Oliver Wyman Actuarial - P&C - Business Development-Focused Principal/Senior Principal

Marsh McLennan • Chicago, IL

3d • $188,000 - $400,000

About The Position

Oliver Wyman is currently seeking an experienced consultant to join the Property & Casualty Actuarial Consulting Practice as a Principal/Senior Principal. This position will be required to help develop the business development plan with the regional leader for a targeted expansion, and to help the Region Leader and Central Zone Principals execute the growth strategy. The candidate will also have significant impact on the engagement and interaction with Oliver Wyman’s clients, which include large self-insured corporations, captive insurance companies, (re)insurers, investment firms, state regulators, and healthcare providers. Potential projects and responsibilities may include: Ownership of the business development plan and revenue target for the P&C region with a focus on large account pursuits Supervise business development collaboration with senior managers and Principals, while establishing and maintaining knowledge of BD-related engagements across the P&C Practice (e.g., pipeline, marketing content, expertise, etc.) With support from Global Strategy Development leadership, creating and delivering content for monthly updates of business development activity by region, keeping the business leaders updated on activity Actively identify and encourage the development of subject matter experts in their chosen field Review and validate the work of client deliverables, ensuring technical accuracy and integrity on a wide variety of analyses, templates and exhibits Mentorship of junior staff, fostering their career growth and professional advancement through the company Prepare and deliver high-quality exhibits and written reports to effectively present findings and recommendation to clients Strengthen client relationships and drive business development activities, including guiding the preparation of proposals and presentations for prospective clients Managing a diverse range of actuarial projects, including loss reserving, pricing/ratemaking, predictive modeling, economic capital modeling, and loyalty rewards programs.

Requirements

• Demonstrated ability to lead and manage relationships with clients.
• ACAS/FCAS credentials or similar qualifications with 10+ years of consulting experience focused on Property and Casualty clients, including self-insureds, captives, and (re)insurers
• Exceptional organizational skills, with proven ability to prioritize and handle multiple projects 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

Responsibilities

• Ownership of the business development plan and revenue target for the P&C region with a focus on large account pursuits
• Supervise business development collaboration with senior managers and Principals, while establishing and maintaining knowledge of BD-related engagements across the P&C Practice (e.g., pipeline, marketing content, expertise, etc.)
• With support from Global Strategy Development leadership, creating and delivering content for monthly updates of business development activity by region, keeping the business leaders updated on activity
• Actively identify and encourage the development of subject matter experts in their chosen field
• Review and validate the work of client deliverables, ensuring technical accuracy and integrity on a wide variety of analyses, templates and exhibits
• Mentorship of junior staff, fostering their career growth and professional advancement through the company
• Prepare and deliver high-quality exhibits and written reports to effectively present findings and recommendation to clients
• Strengthen client relationships and drive business development activities, including guiding the preparation of proposals and presentations for prospective clients
• Managing a diverse range of actuarial projects, including loss reserving, pricing/ratemaking, predictive modeling, economic capital modeling, and loyalty rewards programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Principal
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees