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 supportive leaders.
- Why this job: Make a real impact in analytics while working with diverse clients every day.
- Qualifications: Strong analytical background with 4+ years in risk management or commercial insurance.
The predicted salary is between 55000 - 65000 £ per year.
Actuary - Risk Consulting & Analytics Solutions
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 Risk is a business of Marsh (NYSE: MRSH), 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 about Marsh Risk, visit marsh. com, or follow us on Linked In 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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Actuary - Risk Consulting & Analytics Solutions employer: NACBA
NACBA is an excellent employer that values its employees by offering a hybrid working arrangement, fostering a healthy work-life balance. With a strong focus on professional development, employees have ample opportunities for growth within the financial services sector, all while being part of a collaborative and supportive team in the vibrant city of London.
StudySmarter Expert Advice🤫
We think this is how you could land Actuary - Risk Consulting & Analytics Solutions
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like NACBA). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like NACBA. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Actuary - Risk Consulting & Analytics Solutions
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at NACBA.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at NACBA. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at NACBA
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at NACBA to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at NACBA, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding NACBA's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
