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Business Insurance Analytics Associate @US012 Marsh & McLennan Agency LLC

[Hiring] Business Insurance Analytics Associate @US012 Marsh & McLennan Agency LLC

Apr 01, 2025 - US012 Marsh & McLennan Agency LLC is hiring a remote Business Insurance Analytics Associate. 💸 Salary: $65,900 to $122,700. 📍Location: USA.

This description is a summary of our understanding of the job description. Click on 'Apply' button to find out more.

Role Description

The Business Insurance (BI) Analytics Associate will support the National BI Analytics Leader in the execution of MMA’s analytics strategy to impact our efforts on increased client retention and growth.

  • Reviews detailed information and analyzes data in terms of specific business goals.
  • Displays findings in simple, meaningful, and actionable formats consistent with the MMA brand.
  • Involved in the research of data and methods, development of new digital technologies, and providing analytics advisory services.
  • Implements corresponding processes and deliverables, taking responsibility for accurate and timely production of reports.

Analytics

  • Identifies trends in claims data through various analytical tools.
  • Supports and strengthens negotiations with underwriters.
  • Justifies collateral reductions for clients.
  • Quantifies future losses based on trends and actuarial methodologies.
  • Advises clients on insurance program options to select the best fit for their company.
  • Supports research and development of new tools and deliverables as directed.
  • Enables clients to adequately and accurately budget for loss sensitive program adjustments.
  • Accompanies Producers, Account Executives, and other team members to client meetings and presentations.
  • Partners with National Business Insurance teams on group initiatives.
  • Displays measurable results created for clients.

Execution of Client Service

  • Works with Producer and/or Account Executives, service team, and other internal departments to plan, execute, and track customized service strategy for each client.
  • Analyzes risk, coverage, program structure and recommends options.
  • Takes an enterprise-wide approach to client service by collaborating with other service teams.
  • Manages time effectively to prioritize workload, client service requests, and service parameters on business processes.

Thought Leadership

  • Operates as the technical expert in Analytics, providing analytical resources to account team staff and clients.
  • Collaborates with other Regional Analytics resources on best practices.
  • Assists in educational presentations for account team staff to continue their development.

Qualifications

  • BS/BA in insurance & risk management, actuarial science, business administration, accounting, finance, economics, mathematics, statistics.
  • 2 to 5 years of insurance analytics experience.
  • Proficiency in Microsoft Office Products, including Excel and PowerPoint.
  • Strong interpersonal and effective communication skills.

Requirements

  • Property & Casualty underwriting experience with a focus on analytics (preferred).
  • Property & Casualty Actuarial experience (preferred).
  • Knowledge of property & casualty insurance analytics concepts and tools (preferred).

Benefits

  • Generous time off, including personal and volunteering.
  • Tuition reimbursement and professional development opportunities.
  • Remote Work.
  • Charitable contribution match programs.
  • Stock purchase opportunities.

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Before You Apply
📍 Be aware of the location restriction for this remote position: USA
Beware of scams! When applying for jobs, you should NEVER have to pay anything. Learn more.
Business Insurance Analytics Associate @US012 Marsh & McLennan Agency LLC
Data Analysis
Salary 💸 $65,900 to $122,700
Remote Location
USA
Job Type full-time
Posted Apr 01, 2025
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📍 Be aware of the location restriction for this remote position: USA
Beware of scams! When applying for jobs, you should NEVER have to pay anything. Learn more.
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