Oliver Wyman – Senior Manager – P&C

Office/Regions available: Atlanta, Charlotte, Chicago, Dallas, Houston, Los Angeles, Nashville, New York, and San Francisco; other office/regions will be considered

Company Overview

The Actuarial Practice of Oliver Wyman 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.

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 clients by analyzing their risk and loss exposures qualitatively and quantitatively, 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: Senior Manager - Actuarial P&C

Office/Regions available: Atlanta, Charlotte, Chicago, Dallas, Houston, Los Angeles, Nashville, New York, and San Francisco; other office/regions will be considered

Oliver Wyman is searching for an experienced actuary to join our Property & Casualty Actuarial Consulting Practice as a Senior Manager. This candidate will be responsible for leading a team of consultants and analysts, overseeing projects in various sizes and complexities, to develop workable solutions for our clients. Our clients include large corporations, captive insurance companies, state regulators, and P&C insurance companies. The candidate will collaborate with senior colleagues to lead client interactions and maintain a strong presence with Oliver Wyman’s exciting and diverse client portfolios.

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.

We provide a competitive compensation and benefits package, including a performance-based bonus, an Actuarial Study Program, and a supportive and flexible work environment. Explore all the benefits offered at US Benefits | Marsh McLennan.

Primary responsibilities include:

Expertise to manage a wide range of projects. Primary focus on loss reserving with additional projects including pricing/ratemaking, predictive modeling, economic capital modeling, and warranty and loyalty rewards programs. Client portfolio will likely include large corporations, captive insurance companies, state regulators, and P&C insurance companiesDemonstrating autonomy and minimal principal involvement while managing workload. Serve as the primary point of contact for day-to-day project management and effectively handle client communications; potentially serving as a subject matter expert for specific project workReview the work peers, ensuring technical accuracy and integrity on a wide variety of analyses, templates and exhibitsHelp manage the training, development and mentoring of junior staff on project teamsCreate presentations and written reports to present findings and solutions to clientsBecome a driving contributor in client meetings as warrantedMaintain strong client relationships for further business development activities, including preparation of proposals and presentations for prospective clients

Skills and Experience

Bachelor’s and/or Master’s degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, or related fieldExtensive actuarial experience in the property & casualty industry, either consulting, with an insurance company, or combination of the industriesACAS or FCAS actuarial credentialStrong organizational skills with an ability to prioritize and oversee multiple projects in a demanding work environmentAdvanced analytical skills with the ability to address complex client-oriented problemsExcellent interpersonal skills; strong oral and written communications skillsUnderstanding of the value of collaboration and the ability to work effectively in a team settingAbility to manage a heavy work volume and meet deliverables in an extremely fast paced environmentHighly motivated self-starter, showing strong initiative, confidence and the ability to lead a teamDeep critical-thinking skills and problem-solving abilityAdvanced proficiency and command of Microsoft Office, Excel, Word, and PowerPoint, etc.Experience with R, SAS, SQL, VBA or other programming languages is preferred

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

Oliver Wyman is committed to the principles for equal employment opportunity and complies with all relevant federal, state, and local laws.

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.

The applicable base salary range for this role is $120,000 - $200,000.

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 will be eligible for performance-based incentives.