Business Insurance Analytics Manager

Marsh & McLennan Companies; Oxford (MS); Remote; USD 101,000 - 190,000; Full time

Job summary

Join a forward-thinking company as a Business Insurance Analytics Manager, where you will lead a team to drive impactful analytics strategies. This role involves analyzing claims data, advising clients on insurance options, and collaborating with internal teams to enhance client service. With a focus on professional growth and a culture that values diversity, you will have the opportunity to make a significant impact in a dynamic environment. Enjoy generous benefits, including remote work options and professional development opportunities, while contributing to a mission of delivering meaningful results for clients.

Benefits

Generous time off

Tuition reimbursement

Professional development opportunities

Charitable contribution match programs

Stock purchase opportunities

Qualifications

• 10+ years of property & casualty insurance analytics experience.
• Experience in interpreting actuarial methods and statistical modeling.

Responsibilities

• Support the National BI Analytics Leader in executing MMA’s analytics strategy.
• Provide expert data analysis to support specific business goals.
• Mentor and train junior analytics colleagues.

Skills

Property & Casualty Insurance Analytics

Actuarial Methodologies

Statistical Modeling

Microsoft Office (Excel, PowerPoint)

Interpersonal Skills

Effective Communication

Education

BS/BA in Insurance & Risk Management

Actuarial Science

Business Administration

Accounting

Finance

Economics

Mathematics

Statistics

Job description

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.

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

Follow us on social media to meet our colleagues and see what makes us tick:

We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. We are always seeking those with ethics, talent, and ambition who are interested in joining our client-focused teams.

Marsh McLennan and its affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.

Company:

Marsh McLennan Agency

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

To learn more about a career at MMA, check us out our website or flip through recruiting brochure .

Follow us on social media to meet our colleagues and see what makes us tick:

• Instagram

• Facebook

• X

• LinkedIn

Who you are is who we are.

We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. We are always seeking those with ethics, talent, and ambition who are interested in joining our client-focused teams.

Marsh McLennan and its affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.

#LI-Remote

The applicable base salary range for this role is $101,900 to $189,800.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.Applications will be accepted until:May 12, 2025

About the company

Marsh & McLennan Companies, Inc. is a global professional services firm, headquartered in New York City with businesses in insurance brokerage, risk management, reinsurance services, talent management, investment advisory, and management consulting.