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Analyst Property & Casualty Insurance Practice

Marsh McLennan


Job Location:

Toronto - Canada

Yearly Salary: CAD 65000 - 110000
Posted: 3 October 2026 (2 days ago)
Application Deadline: 31 December 2026
Vacancies: 1 Vacancy

Job Summary

Company:
Oliver Wyman

Description:

Company Overview

The Property and Casualty Consulting Practice assists(re)insurance companies self-insured corporations government entities and other organizations with all aspects of managing property and casualty insurance exposures. We guide P&C clients on their qualitative assessment and quantification of risk and loss exposures and offer advice on a range of issues from external business strategy and internal risk management to economic capital modeling and new product development.


Position Summary

As an analyst in our P&C Actuarial Insurance Practice you will engage in transformative client projects leveraging your technical expertise and strategic insights to develop validate and operationalize actuarial models methodologies and workflows. As part of a globally connected practice you will collaborate with colleagues and clients across geographies with opportunities to contribute to and deliver projects on a global basis. This role offers the chance to work with multidisciplinary teams and cutting-edge technologies including AI to deliver impactful solutions across a wide range of actuarial disciplines including pricing reserving and capital modeling.


Responsibilities

Deliver Transformative Actuarial Solutions: Support client engagements by applying actuarial knowledge analytical skills and structured problem-solving to complex insurance challenges. Contribute to initiatives such as actuarial modernization process automation AI-enabled actuarial workflows model transformation data modernization and operating model improvement.

Analyze and Interpret Complex Data: Conduct detailed analyses across large and complex datasets identifying trends validating results and developing insights that support actuarial operational and strategic decision-making.

Execute Actuarial Analyses: Apply established actuarial methodologies assumptions and models to produce accurate well-supported analyses. Develop technical expertise while exercising judgment in identifying issues investigating results and recommending potential solutions.

Support Client Engagement: Work directly with client and internal stakeholders to gather requirements understand business challenges and communicate analytical findings clearly. Help translate complex actuarial concepts and results into practical accessible insights.

Collaborate Across Actuarial and Technology Teams: Work alongside actuaries engineers data scientists and other specialists to translate actuarial requirements into technical specifications test solutions validate outputs and support successful implementation.

Ensure Quality and Accuracy: Perform rigorous validation of data assumptions calculations models and outputs identifying and resolving issues and ensuring work aligns with professional standards regulatory requirements and internal best practices.

Contribute to Actuarial Innovation: Help develop and enhance tools methodologies automation and AI-enabled solutions that modernize actuarial work improve efficiency and create greater value for clients.

Contribute to High-Performing Teams: Take ownership of assigned deliverables manage priorities and deadlines effectively collaborate across project teams and actively build the technical consulting and industry knowledge needed to take on increasing responsibility.


Qualifications

  • Education: Expected to graduate in 2027 or already holds a BA/BS degree in Actuarial Science Mathematics Statistics Economics Finance or a related field.
  • Experience: Relevant actuarial experience including internships or other professional experience.
  • Commitment to pursuing CAS actuarial credentials.
  • Communication Skills: Exceptional verbal and written skills to convey complex information effectively to diverse audiences.
  • Analytical Mindset: Strong problem-solving capabilities; intellectual curiosity to meet tight deadlines.
  • Microsoft Suite: Advanced Excel for data analysis and reporting.
  • Strong Organizational Skills: ability to prioritize manage multiple tasks and meet project objectives and deadlines.
  • AI Proficiency: Experience utilizing AI technologies for modeling and analytics.
  • Programming: Knowledge of programming languages (Python R SQL is a plus)

Compensation & Benefits

Base salary range (U.S.): $65000 $110000 CAD depending on location exams and experience.

In addition we offer:

Actuarial exam support program (paid study time exam reimbursement study materials first-time pass incentives)

Performance-based incentives


Work Authorization

This role is also contingent on the submission of proper authorization to work in Canada and your ability to maintain your right to legally work for the Company in for the duration of your employment.


Why join us

Come aboard if you are excited by challenges and want to work across different cultures.

We want you to step out of your comfort zone and embrace your curiosity.

Our consultants learn on the job and receive formal training to develop their communication presentation analytical and client management skills.

Youll find genuine colleagues who stand by their beliefs and measure success by the lasting impact you create together.

We believe in flexibility including the opportunity of hybrid working. You are also invited to join our colleague resource groups and social activities.


We hire you to be you

Our open inclusive and down-to-earth culture will enable you to bring your best self to work.

Youll work alongside authentic colleagues who do serious work but dont take themselves too seriously.

Theres no corporate mold to fit and hierarchy doesnt get in the way.

We do not let artificial barriers stand in the way of your personal career progression.

Oliver Wyman is a business of Marsh (NYSE: MRSH) 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 95000 colleagues Marsh helps build the confidence to thrive through the power of perspective. For more information or follow us onLinkedInandX.

The Actuarial Practice of Oliver Wyman a Marsh business advises clients across a broad spectrum of risk management issues. We are a rapidly growing group with offices expanding across the globe. Our actuaries hold the highest professional qualifications and are nationally recognized as experts in their field(s). We use mathematical and statistical modeling skills and our qualitative assessment methodologies to assist clients in evaluating and addressing risk. Our solutions help clients manage and prepare for the potential financial consequences of uncertain future events. We bring a combination of broad-based expertise with specialized knowledge of specific risks allowing us to provide independent objective advice in the three primary areas of risk: healthcare life and annuity and property and casualty.

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 or any other characteristic protected by applicable accordance with the Accessibility for Ontarians with Disabilities Act 2005 Marsh will provide a reasonable accommodation to employees and prospective employees to the point of undue hardship upon request and as required in respect of the individuals particular restrictions and limitations. If you require a specific accommodation because of a disability or medical need please contact

Marsh 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.


Required Experience:

IC