Consultant
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 have interaction and visibility with Oliver Wyman’s clients, which include large self-insured corporations, captive insurance companies, state regulators, and P&C insurance companies.
Projects and responsibilities 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
Skills and Experience
- Bachelor’s and/or Master’s degree in Actuarial Science, Mathematics, Statistics, Finance or a related field
- Minimum of two actuarial exams passed, additional exam progress towards ACAS/FCAS is preferred
- 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 is a plus
- 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
- Strong command of Microsoft Office, Excel, Word, and PowerPoint, etc.
- R, SAS, SQL, or VBA experience a plus
