Oliver Wyman Actuarial - Senior Manager - Property & Casualty

Marsh McLennan • Chicago, IL

202d • $145,000 - $234,000

About The Position

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. We provide a competitive compensation and benefits package, including a performance-based bonus, an Actuarial Study Program, and a supportive and flexible work environment.

Requirements

• 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 is preferred.

Responsibilities

• 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.
• Maintain strong client relationships for further business development activities, including preparation of proposals and presentations for prospective clients.

Benefits

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

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Insurance Carriers and Related Activities
• Education Level: Master's degree