P&C M&A Actuary Consultant (Hybrid/Remote)

Internationalinsuranceprofessionals; United States; Hybrid; USD 100,000 - 195,000; Full time

Job summary

Oliver Wyman is seeking an ambitious actuary to join the US P&C Practice on the mergers and acquisitions team. The new M&A Consulting Actuary will contribute to due diligence, data analysis, and model reviews across reinsurance and acquisition processes, in the US and globally.

You will join a team of consultants delivering projects for top-tier insurance and reinsurance clients, private equity, banks, and regulators, working in a dynamic, fast-paced environment.

Qualifications

• BA/BS degree in Actuarial Science, Mathematics, Statistics, Economics, Finance or related field
• 3+ years of professional actuarial experience in consulting or insurance
• FCAS credential required
• Broad exposure to P&C insurance in pricing, reserving, data & analytics, or risk management

Responsibilities

• Execute actuarial due diligence projects for M&A and reinsurance transactions, including review of actuarial reports, data and models to assess the adequacy of reserve estimates, loss ratio projections, pricing & underwriting practices
• 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
• Participate in client sales meetings and proposal development
• Work in partnership with our management consulting and actuarial practices in the US and globally

Skills

Python or R

Strong communication

Project leadership

Education

BS/BA in Actuarial Science or related field

FCAS credential

Job description

Oliver Wyman is seeking an ambitious actuary to join the US P&C Practice on the mergers and acquisitions team. The new M&A Consulting Actuary will contribute to due diligence, data analysis, and model reviews across reinsurance and acquisition processes, in the US and globally.

You will join a team of consultants delivering projects for top-tier insurance and reinsurance clients, private equity, banks, and regulators, working in a dynamic, fast-paced environment.