Marsh McLennan

P&C Practice - Actuarial Manager/Senior Manager

Marsh McLennan • $85K — $230K *
Charlotte, NC 28269In-Person
Finance & Insurance
5 - 7 years of experience
Reposted 3 days ago
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Job Overview by Ladders

Qualifications

  • BA/BS degree in a relevant field
  • 5+ years of actuarial experience with ACAS or FCAS credentials
  • Exceptional verbal and written communication skills
  • Strong analytical mindset and problem-solving capabilities
  • Excellent organizational skills with ability to prioritize tasks
  • Advanced proficiency in Microsoft Excel and PowerPoint
  • Preferred experience with AI technologies and programming languages like Python, R, or SQL

Responsibilities

  • Manage a variety of actuarial projects including reserving, pricing, and predictive modeling
  • Oversee project execution and client communications with minimal principal involvement
  • Review and validate work produced by analysts for technical accuracy
  • Prepare reports and exhibits to present findings clearly to clients
  • Engage in client meetings to discuss project scopes and findings
  • Assist in business development through proposals and client interactions
  • Collaborate with engineering teams to validate technical outcomes

Benefits

  • Employee groups supporting diverse communities
  • Performance-based pay including potential year-end bonuses
  • Comprehensive health and welfare benefits
  • Tuition assistance and 401K savings programs
  • Flexible hybrid work environment, balancing remote work with in-office collaboration
Full Job Description
Company:
Oliver Wyman

Description:

Location(s): Ideal: NYC, Philadelphia, Chicago, Charlotte, Atlanta, Houston, Los Angeles; but open to other locations

Position Summary

As a Manager/Senior Manager in our P&C Actuarial Practice, you will work closely with our consultants and analysts to independently analyze complex problems and develop workable solutions for our clients, including (re)insurance companies, large corporations, captive insurance companies, and state regulators. The candidate will have significant interaction and visibility with Oliver Wyman's exciting and diverse client portfolios. 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

  • Project Work: A variety of projects could include reserving, pricing/ratemaking, predictive modeling, economic capital modeling, and warranty and loyalty rewards programs.


  • Project Management: Oversee new and existing projects with minimal principal involvement, serving as the main project contact and effectively managing client communications.


  • Analytical Review: Review analysts' work to ensure technical accuracy and integrity across various analyses, templates, and exhibits.


  • Exhibits and Reporting: Prepare exhibits and written reports to effectively present findings to clients.


  • Client Engagement: Actively attend and participate in client meetings as required.


  • Business Development: Helping to build and maintain strong relationships for business development activities, assisting in proposals and presentations for prospective clients.


  • 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.


  • People Management: Support the training, development, and mentoring of analysts within project teams to aid their career growth.


Qualifications

Required

  • Education: BA/BS degree


  • Experience: 5+ years of actuarial experience; ACAS or FCAS credentials.


  • Communication Skills: Exceptional verbal and written skills to convey complex information effectively to diverse audiences.


  • Analytical Mindset: Strong problem-solving capabilities to develop client-oriented solutions; intellectual curiosity to meet tight deadlines.


  • Strong Organizational Skills: Ability to prioritize, manage multiple tasks and meet project objectives and deadlines.


  • Microsoft Suite: Advanced Excel / PowerPoint for data analysis and reporting.


Preferred

  • AI Proficiency: Experience utilizing AI technologies for modeling and analytics.


  • Programming: Knowledge of programming languages (Python, R, or SQL is a plus).


The applicable base salary range for this role is $85,000 - $230,000.

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.

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.

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
Finance & Insurance
Net Income
$2 billion
Founded
1914
5 Year Trend
+8.5%
Revenue
$17.2 billion
NASDAQ
MMC
* Ladders Estimates

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