Manager II - Risk Analytics
$115.5k - $245.9kMarsh McLennan
Company:Marsh Description: Vice President, Actuarial & Risk Analytics
Marsh Risk Analytics Solutions is seeking a Vice President to lead technical peer review on actuarial analyses, manage analytical engagements, and translate complex modeling into clear guidance for clients. Your primary responsibility will be reviewing lead analysts’ work and overseeing the accuracy, quality, and timely delivery of client projects. You will also present findings to senior decision-makers, including CFOs, Treasurers, and other C-suite executives.
This opportunity is well suited to an experienced actuary, statistician, mathematician, or quantitative professional who enjoys evaluating complex analyses, developing colleagues, and connecting technical findings to business decisions. Actuarial credentials are highly valued but are not required.
We will count on you to:
Own technical peer review on actuarial analyses. Review lead analysts’ data, assumptions, methodologies, calculations, model outputs, and client deliverables. Identify errors, challenge unsupported assumptions, evaluate reasonableness, and ensure conclusions accurately reflect the analysis and its limitations.
Guide actuarial and statistical analysis. Oversee work involving Monte Carlo simulations, loss distributions, retained-loss volatility, and insurance program comparisons to help clients understand both expected outcomes and severe loss scenarios.
Manage engagements from planning through delivery. Establish scope, responsibilities, milestones, and deadlines; coordinate analysts and client engagement teams; and proactively resolve data gaps, technical questions, and delivery risks.
Support risk financing decisions. Lead the analytical delivery of Risk Finance Optimization and risk appetite engagements, helping clients evaluate deductibles, retentions, limits, premiums, and the financial trade-offs among insurance alternatives.
Present clear, decision-oriented findings. Explain results, uncertainty, and financial implications to risk managers, finance leaders, and executive audiences. Develop presentations that connect technical analysis to the decisions clients need to make.
Develop analysts through thoughtful review. Provide specific, constructive feedback that strengthens technical judgment, analytical accuracy, project ownership, and communication skills.
Improve how the team delivers work. Strengthen review standards, documentation, analytical tools, and workflows to improve consistency, efficiency, and quality.
Contribute to client relationships and growth. Partner with colleagues to understand client needs, shape appropriate analytical approaches, and explain our capabilities to existing and prospective clients.
What you need to have:
Six or more years of relevant technical experience in actuarial analysis, statistics, mathematical modeling, data science, risk analytics, or a related quantitative field.
A strong foundation in probability, statistics, and quantitative modeling, with the judgment to evaluate assumptions, assess results, and recognize model limitations.
Experience reviewing complex analytical work, identifying errors or inconsistencies, and providing actionable feedback.
Strong project management skills, including the ability to coordinate contributors, manage competing priorities, and deliver high-quality work against deadlines.
Clear written and verbal communication skills, with the ability to explain technical concepts and their business implications to nontechnical audiences.
A collaborative approach to problem-solving, accountability for work quality, and an interest in coaching and developing colleagues.
What makes you stand out:
Actuarial exam progress toward ACAS or FCAS, or an earned ACAS or FCAS designation. Other actuarial credentials, including ASA or FSA, are also valued.
Insurance experience, particularly in property and casualty, loss modeling, insurance program evaluation, or risk financing.
A consulting or advisory background, with experience managing client engagements and translating analysis into practical business guidance.
Experience with stochastic modeling, Monte Carlo simulation, predictive modeling, or retained-loss analysis.
Experience presenting analytical findings to senior executives and responding confidently to questions about assumptions, results, and uncertainty.
Why join our team?
We help you be your best through professional development opportunities, interesting work and supportive leaders. We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities. Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
We welcome applicants from actuarial, statistics, mathematics, and other quantitative backgrounds. If you meet the core requirements, we encourage you to apply even if you do not meet every preferred qualification.
Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting View email address on click.appcast.io is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.The applicable base salary range for this role is $115,500 to $245,900.The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. 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.
