Actuarial Consultant

Company:

Oliver Wyman

Description:

Consultant

Oliver Wyman is currently seeking candidates to join our growing Property & Casualty Actuarial Consulting Practice as an Actuarial Consultant. This position requires the candidate to work as part of a team of professionals to independently analyze complex problems and develop workable solutions for self-insured clients. The candidate will have interaction and visibility with Oliver Wyman’s clients, which include large self-insured corporations, captive insurance companies, state regulators, and P&C insurance companies.

Projects and responsibilities include:

• Focus on loss reserving projects with additional engagements in pricing/ratemaking, predictive modeling, economic capital modeling, and loyalty rewards programs
• Demonstrated ability to join existing projects, taking ownership of project task/responsibilities, and ensuring seamless client communication
• Review and validate the work of analysts, ensuring technical accuracy and integrity on a wide variety of analyses, templates and exhibits
• Compile, verify and/or reasonability check client data
• Apply complex actuarial theories and principles to create statistical models
• Prepare and/or oversee production exhibits and written reports to present findings
• Assist or lead in the preparation of proposals and presentations for prospects
• Attend client meetings, marketing/sales presentations as required

Skills and Experience

• Bachelor’s and/or Master’s degree in Actuarial Science, Mathematics, Statistics, Finance or a related field
• Minimum of two actuarial exams passed, additional exam progress towards ACAS/FCAS is preferred
• 4+ years of actuarial experience in the property and casualty industry, and with Property and Casualty clients such as, large self-insured corporations, captives, (re)insurers, state regulators. Previous consulting experienced is a plus
• Exceptional organizational skills, with an ability to prioritize and handle multiple tasks in a fast-paced work environment
• Excellent written and verbal communication skills, with the ability to build strong relationships with clients, colleagues, and industry stakeholders
• Proven ability to foster a culture of inclusiveness, innovation, and continuous improvement within the practice and across the broader organization
• Willingness to travel as needed to support client engagements and business development activities
• Self-motivated and proactive, with a demonstrated ability to develop client-oriented solutions
• Collaborative team player, capable of working effectively in a cross-functional environment
• Strong command of Microsoft Office, Excel, Word, and PowerPoint, etc.
• R, SAS, SQL, or VBA experience a plus