Associate I - Catastrophe Risk Management

Marsh; Edina (MN); Hybrid; USD 80,000 - 146,000; Full time

Job summary

Marsh is seeking a catastrophe risk analyst to manage quantitative analyses with guidance from senior team members. You will work on basic to moderately complex projects, leveraging catastrophe risk models to estimate client risk exposure and loss potential.

You will gather and validate client exposure data, prepare summaries and reports, and communicate with clients on routine projects. The role includes researching industry publications to support analyses and enrich client reports.

Qualifications

• Proficient in performing quantitative analyses for risk assessment.
• Ability to use catastrophe risk models to calculate client risk exposure.
• Gathers and reviews raw exposure data for accuracy and validity.
• Prepares summaries, presentations and client reports with guidance from senior team.

Responsibilities

• Manage basic-to-moderately complex quantitative analysis projects.
• Perform analyses using existing catastrophe risk models and evaluate data sets.
• Summarize risks and loss results for client reports.
• Communicate with clients on routine projects with oversight from senior staff.
• Research industry publications on perils to support analyses and reports.

Skills

Quantitative analysis

Risk exposure assessment

Catastrophe risk models

Data interpretation

Client communication

Industry research

Job description

Company:

Guy Carpenter

Description:

What to expect:

• Manages basic-to-moderately complex quantitative analysis projects with input from senior project team members in order to calculate risk exposure and potential loss that may occur due to natural and man-made catastrophes.
• Performs basic-to-moderately complex analyses using existing catastrophe risk models and evaluates the resulting data sets in order to calculate the client’s risk exposure.
• Gathers, organizes and reviews raw exposure data from the client for accuracy and validity, and to identify abnormalities (such as negative premiums, abnormal construction types, or deductible overages).
• Prepares summaries, presentations and reports for basic or moderately complex client projects, with guidance from senior project team members, in order to summarize potential risks and loss results for the client.
• Communicates with clients on basic/routine projects with oversight from senior project team members to address client concerns and questions during the project.
• Researches and summarizes industry publications and scientific papers of specific or regional perils in order to provide additional sources of information used for analyses and client reports and to build personal knowledge of perils.

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, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting [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.

The applicable base salary range for this role is $79,500 to $145,800.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.