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Specialist - Data Science

3 months ago

Mumbai, Maharashtra, India Marsh McLennan Full time
Marsh is hiring for below position for Mumbai Location.

Specialist - Data Science

What can you expect?

The MMC Cyber Risk Intelligence Center team offers to provide cyber modeling, thought leadership, and cyber analytics guidance across the MMC enterprise.

The Specialist would work closely with this group to:

Expand upon the company's existing cyber modelling capabilities to make an immediate impact on clients
Build cyber risk loss estimation models, tools and reports using proprietary internal data and data licensed from third parties
Build models for emerging aspects of cyber risk
Understand the different cyber analytics needs of corporations, insurance companies, and reinsurance companies, and develop analytic solutions for each.

What is in it for you?

Discover what's great about working at Marsh McLennan – from the opportunities that our size brings, to our commitment to our communities and understanding the benefits you'll receive.


We are four businesses with one purpose:
Helping companies meet the challenges of our time.

As a global leader in insurance broking and risk management, we are devoted to finding diverse individuals who are committed to the success of our clients and our organization.

Joining us will provide a solid foundation for you to accelerate your career in the risk and insurance industry.

You will join a team of talented professionals from across the globe which is dedicated to helping clients manage some of the world's most challenging and complex risks.

We can promise you extraordinary challenges, extraordinary colleagues, and the opportunity to make a difference.

Our rich history has created a client service culture that we believe is second to none. Our commitments to Diversity and Inclusion, Corporate Social Responsibility, and sustainability demonstrate our commitment to stand for what is right

As a Marsh McLennan colleague, you will also receive additional benefits such as:
A competitive salary
Employee friendly policies
Health care and insurance for you and your dependents
Healthy Work life balance
A great working environment
Flexible benefits packages to suit your needs and lifestyle
Future career opportunities across a global organization

We will count on you to:
Primarily work with the MMC Cyber Risk Intelligence Center team to maintain, expand and develop existing cyber model
The incumbent will work closely with teams across the globe to integrate regional-specific cyber developments into the models
Utilize statistical techniques such as regression, goodness-of-fit-tests, and nonparametric methods to model cyber risk
Effectively summarize and generate trends using internal and external dataset
Communicate solutions, parameters, assumptions, and inner workings to audiences who vary widely in their levels of technical fluency and seniority
Guidance to team members to meet various project related goals
Be client centric - To be self-motivated and effectively switch between projects to meet business priorities

What you need to have:
Masters or Bachelor degree in Data Science / Math / Economics / 4+ Actuarial papers or an equivalent degree from a reputed institute
1 – 3 years of experience building and maintaining loss models, using loss modeling tools, statistical models, and spreadsheet applications
Solid knowledge in Python and/or R programming
Applied mathematics/statistical skills, such as Bayesian modeling and regression modeling
Good understanding of Machine Learning algorithms.

What makes you stand out?
Strong academic rigor, and students passing with statistics and data science skills from reputed institution
Strong programming skills
Self-driven and intent to better the existing processes by challenging status quo
Exposure to working with Cyber Risk data (products)

Marsh is the world's leading insurance broker and risk adviser.

With more than 45,000 colleagues advising clients in over 130 countries, Marsh serves commercial and individual clients with data-driven risk solutions and advisory services.


Marsh is a business of Marsh McLennan (NYSE:
MMC), the world's leading professional services firm in the areas of risk, strategy and people.

With annual revenue of $23 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman.

For more information, visit , follow us on LinkedIn and X.

Marsh McLennan 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, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.


Marsh McLennan 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 McLennan 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.