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Oliver Wyman – Actuarial Consultant – P&C page is loaded Oliver Wyman – Actuarial Consultant – P&C Apply remote type Hybrid locations Los Angeles - West 5th San Francisco - Embarcadero Houston - Dallas Chicago - 155 Wacker Dallas - Main time type Full time posted on Posted 2 Days Ago job requisition id R_205403 Company: Oliver Wyman Description: Oliver Wyman – Actuarial Consultant – P&C Office/Regions available: Chicago, Dallas, Houston, Philadelphia, Los Angeles, San Francisco;
other office/regions may be considered 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(s).
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.
We bring a combination of broad-based expertise with specialized knowledge of specific risks, allowing us to provide independent, objective advice in the three primary areas of risk: healthcare, life and annuity, and property and casualty.
Oliver Wyman provides customized actuarial services and strategic insight, supporting clients as they strive to exceed their business objectives.
Our exceptional client and employee retention exemplify our commitment to relationships built on trust, responsiveness and clear communication.
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 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.
Job Description Job Title: P&C Actuarial Consultant Office/Regions available: Chicago, Dallas, Houston, Philadelphia, Los Angeles, San Francisco;
other office/regions may be considered Oliver Wyman is currently seeking candidates to join our growing Property & Casualty Actuarial Consulting Practice as an Actuarial Consultant.
This position requires the candidate to work as part of a team of professionals to independently analyze complex problems and develop workable solutions for self-insured clients.
The candidate will eventually have significant interaction and visibility with Oliver Wyman’s clients, which include large self-insured corporations, captive insurance companies, state regulators, healthcare providers, and insurtech companies.
Potential projects and responsibilities may include: - Focus on loss reserving projects with additional engagements in pricing/ratemaking, predictive modeling, economic capital modeling, and loyalty rewards programs - Demonstrated ability to join existing projects, taking ownership of project task/responsibilities, and ensuring seamless client communication - Review and validate the work of analysts, ensuring technical accuracy and integrity on a wide variety of analyses, templates and exhibits - Compile, verify and/or reasonability check client data - Apply complex actuarial theories and principles to create statistical models - Prepare and/or oversee production exhibits and written reports to present findings - Assist or lead in the preparation of proposals and presentations for prospects - Attend client meetings, marketing/sales presentations as required Qualifications and Desired Skills - Bachelor’s and/or Master’s degree in Actuarial Science, Mathematics, Statistics, Finance or a related field - Actively pursuing CAS credentials, with recent exam progress towards ACAS/FCAS - 4+ years of actuarial experience in the property and casualty industry, and with Property and Casualty clients such as, large self-insured corporations, captives, (re)insurers, state regulators.
Previous consulting experienced would be beneficial - Exceptional organizational skills, with an ability to prioritize and handle multiple tasks in a fast-paced work environment - Excellent written and verbal communication skills, with the ability to build strong relationships with clients, colleagues, and industry stakeholders - Proven ability to foster a culture of inclusiveness, innovation, and continuous improvement within the practice and across the broader organization - Willingness to travel as needed to support client engagements and business development activities - Self-motivated and proactive, with a demonstrated ability to develop client-oriented solutions - Collaborative team player, capable of working effectively in a cross-functional environment Why Work For Us Our vision is to discover what lies beyond the obvious, achieve breakthroughs for our clients, and persist as an industry leader.
Our mission is to be the leader in the integration of actuarial science, data science, and information technology to solve our clients’ most demanding challenges.
We combine traditional actuarial principles with non-traditional solutions and communicate honestly and independently.
We believe that diverse perspectives and approaches are business imperatives, and these can only stem from a diverse group of people.
Investing in our people and local communities while delivering unequaled value to our clients is core to our mission at Oliver Wyman.
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 compensation program that rewards colleagues for the contributions they make to our business results, including year-end bonuses based on personal and corporate performance.
About Oliver Wyman Oliver Wyman is a global leader in management consulting.
With offices in more than 70 cities across 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation.
The firm has 7,000 professionals around the world who work with clients to optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities.
Oliver Wyman is a business of Marsh McLennan [NYSE: MMC]. For more information, visit www.
oliverwyman.
com .
Follow Oliver Wyman on X @OliverWyman.
Oliver Wyman is committed to the principles for equal employment opportunity and complies with all relevant federal, state, and local laws.
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 (including protected veterans), or any other characteristic protected by applicable law.
If you have a need that requires accommodation, please let us know by contacting TANA@mmc.
com .
The applicable base salary range for this role is $72,000 - $130,000 The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, exams, 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.
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