Hybrid Senior Actuarial Manager – Life & Annuities, M&A

Oliver Wyman; Philadelphia (Philadelphia County); Hybrid; USD 100,000 - 195,000; Full time

Job summary

Oliver Wyman Actuarial – M&A Consulting Actuary – US Life & Annuity is a hybrid, US-based role focused on financial modeling, due diligence, and advisory services in life insurance and annuity sectors. You will develop pricing models, evaluate profitability, and present insights to executives across multiple offices.

The ideal candidate brings 5+ years of actuarial experience, especially in life insurance M&A, and can manage complex datasets, reports, and client interactions while working in a

Qualifications

• 5+ years of professional experience in financial consulting or insurance.
• Prior life insurance M&A and pricing experience is required.
• Demonstrated experience in actuarial pricing model development, profitability projections, and data flow management.
• Strong background in risk management, sensitivity analysis, and regulatory compliance testing.
• Proven experience in product development lifecycle and inforce policy management.
• Familiarity with profitability measure calculations and develop sensitivity analyses for a broad range of life insurance and annuity products.
• Ability to lead and manage projects, including effective delegation and client solution development.
• Exposure to various accounting regimes (e.g. US NAIC, Bermuda EBS, US GAAP, IFRS, Solvency II).
• Proficiency in financial modeling, pricing, valuation with a focus on base case profitability and stress analysis.
• Strong communication skills

Responsibilities

• Develop financial models for mergers, acquisitions, internal and external reinsurance, and other capital markets transactions with minimal oversight.
• Manage actuarial due diligence, including review of actuarial appraisals, product features, experience studies/assumptions, and asset portfolio; breakdown of complex datasets into simple narratives and recommendations.
• Develop executive level management reports, including development of data visualizations.
• Present findings to senior management and C-suite executives.
• Develop network of contacts throughout the industry via participation in deals, industry conferences, and other events.
• Participate in client sales meetings and proposal development.
• Work in partnership with our management consulting and actuarial practices in the US and globally.
• Act as a trusted resource for both clients and junior staff for product- and technical-related actuarial questions.

Skills

Financial modeling

Pricing

Valuation

Stress testing

Communication skills

Project leadership

Data analysis

Education

FSA preferred

Job description

Oliver Wyman Actuarial – M&A Consulting Actuary – US Life & Annuity is a hybrid, US-based role focused on financial modeling, due diligence, and advisory services in life insurance and annuity sectors. You will develop pricing models, evaluate profitability, and present insights to executives across multiple offices.

The ideal candidate brings 5+ years of actuarial experience, especially in life insurance M&A, and can manage complex datasets, reports, and client interactions while working in a