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

Marsh McLennan • Chicago, IL

20h • Hybrid

About The Position

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

Analytics Solutions is Marsh Risk’s specialized actuarial and predictive modeling team. It provides strategic advice and customized analyses to help clients understand, quantify, and manage complex risks. Interns gain exposure to product intelligence and design, project execution and delivery, analysis, research and data, and analytics sales and distribution. The program includes a cohort community, learning and development opportunities, mentorship, exposure to senior leaders, networking, and a capstone presentation to the team and senior leadership. High-performing students nearing graduation 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.
• Authorized to work in the U.S. permanently and on an ongoing basis without current or future sponsorship; applicants must be U.S. citizens or permanent residents holding a Green Card at the time of application.

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 knowledge of insurance and apply it to evaluating client risk and insurance options.
• Support analytical modeling and insurance analyses, and develop 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.
• Complete a summer capstone presentation applying and presenting work to the team and senior leadership.

Benefits

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

What This Job Offers

• Career Level: Intern