Senior Specialist

4 weeks ago

Mumbai, India Marsh McLennan Full time

Marsh is a global leader in insurance broking and risk management


Marsh McLennan Global Services India Private Limited (MMGS) is seeking candidates for the following position based in the Mumbai, India office:


Senior Specialist – Analytics Solutions, Marsh Advisory


What can you expect?

  • The Senior Specialist will work within the Analytics Solutions team of Marsh Advisory, reporting to the Lead Specialist of the team.
  • Take on responsibility for delivering client specific analytics solutions under direct supervision in support of risk finance decisions with the goal of positioning Marsh ahead of its competitors in this area.
  • Perform and develop a wide variety of financial and statistical analysis to help Marsh’s clients quantify the risks they face and make decisions on how best to protect themselves against those risks.

What is in it for you?

A clear career path with a hybrid of technical track and management track to grow in the company.

In the technical track, the candidate will be developing sophisticated actuarial and analytics skill sets in assessing complex risk transfer solutions.

In the management track, the candidate will develop skills sets in business and sales strategy, communications with clients, leading and designing internal and external training and marketing campaigns.


We will count on you to:

  • Assist in the development of new, market-leading analytics-based tools to assess and mitigate risk under moderate supervision
  • Analyze complex models in order to assess risk and viability of risk mitigation solutions
  • Examine client issues further for concerns that may not be clear and identifies opportunities to offer solutions
  • Identify opportunities for new and existing business with small clients
  • Apply functional understanding of product and risk assessment and possible outcomes through scenario testing
  • Contribute to the delivery of analytics-based tools to help internal and external clients quantify and mitigate risks


What you need to have:

  • 2 to 4 years of experience in P&C Actuarial experience
  • A degree in Statistics/Mathematics/Actuarial/Computer Science/Engineering
  • Completed at least 2 Actuarial exams (according to new curriculum)
  • Preferable papers as per old curriculum (CT3, CT4, CT6)
  • Preferable papers as per new curriculum (CS1, CS2)
  • Detailed knowledge of actuarial pricing/reserving techniques
  • Detail orientation, communication and interpersonal skills
  • Excellent Microsoft Office skills, particularly in Excel (including VBA) and PowerPoint
  • Excellent programming language skills on Python or R with end to end designing and development experience
  • Excellent data visualization and report-making skills
  • Proficient in GLM and other machine-learning techniques such as regression & classification using decision trees, random forest, XGBoost, etc.
  • Superior analytical, mathematical and statistical modelling
  • Ability to develop strong client oriented solutions


What makes you stand out?

  • Strong communication skills with an ability to work in a team
  • A commercial sense to apply proportionality to the depth of analytics used versus desired output
  • P&C Actuarial experience with a Pricing/Reserving background
  • Ability to take initiatives to strive for improvement in analytics techniques, process and output
  • Knowledge of natural language processing or web scrapping techniques to extract data
  • Basic understanding on use of APIs through Python/R
  • Basic understanding on one popular python framework (like Django, Flask or Pyramid)


“We are Marsh”


Marsh is a global leader in insurance broking and risk management. We have more than 30,000 colleagues working together to serve our clients in more than 130 countries.


About Marsh:

We provide risk management, risk consulting, insurance broking, alternative risk financing and insurance program management services to businesses, government entities, organizations and individuals around the world.

Comprehensive global expertise – 26 industry practices and more than 30 risk and specialty practices.

We serve 80% of the Fortune Global 500 and 85% of the Fortune Global 100.

Our extensive global footprint spans approximately 500 offices worldwide.

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