Oliver Wyman Actuarial and Strategy Consultant – Integrated Consulting Group

Oliver Wyman GroupChicago, IL
23h$90 - $100Hybrid

About The Position

Oliver Wyman is a global leader in management consulting. With offices in 60 cities across 29 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 5,000 professionals around the world who work with clients to optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman is a wholly owned subsidiary of Marsh & McLennan Companies [NYSE: MMC]. For more information, visit www.oliverwyman.com. The Integrated Consulting Group (ICG) is a partnership between Oliver Wyman’s Actuarial and Management Consulting teams. Members work on a wide variety of projects for Insurers and Asset Managers, combining technical actuarial skills with a strategic mindset to create transformative moments for our clients. We provide leading analytical thinking and strategic insight to succeed in a rapidly evolving competitive, regulatory, and capital markets environment. Our work spans a range of topics, including underwriting and pricing, strategy development, M&A, financial effectiveness, product design and management, operational excellence, and distribution. Our consulting roles offer excellent career and growth opportunities for talented, highly motivated professionals with relevant prior experience. As a professional member of our firm, your initial responsibilities will include: Execution of individual project workstreams. This typically includes developing hypotheses; managing data collection, model creation and analyses; conducting primary and secondary research; creatively tackling information limitations; and surfacing insights Synthesizing findings into written and visual presentations; reviewing and discussing with clients and other stakeholders Supporting our Partner group in project delivery through accurate and high-quality execution

Requirements

  • Graduate of the class of 2026 or candidates with 1-2 years of experience
  • Currently pursuing or have completed a Bachelor’s degree in Actuarial Science, Statistics, Mathematics, or other STEM field
  • Have successfully passed at least 1 actuarial exam
  • Willingness to get into the inner workings of insurance products
  • Track record of delivering against tight deadlines in fast-paced, demanding environments
  • Strong background in strategic problem solving with demonstrable analytical skills
  • Outstanding written and verbal communication skills
  • Willingness to travel
  • Unrestricted U.S. work authorization is required for U.S. office locations. Oliver Wyman does not offer sponsorship for this position. Please note that CPT and OPT are restricted forms of work authorization.

Responsibilities

  • Execution of individual project workstreams. This typically includes developing hypotheses; managing data collection, model creation and analyses; conducting primary and secondary research; creatively tackling information limitations; and surfacing insights
  • Synthesizing findings into written and visual presentations; reviewing and discussing with clients and other stakeholders
  • Supporting our Partner group in project delivery through accurate and high-quality execution

Benefits

  • Our consultants learn on the job and receive formal training to develop their communication, presentation, analytical, and client management skills.
  • We believe in flexibility, including the opportunity of hybrid working.
  • You are also invited to join our employee resource groups and social activities

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What This Job Offers

Job Type

Full-time

Career Level

Entry Level

Number of Employees

1,001-5,000 employees

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