Company:
Oliver Wyman
Description:
Oliver Wyman is currently seeking a P&C Actuarial Manager to join our growing Property & Casualty Actuarial Consulting Practice. This position requires the candidate to work closely with our consultants and analysts to independently analyze complex problems and develop workable solutions for our clients, which include large corporations, captive insurance companies, state regulators, and P&C insurance companies. The candidate will have significant interaction and visibility with Oliver Wyman’s exciting and diverse client portfolios.
Primary responsibilities include:
- Primary focus on loss reserving but additional projects include pricing/ratemaking, predictive modeling, economic capital modeling, and warranty and loyalty rewards programs
- Manage new projects and take over existing projects with minimal principal involvement, serving as day-to-day project point person and effectively managing client communications
- Review the work of analysts, ensuring technical accuracy and integrity on a wide variety of analyses, templates and exhibits
- Support training, developing and mentoring of analysts on project teams to aide in their career growth
- Prepare production of exhibits and written reports to present findings to clients
- Attend and participate in client meetings as required
- Develop and maintain strong relationships for business development activities, including assisting in the preparation of proposals and presentations for prospective clients
Skills and Experience
- BA/BS degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, or related field
- 8+ years of actuarial experience in the property & casualty industry, with a preference for prior actuarial consulting experience
- Near, or already obtained ACAS/FCAS credentials
- Strong organizational skills with an ability to prioritize and oversee multiple tasks in a demanding work environment
- Excellent analytical abilities with the ability to develop client-oriented solutions
- Excellent interpersonal skills; strong oral and written communications skills
- Understanding of the value of collaboration and the ability to work effectively in a team setting
- Ability to manage a heavy work volume and meet deadlines in an extremely fast paced environment
- Self-starter, strong initiative, confidence and ability to work with little guidance
- Deep critical-thinking skills and problem-solving ability
- Highly motivated individual and willingness to work in a dynamic environment
- Strong command of Microsoft Office, Excel, Word, and PowerPoint, etc.
- R, SAS, SQL, or VBA experience a plus
Oliver Wyman is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit oliverwyman.com, or follow us on LinkedIn and X.
The Actuarial Practice of Oliver Wyman, a Marsh business, advises clients across a broad spectrum of risk management issues. We are a rapidly growing group with offices expanding 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.
Marsh is committed to creating 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, or any other characteristic protected by applicable law.
Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.