Risk Advisory Consultant

1 week ago


Chicago, Illinois, United States Marsh & McLennan Companies Full time
Company:
Marsh & McLennan Companies

Position Overview:

The Emerging Risk Group is on the lookout for talented individuals to fill the role of Emerging Risk Consultant. This position is primarily based in New York or Chicago, with options for remote work available.

The Emerging Risks Group focuses on integrating risk management with strategic planning for clients by utilizing predictive analytics to assess risks within their value chains. The team comprises four specialized areas: Cybersecurity, Environmental, Social, and Governance (ESG) and Climate, Geopolitical Risk, and Operational Resilience. Our professionals act as trusted advisors, assisting clients in making informed, data-driven decisions to manage risks effectively, thereby enhancing growth and enterprise value through expert industry knowledge, robust analytical skills, and a practical approach to resolving complex business and risk issues.

Key Responsibilities:
  • Identify potential risks to growth and value creation strategies, encompassing both insurable and non-insurable losses.
  • Assess suitable business and operational models to align with strategic visions and mitigate risks in the operating environment.
  • Address both operational and strategic risks affecting clients' business models.
  • Optimize the return on investment for risk capital.
  • Exhibit strong interpersonal and influencing capabilities.
Benefits:
  • Be part of a reputable company known for crafting solutions for today's and tomorrow's challenges.
  • Experience a culture that promotes internal mobility, diversity, inclusion, and teamwork.
  • Access to Employee Resource Groups that connect you with leaders, volunteer opportunities, and industry peers.
  • Enjoy flexible work arrangements that support work-life balance.
  • Receive competitive compensation and a comprehensive benefits package from Day 1, including medical, dental, vision, disability, life insurance, employee stock purchase options, and generous paid time off; along with a fixed company contribution and matching on your 401k after one year of service.
Expectations:
  • Demonstrate a passion for continuous learning, professional development, and knowledge sharing.
  • Desire to thrive in a dynamic, entrepreneurial, and enjoyable team environment.
  • Experience in evaluating strategies and providing recommendations to clients.
  • Possess strong problem-solving skills and the ability to exercise sound judgment.
  • Familiarity with broader operational functions such as HR, IT, Finance, Procurement, Commercial Operations, and Cybersecurity.
  • Exhibit excellent interpersonal skills.
Qualifications:
  • Bachelor's degree with a proven record of academic excellence.
  • 4+ years of relevant consulting experience or a background in research or business analysis.
  • Strong quantitative and analytical abilities.
  • Exceptional written and verbal communication skills.
Preferred Attributes:
  • Undergraduate degree in economics, engineering, finance, or accounting, or an advanced business degree (e.g., MBA) from a top-tier institution.
  • Experience in applying analytical methods for project analysis and recommendations.
  • Ability to develop operating models using Excel, Python, or R.
Marsh & McLennan Companies is a leading global insurance broker and risk advisor, with over 45,000 professionals serving clients in more than 130 countries. We provide data-driven risk solutions and advisory services to both commercial and individual clients. As part of Marsh McLennan (NYSE: MMC), we help clients navigate an increasingly complex environment through our four market-leading businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman.

Marsh McLennan is dedicated to fostering a diverse, inclusive, and flexible work environment. We strive to attract and retain top talent while embracing diversity in all its forms. We are committed to hybrid work, balancing remote flexibility with the benefits of in-office collaboration and professional development. All colleagues are expected to work onsite with clients or in their local office at least three days a week.

The base salary range for this role is competitive and will be determined based on experience, skills, training, location, and other relevant factors. Performance-based incentives may also be available.

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