Description:
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.
Consultant
Projects and responsibilities include:
- Focus on loss reserving projects with additional engagements in pricing/ratemaking, predictive modeling, economic capital modeling, and loyalty rewards programs
- Demonstrated ability to join existing projects, taking ownership of project task/responsibilities, and ensuring seamless client communication
- Review and validate the work of analysts, ensuring technical accuracy and integrity on a wide variety of analyses, templates and exhibits
- Compile, verify and/or reasonability check client data
- Apply complex actuarial theories and principles to create statistical models
- Prepare and/or oversee production exhibits and written reports to present findings
- Assist or lead in the preparation of proposals and presentations for prospects
- Attend 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 field
- Minimum of two actuarial exams passed, additional exam progress towards ACAS/FCAS is preferred
- 4+ 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 experience is a plus
- Exceptional organizational skills, with an ability to prioritize and handle multiple tasks in a fast‑paced work environment
- Excellent written and verbal communication skills, with the ability to build strong relationships with clients, colleagues, and industry stakeholders
- Proven ability to foster a culture of inclusiveness, innovation, and continuous improvement within the practice and across the broader organization
- Willingness to travel as needed to support client engagements and business development activities
- Self‑motivated and proactive, with a demonstrated ability to develop client‑oriented solutions
- Collaborative team player, capable of working effectively in a cross‑functional environment
- Strong command of Microsoft Office, Excel, Word, and PowerPoint, etc.
- R, SAS, SQL, or VBA experience a plus