Company:Oliver Wyman
Description:Location(s): Ideal: NYC, Philadelphia, Chicago, Charlotte, Atlanta, Houston, Los Angeles; but open to other locations
Position Summary 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 - Data Analytics: Conduct extensive data analyses, managing large datasets to inform strategic decision-making.
- Technical Guidance: Provide insights into actuarial methodologies, ensuring high-quality outputs and adherence to governance frameworks.
- Stakeholder Collaboration: Engage effectively with clients and senior stakeholders, translating complex findings into actionable recommendations.
- Cross-Disciplinary Collaboration: Opportunities to work with engineering teams to translate actuarial specifications into technical requirements and validate outcomes.
- Quality Management: Ensure compliance with regulatory standards and internal best practices, rigorously validating data, model outputs and assumptions.
- Innovation Contribution: Enhance tools, processes, and methodologies to drive operational excellence within the practice.
Qualifications Required
- Education: BA/BS degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, or a related field.
- Experience: 3+ years of actuarial experience. Commitment to pursuing CAS actuarial credentials with a minimum of 3 passed actuarial exams.
- Communication Skills: Exceptional verbal and written skills to convey complex information effectively to diverse audiences.
- Analytical Mindset: Strong problem-solving capabilities; intellectual curiosity to meet tight deadlines.
- Microsoft Suite: Advanced Excel for data analysis and reporting.
- Strong Organizational Skills: ability to prioritize, manage multiple tasks and meet project objectives and deadlines.
Preferred
- AI Proficiency: Experience utilizing AI technologies for modeling and analytics.
- Programming: Knowledge of programming languages (Python, R, SQL is a plus)
The applicable base salary range for this role is $70,000 - $130,000
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.
We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.