Business Development Actuary, Life & Annuity Analyst

Welcome to Marsh & McLennan Companies, where we are dedicated to helping clients navigate the complex world of risk and insurance. Our team is currently seeking a Business Development Actuary, Life & Annuity Analyst to join our ranks and make a lasting impact on our clients and business.In this role, you will be responsible for driving growth and profitability in our life and annuity business by providing actuarial analysis, insights, and recommendations. This is a unique opportunity to utilize your expertise in actuarial science and business development to shape the future of our company.To be successful, you must have a strong background in life and annuity products, as well as a deep understanding of actuarial principles and practices. You should also possess excellent communication and relationship-building skills, as you will be collaborating with cross-functional teams and working closely with clients.If you are a driven and analytical individual with a passion for business development and actuarial science, we invite you to apply for this exciting opportunity and join our team at Marsh & McLennan Companies.

1. Conduct in-depth analysis of life and annuity products and market trends to identify growth opportunities and drive business development efforts.
2. Utilize actuarial principles and practices to develop and present strategic recommendations to senior leadership.
3. Collaborate with cross-functional teams to develop and implement new products and initiatives to increase profitability.
4. Build and maintain strong relationships with clients to understand their needs and provide tailored solutions.
5. Utilize data and analytics to identify areas for improvement and make data-driven decisions.
6. Keep abreast of industry developments and changes in regulations to ensure compliance and inform business strategies.
7. Work closely with sales and marketing teams to develop strategies and materials to support business development efforts.
8. Conduct competitive analysis to identify strengths and weaknesses and inform business development strategies.
9. Participate in industry events and conferences to promote the company and network with potential clients.
10. Act as a subject matter expert and provide guidance and support to colleagues on actuarial and business development matters.
11. Continuously strive to improve processes and procedures to increase efficiency and effectiveness.
12. Adhere to company policies and procedures, including maintaining confidentiality of client information.
13. Represent the company in a professional and positive manner at all times.

According to JobzMall, the average salary range for a Business Development Actuary, Life & Annuity Analyst in New York, NY, USA is between $120,000 and $150,000 per year. However, salaries can vary depending on the specific company, experience level, and other factors. It is important to research the specific company and industry to get a more accurate salary estimate.

Marsh & McLennan Companies, Inc. is a global professional services firm, headquartered in New York City with businesses in insurance brokerage, risk management, reinsurance services, talent management, investment advisory, and management consulting.