Oliver Wyman Actuarial - P&C -Principal
Oliver Wyman · New York, NY · 2 mo ago
HybridEducation$180k–$250k/yrFull-time
Responsibilities
- Lead large, complex actuarial engagements for insurers, reinsurers, captives, self-insured entities, and corporate clients.
- Serve as the client lead, overseeing project execution, delivery quality, timelines, and client satisfaction.
- Provide strategic guidance and technical oversight across engagements which may include: Loss reserving, Pricing and ratemaking, Predictive modeling, Economic capital modeling, Risk analytics, Warranty and loyalty programs.
- Translate complex actuarial analyses into actionable business insights and executive-level recommendations.
- Ensure technical accuracy, data integrity, and compliance with quality standards.
- Drive revenue growth by identifying expansion opportunities within existing accounts and developing new client relationships.
- Partner with regional leaders and cross-functional teams to support strategic growth initiatives.
- Lead or support proposals, RFP responses, client presentations, and thought leadership efforts.
- Build and maintain strong relationships with senior client stakeholders, brokers, and industry partners.
- Contribute to market visibility through conference participation, intellectual capital development, and industry engagement.
- Help shape and execute regional and practice-level growth strategies.
- Champion the use of AI, analytics, automation, and emerging technologies to enhance actuarial modeling, reporting, and operational efficiency.
- Partner with engineering, analytics, and modernization teams to translate actuarial business needs into scalable technical solutions.
- Identify opportunities to modernize client delivery models and improve the efficiency and quality of actuarial workflows.
- Support development of innovative tools, methodologies, dashboards, and AI-enabled capabilities across the practice.
- Stay informed on industry trends and evolving technologies impacting actuarial consulting and insurance operations.
Qualifications
- BA/BS degree in Actuarial Science, Mathematics, Statistics, Economics, or related field.
- ACAS or FCAS credential required.
- 10+ years of actuarial consulting or insurance industry experience within Property & Casualty.
- 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.
- Advanced proficiency in Excel and PowerPoint.
- Preferred: Experience leveraging AI technologies, automation tools, or advanced analytics within actuarial or consulting environments.
- Knowledge of programming languages such as Python, R, SQL, or similar analytical tools.
- Experience working with cross-functional technology or engineering teams.
- Thought leadership or industry visibility through publications, speaking engagements, or professional organizations.