Oliver Wyman – P&C Practice – Actuarial Manager

Marsh McLennan•Boston, MA

10d•$115,000 - $155,000•Hybrid

About The Position

As a consultant in Oliver Wyman's P&C Actuarial Insurance Practice, you will engage in transformative client projects, leveraging your technical expertise and strategic insights to develop, validate, and operationalize actuarial models, methodologies, and workflows. As part of a globally connected practice, you will collaborate with colleagues and clients across geographies, with opportunities to contribute to and deliver projects on a global basis. This role offers the chance to work with multidisciplinary teams and cutting-edge technologies, including AI, to deliver impactful solutions across a wide range of actuarial disciplines, including 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 5 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.
Experience utilizing AI technologies for modeling and analytics.
Knowledge of programming languages (Python, R, SQL)

Responsibilities

Lead discrete workstreams within client engagements, applying actuarial expertise, advanced analytics, and structured problem-solving to address complex insurance challenges. Support initiatives such as actuarial modernization, process automation, AI-enabled actuarial workflows, model transformation, data modernization, and operating model improvement.
Perform sophisticated analyses across large and complex datasets, identifying insights, trends, and opportunities that inform actuarial, operational, and strategic decision-making.
Develop, evaluate, and refine actuarial methodologies, assumptions, models, and analyses, bringing sound technical judgment and ensuring outputs are robust, well-governed, and fit for purpose.
Work directly with client stakeholders to understand business needs, communicate complex actuarial concepts clearly, and translate analytical findings into practical recommendations and executive-ready insights.
Partner with actuaries, engineers, data scientists, and other specialists to translate actuarial requirements into scalable technical solutions, validate outputs, and support implementation.
Take ownership for the quality and accuracy of assigned deliverables, challenging data, assumptions, methodologies, and model outputs while ensuring alignment with regulatory requirements and professional standards.
Contribute to the design and development of new tools, methodologies, automation, AI-enabled solutions, and delivery approaches that modernize actuarial work, improve efficiency and insight, and expand the capabilities of the insurance consulting practice.
Collaborate effectively within multidisciplinary teams, provide guidance to junior colleagues, and contribute to a culture of learning, innovation, and high performance.