Oliver Wyman Actuarial - P&C - M&A Principal

Marsh; New York (NY); Hybrid; USD 180,000 - 250,000; Full time

Job summary

Oliver Wyman is seeking a high-performing Principal to lead and deliver M&A actuarial engagements for top-tier insurance and reinsurance clients. The role combines deep actuarial expertise with strategic leadership, client relationship management, and business development responsibilities.

The ideal candidate will oversee large client portfolios, mentor teams, and identify opportunities to expand the practice across the insurance ecosystem, with flexible location preferences (preferably

Qualifications

• BA/BS degree in Actuarial Science, Mathematics, Statistics, Economics, Finance or related field.
• 10+ years of professional actuarial experience in consulting or insurance.
• FCAS credential required.
• Proven success managing client relationships and leading complex engagements.
• Business development experience including expanding client relationships.

Responsibilities

• Lead actuarial due diligence projects for M&A and reinsurance transactions, reviewing actuarial reports, data and models to assess reserve estimates, loss ratio projections, and pricing/underwriting practices.
• Quantify downside risk with stochastic models.
• Conduct exploratory data analysis on exposure/loss data to uncover business shifts and provide clear narratives.
• Develop executive level reports and data visualizations.
• Present findings to senior management and C-suite executives.
• Develop a network of industry contacts through deals and conferences.
• Lead client sales meetings and proposal development.
• Collaborate with management consulting and actuarial practices in the US and globally.

Skills

Actuarial

M&A experience

Client relationships

Business development

Project management

Leadership

Strategic thinking

Communication

Analytical

Negotiation

Education

BA/BS in Actuarial Science/Math

FCAS credential

Job description

Company:

Oliver Wyman

Description:

Principal- Property & Casualty Actuarial Consulting - M&A

Location: Flexible, but preferably in Northeast US (e.g., New York)

Company Overview

The Property and Casualty Consulting Practice assists insurance companies, self-insured corporations, government entities, and other organizations with all aspects of managing property and casualty insurance exposures. We guide P&C clients on their qualitative assessment and quantification of risk and loss exposures, and offer advice on a range of issues, from external business strategy and internal risk management to economic capital modeling and new product development.

Summary

Oliver Wyman is seeking a high-performing Principal to join the mergers and acquisitions (\"M&A\") team and lead the management, execution, and delivery of projects for Oliver Wyman's clients, which include top tier insurance and reinsurance companies, alternative asset managers, private equity firms, investment banks, law firms, and regulators.

This role combines deep actuarial expertise with strategic leadership, client relationship management, and business development responsibility. The ideal candidate is a commercially minded leader who can oversee large client portfolios, develop trusted executive relationships, mentor teams, and identify opportunities to expand the practice's impact across the insurance ecosystem.

Responsabilities:

• Lead actuarial due diligence projects for M&A and reinsurance transactions, including review of actuarial reports, data and models to assess the adequacy of the target reserve estimates, loss ratio projections, pricing & underwriting practices, etc.
• Quantify downside risk associated with potential transactions using stochastic models
• Conduct exploratory data analysis on exposure/loss data to uncover important business shifts; decompose 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
• Lead client sales meetings and proposal development
• Work in partnership with our management consulting and actuarial practices in the US and globally

Qualifications

• BA/BS degree in Actuarial Science, Mathematics, Statistics, Economics, Finance or related field
• 10+ years of professional actuarial experience in consulting or insurance
• FCAS credential required
• Demonstrated success managing client relationships and leading complex engagements.
• Proven business development experience, including generating new opportunities and expanding client relationships.
• Strong project management and organizational skills, with the ability to manage multiple priorities in a fast-paced environment.
• Exceptional written and verbal communication skills with the ability to influence diverse audiences.
• Strong analytical and problem-solving capabilities with a client-oriented mindset.
• Ability to deliver against tight deadlines in fast-paced, demanding environments
• Detail oriented with the ability to work on multiple projects concurrently
• Evidence of intellectual curiosity and ability to think strategically and creatively
• Self-motivated, an entrepreneurial attitude, and not afraid of long hoursStrong communication skills
• Prior M&A experience is preferred but not required

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 at Oliver Wyman.

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 US Benefits | Marsh McLennan.

For more information, please visit our website at www.oliverwyman.com/actuaries.

Marsh McLennan and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.

The applicable base salary range for this role is $180,000 - $250,000.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis.

In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tui