Actuarial Consultant

Marsh McLennan•Colchester, VT

2d•Hybrid

About The Position

Leads routine client engagements engagements with minimal direction or provides guidance and project management to junior project team members in running analysis associated with calculating risk, and determining ideal liability/claims reserve for a range of property and casualty risk exposures. Reviews the data analyses that are conducted by junior staff members to ensure actuarial soundness, correct use of models or products, and to assist in the development of junior staff members. Performs and reviews complex analyses and cost projections by using existing P&C risk and liability models in Excel, SAS, and other software, with potential specialization in certain areas of property and casualty insurance. Drafts client reports or presentations to summarize findings and implications, and to recommend a strategy or solution to the client with occasional input from senior project team members. Handles day-to-day client contact/management to resolve project-related questions and challenges, and may guide junior staff members in client interaction. Assists senior team members in the development of business by identifying potential areas of business growth in existing projects and by providing assistance in responding to requests for information/proposals. Participates in development of intellectual capital in order to further develop the company's offerings, as well as knowledge of P&C insurance actuarial services and products. 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 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, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@mmc.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.

Responsibilities

Leads routine client engagements engagements with minimal direction
Provides guidance and project management to junior project team members in running analysis associated with calculating risk, and determining ideal liability/claims reserve for a range of property and casualty risk exposures.
Reviews the data analyses that are conducted by junior staff members to ensure actuarial soundness, correct use of models or products, and to assist in the development of junior staff members.
Performs and reviews complex analyses and cost projections by using existing P&C risk and liability models in Excel, SAS, and other software, with potential specialization in certain areas of property and casualty insurance.
Drafts client reports or presentations to summarize findings and implications, and to recommend a strategy or solution to the client with occasional input from senior project team members.
Handles day-to-day client contact/management to resolve project-related questions and challenges, and may guide junior staff members in client interaction.
Assists senior team members in the development of business by identifying potential areas of business growth in existing projects and by providing assistance in responding to requests for information/proposals.
Participates in development of intellectual capital in order to further develop the company's offerings, as well as knowledge of P&C insurance actuarial services and products.