Vacancy posted 4 days ago
Similar jobs that could be interesting for youBased on the Manager II - Risk Analytics in Chicago, IL vacancy
- Wintrust Financial Corp. seeks a Portfolio Manager II to support the Franchise Finance Group by underwriting credit requests, analyzing... ...or accounting and 3+ years in Franchise Finance, with strong analytical skills and proficiency in Excel. #J-18808-Ljbffr Wintrust Financial...Suggested
- ...Apex is seeking a Temporary Supervisor to guide data platform and analytics initiatives within Risk Consulting for Financial Services and Global Banking. You will support data governance, rule management, and data quality across complex datasets, enabling regulatory reporting...SuggestedTemporary work
$100k - $160k
...Director, Forensic Data & Analytics Ankura is a team of excellence founded on innovation... ...and growth. Practice Overview: Ankura's Risk Advisory group, specifically the Forensic... .... You will oversee project workstreams, manage project teams, and act as a primary point...SuggestedVisa sponsorship$82.1k - $172.5k
...Portfolio Manager II Make banking a Fifth Third better We connect great people to great opportunities. Are you ready to take the next... ...ensure a comprehensive understanding of borrower performance and risk profile. The Portfolio Manager II partners closely with...Suggested- Merchants Capital Corporation in Chicago, IL seeks an Asset Manager to oversee a portfolio of multifamily loans, ensuring loan terms compliance... ...credit monitoring. You will perform financial analyses, monitor risk, approve extensions and modifications, and coordinate with...Suggested
- ...Investment Consultant II - Merrill Premium Chicago, Illinois... ...expectations include owning the management, research, and communication... ...demonstrate empathy Strong analytical and organizational skills Detail... ...Procedures, and Guidelines Risk Management Trading...Work at officeFlexible hoursShift workDay shift
- Northwestern University’s Kellogg School of Management seeks an Associate Director, Prospect Management and Analytics, to join the ARD data analytics team. You will deliver data, metrics, and recommendations to support major gifts and annual giving, and coordinate alumni...
$63k - $96k
...Summary Within the Asset and Liability Management Group in the Corporate Treasury... ...position will report to the Interest Rate Risk (IRR) Manager. The IRR team is responsible... ...or IRR ~ Strong financial modeling and analytical skills, with the ability to work with complex...Work at officeFlexible hours$99k - $176k
...What is the opportunity? RBC US Wealth Managing is building out our credit, lending and... ...management products and capabilities. As a Risk Advice Senior Manager, Business Risk... ...above market shareholder value Job Skills Analytical Thinking, Business, Commercial Acumen, Communication...Full timeFlexible hours$161.5k - $184.3k
...Senior Manager, Risk Management As a Senior Risk Manager in Capital One’s Global Payment Network Risk Operations you will apply your project management, analytical skills, and knowledge of anti-money laundering and sanctions to our highest profile Risk Management projects...Full timePart timeLocal area- ...Job DescriptionManager Global Risk & Controls - Chicago, IL (On-site) Role OverviewThe Manager of Audit Readiness, Controls, and Policy Governance plays a critical... ...governance framework.Core CompetenciesExcellent analytical, writing, editing, and verbal communication...Hourly payWorldwideFlexible hours
$119.4k - $204.6k
...Consumer Credit Risk Strategy Leader In this hybrid role based at our Chicago headquarters... ...goals. Lead with a strategic insight, analytical expertise, and innovative thinking to... ...Minimum - 4 Year Bachelors Degree in Management, Business, Statistics or Related Minimum...Full timeTemporary workPart timeWork from home3 days per week$150k - $250k
...We are currently expanding our team at Swiss Re Solutions Risk Consulting & Analytics within the Swiss Re Group, and we are searching for a dedicated... ...team! About the role As a Senior Manager , you will be responsible for evolving and delivering on...Full timeTemporary workWork at officeRemote work$100k - $220k
.../2026Address:320 S Canal StreetJob Family Group:Audit, Risk & ComplianceThis Senior Manager, Operational Risk Officer role presents a unique opportunity... ...and reporting.Defines business requirements for analytics & reporting to ensure data insights inform business decision...Contract workPart timeLocal areaShift work$141.2k - $278.3k
Position Summary Technical Manager - AI & Data Risk Management - Financial Services Our Deloitte Regulatory, Risk & Forensic team helps... ...is a key hands-on leader of a team providing data and analytics solutions to our clients, and you will have following roles...- ...Director Of Governance, Risk & Compliance (Grc) And Third-Party Risk Management (Tprm) Established in 2021, Independence... ...-wide audit strategy (SOC 2 Type II, ISO 27001, internal audits) Interface... ...domains. Strong strategic and analytical thinking with the ability to...Temporary workWork at officeFlexible hours
