Oliver Wyman Actuarial – M&A Consulting Actuary – US P&C

About the role

The US P&C Actuarial Practice of Oliver Wyman works with organizations to manage their insurance risks using advanced actuarial and modeling techniques and has employees across over a dozen offices globally. We are looking for a Consulting Actuary to join the mergers and acquisitions (“M&A”) team. The new M&A Consulting Actuary is expected to contribute to a broad range of due diligence and analytical efforts, including support across reinsurance and acquisition processes, both in the US and globally.

Responsibilities

• Execute actuarial due diligence projects for M&A and reinsurance transactions, including review of actuarial reports, data and models to assess the adequacy of the target reserve estimates, loss ratio projections, pricing & underwriting practices, etc.
• Quantify downside risk associated with potential transactions using stochastic models
• Conduct exploratory data analysis on exposure/loss data to uncover important business shifts; decompose complex datasets into simple narratives and recommendations
• Develop executive level management reports, including development of data visualizations
• Present findings to senior management and C-suite executives
• Develop network of contacts throughout the industry via participation in deals, industry conferences, and other events
• Participate in client sales meetings and proposal development
• Work in partnership with our management consulting and actuarial practices in the US and globally

Skills and Attributes

• BA/BS degree in Actuarial Science, Mathematics, Statistics, Economics, Finance or related field
• 3+ years of professional actuarial experience in consulting or insurance
• FCAS credential required
• Broad exposure to P&C insurance in areas such as pricing, reserving, data & analytics, or risk management, with subject matter expertise in at least one area – and preferably across multiple lines of business
• Ability to lead and manage projects, including effective delegation and client solution development
• Proficiency in open-source programming languages such as Python or R
• Ability to deliver against tight deadlines in fast-paced, demanding environments
• Detail oriented with the ability to work on multiple projects concurrently
• Evidence of intellectual curiosity and ability to think strategically and creatively
• Self-motivated, an entrepreneurial attitude, and not afraid of long hours
• Strong communication skills
• Prior M&A experience is preferred but not required

Pay

The applicable base salary range for this role is USD $100,000 to $195,000. The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, 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.