We are seeking a talented individual to join our Actuarial team at Marsh. This role will be based in Mumbai. This is a hybrid role that has a requirement of working at least three days a week in the office.

We will count on you to:
Collect, cleanse, and validate premium and claims data from clients and insurers to ensure accuracy and reliability.
Analyse up to 5+ years of workers compensation claims and premium history to identify trends and drivers.
Develop a deep understanding of various premium calculation methodologies and apply this knowledge to analyse and compare alternative risk models for clients.
Conduct financial analysis of alternative premium structures, including burning cost arrangements and self-insurance options.
Perform stress testing of multiple scenarios to evaluate potential financial outcomes and risks for clients.
Develop and maintain bespoke reserving models tailored to client needs.
Prepare explicit, insightful reports and presentations summarising analysis, findings, and recommendations for clients and internal stakeholders.




Collaborate closely with clients to understand their business, address queries, and provide actionable insights.
Lead projects to develop and enhance analytics tools, including those supporting IFRS 17 reporting.
Continuously improve processes and methodologies, incorporating advanced actuarial techniques and emerging analytics technologies.
Work collaboratively within the Alternative Risk Solutions and broader Workers Compensation teams to innovate and refine analytical approaches.
Help build best-in-class bespoke executive review reports for marquee clients, focusing on claim and premium performance analysis over a defined period, including identifying key drivers of premium and claim costs.

What you need to have:

Minimum 5 years of experience in P&C; actuarial roles, with a strong reserving background.
Degree in Statistics, Mathematics, Actuarial Science, Computer Science, Engineering, or related field.
Completion of

📌 Actuarial Analyst (Mumbai)
🏢 Marsh
📍 Mumbai