$101k - $203k
...motivated individual to lead teams of credit risk professionals in addressing our client’s... ...include: Lead and Inspire: Manage and mentor multidisciplinary teams, fostering... ...verbal/written communication, leadership and analytical skills Exemplary client service skills Demonstrated...Work experience placementInternshipWork at officeLocal area$175k - $225k
...Operational Risk Manager Chicago Founded 20 years ago and headquartered in Chicago, the DV Group of financial services firms has... ...testing Operational/trading incident management Strong analytical and problem-solving skills Strong verbal and written communication...WorldwideFlexible hours$160k - $170k
...programme, project, cost, asset and commercial management, controls and performance, procurement... ...Turner & Townsend is looking for a Risk Manager to join our growing team. The ideal... ...and techniques. Strong communication, analytical and negotiation skills. In-depth...Contract workFor contractorsImmediate startFlexible hours$170k - $350k
DescriptionThe Director, Investor Relations & Competitive Intelligence is a senior leader responsible for managing a world-class analytical framework encompassing macroeconomic, equity market and peer financial data that informs management’s view of how the investment community...Full timeWork at officeRemote workWork from homeFlexible hours$70k - $75k
...Risk Manager will ensure that Haymarket Center identifies and mitigates clinical and operational risks that might jeopardize its mission... ...skills; Relates well with others; Good writing & analytical skills; Knowledge of computers; Demonstrate ability...Work experience placement- ...SummaryWorking under the authority of a Principal, the Senior Manager, Risk Advisory Services is responsible for managing and delivering... ...respect to the topics of governance, risk and control.Superior analytical and diagnostic skills and ability to break down complex...Contract workWork at office
$70k - $108k
...digital banking solutions through a combination of technology, analytics and superior customer service. Since 2012, Avant has... ...of equity capital. Visit for more information. A Business Risk Management Associate at Avant is responsible for supporting the Corrective...Work experience placementSummer workWork at officeFlexible hours- Oliver Wyman's Health Practice seeks a Manager to collaborate with industry leaders on diverse client projects across insurers, healthcare... .... You will contribute to valuation, capital management, and risk initiatives while building client relationships. The role emphasizes...
$43.68k - $69.9k
...intended to become a Retail Personal Banker II after completing a 4-8 week on-boarding... ...activity. Responsible and accountable for risk by openly exchanging ideas and opinions,... ...results by consistently identifying, assessing, managing, monitoring, and reporting risks of all...Work experience placementWork at office$127.2k - $246.9k
...future as we are, join our team.KPMG is currently seeking a Manager, Security Governance, Risk and Compliance to join our Enterprise Security Services... ...verbal/written communication, problem solving, analytical and independent judgment skills to support an environment...H1bLocal area$164.8k - $188.1k
...Overview Data Analyst Manager - Model Risk Office At Capital One, data is at the center of everything we do. When we launched as a... ...metrics Drive current and future strategy by leveraging your analytical skills Assist with building and using models to test...Full timePart timeWork experience placementWork at officeLocal area$145.57k - $189.24k
...Director Of Risk Management The Inland Real Estate Group of Companies, a diversified real estate, investment, and financial services... ...and Outlook Experience with RMIS and TPA systems Strong analytical, financial, and problem-solving skills Excellent written...Full timeTemporary work$28k
...Director Of Risk Management Are you an experienced construction risk leader who understands how insurance, claims, contractual risk... ...a general-contractor or design-build environment ~ Strong analytical and financial-modeling skills, including total cost of risk...Contract workFor contractorsFor subcontractorLocal area- ...forecasting, profitability analysis, process improvement and data analytics. We have offices across the country, with our headquarters... ...trajectory. Our unique approach to practice and client management offers opportunities for autonomy and predictability in schedule...Permanent employmentFull timePrivate practiceRemote workWeekend workAfternoon shift
Do you want to receive more vacancies?
Subscribe and receive similar vacancies to Manager II - Risk Analytics. Be the first to apply!
Related searches
- enterprise risk manager Chicago, IL
- head of risk management Chicago, IL
- director credit risk Chicago, IL
- risk management associate Chicago, IL
- director of risk management Chicago, IL
- risk management specialist Chicago, IL
- senior risk manager Chicago, IL
- risk management manager Chicago, IL
- operational risk manager Chicago, IL
- at risk youth Chicago, IL


