Senior Actuarial Manager, Life & Annuities (Hybrid)

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

Job summary

Oliver Wyman Actuarial – M&A Consulting Actuary – US Life & Annuity is a hybrid role supporting clients across mergers, acquisitions, pricing, and risk management in life and annuity products. You will lead actuarial due diligence, develop financial models, create executive reports, and present insights to senior leadership.

The role demands deep actuarial expertise with 5+ years in financial consulting or insurance, strong communication skills, and the ability to manage multiple complex

Qualifications

• 5+ years of professional experience in financial consulting or insurance; FSA preferred
• Prior life insurance M&A and pricing experience is required
• 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 development of sensitivity analyses for life insurance and annuity products
• Broad exposure to life insurance, annuity and/or long-term care with expertise in at least one area
• Ability to lead and manage projects with effective delegation and client solution development
• Exposure to various accounting regimes (US NAIC, Bermuda EBS, US GAAP, IFRS, Solvency II)
• Proficiency in financial modeling and valuation with focus on base case profitability and stress analysis
• Ability to deliver under tight deadlines in fast-paced environments
• Detail-oriented with ability to work on multiple projects concurrently
• Evidence of intellectual curiosity, strategic and creative thinking
• Self-motivated, entrepreneurial attitude, and willingness for long hours
• 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 clients and junior staff for product- and technical-related actuarial questions

Skills

Financial modeling

M&A pricing

Actuarial pricing

Data analysis

Client presentations

Project leadership

Regulatory compliance

Communication skills

Risk management

Job description

Oliver Wyman Actuarial – M&A Consulting Actuary – US Life & Annuity is a hybrid role supporting clients across mergers, acquisitions, pricing, and risk management in life and annuity products. You will lead actuarial due diligence, develop financial models, create executive reports, and present insights to senior leadership.

The role demands deep actuarial expertise with 5+ years in financial consulting or insurance, strong communication skills, and the ability to manage multiple complex