Skip to main content

Senior Actuary

Location: London, United Kingdom

Company: Marsh

Job ID R_038148-en

Marsh Risk Finance consists of a team of experienced Actuaries, Analysts, content specialists and sales professionals who develop actuarial and financial models to support clients’ decision making on insurance and financial risk issues.

Risk management has quickly shifted from limited data and an insurance focus to big data and holistic risk analysis. With this shift, the demand for analytics-based decision-making support tools continues to grow.

Risk Finance Optimisation (RFO) allows clients to design a risk financing programme that delivers a sustainable, lower cost of risk with least volatility. It combines the client’s risk appetite and risk tolerance with actuarial claims modelling and industry benchmarking to explore whether the client is buying the right level of insurance and whether it is within the risk appetite and risk profile of the organisation.

Position Overview

Reporting to the Head of Analytics, Risk Finance, you will be responsible for leading actuarial analysis for major corporate clients and internal stakeholders.  You will work with a diverse range of global clients, with complex insurance and risk financing needs, to support the creation and delivery of high quality analytic output.

This role is an integral part of enabling delivery of our strategy to drive growth through analytics and part of a global strategy to embed the Marsh Analytic Platform – ‘MAP’ into our value proposition.  Working in concert with the Sales and Content teams, the analysis created by you will support new and expanded revenue and client retention efforts.

Key Responsibilities

·         Lead the technical actuarial input into the risk finance process and other Marsh actuarial engagements

·         Identify opportunities to use actuarial science to add value to Marsh clients and the Marsh business

·         Provide technical support, training and leadership for junior members of the Analytics team

·         Ensure projects are delivered on-time and to the high standards required of Marsh

·         Work with Marsh Global Analytics to drive consistency and best practices

·         Maintain knowledge of the Marsh Global Analytics strategy and best practice and iMAP activity as part of a global team

·         Utilise your actuarial experience to build our actuarial infrastructure and create the differentiator

·         Line management responsibility for a team of 5

Skills & Experience

·         Qualified Actuary

·         Degree in Mathematics, Actuarial Science, Economics or other relevant field

·         Pricing and/or Solvency II experience, ideally from consultancy, broking or an insurer

·         London market knowledge

·         Ability to communicate technical information to a non technical audience


About Marsh

Marsh is a global leader in insurance broking and risk management. In more than 130 countries, our experts in every facet of risk and across industries help clients to anticipate, quantify, and more fully understand the range of risks they face. We work with clients of all sizes to define, design, and deliver innovative solutions to better quantify and manage risk. We offer risk management, risk consulting, insurance broking, alternative risk financing, and insurance program management services to businesses, government entities, organizations, and individuals around the world. To every client interaction we bring an unmatched combination of deep intellectual capital, industry-specific expertise, global experience, and collaboration. Since 1871, clients have relied on Marsh for trusted advice, to represent their interests in the marketplace, make sense of an increasingly complex world, and help turn risks into new opportunities for growth. Our more than 30,000 colleagues work on behalf of our clients, who are enterprises of all sizes in every industry, and include individuals, multinational organizations, and government entities worldwide. We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. Visit www.marsh.com for more information and follow us on LinkedIn and Twitter @MarshGlobal

Marsh and its separately incorporated operating entities around the world are part of Marsh & McLennan Companies, a publicly held company (ticker symbol: MMC).

Marsh & McLennan Companies offers competitive salaries and comprehensive benefits and programs including: pension, health and welfare, tuition assistance, employee assistance program, domestic partnership benefits, career mobility, employee network groups, volunteer opportunities, and other programs. For more information about our company, please visit us at: http://www.mmc.com/.We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. For more information, please visit us at: http://www.mmc.com/diversity.

Marsh & McLennan Companies and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.

Apply Later
  • Stay Connected

    Join our Talent Community and receive information on future opportunities.

    Sign Up

  • Saved Jobs

    You have not saved any jobs.

    See All Saved Jobs

  • Mercer Campus Careers

    Mercer offers many exciting and fruitful internship and entry-level positions.

    Learn more here

  • Leadership Recognition

    Dan Glaser, President and CEO, has been named to Institutional Investor magazine’s 2017 All-America Executive Team ranked as the #3 Overall CEO in the insurance industry, #3 with buy-side analysts and #2 with sell-side analysts.

  • Careers at Marsh & McLennan Companies