Marsh McLennan

Oliver Wyman Actuarial - Manager - US Life

Marsh McLennan$100K — $195K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in actuarial analysis or project management.
  • Proficient in Excel, SAS, AXIS, and related software for data analysis.
  • Strong understanding of life and annuity pricing models and capital market risks.
  • Demonstrated ability to mentor junior staff and review their analyses for accuracy.
  • Effective communication skills to draft client reports and make presentations.

Responsibilities

  • Manage small repeat projects and guide junior team members in analyses.
  • Review data analyses for actuarial soundness and model accuracy.
  • Perform and review moderately complex analyses and cost projections.
  • Draft client reports and presentations based on project findings.
  • Assist in day-to-day client management and resolution of project issues.
  • Participate in the development of intellectual capital for life insurance offerings.
  • Identify areas for business growth and support proposal efforts.

Benefits

  • Hybrid work environment with flexible remote work arrangements.
  • Opportunity for professional development and collaboration in-office.
  • Performance-based incentives in addition to base salary.
Full Job Description
Manages small repeat projects or provides guidance and project management to junior project team members in running analyses to identify and calculate capital market and mortality risks and evaluate existing actuarial life and annuity models.

Reviews data analyses that are conducted by junior staff members, in order to ensure actuarial soundness, correct use of models or products, and to assist in the development of junior staff members.

Performs and reviews moderately complex analyses and cost projections by using or modifying existing life and annuity pricing models in Excel, SAS, AXIS, and other software, with minimal input from senior project team members.

Drafts client reports or presentations, with input from senior project team members, to summarize findings and implications, and to recommend a strategy or solution to the client.

Assists senior project team members with day-to-day client contact/management to resolve project-related questions and challenges.

Participates in development of intellectual capital in order to further develop the company's offerings, as well as knowledge of life insurance actuarial services and products.

Assists senior project team members in the development of business by identifying potential areas of business growth in existing projects and by providing assistance during proposal efforts or in responding to requests for information.

The applicable base salary range for this role is $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.

Marsh McLennan 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 McLennan 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.

About Marsh McLennan

Marsh McLennan Careers

Join the exceptional team at Marsh McLennan, a global leader in professional services, offering unparalleled job opportunities in insurance, risk management, and consultancy. As the company propels forward, it invites dedicated professionals to contribute to a culture of innovation, leadership, and growth.

Work You’ll Do

At Marsh McLennan, you will engage with complex challenges that push the boundaries of your skills and knowledge. Our team thrives on diversity and the shared goal of delivering impactful solutions to our clients worldwide. By joining us, you will be part of a culture that values diversity training and leadership development, ensuring every team member is equipped for success.

Explore Professional Growth

Marsh McLennan is committed to the professional growth of its employees. Whether you are seeking a position that offers a path to leadership or looking for robust internship programs to kickstart your career, Marsh McLennan provides the resources and global platform to propel your ambitions into achievements. Our benefits package is designed to support the well-being and continuous professional development of all staff, from entry-level to senior leadership roles.

Innovative Work Environment

Our company is at the forefront of industry innovation. The collaboration between experienced professionals and fresh talent generates dynamic solutions that keep Marsh McLennan at the cutting edge of the industry. Our team is encouraged to lead with creativity and embrace new ideas, driving the company’s legacy of pioneering industry-first solutions.

Join Our Team

Marsh McLennan is hiring! Explore the multitude of job opportunities on our careers page, from strategic advisory roles to operational excellence positions. We look for passionate, curious, and solution-driven team players. Enhance your career with Marsh McLennan, where your skills will be honed through challenging projects and high-impact strategies.

Networking and Career Advancement

Networking at Marsh McLennan opens doors to enriching connections and countless opportunities within the industry. Our professionals benefit from an environment that fosters networking through events, professional groups, and collaborative projects. With Marsh McLennan, career advancement is not just a possibility—it is an expectation.

Prepare for Your Interview

Ready to apply? Make sure your resume highlights your most relevant experiences and skills tailored to the position you are applying for. Our interview process is designed to understand your capabilities and fit with our team’s goals and values. Prepare to discuss how your background, experiences, and professional aspirations align with the opportunities at Marsh McLennan.

Stay Connected

Keep up to date with the latest from Marsh McLennan: - **Career Insights**: Gain insider perspectives and industry-leading insights through our careers blog. - **Job Alert Emails**: Personalize your subscription to receive job alerts and the latest news tailored to your preferences. Discover the rewarding career opportunities awaiting at Marsh McLennan, where your professional journey is just the beginning. Join us in shaping a future defined by insight, integrity, and innovation.
Learn more about Marsh McLennan
Size
83,000 employees
Market Cap
$82.6 billion
Industry
Net Income
$2 billion
Founded
1914
5 Year Trend
+8.5%
Revenue
$17.2 billion
NASDAQ

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