P&C Practice - Actuarial Consultant

Marsh McLennan • Los Angeles, CA

23h • $70,000 - $130,000

About The Position

As a consultant in our P&C Actuarial Practice, you will engage in transformative client projects, leveraging your technical expertise and strategic insights to develop, validate, and operationalize actuarial models and methodologies. 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 in Actuarial Science, Mathematics, Statistics, Economics, Finance, or a related field.
• 3+ years of actuarial experience.
• Commitment to pursuing CAS actuarial credentials with a minimum of 3 passed actuarial exams.
• Exceptional verbal and written skills to convey complex information effectively to diverse audiences.
• Strong problem-solving capabilities; intellectual curiosity to meet tight deadlines.
• Advanced Excel for data analysis and reporting.
• Strong Organizational Skills: ability to prioritize, manage multiple tasks and meet project objectives and deadlines.

Nice To Haves

• Experience utilizing AI technologies for modeling and analytics.
• Knowledge of programming languages (Python, R, SQL is a plus)

Responsibilities

• Data Analytics: Conduct extensive data analyses, managing large datasets to inform strategic decision-making.
• Technical Guidance: Provide insights into actuarial methodologies, ensuring high-quality outputs and adherence to governance frameworks.
• Stakeholder Collaboration: Engage effectively with clients and senior stakeholders, translating complex findings into actionable recommendations.
• Cross-Disciplinary Collaboration: Opportunities to work with engineering teams to translate actuarial specifications into technical requirements and validate outcomes.
• Quality Management: Ensure compliance with regulatory standards and internal best practices, rigorously validating data, model outputs and assumptions.
• Innovation Contribution: Enhance tools, processes, and methodologies to drive operational excellence within the practice.

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.
• We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

What This Job Offers

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