10/05/2022

Operational Actuary Reporter - Senior Specialist

  • Marsh and McLennan
  • Chicago, IL, United States

Job Description



Vice President – Reporting Specialist

What can you expect?

Leads the design and automation of financial and statistical insurance program reporting. Develop analytical/automated dashboards and complex insurance accounting reports for management and clients that allows performance to be measured over time across all contractual portfolio performance and servicing metrics.  Enhances data management capabilities through best in class integrity and validation practices, technology, and digital partnerships.  Understand client needs and contractual requirements in reporting and visualizing large amounts of information in ways that are easy to interpret and act on. 

What is in it for you?

  • Work in a dynamic and  energetic team environment
  • Fast pace, exciting and friendly culture
  • Competitive compensation and time off
  • Attractive flex benefits package (medical/dental/vision  insurance, life insurance, retirement plan)
  • Career development opportunities

In this role, you’ll be responsible for:

Organization Level Description

  • Seasoned professional individual contributor.
  • Excellent communication skills with colleagues, client stakeholders, regulators, and external vendors.
  • Tightly manages projects/processes.
  • Coaches and reviews the work of internal adjacent workstreams (i.e. accounting).
  • Problems faced are difficult and complex.
  • Influences others within and outside the job function regarding approach and procedures.
  • Fully remote position with intermittent (quarterly) travel opportunities.

Responsibility Statements

  • Excellent critical thinking and analytical skills, and innate curiosity
    • Articulate complex report requirements, and builds automated solutions to produce both individual line item details, and summarized executive level insights
    • Maintains current documentation of insurance regulatory requirements with respect to financial/statistical reporting, and continually makes progress in existing reports to meet upcoming standards
    • Advocates for large and/or complex data to become more accessible, understandable and usable
    • Directs the transformation, improvement, validation, merging and integration of data into strategic insights over insurance product structure/retentions
    • Identifies patterns and draws conclusions pertinent to insurance program goals, emerging from both traditional and unconventional datasets
    • Conducts detailed research and quantitative analyses using client or market data to promote underwriting excellence, automated and meaningful reporting, and digital optimization to ideally institutionalize accounts within the business
  • Communication skills, both written and oral
    • Clearly articulates the business use case and goal for reports, in addition to technical requirements and sample queries
    • Delivering the data in a useful and appealing way for multiple audiences (from executive level to front line processing teams)
    • Interacts and maintains ongoing communication at the appropriate levels within the team as well as with the stakeholders, and ensures everyone on the delivery team understands key deliverables and findings
  • Project and time management
    • Understands the impact of scope changes, adjusts plans and communicates accordingly
    • Negotiates resource requirements with responsible management when faced with conflicts in priorities
    • Undertakes regular work streams and meetings, documenting and following up on actions and risks identified from meetings
    • Explores and recommends solutions to the project requirements for obstacles where there is no identified precedent

We would like you to have: 

  • 4-6 years of work experience
  • Bachelor’s degree required; Technical degree within Mathematics (actuarial or applied statistics) and Information preferred
  • Insurance consulting or insurance background
  • Ability to influence cross-functional teams without formal authority
  • Experience in customer empathy, including design thinking, customer journey/persona development, and hypothesis-driven test and learn

We makes you stand out:

  • Knowledge and proven expertise of R, Python, or SQL
  • Accounting or Finance or Actuary experience

DIVERSITY MATTERS AT MARSH

At Marsh, we believe that diversity and inclusion are vital components of our future and our goal is to leverage the unique skillsets that each person brings to the company. We provide our colleagues with a supportive, collaborative environment that leads to innovative ideas and the ability to make an impact. We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. For more information, please visit us at: www.mmc.com/diversity

MARSH & MCLENNAN COMPANIES

Marsh and its separately incorporated operating entities around the world are part of Marsh & McLennan Companies, a publicly held company (ticker symbol: MMC). Marsh & McLennan Companies offers competitive salaries and comprehensive benefits and programs including: health and welfare, tuition assistance, 401K, employee assistance program, domestic partnership benefits, career mobility, employee network groups, volunteer opportunities, and other programs. For more information about our company, please visit us at: http://www.mmc.com/.

We are Marsh

A global leader in insurance broking and risk management. We enable clients to grow, innovate and create value by helping them understand and better manage the risks they face, and ensuring they have the resiliency to withstand the unexpected. Marsh partners with clients to turn uncertainty into opportunity. Marsh provides risk management, risk consulting, insurance broking, alternative risk financing and insurance program management services to businesses, government entities, organizations and individuals around the world. Our team approach draws on dozens of industry and risk specialties within Marsh to customize solutions for each client.


The applicable base salary range for this role is $79,650 to $169,920.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.


Apply Now