Senior Actuarial Analyst - Mumbai - Marsh IMEA

    Marsh IMEA
    Marsh IMEA Mumbai

    3 days ago

    Description

    We are looking for a talented and dynamic individual to join our Actuarial Analytics team at Marsh Risk India, a Marsh business. This role is based in Mumbai. This is a hybrid role that has a requirement of working at least three days a week in the office

    We will count on you to:

    • Contribute to developing an inclusive work environment that respects and values differences of background, experience, and thought.
    • Organize client data, check data for reasonability, load data into predictive/ pricing models, run the models, share insights with senior colleagues, and compile coherent and compelling narratives to help clients understand their degree of risk.
    • Perform basic calculations with client data to assess a range of risk exposures and predict outcomes for clients in support of reinsurance transaction process.
    • Conduct research on industry/regulatory developments that affect loss liabilities to determine the impact on clients.
    • Generating multiple exhibits, dashboards and decks leading to have impactful and insightful discussions with clients on their reinsurance strategy & how they benchmarked against the industry
    • Establish and maintain strong relationships with brokers/clients/reinsurers/colleagues, assist in promptly responding to client queries and concerns.
    • Keep teams updated on industry-specific and specialty related trends that may affect reinsurance programs/calculations
    • Leverage our proprietary MetaRisk software suite and other internal tools to develop and optimize bespoke reinsurance transactions and evaluate their impact on our client's capital, growth, and volatility objectives.

    What you need to have:

    • Bachelor's or master's degree in a technical discipline such as Actuarial Science, Data Science, Engineering, Physics, Mathematics or Statistics.
    • 2-4 years of work experience; completion of at least 3 actuarial exams preferred.
    • Curious and proactive mindset: desire and ability to lead internal initiatives and research projects to completion.
    • A collaborative, team-oriented mindset and effective interpersonal skills that is a positive and helpful presence in colleague and client interactions.
    • Strong ability to be organized and detail oriented.
    • Capacity to progress multiple projects at the same time.
    • A desire and ability to grow beyond your current capabilities.
    • Superior communication and presentation skills.
    • Proficient in MS Excel with skills in other MS Office products.

    What makes you stand out:

    • Familiarity with programming languages & visualization tools (i.e., R, Python, SQL, Alteryx, Power BI)
    • Experience in a technical role at a reinsurance broker, market, or catastrophe model vendor
    • Prior experience in relevant re/insurance field. Understanding of the reinsurance industry and product lines

    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 $24 billion and more than 90,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Marsh Risk, visit , 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, caste, 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.

    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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