Actuary - Risk Consulting & Analytics Solutions

Marsh Risk; Greater London; Hybrid; GBP 80,000 - 120,000; Full time

Job summary

Marsh Risk in London seeks a driven Actuary to join the Risk Consulting & Analytics Solutions team, delivering analytics and consulting to Marsh’s global client base. You will work on model development, risk management, and advisory projects with a focus on commercial insurance solutions.

The role requires 4+ years in analytics/actuarial fields, solid Excel skills, and proficiency in Python or R. Collaboration across global teams and clear client communication are essential.

Qualifications

• Strong analytics or actuarial background, ideally in risk management or commercial insurance.
• 4+ years of relevant experience in model development, risk management, or advisory/consulting.
• Solid proficiency in MS Excel and at least one programming language.
• Strong presentation skills and hands-on experience delivering consulting projects.
• Solid working knowledge of commercial specialty insurance programs.

Responsibilities

• Support Marsh Specialty UK&I in deploying analytics platforms across aviation, construction, credit specialties, energy & power, FINPRO, Marine and PEMA.
• Drive engagement with Marsh Risk Consulting analytics offerings across Marsh Specialty UK&I clients.
• Lead and support the delivery of analytics projects with strong client outcomes and high-quality deliverables.
• Support UK&I sales and client service across brokerage and consulting through clear results presentation and actionable recommendations.
• Collaborate with Marsh global teams to share best practices and embed them across the business.

Skills

Programming language (Python or R)

MS Excel

Analytics background

Presentation skills

Education

Statistics/Mathematics/Engineering degree

Tools

MS Excel

Job description

We are seeking a driven and technically strong Actuary to join our Risk Consulting & Analytics Solutions team. This is an exciting opportunity to work at the forefront of analytics and consulting, helping deliver innovative solutions to a diverse client base across Marsh. You’ll bring analytical expertise, commercial insight, and a collaborative mindset to complex risk challenges, making a real impact within a global market-leading organisation.

What Can You Expect

• The chance to work with a diverse, global client base as part of the world’s largest insurance broker.
• A varied, high-impact role with intellectually stimulating work across pricing, digital tool development, and alternative risk modelling.
• A collaborative and experienced team, where your contribution will matter and your growth will be supported.
• Clear opportunities to build your career within a leading global organization.
• The opportunity to make a real difference every day, helping shape the future of analytics in Marsh Specialty.

We will count on you to:

• Support Marsh Specialty UK&I in deploying analytics platforms across key divisions including Aviation, Construction, Credit Specialties, Energy & Power, FINPRO, Marine, and PEMA, working closely with business leaders and Risk Consulting & Analytics Solutions colleagues on model development.
• Drive engagement with Marsh Risk Consulting analytics offerings across Marsh Specialty UK&I clients.
• Lead and support the delivery of analytics projects, ensuring strong client outcomes and high-quality deliverables.
• Support UK&I sales and client service across both brokerage and consulting through clear results presentation, strong methodology explanation, and practical, actionable recommendations.
• Collaborate with Marsh global teams to share best practices and help embed them across the business.

What you need to have:

• A strong analytics or actuarial background, ideally within risk management or commercial insurance.
• 4+ years of relevant experience in areas such as model development, risk management, retail insurance, actuarial practice, and/or advisory or consulting.
• Solid proficiency in MS Excel and at least one programming language.
• Strong presentation skills and hands-on experience delivering consulting projects.
• A solid working knowledge of commercial specialty insurance programs.

What makes you stand out:

• Proficiency in Python or R.
• A degree in statistics, mathematics, or engineering.
• Experience in stochastic modelling.
• Familiarity with catastrophe modelling.
• An understanding of Solvency II or capital modelling frameworks.
• Experience in Lloyd’s or the London Market.
• A background in client-facing project delivery within an advisory or consulting environment.

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 (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 embracing a diverse, inclusive and flexible work environment.

We aim to attract and retain the best people and embrace diversity of 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.