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Risk Economics Associate I

Location: Toronto, Ontario, Canada

Company: Marsh

Job ID R_051180-en

Assists in the development of new, market-leading analytics-based tools to assess risk.

Performs basic quantitative modeling and statistical analysis in order to assess risk and viability of risk mitigation solutions

Provides research support to identify recommendations that minimize the cost of risk

Assists in matching analytical services to client's financial needs to forecast risk, losses, and financial impact

Applies basic understanding of product and risk assessment and possible outcomes by scenario testing

Supports team members in designing analytical models and processes to help internal and external clients quantify and mitigate risks

Requirements

  • 3-4 years experience as a Risk Analyst
  • Completed at least 5 actuarial exams
  • Bachelor of Mathematics - Actuarial Science
  • Commercial lines insurance experience is an asset
  • Experience with simulation based SW (At Risk, Metarisk, Crystal Ball). Excel, VB and Python programming exp
  • Strong English communication skills

In accordance with the Accessibility for Ontarians with Disabilities Act, 2005, Marsh will provide a reasonable accommodation to employees and prospective employees to the point of undue hardship upon request and as required in respect of the individual’s particular restrictions and limitations. If you require a specific accommodation because of a disability or a medical need, feel free to contact Claudia Walter at (514) 841 7880 or  Claudia.walter@mmc.com

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: health and welfare, tuition assistance, pension, 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: www.mmc.com/diversity.

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