Actuarial Specialist - US Locations

Marsh McLennan•Nashville, TN

4d•$121,900 - $259,700•Hybrid

About The Position

The Actuarial Specialist will support Marsh’s Claims Consulting Practice by delivering actuarial and reserving solutions for clients. The role combines technical actuarial work, client service, and project leadership to help clients evaluate liabilities, develop reserving strategies, and make informed business decisions. The specialist will also help improve the practice’s tools, methodologies, and processes. The position may be based at any Marsh office in the United States and follows a hybrid arrangement, with at least three days per week in the local office or onsite with clients. The role supports several simultaneous client projects and contributes to the development of standards, training materials, and other administrative structures for a new team.

Requirements

At least 5 years of P&C actuarial experience with a strong reserving background.
Bachelor’s degree in mathematics, statistics, economics, actuarial science, or a related field; other academic backgrounds may be considered with relevant experience.
Strong attention to detail and analytical and problem-solving skills.
Strong verbal and written communication skills and ability to work in a team.
Proven ability to manage several projects simultaneously.
Proficiency in Microsoft Excel and PowerPoint.

Nice To Haves

ACAS or FCAS.
Experience with Python, R, VBA, or SQL.
Ability to take initiative to improve analytics techniques, processes, and outputs.
Statistics skills, including GLM, Bayesian probability, and machine-learning techniques such as decision trees or random forests.

Responsibilities

Analyze financial, statistical, and actuarial data to develop reserving, liability, and cash flow insights for client and business decision-making.
Perform actuarial calculations and build complex, bespoke reserving models and analytics-based tools.
Maintain existing actuarial reserving models and develop efficiencies for them.
Investigate complex client issues, develop recommendations on outstanding liabilities, and communicate findings through exhibits, reports, and presentations.
Develop an understanding of clients’ businesses, exposures, and needs to provide practical solutions.
Support the management and execution of multiple simultaneous projects, including coordinating workstreams, guiding team deliverables, and reviewing analysts’ work for technical accuracy and quality.
Identify opportunities to support new and existing business, expand service offerings, and strengthen client relationships.
Enhance practice tools, processes, and methodologies, including contributing to the use of more advanced reserving approaches.
Contribute to administrative structures for a new team, including training materials and standards of practice.