Job Description

As a global leader in insurance broking and risk management, Marsh helps clients succeed by defining, designing, and delivering innovative, industry-specific solutions to effectively manage risk.

We are looking for a CAT Risk Modeling Analyst to to join our Marsh New York City team. Qualified candidates in other locations will be taken into consideration.

What can you expect?

As our Catastrophe Risk Modeling Analyst Digital Development you will be the expert in catastrophe risk modeling software with an inclination towards designing analytical infrastructure to enhance the client/colleague experience and understanding of modeling. In this role, you will implement catastrophe risk modeling as it is a critical component of Marsh client advisory for property insurance program structuring and marketing in alignment with and in support of the business goals and objectives - solutions that will enhance and grow the business. Leveraged with improved technology, we can expand catastrophe risk modeling utilization, mitigate pain-points for clients/colleagues when providing modeling inputs, enhance client data quality, automate manually-intensive modeling processes, and provide digital and interactive reporting interfaces that will allow clients/colleagues to gain a deeper understanding of their catastrophe risk profiles. This Assistant Vice President (AVP) level, digital development role will focus on unlocking these opportunities by leading the development of new tools and data infrastructure to enhance Marshs use of CAT risk modeling software.

You will be reporting to the Vice President of Catastrophe Modeling responsible for transformative initiatives (digitization, automation and alternative risk transfer) and be part of the global Marsh Digital, Data and Analytics team. The group drives innovations in Marshs business models, advisory services and client/colleague experience across all of Marshs business areas. We are flexible on location of position, but preference is in the Northeast.

What's in it for you?

* A company with a strong Brand and strong results to match

* Culture of internal mobility, collaboration and valued partnership with HR from the business

* Employee Resource Groups, which provide access to leaders, relevant volunteer and mentoring opportunities and interactions with counterparts in industry groups and client organizations

* Competitive pay (salary and bonus potential), Full benefits package starting day one (medical, dental, vision, life insurance, generous 401k match AND contribution

* After six months, eligible for up to $10k tuition reimbursement per year and participation in our Employee Stock Purchase Plan

We'll count on you to:

* Design interfaces between the cat risk modeling software and Marshs data lake, including collaboration on design of data structures for both client inputs model results

* Create methods of automatically coding policy structures and hypothetical variations on insurance program terms into model inputs

* Design meaningful, interactive cat modeling reporting digital interfaces and the algorithms for processing event-level results data into those interfaces

* Create tools to model and evaluate parametric insurance as an alternative to traditional insurance program structure options

* Implement data quality analysis and enhancement tools into digital, interactive interfaces for clients, leveraging cross-client exposure data

* Create enhanced cross-client insurance benchmarking analyses that combine insurance limits and retentions, pricing and underlying risk profiles

What you need to have:

* Curiosity and eagerness in the application of science and engineering to insurance and risk management for earthquakes, floods, hurricanes and other severe weather

* Bachelors degree in math, science or related fields

* At least 3+ years experience working in-depth with either RMS or AIR catastrophe risk modeling software. In-depth knowledge of the underlying database structure is required. Strong preference will be given to those with past experience building tools in a CAT Modeling context

* Strong programming and database skills SQL required and knowledge in at least one programming language such as VBA or R. Strong preference will be given to those with experience in Python

What makes you stand out:

* Client-centric empathy and drive to bring better understanding of natural disaster risk to less technical audiences, and visceral abhorrence of manual processes

* Can work independently with minimal supervision with ability to manage projects/processes

* Ability to face and troubleshoot difficult and complex problems

* Ability to influence others within and outside of the job function regarding approach and procedures.

* Ability to develop strong internal/external client-oriented solutions

* Superior detail orientation, excellent communication and interpersonal skills

Marsh is the worlds leading insurance broker and risk adviser. With over 35,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services. Marsh is a business of Marsh McLennan (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With annual revenue approaching US $17 billion and 76,000 colleagues worldwide, MMC helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. Follow Marsh on Twitter @MarshGlobal; LinkedIn; Facebook; and YouTube, or subscribe to BRINK.

Mercer LLC 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 and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.