Consultant

Oliver Wyman is currently seeking candidates to join our growing Property & Casualty Actuarial Consulting Practice as an Actuarial Consultant. This position requires the candidate to work as part of a team of professionals to independently analyze complex problems and develop workable solutions for self-insured clients. The candidate will have interaction and visibility with Oliver Wyman’s clients, which include large self-insured corporations, captive insurance companies, state regulators, and P&C insurance companies.

Projects and responsibilities include:

Focus on loss reserving projects with additional engagements in pricing/ratemaking, predictive modeling, economic capital modeling, and loyalty rewards programsDemonstrated ability to join existing projects, taking ownership of project task/responsibilities, and ensuring seamless client communicationReview and validate the work of analysts, ensuring technical accuracy and integrity on a wide variety of analyses, templates and exhibitsCompile, verify and/or reasonability check client dataApply complex actuarial theories and principles to create statistical modelsPrepare and/or oversee production exhibits and written reports to present findingsAssist or lead in the preparation of proposals and presentations for prospectsAttend client meetings, marketing/sales presentations as required

Skills and Experience

Bachelor’s and/or Master’s degree in Actuarial Science, Mathematics, Statistics, Finance or a related fieldMinimum of two actuarial exams passed, additional exam progress towards ACAS/FCAS is preferred4+ years of actuarial experience in the property and casualty industry, and with Property and Casualty clients such as, large self-insured corporations, captives, (re)insurers, state regulators. Previous consulting experienced is a plusExceptional organizational skills, with an ability to prioritize and handle multiple tasks in a fast-paced work environmentExcellent written and verbal communication skills, with the ability to build strong relationships with clients, colleagues, and industry stakeholdersProven ability to foster a culture of inclusiveness, innovation, and continuous improvement within the practice and across the broader organizationWillingness to travel as needed to support client engagements and business development activitiesSelf-motivated and proactive, with a demonstrated ability to develop client-oriented solutionsCollaborative team player, capable of working effectively in a cross-functional environmentStrong command of Microsoft Office, Excel, Word, and PowerPoint, etc.R, SAS, SQL, or VBA experience a plus

Oliver Wyman, a business of Marsh McLennan (NYSE: MMC), is a management consulting firm combining deep industry knowledge with specialized expertise to help clients optimize their business, improve operations and accelerate performance. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit oliverwyman.com, or follow on LinkedIn and X.

The Actuarial Practice of Oliver Wyman 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 McLennan is committed to creating 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 law.

Marsh McLennan 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 McLennan 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.