Actuarial Consultant Job at Marsh McLennan, Colchester, VT

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  • Marsh McLennan
  • Colchester, VT

Job Description

Our captive actuarial practice is looking for an experienced P&C Actuary who will manage the timely and accurate delivery of various types of actuarial analyses to a large portfolio of captive and self-insured clients.

What can you expect?

  • Joining a team of Actuarial Consultants and Actuarial Analysts, specialized in the delivery of client engagements such as:
  • Evaluations of unpaid claims liabilities
  • Statements of Actuarial Opinion
  • Loss funding and payout projections
  • Ratemaking
  • Captive feasibility studies
  • Retention optimization
  • Risk transfer opinions
  • Premium allocations
  • Commutation valuations
  • Parent company self-retained liability analyses
  • M&A due diligence
  • Cost allocations
  • Capital analyses
  • Managing actuarial projects from start to finish, including ensuring quality and timeliness of client deliverables, developing budgets and billing reports, acting as senior client contact and preparing/delivering concise communications and results to client.
  • Acting as a mentor to junior actuarial staff and overseeing their basic actuarial work.

What makes this role exciting?

  • Working on a wide range of projects for clients across many industry sectors, addressing numerous P&C insurance coverages from traditional lines to unique captive offerings.
  • Communicating to technical and non-technical stakeholders.
  • Being part of a large captive management and consulting team creating analytical models and cutting-edge solutions to address the risks of our clients.
  • Being part of the world’s largest broking and risk management organization to service clients ranging from large multinational corporations to small businesses.
  • Working for a global company that embraces cultural diversity.

What you need to have:

  • BA/BS degree.
  • Actuarial credentials (ACAS or FCAS) required.
  • Qualification under US standards to sign P/C Statements of Actuarial Opinion
  • Five or more years of relevant actuarial experience, preferably in a consulting environment.
  • An expert level of understanding of property & casualty insurance products and actuarial skills.
  • Superior analytical and mathematical skills, strong command of Excel.
  • Outstanding interpersonal skills, strong oral and written communication skills.

What makes you stand out?

  • Demonstrated record of building trusted relationships with external and internal stakeholders.
  • Exceptional organizational and project management skills, with the ability to prioritize and handle multiple and complex tasks in a fast-paced work environment.
  • Strong critical thinking and analytical problem-solving skills with desire to develop.
  • Ability to manage, motivate, and mentor more junior level staff.
  • Property pricing experience.

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, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@mmc.com.

The applicable base salary range for this role is $127,700 to $271,900.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

Applications will be accepted until: July 1, 2026

R_338815

Job Tags

Minimum wage, Flexible hours

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