Marsh & McLennan - Associate Director - Casualty Advisory - Risk Consulting Team

6 days ago

Mumbai, India MMC Full time

We are seeking a talented individual to join our Risk Consulting team at Marsh. This role will be based in Mumbai. This is a hybrid role that has a requirement of working at least three days a week in the office

We will count on you to:

- Build knowledge and understanding of the Casualty Advisory business, its offerings, and strategic priorities

- Assist in the development and execution of growth strategies for Casualty Advisory practice and its sub-practices

- Lead a team of analysts and managers to perform in-depth data analysis, identifying trends, emerging risks, and cost drivers within US casualty claims

- Leverage your advanced knowledge of industry trends around claims, insurance and risk management to develop actionable insights into a client's claims and risk management environment

- Spearhead critical projects pertaining to efficiency improvements in Casualty Advisory team

- Establish a framework for consistent reporting, leveraging KPIs and metrics to assess claims performance, loss trends, and operational efficiency

- Analyze claim outcomes and support the development of initiatives to enhance claim resolution processes, reduce litigation, and improve settlement efficiency

What you need to have:

- Strong Insurance domain knowledge with hands-on experience in managing claims related projects and strategic initiatives

- Strong knowledge of US casualty claims, including legal and regulatory frameworks, claims resolution strategies, and risk management practices

- Strategic Thinking: Ability to create long-term strategies and solutions that align with organizational goals

- Leadership: Experience in leading and motivating teams, fostering a culture of innovation and accountability

- Analytical Expertise: Advanced skills in quantitative and qualitative analysis with an ability to transform complex data into actionable insights

- Collaboration: Strong interpersonal and communication skills to work cross-functionally with various departments and stakeholders

- Change Management: Expertise in managing large-scale change initiatives within claims operations and analytics

- 10-12 years of experience in claims, insurance analytics, and casualty claims, with at least 5-6 years in a leadership or strategic role

- Must be comfortable with working on new age data management tools

What makes you stand out ?

- Strong academic rigor

- Strong leadership capability

- Mastery in Excel / PPT and knowledge of tools / language e.g. Power BI, Python

- Familiarity with core concepts within insurance domain pertaining to claims life cycle

- Strong persistence and follow-up skills

- Outstanding stakeholder management skills. Ability to influence people

- Ability to interact with all levels of internal and external business partners

- Knowledge and experience of resolving complex claims across a variety of relevant business lines

Why join our team:

- Your contributions will impact strategic decision-making and business performance.

- 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, a business of Marsh McLennan (NYSE: MMC), is the world's top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman . With annual revenue of $23 billion and more than 85,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com , or follow 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"

(ref:iimjobs.com)

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