Marsh McLennan
Actuary - Risk Consulting & Analytics Solutions

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Company: Marsh
Description:
Actuary - Risk Consulting & Analytics Solutions
We are seeking a driven and technically strong Actuary to join our Risk Consulting & Analytics Solutions team. This is an exciting opportunity to work at the forefront of analytics and consulting, helping deliver innovative solutions to a diverse client base across Marsh. You’ll bring analytical expertise, commercial insight, and a collaborative mindset to complex risk challenges, making a real impact within a global market-leading organisation.
What can you expect:
- The chance to work with a diverse, global client base as part of the world’s largest insurance broker.
- A varied, high-impact role with intellectually stimulating work across pricing, digital tool development, and alternative risk modelling.
- A collaborative and experienced team, where your contribution will matter and your growth will be supported.
- Clear opportunities to build your career within a leading global organization.
- The opportunity to make a real difference every day, helping shape the future of analytics in Marsh Specialty.
We will count on you to:
- Support Marsh Specialty UK&I in deploying analytics platforms across key divisions including Aviation, Construction, Credit Specialties, Energy & Power, FINPRO, Marine, and PEMA, working closely with business leaders and Risk Consulting & Analytics Solutions colleagues on model development.
- Drive engagement with Marsh Risk Consulting analytics offerings across Marsh Specialty UK&I clients.
- Lead and support the delivery of analytics projects, ensuring strong client outcomes and high-quality deliverables.
- Support UK&I sales and client service across both brokerage and consulting through clear results presentation, strong methodology explanation, and practical, actionable recommendations.
- Collaborate with Marsh global teams to share best practices and help embed them across the business.
Reasons to use Rodeo
I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?
Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.
Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.
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Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
Graduate Consultant — 2026 Scheme
Why you're a good match
StrongYour economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.
See breakdownIt searches the market for you
Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Why you're a good match
You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.
Experience fit
Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
What you need to have:
- A strong analytics or actuarial background, ideally within risk management or commercial insurance.
- 4+ years of relevant experience in areas such as model development, risk management, retail insurance, actuarial practice, and/or advisory or consulting.
- Solid proficiency in MS Excel and at least one programming language.
- Strong presentation skills and hands-on experience delivering consulting projects.
- A solid working knowledge of commercial specialty insurance programs.
What makes you stand out:
- Proficiency in Python or R.
- A degree in statistics, mathematics, or engineering.
- Experience in stochastic modelling.
- Familiarity with catastrophe modelling.
- An understanding of Solvency II or capital modelling frameworks.
- Experience in Lloyd’s or the London Market.
- A background in client-facing project delivery within an advisory or consulting environment.
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.


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For more information about Marsh Risk, visit marsh.com, or follow us on LinkedIn and X.
Diversity and Inclusion:
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@marsh.com.
Hybrid Work Commitment:
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.
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