Marsh Risk Early Career Program, Summer Intern 2027 – Actuarial Analytics, NYC and Chicago

Marsh McLennan • Chicago, IL

2d • $30 • Hybrid

About The Position

Marsh is seeking interns for its 10-week Early Career Program in the Risk business, within the Analytics Solutions team. The internship is based in New York or Chicago, is hybrid with at least three days per week in the office, and is anticipated to begin in June 2027. Under close supervision, interns will research economic factors related to risk evaluation, participate in assessments of client risk and insurance programs, and support analytical tools that help clients assess and mitigate risk.

Analytics Solutions is Marsh Risk’s actuarial and predictive modeling team. It provides strategic advice and customized analyses to help clients understand, quantify, and manage complex risks. During the internship, participants will gain exposure to product intelligence and design, project execution and delivery, analysis, research and data, and analytics sales and distribution. The program includes learning and development opportunities, mentorship, exposure to senior leaders, networking, a cohort community, and a summer capstone presentation. High-performing students graduating during the specified period may be considered for a full-time opportunity after the internship.

Requirements

• Graduation date between Fall 2027 and Spring 2028.
• Currently pursuing a bachelor’s or master’s degree in Actuarial Science, Mathematics, Statistics, Data Science, or another STEM-related major.
• Foundational knowledge of Microsoft Excel, including organizing data, using basic formulas, and creating simple analyses.
• Strong analytical and interpersonal skills, with the ability to collaborate effectively across teams.
• Organized, detail-oriented, and able to manage multiple responsibilities effectively.
• Must be authorized to work permanently and on an ongoing basis in the U.S. without sponsorship now or in the future; applicants must be U.S. citizens or permanent resident Green Card holders at the time of application.
• Submit a resume and cover letter, each no more than two pages and in PDF format. The cover letter must answer the questions specified in the posting.

Nice To Haves

• Strong interest in risk management, insurance, data analysis, and actuarial techniques.
• Client-focused mindset and ability to build effective relationships with internal and external stakeholders.
• Comfort collaborating in team environments while taking ownership of individual responsibilities.
• Comfort working with quantitative information and applying mathematical or financial concepts to solve business problems.

Responsibilities

• Support the development of frequency and severity loss distributions using actuarial and analytical techniques.
• Build foundational insurance knowledge and apply it to evaluating client risk and insurance options.
• Support analytical modeling and insurance analyses, as well as the development of key performance indicators used to evaluate insurance strategies.
• Contribute to and present analytical findings to internal teams and clients.
• Contribute to industry-specific initiatives, model maintenance, and other team projects throughout the internship.
• Research economic factors related to the evaluation of risk and participate in evaluations of client risk and insurance programs.
• Support development of analytical tools that help clients assess and mitigate risk.

Benefits

• Mentorship and professional development support.
• Hybrid work environment with in-office collaboration and remote flexibility.
• Opportunities to participate in local office events and networking activities.
• Vibrant cohort community, learning and development opportunities, exposure to senior leaders, and a capstone presentation.
• Potential consideration for a full-time opportunity after the internship for high-performing graduating students.

What This Job Offers

• Career Level: Intern