forget to mention your strong communication skills – they’re key for this position!
Showcase Your Achievements:When detailing your past roles, focus on specific achievements that demonstrate your ability to deliver actuarial insights and performance analysis. We love seeing quantifiable results, so don’t hold back on the numbers!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details you need about the role and our team there!
How to prepare for a job interview at Marsh Risk
✨Know Your Numbers
As a Portfolio Performance Actuary, you'll need to be comfortable with data. Brush up on your actuarial insights and be ready to discuss specific examples of how you've analysed insurance portfolios. Prepare to explain your thought process behind key metrics like retention and RARC.
✨Communicate Clearly
Strong communication skills are essential for this role. Practice translating complex actuarial concepts into simple terms. You might be asked to present findings to both actuarial and non-actuarial stakeholders, so think about how you can make your insights accessible to everyone.
✨Research the Company
Familiarise yourself with Marsh Risk and its unique offerings, especially the Fast Track facility. Understanding their approach to portfolio performance and the types of clients they serve will help you tailor your responses and show genuine interest in the role.
✨Prepare Questions
Interviews are a two-way street. Prepare thoughtful questions about the team dynamics, the company's approach to professional development, and how they foster an inclusive culture. This shows you're not just interested in the job, but also in how you can contribute to and grow within the company.