Job Description:

We are looking for a talented and dynamic individual to join our Treaty Reinsurance team at Marsh Risk India, a Marsh business. This role is based in Mumbai.

About the job:

We are seeking a high-performing technically adept Senior Actuary to join our Actuarial Analytics team in Mumbai, India, supporting clients across India.

This commercially relevant role involves producing technical outputs aligned with commercial outcomes, working closely with senior stakeholders to deliver insight-driven analytics, support reinsurance strategy, and contribute to regional growth..

We will count on you to:

- Partner closely with Reinsurance brokers to support portfolio strategy, client engagement, and business growth initiatives.

- Perform technical assessments across general insurance portfolios including pricing adequacy, volatility analysis, retention optimization, and reinsurance structuring.

- Develop, validate, and interpret analytical outputs using sound actuarial judgment and first-principles thinking.

- Build and review loss projections, stress scenarios, and portfolio performance metrics to support reinsurance decision-making.

- Translate technical outputs into commercially relevant insights and clear market-facing narratives.

- Support structuring and optimization of proportional and non-proportional reinsurance solutions including quota share, excess of loss, and hybrid arrangements.

- Collaborate with brokers and regional stakeholders on client presentations, strategic discussions, and renewal negotiations.

- Utilize internal tools (e.g., MetaRisk, portfolio models) and bespoke analytical frameworks to develop practical reinsurance solutions.

- Challenge assumptions, validate methodologies, and ensure outputs remain technically robust, commercially relevant, and aligned with governance standards.

- Take ownership of deliverables while operating within established peer review and oversight frameworks.

- Contribute to analytics framework development, process improvement, and knowledge sharing across regional teams.

- Maintain strong working relationships with brokers, clients, reinsurers, and internal stakeholders across India.

Why this role:

- Exposure to multi-market IMEA portfolio

- Opportunity to work on high-impact reinsurance decisions

- Steep learning curve across technical, commercial, and client-facing dimensions

What you need to have:

- Qualified or Near-qualified actuary (FIAI/FIA/FCAS or equivalent).

- 8+ years of relevant actuarial or reinsurance analytics experience.

- Strong technical understanding of actuarial principles, portfolio analytics, reinsurance pricing and reinsurance structures.

- Ability to independently assess analytical reasonability, validate outputs, and identify inconsistencies or flawed assumptions.

- Strong commercial awareness with the ability to connect technical findings to practical market outcomes.

- Ability to communicate complex analytical concepts clearly and concisely to both technical and non-technical stakeholders.

- High attention to detail with strong ownership mindset and accountability for quality of output.

- Ability to manage multiple priorities and deliver under tight timelines in a fast-paced environment.

- Collaborative working style with strong interpersonal and stakeholder management skills.

What makes you stand out:

- Experience within a reinsurance broker, reinsurer, or an insurer environment.

- Prior exposure to client-facing discussions, renewal support, and reinsurance placement strategy.

- Experience working across multiple markets and product lines within a regional setup.

- Familiarity with analytical and visualization tools such as R, Python, SQL, Alteryx, Power BI, or equivalent platforms.

- Ability to balance technical depth with commercial practicality and communication quality