Oliver Wyman - Principal - P&C

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: Principal - Actuarial P&C

Office/Regions available: Atlanta, Charlotte, Dallas, Houston, Nashville; other office/regions may be considered

Oliver Wyman is currently seeking an experienced actuary to join the Property & Casualty Actuarial Consulting Practice as a Principal. 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 significant engagement and interaction with Oliver Wyman’s clients, which include large self-insured corporations, captive insurance companies, state regulators, and healthcare providers.

Potential projects and responsibilities may include:

Demonstrated ability to lead and manage relationships with Oliver Wyman clients. Managing a diverse range of actuarial projects, including loss reserving, pricing/ratemaking, predictive modeling, economic capital modeling, and loyalty rewards programs. Taking ownership of day-to-day project management responsibilities, and ensuring seamless client communication, and leading client meetings as requiredReview and validate the work of deliverables, ensuring technical accuracy and integrity on a wide variety of analyses, templates and exhibitsActively oversee the training, development and mentorship of staff, fostering their career growth and professional advancement through the companyPrepare and deliver high-quality exhibits and written reports to effectively present findings and recommendation to clientsSeeking to find ways to strengthen client relationships and drive business development activities, including guiding the preparation of proposals and presentations for prospective clients

Qualifications and Desired Skills

ACAS/FCAS credentials, with 12+ years of consulting experience focused on Property and Casualty clients, including self-insureds, captives, and (re)insurersExceptional 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 stakeholdersProven ability to foster a culture of inclusiveness, innovation, and continuous improvement within the practice and across the broader organizationWillingness to travel as needed to support client engagements and business development activitiesSelf-motivated and proactive, with a demonstrated ability to develop client-oriented solutionsCollaborative team player, capable of working effectively in a cross-functional environment

Why Work for Us

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 pay program that rewards colleagues for the contributions they make to our business results, including year-end bonuses based on personal and corporate performance. We also offer an impressive array of benefits. Explore all the benefits offered at US Benefits | Marsh McLennan.

For more information, please visit our website at www.oliverwyman.com/actuaries.

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.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people regardless of their sex/gender, marital or parental status, ethnic origin, nationality, age, background, disability, sexual orientation, gender identity 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.