P&C Practice - Actuarial Consultant

About the role

As a consultant in our P&C Actuarial Practice, you will engage in transformative client projects, leveraging your technical expertise and strategic insights to develop, validate, and operationalize actuarial models and methodologies. This role offers a chance to work collaboratively with cutting-edge technologies, including AI, to deliver impactful solutions around more traditional actuarial projects involving pricing, reserving, and capital modeling.

Responsibilities

• Conduct extensive data analyses, managing large datasets to inform strategic decision-making.
• Provide insights into actuarial methodologies, ensuring high-quality outputs and adherence to governance frameworks.
• Engage effectively with clients and senior stakeholders, translating complex findings into actionable recommendations.
• Opportunities to work with engineering teams to translate actuarial specifications into technical requirements and validate outcomes.
• Ensure compliance with regulatory standards and internal best practices, rigorously validating data, model outputs and assumptions.
• Enhance tools, processes, and methodologies to drive operational excellence within the practice.

Qualifications

• BA/BS degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, or a related field.
• 3+ years of actuarial experience.
• Commitment to pursuing CAS actuarial credentials with a minimum of 3 passed actuarial exams.
• Exceptional verbal and written skills to convey complex information effectively to diverse audiences.
• Strong problem-solving capabilities; intellectual curiosity to meet tight deadlines.
• Advanced Excel for data analysis and reporting.
• Strong organizational skills: ability to prioritize, manage multiple tasks and meet project objectives and deadlines.

Preferred

• Experience utilizing AI technologies for modeling and analytics.
• Knowledge of programming languages (Python, R, SQL is a plus).

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.

Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.