Oliver Wyman Actuarial - P&C - M&A Principal

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 assessment 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.

About the role

Oliver Wyman is seeking a high-performing Principal to join the mergers and acquisitions (“M&A”) team and lead the management, execution, and delivery of projects for Oliver Wyman’s clients, which include top tier insurance and reinsurance companies, alternative asset managers, private equity firms, investment banks, law firms, and regulators. This role combines deep actuarial expertise with strategic leadership, client relationship management, and business development responsibility. The ideal candidate is a commercially minded leader who can oversee large client portfolios, develop trusted executive relationships, mentor teams, and identify opportunities to expand the practice’s impact across the insurance ecosystem.

Responsibilities

• Lead 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.
• Lead client sales meetings and proposal development.
• Work in partnership with our management consulting and actuarial practices in the US and globally.

Qualifications

• BA/BS degree in Actuarial Science, Mathematics, Statistics, Economics, Finance or related field.
• 10+ years of professional actuarial experience in consulting or insurance.
• FCAS credential required.
• Demonstrated success managing client relationships and leading complex engagements.
• Proven business development experience, including generating new opportunities and expanding client relationships.
• Strong project management and organizational skills, with the ability to manage multiple priorities in a fast-paced environment.
• Exceptional written and verbal communication skills with the ability to influence diverse audiences.
• Strong analytical and problem-solving capabilities with a client-oriented mindset.
• Ability to deliver against tight deadlines in fast-paced, demanding environments.
• Detailed 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.
• Prior M&A experience is preferred but not required.

Benefits

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 including health and welfare benefits, tuition assistance, 401K savings and other retirement programs, as well as employee assistance programs.

Pay

The applicable base salary range for this role is $180,000 – $250,000. The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and 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 may be eligible for performance-based incentives.

Schedule

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.