Oliver Wyman Actuarial – Manager/ Senior Manager Business Analyst - Health Practice
About The Position
Oliver Wyman’s Health Practice is seeking a Manager/Senior Manager Business Analyst to support complex technology, data, and business initiatives across the health insurance and healthcare sectors. The role partners with Product Owners, actuaries, consultants, technology teams, and clients to translate business needs into practical solutions and lead initiatives from discovery through implementation. The Business Analyst manages requirements and backlogs, supports Agile delivery, and helps ensure solutions deliver measurable value. The successful candidate brings strong business analysis and project delivery experience, excellent communication skills, and knowledge of health insurance, healthcare, actuarial consulting, or related financial services. The role also contributes to delivery-practice improvement, mentors junior Business Analysts, and builds strong relationships with clients, colleagues, and industry stakeholders. Oliver Wyman describes an inclusive, team-oriented culture that values diverse perspectives, idea sharing, and challenging the status quo. Marsh follows a hybrid work model: colleagues are expected to work from their local office or onsite with clients at least three days per week, and office-based teams identify at least one weekly anchor day for in-person collaboration. The applicable base salary range is $140,000–$200,000, with potential performance-based incentives. The position also includes a competitive total rewards package.
Requirements
- Bachelor’s or master’s degree in Business, Actuarial Science, Mathematics, Statistics, Finance, Information Systems, or a related field.
- 7+ years of experience in business analysis, product delivery, consulting, healthcare, health insurance, actuarial services, or a related field.
- Experience leading business analysis activities from discovery through implementation.
- Experience working in an Agile environment, including Scrum or Kanban.
- Strong knowledge of requirements gathering, process modeling, user stories, acceptance criteria, backlog management, and user acceptance testing.
- Experience working with Product Owners, technology teams, business stakeholders, and senior leaders.
- Strong analytical, critical-thinking, problem-solving, project management, and organizational skills.
- Excellent written, verbal, facilitation, presentation, and stakeholder management skills.
- Ability to work independently, manage competing priorities, and make sound decisions with limited direction.
- Advanced proficiency in Microsoft Excel and PowerPoint.
Nice To Haves
- Knowledge of health insurance, healthcare, employee benefits, actuarial consulting, or the broader insurance industry.
- Experience with Visio, Access, Jira, or Azure DevOps.
- Experience with SQL, R, SAS, VBA, Python, or another programming language.
Responsibilities
- Partner with Product Owners, consultants, clients, and technology teams to define objectives, roadmaps, and delivery priorities.
- Lead requirements gathering, stakeholder interviews, workshops, process analysis, and solution design.
- Develop business requirements, process flows, user stories, functional requirements, and acceptance criteria.
- Translate complex business, actuarial, operational, and regulatory needs into clear direction for delivery teams.
- Manage and refine product backlogs, ensuring features and user stories align with business priorities.
- Facilitate Agile ceremonies, including planning, backlog refinement, showcases, and retrospectives.
- Support initiatives involving health insurance, healthcare analytics, pricing, product development, reserving, risk management, regulatory matters, and strategic planning.
- Collaborate with System Analysts, developers, actuaries, data scientists, and quality assurance teams.
- Support user acceptance testing, business validation, implementation readiness, and stakeholder sign-off.
- Track scope, risks, issues, dependencies, and decisions across multiple workstreams.
- Present recommendations, options, and trade-offs to senior stakeholders.
- Mentor junior Business Analysts and contribute to continuous improvement of delivery practices.
- Build strong relationships with clients, colleagues, and industry stakeholders.
Benefits
- Paid time off for actuarial exam study and exam day.
- Financial support for actuarial exam materials and reimbursement of exam costs.
- Salary increases after passing actuarial exams and first-time pass bonuses.
- Performance-based year-end bonuses based on personal and corporate performance.
- Health and welfare benefits.
- Tuition assistance.
- 401K savings and other retirement programs.
- Employee assistance programs.
- Competitive total rewards package.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
