Oliver Wyman Actuarial – Annuities Manager – Life

Oliver Wyman; Hartford (CT); Hybrid; USD 100,000 - 195,000; Full time

Benefits offered by this job

Performance-based pay program

Year-end bonuses

Comprehensive benefits

Job summary

A global risk management consultancy in Hartford, CT is seeking an experienced Annuities Manager to drive growth in their annuities business. The candidate should have over 5 years of relevant experience in annuity product development, pricing strategies, and risk management. They will lead analyses, engage with clients, and produce executive reports, all within a hybrid work model offering competitive compensation including a base salary range of $100k to $195k.

Qualifications

• 5+ years of experience in the annuities sector.
• Solid foundation in annuity product development and pricing strategies.
• Knowledge of regulatory compliance and risk management.

Responsibilities

• Lead complex annuity-focused analyses.
• Maintain communication with clients to ensure satisfaction.
• Create executive level management reports and present to stakeholders.

Skills

Analytical thinking

Communication skills

Team leadership

Risk management

Education

Bachelor’s degree in Actuarial Science, Finance, or a related field

Professional certifications (e.g., FSA, MAAA)

Tools

Moody’s AXIS

FIS Insurance Risk Suite

R

Python

Job description

Oliver Wyman Actuarial – Annuities Manager – Life

Join to apply for the Oliver Wyman Actuarial – Annuities Manager – Life role at Oliver Wyman

Company Overview

The Actuarial Consulting Practice of Oliver Wyman advises clients across a broad spectrum of risk management issues. We are a rapidly growing practice with offices across the globe. Our actuaries hold the highest professional qualifications and are nationally recognized as experts in their field. 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.

Remote type: Hybrid. Locations: Flexible. Time type: Full time.

Job Description

Oliver Wyman is seeking an experienced Annuities Manager with 5+ years of experience in the annuities sector. The ideal candidate will have a solid foundation in annuity product development, pricing strategies, regulatory compliance, hedging, and risk management. This role is essential for leading annuity product initiatives and driving growth in our annuities business.

Key Responsibilities

• Lead complex annuity-focused analyses covering a range of topics such as product development, rate setting, assumption benchmarking, hedging, and valuation.
• Own ongoing communication with clients, ensuring their highest satisfaction.
• Ensure technical accuracy and integrity in your work and in the work produced by junior staff.
• Produce executive level management reports and confidently present findings to internal senior leaders, clients and executives.
• Build a strong industry network by demonstrating your expertise and highlighting the unique value Oliver Wyman provides.
• Conduct market research to identify trends and opportunities.
• Foster a collaborative, performance-driven environment that encourages team members to challenge the status quo.
• Promote active knowledge sharing within the team to support continuous learning and improvement.
• Support the professional growth of junior staff by expanding their annuity expertise and enhancing their consulting capabilities.

Qualifications And Desired Skills

• Bachelor’s degree in Actuarial Science, Finance, or a related field. Advanced degrees or professional certifications (e.g., FSA, MAAA) are preferred.
• A minimum of 5 years of relevant experience with annuity products, preferably with hands‑on involvement in pricing, product development, and/or inforce management.
• Associate of the Society of Actuaries (ASA) or Fellow of the Society of Actuaries (FSA) credential preferred.
• Knowledge of the annuity market landscape, including key players, trends in product development, product management, and regulatory changes.
• Strong analytical and strategic thinking skills, with an ability to navigate complex problems effectively.
• Demonstrated capability to lead teams and manage multiple workstreams with minimal oversight, from analysis to delivery.
• Excellent communication and interpersonal skills, capable of engaging diverse stakeholders and advocating for strategic initiatives.
• Effective organizational skills with a focus on delivering exceptional results while meeting deadlines in a fast‑paced environment.
• Knowledge in financial modeling systems or open‑source scripting languages, such as Moody’s AXIS, FIS Insurance Risk Suite (formerly Prophet), R, and Python is valuable.

Why Work for Us

The Actuarial Practice of Oliver Wyman seeks to invest in its people by fostering a safe and inclusive environment, respecting and welcoming different perspectives, promoting an ownership culture, providing opportunities for individuals to develop their personal brand, and celebrating successes and rewarding performance. There are employee groups for the LGBT+ community, racially and ethnically diverse employees, women, family life, introverts and veterans of military service.

The applicable base salary range for this role is $100k to $195k. The base pay offered will be determined on factors such as experience, skills, training, location, certifications, educations, and any applicable minimum wage requirements. Decisions will be determined on a case‑by‑case basis. In addition to the base salary, this position is eligible for meaningful performance‑based incentives.

Benefits

Oliver Wyman offers a performance‑based pay program that rewards colleagues for the contributions they make to our business results, including year‑end bonuses based on personal and corporate performance. We also offer an impressive array of benefits. Explore all the benefits offered at www.oliverwyman.com/actuaries.

EEO Statement

Marsh McLennan 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, 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, veteran status, and any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting [e-mail].

Seniortiy level

• Not Applicable

Employment type

• Full‑time

Job function

• Finance and Sales
• Insurance and Business Consulting and Services

Reference

R_330698