Actuarial Analyst

Marsh Agency; Greater London; Hybrid; GBP 60,000 - 90,000; Full time

Benefits offered by this job

Hybrid work arrangement

Actuarial study support

Job summary

Marsh is seeking a driven, technically strong Part or nearly Qualified Actuary for its Risk Consulting & Analytics Solutions team in London. The role balances model development, client advisory, and cross-functional collaboration at a leading global insurer broker.

The position is hybrid, requiring at least three days per week in the office. You will work with a diverse, global client base and contribute to pricing, risk modelling, and advisory services across Marsh Specialty UK&I.

Qualifications

• Actuarial background with risk/insurance focus.
• Knowledge of General Insurance concepts is essential.
• Several years of relevant experience in model development, risk management, or advisory/consulting.

Responsibilities

• Lead and support analytics project delivery with high-quality outputs.
• Support UK&I sales and client service through results presentation and actionable recommendations.
• Coordinate model development efforts with Marsh UK&I and Risk Consulting & Analytics Solutions teams.
• Drive engagement with Marsh analytics offerings for UK&I clients.
• Collaborate with global teams to share and embed best practices.

Skills

Actuarial background

General Insurance knowledge

Model development

Risk management

Programming language

MS Excel

Presentation skills

Education

Degree in statistics/ mathematics/ engineering

Tools

Python

R

Job description

We are looking for a driven and technically strong Part or nearly Qualified Actuary to join our Risk Consulting & Analytics Solutions team based in London.

Within this role you will work with a diverse, global client base across Marsh Specialty divisions, bringing analytical rigor and consulting expertise to complex insurance and risk challenges. This is a high-impact role that combines model development, client advisory, and cross-functional collaboration at one of the world's leading insurance brokers.

This is a hybrid role that has a requirement of working at least three days a week in the office.

We Will Rely On You To

• Lead and support the delivery of analytics projects, ensuring high-quality outputs and client satisfaction
• Support UK&I sales and client service — across both brokerage and consulting — through results presentation, methodology explanation, and actionable recommendations
• Support Marsh UK&I efforts coordinating with business leaders and Risk Consulting & Analytics Solutions colleagues on model development
• Drive engagement with Marsh Risk Consulting analytics offerings for Marsh Specialty UK&I clients
• Collaborate with Marsh global teams to share and embed best practices

What You Need To Have

• A strong analytics or actuarial background, preferable within risk management or commercial insurance
• A good working knowledge of General Insurance
• Several years of relevant experience across areas such as model development, risk management, retail insurance, actuarial practice, and/or advisory or consulting roles
• Solid proficiency in MS Excel and at least one programming language
• Strong presentation skills and hands-on consulting project experience

What Makes You Stand Out

• Proficiency in Python or R
• Degree in statistics, mathematics, or engineering
• Desire to complete IFOA Exams
• Familiarity with catastrophe modelling
• Understanding of Solvency II or capital modelling frameworks
• Lloyd's or London Market experience
• Client-facing project delivery in an advisory or consulting environment

Why Join Our Team

• The opportunity to work with a diverse, global client base as part of the world's largest insurance broker
• A varied and intellectually stimulating workload spanning pricing, digital tool development, and alternative risk modelling
• An experienced, collaborative team with genuine opportunities to mentor and develop others
• Competitive actuarial study support
• Clear pathways to grow your career within a leading global organisation
• The chance to make a tangible impact every day

#Hybrid

Marsh (NYSE: MRSH) is 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, visit marsh.com, or follow us on LinkedIn and X.

Marsh is committed to providing an inclusive work environment. We aim to attract and retain the best, most qualified people and value colleagues of all backgrounds, without regard to age background, civil partnership status, 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. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at [e-mail].

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.