P&C Practice - Actuarial Manager/Senior Manager
About The Position
The Property and Casualty Consulting Practice assists (re) insurance companies, self-insured corporations, government entities, and other organizations with all aspects of managing property and casualty insurance exposures. We guide P&C clients on their qualitative assessment and quantification of risk and loss exposures, and offer advice on a range of issues, from external business strategy and internal risk management to economic capital modeling and new product development. 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 .
Requirements
- BA/BS degree
- 5 + years of actuarial experience
- A CAS or FCAS credentials.
- Exceptional verbal and written skills to convey complex information effectively to diverse audiences.
- Strong problem-solving capabilities to develop client-oriented solutions
- intellectual curiosity to meet tight deadlines.
- A bility to prioritize , manage multiple tasks and meet project objectives and deadlines.
- Advanced Excel / Power Point for data analysis and reporting.
Nice To Haves
- Experience utilizing AI technologies for modeling and analytics.
- Knowledge of programming languages (Python, R, or SQL is a plus )
Responsibilities
- Reserving
- Pricing/ratemaking
- Predictive modeling
- Economic capital modeling
- Warranty and loyalty rewards programs
- Oversee new and existing projects with minimal principal involvement, serving as the main project contact and effectively managing client communications.
- Review analysts' work to ensure technical accuracy and integrity across various analyses, templates, and exhibits.
- Prepare exhibits and written reports to effectively present findings to clients.
- Actively attend and participate in client meetings as .
- Helping to b uild and maintain strong relationships for business development activities, assisting in proposals and presentations for prospective clients.
- Engage effectively with clients and senior stakeholders, translating complex findings into actionable recommendations.
- Opportunities to w ork 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.
- Support the training, development, and mentoring of analysts within project teams to aid their career growth.
Benefits
- Oliver Wyman offers a performance-based pay program that rewards colleagues for the contributions they make to our business results, including year-end bonuses based on personal and corporate performance.
- We also offer an impressive array of benefits.
- Explore all the benefits offered at US Benefits | Marsh McLennan.
- health and welfare benefits
- tuition assistance
- 401K savings and other retirement programs as well as employee assistance programs.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
