Marsh McLennan

Portfolio Performance Actuary

London - Tower Place East Full time

Company:

Marsh Risk

Description:

R_346894 Portfolio Performance Actuary

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

Marsh’s actuarial team is recruiting an actuary with experience in portfolio performance analysis to apply to our industry leading insurance facilities. Marsh’s actuarial team specialises in delivering reserving, pricing and performance analysis to clients and insurance facilities across multiple classes of insurance and sectors. The individual will work within a team of over 20 colleagues and will report into the actuarial team leader.

We will count on you to:

  • Be responsible for delivery of actuarial and portfolio performance insights for Marsh Fast Track, a first of its kind global facility, covering 15+ lines of business
  • Implement actuarial insights across Marsh’s additional insurance facilities
  • Review business plan models and forecasts, including retention and RARC metrics
  • Present the actuarial findings to the facility carriers and respond to questions they have on the historical and future performance of the facility
  • Present the actuarial findings to senior stakeholders within Marsh
  • Be responsible for delivery of pricing work to insurer clients
  • Support the Actuarial Fast Track Leader establish, review and deliver the strategy

What you need to have: 

  • Insurance portfolio analysis experience
  • Experience analysing the performance of a wide range of insurance classes including specialty lines
  • Actuarial background, with 6+ years of experience, although being a qualified actuary is not essential
  • Strong communication skills and the ability to translate the actuarial insights to both actuarial and non-actuarial stakeholders

What makes you stand out?

  • Portfolio analysis responsibilities in house at an insurance company
  • Excellent communication skills
  • Lloyd’s business planning and PMDR reporting experience
  • Familiarity with Capital Allocation and Return on Equity modelling

Why join our team:

  • 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 Risk is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Marsh Risk, visit marsh.com, or follow us on LinkedIn and X.

Marsh 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, civil partnership status, 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. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at reasonableaccommodations@mmc.com.

Marsh 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 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.