Business Insurance Analytics Manager

Marsh McLennan Companies; Manchester; Hybrid; GBP 70,000 - 90,000; Full time

Job summary

A leading professional services firm located in Manchester is searching for a Business Insurance Analytics Manager to drive their analytics strategy and enhance client satisfaction. This role requires over 10 years of experience in property and casualty insurance analytics, with a strong focus on data analysis and team management. Candidates should possess a BS/BA in a related field, alongside excellent communication skills. The position offers extensive benefits, including tuition reimbursement and flexible work options.

Benefits

Generous time off

Tuition reimbursement

Remote work opportunities

Charitable contribution match programs

Stock purchase opportunities

Qualifications

• 10+ years of property & casualty insurance analytics experience.
• Experience in data analysis and statistical modeling.
• General understanding of numerous insurance risk transfer structures.

Responsibilities

• Support analytics strategy to enhance client retention and growth.
• Provide expert data analysis and present findings effectively.
• Manage a team of analysts and ensure timely production of reports.

Skills

Property & Casualty insurance analytics

Interpersonal skills

Communication skills

Education

BS / BA in insurance & risk management or related field

Tools

Microsoft Excel

Microsoft PowerPoint

Job description

Description :

Our not-so-secret sauce.

Award-winning, inclusive, Top Workplace culture doesn’t happen overnight. It’s a result of hard work by extraordinary people. The industry’s brightest talent drive our efforts to deliver purposeful work and meaningful impact every day. Learn more about what makes us different and how you can make your mark as a Business Insurance Analytics Manager at MMA.

Marsh McLennan Agency (MMA) provides business insurance, employee health & benefits, retirement, and private client insurance solutions to organizations and individuals seeking limitless possibilities. With offices across North America, we combine the personalized service model of a local consultant with the global resources of the world’s leading professional services firm, Marsh McLennan (NYSE : MMC).

A day in the life.

The Business Insurance (BI) Analytics Manager will support the National BI Analytics Leader in the execution of MMA’s analytics strategy to impact organizational efforts on increased client retention and growth. The BI Analytics Manager will be responsible for a small team of analysts and provide expert data analysis in supporting specific business goals and displays findings in simple, meaningful, and actionable formats consistent with the MMA brand. They will be involved in providing analytics advisory services to MMA’s colleagues and clients, the research of data and methods, and the development of new digital technologies. They will implement corresponding processes and deliverables and take responsibility and ownership for the accurate and timely production of reports and delivery.

ANALYTICS

Identifies trends in claims data through various analytical tools that can be improved through safety, claims management, risk transfer, or other risk management techniques

Supports and strengthens negotiations with insurance underwriters

Provides collateral support for clients

Quantifies future loss expectations leveraging actuarial methodologies and statistical modeling

Advises clients on insurance program options to select the optimal fit for their company based on benchmarking and loss modeling

Enables clients to adequately and accurately budget for loss sensitive program adjustments

Accompanies Producers, Account Executives and other team members as required to client meetings and presentations to explain analytical tools and results

Supports research and development of new tools and deliverables as directed

Partners with National Business Insurance teams on group initiatives

Displays measurable results that we have created for clients

EXECUTION OF CLIENT SERVICE

Works with Producer and / or Account Executives, service teams, and other internal departments to plan, execute, and track customized service strategy for each client, designed to create measurable value and efficiencies in their businesses

Addresses all RFPs, develops client presentations and formal proposals for related accounts in collaboration with account teams and risk practice colleagues

Takes an enterprise-wide approach to client service by collaborating with other service teams to create a cohesive client service experience.

Manages time effectively to prioritize workload, client service requests, and service parameters on business processes

THOUGHT LEADERSHIP

Operates as a technical expert in Analytics across the firm, providing analytical resources to account team staff and clients

Collaborates with other regional analytics resources on best practices

Assists in educational initiatives for account team staff to continue their development and keep current on analytical capabilities available

Mentors and trains junior analytics colleagues

Our future colleague.

We’d love to meet you if your professional track record includes these skills :

• BS / BA in insurance & risk management, actuarial science, business administration, accounting, finance, economics, mathematics, statistics.
• 10+ years of property & casualty insurance analytics experience
• General understanding of Property, Casualty, Cyber and Directors & Officers insurance risk transfer structures / deals
• Experience in interpreting actuarial methods and statistical modeling
• Proficiency in Microsoft Office Products, including Excel and PowerPoint
• Strong interpersonal and effective communication skills

These additional qualifications are a plus, but not required to apply :

• Property & Casualty underwriting experience with a focus on analytics
• Property & Casualty Actuarial experience

Property & Casualty brokerage experience

We know there are excellent candidates who might not check all of these boxes. Don’t be shy. If you’re close, we’d be very interested in meeting you.

Valuable benefits.

We value and respect the impact our colleagues make every day both inside and outside our organization. We’ve built a culture that promotes colleague well-being through robust benefit programs and resources, encourages professional and personal development, and celebrates opportunities to pursue the projects and causes that give colleagues fulfilment outside of work.

Some benefits included in this role are :

• Generous time off, including personal and volunteering
• Tuition reimbursement and professional development opportunities
• Remote Work
• Charitable contribution match programs
• Stock purchase opportunities