Oliver Wyman Actuarial - M&A Consulting Actuary - US Life

Marsh & McLennan Companies • Chicago, IL

375d

About The Position

Oliver Wyman is seeking an ambitious actuary to join the US Life Practice. We are looking for a Consulting Actuary to join the mergers and acquisitions ('M&A') practice. The new M&A Consulting Actuary is expected to contribute to a broad range of due diligence and analytical efforts, including support across reinsurance and acquisition processes, both in the US and globally. The new M&A Consulting Actuary will join our talented consultants in the US and play a key role in the management, execution, and delivery of projects for Oliver Wyman's clients, which include top tier insurance and reinsurance companies, alternative asset managers, private equity firms, investment banks, law firms, and regulators.

Requirements

• 3+ years of professional experience in financial consulting or insurance - FSA preferred
• Broad exposure to life insurance, annuity and/or long-term care knowledge and industry recognition in areas such as product development, valuation, financial reporting, and risk management with subject matter expertise in at least one area
• Ability to lead and manage projects, including effective delegation and client solution development
• Exposure to various accounting regimes (e.g. US NAIC, Bermuda EBS, US GAAP, IFRS, Solvency II)
• Proficiency in financial modeling systems or open-source scripting languages, such as Axis, Prophet, R, or Python
• Ability to deliver against tight deadlines in fast-paced, demanding environments
• Detailed oriented with the ability to work on multiple projects concurrently
• Evidence of intellectual curiosity and ability to think strategically and creatively
• Self-motivated, an entrepreneurial attitude, and not afraid of long hours
• Strong communication skills

Nice To Haves

• Prior M&A experience is preferred but not required

Responsibilities

• Develop financial models for mergers, acquisitions, internal and external reinsurance, and other capital markets transactions with minimal oversight
• Manage actuarial due diligence, including review of actuarial appraisals, product features, experience studies/assumptions, and asset portfolio; breakdown of complex datasets into simple narratives and recommendations
• Develop executive level management reports, including development of data visualizations
• Present findings to senior management and C-suite executives
• Develop network of contacts throughout the industry via participation in deals, industry conferences, and other events
• Participate in client sales meetings and proposal development
• Work in partnership with our management consulting and actuarial practices in the US and globally

Benefits

• Performance-based pay program with year-end bonuses based on personal and corporate performance
• Impressive array of benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees