Hybrid Actuarial Specialist - Claims & Reserving

Marsh Agency; Chicago (IL); Hybrid; USD 122,000 - 260,000; Full time

Benefits offered by this job

Health benefits

Tuition assistance

401(k) retirement plans

Employee assistance programs

Job summary

Marsh is seeking an Actuarial Specialist in Claims Consulting to support advanced actuarial and reserving solutions for clients across diverse business needs. The role blends technical actuarial work with client service and project leadership to evaluate liabilities, develop reserving strategies, and inform business decisions.

Based in any US Marsh location, this hybrid role requires three days in the office and offers growth within the Claims Consulting Practice along with performance-based

Qualifications

• 5+ years of P&C actuarial experience with a strong reserving background.
• ACAS, FCAS preferred.
• Bachelor's degree in mathematics, statistics, economics, actuarial science, or a related field; other academic backgrounds may be considered with relevant experience.
• Strong attention to detail and analytical & problem-solving skills.
• Strong verbal and written communication skills and ability to work in a team.
• Proven ability to manage several projects simultaneously.
• Proficiency in Microsoft Excel and PowerPoint.

Responsibilities

• Analyze financial, statistical, and actuarial data to develop reserving, liability, and cash flow insights that support client and business decision-making.
• Perform actuarial calculations to implement or build complex, bespoke reserving models, and analytics-based tools.
• Build complex, bespoke reserving calculation models and other analytics-based tools.
• Maintain and develop efficiencies for existing actuarial reserving models.
• Investigate complex client issues, develop recommendations on outstanding liabilities, and clearly communicate findings through exhibits, reports, and presentations.
• Develop a strong understanding of clients’ businesses, exposures, and needs to provide informed, practical solutions.
• Support the management and execution of several, simultaneous projects, including coordinating workstreams, guiding team deliverables, and reviewing analysts’ work for technical accuracy and quality.
• Identify opportunities to support new and existing business, contribute to service offerings expansion, and help strengthen client relationships.
• Enhance tools, processes, and methodologies across the practice, including contributing to the use of more advanced reserving approaches.
• Contribute toward the development of administrative structural elements for a new team, such as creating training materials and developing standards of practice.

Skills

P&C actuarial

Reserving

Excel

PowerPoint

Attention to detail

Communication

Education

Bachelor's degree in math/stats/economics/actuarial science

Tools

Excel

PowerPoint

Python

R

SQL

VBA

Job description

Marsh is seeking an Actuarial Specialist in Claims Consulting to support advanced actuarial and reserving solutions for clients across diverse business needs. The role blends technical actuarial work with client service and project leadership to evaluate liabilities, develop reserving strategies, and inform business decisions.

Based in any US Marsh location, this hybrid role requires three days in the office and offers growth within the Claims Consulting Practice along with performance-based