Oliver Wyman Actuarial - Senior Manager - Property & Casualty

Marsh & McLennan Companies-posted 3 months ago
$145,000 - $234,000/Yr
Full-time • Senior
Hybrid • Chicago, IL
Insurance Carriers and Related Activities
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Oliver Wyman is searching for an experienced actuary to join our Property & Casualty Actuarial Consulting Practice as a Senior Manager. This candidate will be responsible for leading a team of consultants and analysts, overseeing projects in various sizes and complexities, to develop workable solutions for our clients. Our clients include large corporations, captive insurance companies, state regulators, and P&C insurance companies. The candidate will collaborate with senior colleagues to lead client interactions and maintain a strong presence with Oliver Wyman's exciting and diverse client portfolios. Oliver Wyman seeks to invest in its people by fostering a safe and inclusive environment, respecting and welcoming different perspectives, promoting an ownership culture, providing opportunities for individuals to develop their personal brand, and celebrating successes and rewarding performance.

  • Manage a wide range of projects with a primary focus on loss reserving, including pricing/ratemaking, predictive modeling, economic capital modeling, and warranty and loyalty rewards programs.
  • Serve as the primary point of contact for day-to-day project management and effectively handle client communications.
  • Review the work of peers, ensuring technical accuracy and integrity on a wide variety of analyses, templates, and exhibits.
  • Help manage the training, development, and mentoring of junior staff on project teams.
  • Create presentations and written reports to present findings and solutions to clients.
  • Become a driving contributor in client meetings as warranted.
  • Maintain strong client relationships for further business development activities, including preparation of proposals and presentations for prospective clients.
  • Bachelor's and/or Master's degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, or related field.
  • Extensive actuarial experience in the property & casualty industry, either consulting, with an insurance company, or a combination of the industries.
  • ACAS or FCAS actuarial credential.
  • Strong organizational skills with an ability to prioritize and oversee multiple projects in a demanding work environment.
  • Advanced analytical skills with the ability to address complex client-oriented problems.
  • Excellent interpersonal skills; strong oral and written communications skills.
  • Understanding of the value of collaboration and the ability to work effectively in a team setting.
  • Ability to manage a heavy work volume and meet deliverables in an extremely fast-paced environment.
  • Highly motivated self-starter, showing strong initiative, confidence, and the ability to lead a team.
  • Deep critical-thinking skills and problem-solving ability.
  • Advanced proficiency and command of Microsoft Office, Excel, Word, and PowerPoint.
  • Experience with R, SAS, SQL, VBA or other programming languages.
  • Competitive compensation and benefits package, including a performance-based bonus.
  • Actuarial Study Program.
  • Supportive and flexible work environment.
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