
Actuarial Manager/Senior Manager – Domain Specialist
Marsh McLennan
full-time
Posted on:
Location Type: Hybrid
Location: New York City • Illinois • New York • United States
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Salary
💰 $125,000 - $200,000 per year
Job Level
About the role
- Provide technical leadership in your area of expertise as you support our practice’s business development and sales initiatives as well as client engagements.
- Validate, challenge and sign‑off model outputs and assumptions (deterministic and stochastic), ensuring appropriate documentation and audit trails for committee and regulatory review.
- Perform and oversee complex actuarial analyses, that meet actuarial standards of practice and prepare thorough actuarial documentation to support your work.
- Lead internal client projects, and review changes made by project teams to ensure our deliverables address business objectives.
- Communicate our actuarial findings and recommendations to key stakeholders, such as finance, risk and senior management.
- Work closely with our actuarial developers: translate actuarial judgement into precise model requirements, review developer changes, and verify implementations through independent testing and reconciliation.
- Prepare clear, executive‑level reports and present findings to senior stakeholders (Reserve Committees, CFO/Chief Actuary level), and mentor junior actuarial staff.
Requirements
- Fellowship in a recognized actuarial body (e.g., FCAS/FIA) or equivalent senior actuarial qualification
- Substantial hands‑on experience in reserving, pricing and/or capital/regulatory modelling within P&C insurance or reinsurance (multiple years’ operating independently on core actuarial processes)
- Strong technical skills with actuarial tools and languages (experience with Python, VBA, SQL, or R is advantageous)
- Demonstrated experience preparing actuarial reports or papers and interacting with senior stakeholders and auditors
- Proven ability to challenge model development teams constructively and to translate actuarial judgement into testable, auditable requirements
Benefits
- Competitive total rewards package
- Health and welfare benefits
- Tuition assistance
- 401K savings and other retirement programs
- Employee assistance programs
- Year-end bonuses based on personal and corporate performance
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
actuarial analysismodel validationdocumentationaudit trailsreservingpricingcapital modellingregulatory modellingactuarial reportingindependent testing
Soft Skills
technical leadershipcommunicationmentoringstakeholder engagementconstructive feedbackproject oversightbusiness developmentteam collaborationproblem-solvingcritical thinking
Certifications
Fellowship in a recognized actuarial bodyFCASFIA