Oliver Wyman Actuarial - Class of 2027 Full-Time Consultant and Analyst Roles

Marsh McLennan • Boston, NY

21h • Hybrid

About The Position

Oliver Wyman is a global management consulting firm with a significant Actuarial Practice that provides specialized services to insurers, provider systems, regulators, and private equity firms. The practice leverages actuarial expertise, advanced analytics, and technology to solve complex problems. This hiring round is for full-time Consultant and Analyst roles within the Actuarial Practice, with opportunities in the Integrated Consulting Group (ICG), Health, and Life practices. Candidates will be asked to rank their preferred practice areas and will be aligned with available office locations during the interview process. Note that the Property & Casualty (P&C) practice is not currently hiring full-time candidates, but P&C exposure is available within ICG.

Requirements

• Currently pursuing a degree in Actuarial Science, Mathematics, Statistics, or another STEM or business-related field
• Class of 2027
• Minimum GPA of 3.5
• At least 1 actuarial CAS or SOA exam passed (or willingness to take actuarial exams) OR interest in pursuing the CFA designation
• Strong interest in both strategy consulting and actuarial applications
• Strong analytical and problem-solving skills
• Excellent written and verbal communication
• Ability to manage multiple priorities in a fast-paced environment
• Collaborative mindset with the ability to work independently
• Pursuing or recently completed a degree in Actuarial Science, Mathematics, Statistics, or a related field
• At least 1 actuarial exam passed (required)
• Strong analytical and quantitative skills
• Candidates must have permanent, unrestricted U.S. work authorization. Visa sponsorship is not available for this role. (Please note, CPT and OPT are considered restricted forms of work authorization)

Nice To Haves

• Technical skills (preferred): Excel; familiarity with R, Python, SQL, SAS, or VBA
• Relevant experience in life insurance or actuarial work (not required)
• Relevant experience in health or actuarial work (not required)

Responsibilities

• Analyze complex business problems using data, models, and structured thinking.
• Conduct research and synthesize insights into clear recommendations.
• Develop client-ready materials (presentations, models, summaries).
• Collaborate with teams to support project delivery.
• Develop and run actuarial models for valuation, pricing, and projections.
• Analyze results and perform sensitivity testing to assess key drivers.
• Support assumption development through data analysis and research.
• Prepare clear analyses and contribute to client deliverables.
• Build and analyze actuarial models to support pricing and financial decisions.
• Work with healthcare datasets (e.g., claims) to identify trends and insights.
• Translate technical analyses into clear, client-ready deliverables.
• Collaborate with teams to ensure high-quality, timely execution.

Benefits

• Actuarial exam support program (paid study time, exam reimbursement, study materials, first-time pass incentives)
• Performance-based incentives
• Health and wellness benefits
• 401(k) and retirement programs
• Employee assistance programs
• Opportunity of hybrid working
• Colleague resource groups and social activities

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level