Actuarial Summer Intern - College Program 2027

Talented Individual Needed For Global Analytics Advisory TeamWe are seeking a talented individual to join our Global Analytics Advisory team at Marsh Re. This role will be based in Morristown, New York, Philadelphia, Edina, Seattle, or Atlanta. This is a hybrid role that has a requirement of working at least three days a week in the office.You will join a team of highly specialized professionals utilizing advanced quantitative skills and sophisticated modeling techniques to deliver critical insights to our clients. You will collaborate with top-tier experts to develop a comprehensive understanding of portfolio profitability, helping clients align their underwriting strategies with long-term business objectives. You will work on one or two targeted projects to advance internal initiatives, gaining industry-specific training in areas such as benchmark pricing of reinsurance contracts using actuarial methods. Additionally, you will be part of collaborative, cross-functional teams that provide strategic insights to some of the largest and most prominent insurance companies worldwide.At Marsh Re, you can be your best. We work on challenges that matter with colleagues who help bring out our best. Our uniquely collaborative environment will empower you to focus on your personal and professional success, learning from top specialists in the (re)insurance industry and leading you towards a rewarding and impactful career.We will count on you to:Contribute to developing an inclusive work environment that respects and values differences of background, experience, and thoughtOrganize and analyze client data, check data for reasonability, perform calculations utilizing actuarial methodologies, share insights with senior colleagues, and compile a coherent and compelling story to help clients understand their degree of riskPerform basic calculations with client data to assess a range of risk exposures and predict outcomes for clients in support of the reinsurance transaction processAssist team members with the preparation of proposal presentations for existing and prospective clientsResearch industry-specific and specialty related trends that may affect reinsurance programs/calculationsLeverage our proprietary MetaRisk software suite to develop and optimize bespoke reinsurance transactions and evaluate their impact on our clients capital, growth, and volatility objectivesWhat you need to have:Pursuance of bachelor's or equivalent degree is requiredOpen to all majors; preference to STEM-focused majorsRelevant prior work experience is a plusSuccessfully passed at least one Actuarial Exam is a plusKnowledge of Microsoft Office Suite (PowerPoint, Excel and Word)Good problem-solving skills and financial aptitudeStrong communication and presentation skills: an ability to translate complex technical analysis and concepts into easily understandable termsCurious and proactive mindset: desire and ability to lead internal initiatives and research projects to completionA collaborative, team-oriented individual with effective interpersonal skillsStrong ability to be organized and detail orientedWhat makes you stand out:Interest in or progress towards completion of Casualty Actuarial Society (CAS) examsFamiliarity with programming languages/visualization toolsExperience in a technical related role at a reinsurance broker, market, or catastrophe model software vendorPrior experience in relevant insurance / reinsurance fieldAn understanding of the reinsurance industry and product linesWhy 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.The applicable hourly base pay for this role is $30.00.Application Instructions:Application Deadline: Sunday, November 29th at 11:59pm ESTWe are hiring in multiple locations. As you are filling out your application, you'll have the opportunity to select your desired location. Should you have interest in multiple locations, your recruiter will work with you to make those connections should that be necessary.First Round Interviews:Applications are reviewed on a rolling basis.If selected, first-round interviews consist of an on-demand digital video interview.Further timing and instructions will be provided at that time. Marsh & McLennan