Oliver Wyman – Actuarial Analyst (2025) – Property & Casualty

Marsh McLennan•Chicago, IL

About The Position

Oliver Wyman is seeking P&C Analyst(s) to support our growing Property & Casualty Actuarial Consulting Practice. This position requires the candidate to work closely with our consultants to independently analyze complex problems and develop workable solutions for our clients, which include large corporations, captive insurance companies, state regulators, and healthcare provider systems. The candidate will eventually have significant interaction and visibility with Oliver Wyman’s exciting and diverse client portfolios. Potential projects may include: Assist in a wide range of actuarial projects. Focus will be on loss reserving but additional projects include pricing/ratemaking, predictive modeling, economic capital modeling, and loyalty rewards programs. Compile and verify client data Setup spreadsheet analysis, templates, and exhibits Prepare production exhibits and written reports to present findings Attend client meetings as required Assist in the preparation of proposals and presentations for prospects Attend marketing/sales presentations as required Oliver Wyman seeks to invest in its people by fostering a safe and inclusive environment, respecting and welcoming different perspectives, promoting an ownership culture, providing opportunities for individuals to develop their personal brand, and celebrating successes and rewarding performance. We provide a competitive compensation and benefits package, including a performance-based bonus, an Actuarial Study Program and a supportive and flexible work environment.

Requirements

Bachelor’s or Master’s degree, preferably in Actuarial Science, Mathematics, Statistics, Finance, or a related field
Actively pursuing actuarial credentials
Strong organizational skills with an ability to prioritize and handle multiple tasks
Excellent interpersonal skills; strong oral and written communications skills
Ability to manage in a fast-paced environment
Ability to undertake instructions for project tasks and produce quality and timely results
Self-starter, strong initiative, confidence and ability to work with little guidance, but still being a collaborative teammate
Strong command of Microsoft Office, Excel, Word, and PowerPoint, etc.
Unrestricted U.S. work authorization is required.
Oliver Wyman does not offer sponsorship for this position.

Nice To Haves

Any property & casualty experience will receive strong consideration
R, SAS, SQL, or VBA experience a plus

Responsibilities

Assist in a wide range of actuarial projects.
Focus will be on loss reserving but additional projects include pricing/ratemaking, predictive modeling, economic capital modeling, and loyalty rewards programs.
Compile and verify client data
Setup spreadsheet analysis, templates, and exhibits
Prepare production exhibits and written reports to present findings
Attend client meetings as required
Assist in the preparation of proposals and presentations for prospects
Attend marketing/sales presentations as required