Actuarial Consultant

Actuarial Consultant Role

At Marsh & Mclennan Companies, we are seeking an experienced Actuarial Consultant to join our Property & Casualty Actuarial Consulting Practice. As an Actuarial Consultant, you will work as part of a team of professionals to analyze complex problems and develop workable solutions for self-insured clients. You will have interaction and visibility with our clients, which include large self-insured corporations, captive insurance companies, state regulators, and P&C insurance companies.

Key Responsibilities:

• Focus on loss reserving projects with additional engagements in pricing/ratemaking, predictive modeling, economic capital modeling, and loyalty rewards programs.
• Demonstrated ability to join existing projects, taking ownership of project tasks/responsibilities, and ensuring seamless client communication.
• Review and validate the work of analysts, ensuring technical accuracy and integrity on a wide variety of analyses, templates, and exhibits.
• Compile, verify and/or reasonability check client data.
• Apply complex actuarial theories and principles to create statistical models.
• Prepare and/or oversee production exhibits and written reports to present findings.
• Assist or lead in the preparation of proposals and presentations for prospects.
• Attend client meetings and marketing/sales presentations as required.

Requirements:

• Bachelor's and/or Master's degree in Actuarial Science, Mathematics, Statistics, Finance or a related field.
• Minimum of two actuarial exams passed; additional exam progress towards ACAS/FCAS is preferred.
• 4+ years of actuarial experience in the property and casualty industry, and with Property and Casualty clients such as large self-insured corporations, captives, (re)insurers, and state regulators.
• Previous consulting experience is a plus.

What We Offer:

• Exceptional organizational skills, with an ability to prioritize and handle multiple tasks in a fast-paced work environment.
• Excellent written and verbal communication skills, with the ability to build strong relationships with clients, colleagues, and industry stakeholders.
• Proven ability to foster a culture of inclusiveness, innovation, and continuous improvement within the practice and across the broader organization.
• Willingness to travel as needed to support client engagements and business development activities.
• Self-motivated and proactive, with a demonstrated ability to develop client-oriented solutions.
• Collaborative team player, capable of working effectively in a cross-functional environment.
• Strong command of Microsoft Office, Excel, Word, and PowerPoint.
• R, SAS, SQL, or VBA experience is a plus.

About Us:
Marsh & Mclennan Companies is a global professional services firm that helps clients navigate an increasingly complex and interconnected world. We provide risk, strategy, and human capital consulting to clients in more than 130 countries.

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