Senior Manager - Research

Marsh McLennan India is seeking candidates for the following position based in the Mumbai office:

Job Title: Senior Manager – Research, Business Intelligence Group (BIG) Europe

MMC Business Unit: Marsh Risk

MMGS Function: Knowledge Services

As a part of the Strategic Research team in Knowledge Services function of Marsh McLennan India, the candidate will support the strategy, specialty, and risk practices in the Europe region, with in-depth research collaterals that enable growth and sales leaders prepare and communicate the Marsh McLennan proposition sharply to clients and prospects across various industries. These include end products that support business planning, client insights packs and detailed industry and risk research.

What can you expect?

• Be a part of a colleague and client-centric firm with a culture underpinned by respect for inclusion, diversity and belonging; frequently recognized as such by respected platforms
• Get exposure to critical risks facing businesses across industries and regions
• Be a part of a global team with a stimulating and open environment that fosters creative thinking and encourages diverse views
• Work closely with strategy, specialty and risk practice colleagues in Europe

What will you focus on:

• Macro-economic analysis to support understanding the business environment, track changes & impacts. specifically for use in annual planning.
• Prospect listing of clients that could be related to industries, locations, business type, etc.
• Client dialogue decks to support initial discussions with clients and prospects based on our understanding of their core issues.
• Industry assessments highlighting addressable market size, industry trends, challenges, outlook, external drivers, performance and key risks.
• Competitor analysis that highlights what the client/ prospects competitors’ strategic intent, key activities being undertaken, and how that relates to opportunities.
• Insurance market analysis that provides a detailed analysis of a specific market and product line.
• Mentor team of researchers, effectively manage stakeholder communications and project deliverables while owning team governance responsibilities.

What is in it for you?

• Discover what is great about working at Marsh McLennan – from the opportunities that our size brings, to our commitment to our communities and understanding the benefits you will receive – “We build the confidence to thrive through the power of perspective”.
• As a global leader in insurance broking, risk management and risk strategy, we are devoted to finding diverse individuals who are committed to the success of our clients and our organisation. Joining us will provide a solid foundation for you to accelerate your career in the risk and insurance industry. You will join a team of talented professionals from across the globe, who are dedicated to helping clients manage some of the world's most challenging and complex risks. We can promise you extraordinary challenges, extraordinary colleagues, and the opportunity to make a difference.
• Our rich history has created a client service culture that we believe is second to none. Our commitments to Diversity and Inclusion, Corporate Social Responsibility, and sustainability demonstrate our commitment to stand for what is right

We will count on you to

• Invest in understanding our business thoroughly.
• Deliver with excellence on high-impact research projects – comprehensive research, synthesized well in appropriate end product formats.
• Demonstrate critical thinking on research projects and problem solve with stakeholders on live research projects, for better client outcomes consistently.
• Scope projects clearly.
• Project manage through quality and milestone reviews of work done by team.
• Be extremely responsive in daily work and showcase process excellence.
• Estimate timelines accurately, deliver on time, flag issues proactively, be solution oriented and create routines that enhance efficient working.
• Mentor the team to make distinctive contributions to Marsh Risk’s thought leadership and client servicing efforts.
• Develop strong relationships with colleagues and stakeholders through high quality project delivery, responsiveness, and agile and clear communication.
• Contribute to process improvement of the team by making relevant recommendations and executing the process initiatives to enhance the efficiency and quality of overall delivery.

What you need to have: 

• Masters / Bachelors in Economics or Masters in Business Administration (MBA) / equivalent post-graduation certification from a reputed institute.
• 7 to 9 years of experience in strategy research and advisory (quantitative and qualitative | secondary), at a leading professional services / market intelligence / research firm.
• Strong commitment to absorb and engage in feedback discussions and enhancing own knowledge and quality of end products.
• Experience in building frameworks, drawing data driven insights and performing analysis aligned to the ‘Sales Strategy’, focusing on clients / prospects, markets, competitors, products and regulatory developments.
• Deep understanding of financial concepts, global marketplace, key trends, economic and geo-political developments, key business and financial risks.
• Strong understanding of strategy frameworks (PESTEL, Porter’s 5 forces, BCG Matrix, SWOT, etc.) and their applications in bringing out cutting edge insights.
• Strong analytical, critical thinking, problem solving, storyboarding and report writing skills.
• Advanced communication skills – verbal, writing, listening.
• Advanced level of proficiency in MS Office Suite, SharePoint & data visualization tools with a flair for using tech-tools for research and overall reporting
• Expertise in commercial databases such as S&P Cap IQ, Factiva, Global Data, A.M. Best etc.

What makes you stand out?

• Certificate in insurance such as Chartered Insurance Institute (CII) / Chartered Property Casualty Underwriter (CPCU).
• Exposure to working in a global setting.
• Experience in risk advisory or insurance / re-insurance related research or advisory support in related verticals.

MARSH MCLENNAN:

Marsh McLennan (NYSE: MMC) is the world's leading professional services firm in the areas of risk, strategy, and people. The Company's more than 90,000 colleagues advise clients in over 130 countries. With annualized revenue of over USD 24 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh provides data driven risk advisory services and insurance solutions to commercial and consumer clients. For more information, visit marshmclennan.com and follow us on LinkedIn and X.

Marsh Risk 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 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Marsh Risk, visit marsh.com, or follow us on LinkedIn and X.

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, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, 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 law.

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.