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Manager II Risk Analytics

Marsh McLennan


Job Location:

Chicago, IL - USA

Yearly Salary: USD 115500 - 245900
Posted: 29 September 2026 (Yesterday)
Application Deadline: 27 December 2026
Vacancies: 1 Vacancy

Job Summary

Company:
Marsh

Description:

Vice President Actuarial & Risk Analytics

Marsh Risk Analytics Solutions is seeking a Vice President to lead technical peer review on actuarial analyses manage analytical engagements and translate complex modeling into clear guidance for clients. Your primary responsibility will be reviewing lead analysts work and overseeing the accuracy quality and timely delivery of client projects. You will also present findings to senior decision-makers including CFOs Treasurers and other C-suite executives.

This opportunity is well suited to an experienced actuary statistician mathematician or quantitative professional who enjoys evaluating complex analyses developing colleagues and connecting technical findings to business decisions. Actuarial credentials are highly valued but are not required.

We will count on you to:

  • Own technical peer review on actuarial analyses. Review lead analysts data assumptions methodologies calculations model outputs and client deliverables. Identify errors challenge unsupported assumptions evaluate reasonableness and ensure conclusions accurately reflect the analysis and its limitations.
  • Guide actuarial and statistical analysis. Oversee work involving Monte Carlo simulations loss distributions retained-loss volatility and insurance program comparisons to help clients understand both expected outcomes and severe loss scenarios.
  • Manage engagements from planning through delivery. Establish scope responsibilities milestones and deadlines; coordinate analysts and client engagement teams; and proactively resolve data gaps technical questions and delivery risks.
  • Support risk financing decisions. Lead the analytical delivery of Risk Finance Optimization and risk appetite engagements helping clients evaluate deductibles retentions limits premiums and the financial trade-offs among insurance alternatives.
  • Present clear decision-oriented findings. Explain results uncertainty and financial implications to risk managers finance leaders and executive audiences. Develop presentations that connect technical analysis to the decisions clients need to make.
  • Develop analysts through thoughtful review. Provide specific constructive feedback that strengthens technical judgment analytical accuracy project ownership and communication skills.
  • Improve how the team delivers work. Strengthen review standards documentation analytical tools and workflows to improve consistency efficiency and quality.
  • Contribute to client relationships and growth. Partner with colleagues to understand client needs shape appropriate analytical approaches and explain our capabilities to existing and prospective clients.

What you need to have:

  • Six or more years of relevant technical experience in actuarial analysis statistics mathematical modeling data science risk analytics or a related quantitative field.
  • A strong foundation in probability statistics and quantitative modeling with the judgment to evaluate assumptions assess results and recognize model limitations.
  • Experience reviewing complex analytical work identifying errors or inconsistencies and providing actionable feedback.
  • Strong project management skills including the ability to coordinate contributors manage competing priorities and deliver high-quality work against deadlines.
  • Clear written and verbal communication skills with the ability to explain technical concepts and their business implications to nontechnical audiences.
  • A collaborative approach to problem-solving accountability for work quality and an interest in coaching and developing colleagues.

What makes you stand out:

  • Actuarial exam progress toward ACAS or FCAS or an earned ACAS or FCAS designation. Other actuarial credentials including ASA or FSA are also valued.
  • Insurance experience particularly in property and casualty loss modeling insurance program evaluation or risk financing.
  • A consulting or advisory background with experience managing client engagements and translating analysis into practical business guidance.
  • Experience with stochastic modeling Monte Carlo simulation predictive modeling or retained-loss analysis.
  • Experience presenting analytical findings to senior executives and responding confidently to questions about assumptions results and uncertainty.

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.

We welcome applicants from actuarial statistics mathematics and other quantitative backgrounds. If you meet the core requirements we encourage you to apply even if you do not meet every preferred qualification.

Marsh (NYSE: MRSH) is 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 95000 colleagues Marsh helps build the confidence to thrive through the power of perspective. For more information visit 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

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.

The applicable base salary range for this role is $115500 to $245900.

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 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.


Required Experience:

Manager