Oliver Wyman - Actuarial Consultant - P&C

Cfa Institute • Los Angeles, CA

412d • $72,000 - $130,000

About The Position

The Actuarial Consultant position at Oliver Wyman focuses on providing expert actuarial services within the Property and Casualty (P&C) sector. The role involves analyzing complex problems, developing solutions for self-insured clients, and engaging with various stakeholders, including large corporations and insurance companies. The consultant will work on loss reserving projects and other actuarial analyses, contributing to the firm's commitment to delivering high-quality, client-oriented solutions.

Requirements

• Bachelor's and/or Master's degree in Actuarial Science, Mathematics, Statistics, Finance or a related field.
• Minimum of two actuarial exams passed, additional exam progress towards ACAS/FCAS is preferred.
• 4+ years of actuarial experience in the property and casualty industry, and with Property and Casualty clients such as large self-insured corporations, captives, (re)insurers, state regulators.
• Exceptional organizational skills, with an ability to prioritize and handle multiple tasks in a fast-paced work environment.
• Excellent written and verbal communication skills, with the ability to build strong relationships with clients, colleagues, and industry stakeholders.
• Proven ability to foster a culture of inclusiveness, innovation, and continuous improvement within the practice and across the broader organization.
• Willingness to travel as needed to support client engagements and business development activities.
• Self-motivated and proactive, with a demonstrated ability to develop client-oriented solutions.
• Collaborative team player, capable of working effectively in a cross-functional environment.
• Strong command of Microsoft Office, Excel, Word, and PowerPoint; R, SAS, SQL, or VBA experience a plus.

Nice To Haves

• Previous consulting experience is a plus.

Responsibilities

• Focus on loss reserving projects with additional engagements in pricing/ratemaking, predictive modeling, economic capital modeling, and loyalty rewards programs.
• Demonstrated ability to join existing projects, taking ownership of project tasks/responsibilities, and ensuring seamless client communication.
• Review and validate the work of analysts, ensuring technical accuracy and integrity on a wide variety of analyses, templates, and exhibits.
• Compile, verify and/or reasonability check client data.
• Apply complex actuarial theories and principles to create statistical models.
• Prepare and/or oversee production exhibits and written reports to present findings.
• Assist or lead in the preparation of proposals and presentations for prospects.
• Attend client meetings, marketing/sales presentations as required.

Benefits

• Competitive compensation package
• Performance-based bonus
• Actuarial Study Program
• Supportive and flexible work environment

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Religious, Grantmaking, Civic, Professional, and Similar Organizations
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees