Oliver Wyman Actuarial - Health Practice - Manager

Locations

Atlanta, Chicago, Milwaukee, San Francisco, Boston, Philadelphia or New York.

Oliver Wyman is a global leader in management consulting and actuarial consulting. With offices in 60 cities across 29 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 5,000 professionals around the world who work with clients to optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities.

Oliver Wyman is a wholly owned subsidiary of Marsh McLennan.

Oliver Wyman provides customized actuarial services and strategic insight, supporting clients as they strive to exceed their business objectives. The Actuarial Consulting Practice advises clients across a broad spectrum of risk management issues. The Health Practice seeks to be the premier health actuarial consultancy by fostering ideas to lead the industry and helping clients achieve strategic objectives.

As a Manager, you will work alongside and learn from Oliver Wyman's industry leaders and other consultants while contributing to a broad range of client projects. You will eventually have interaction with Oliver Wyman's clients, which include top tier insurance companies, healthcare systems, regulatory agencies, large employers with captive programs and private equity firms. You will be part of a motivated and highly knowledgeable team.

The Health Practice of Oliver Wyman is rapidly growing and seeking individuals who are highly motivated to expand our team. Potential projects may include:

• Health insurance product development, modeling, and analysis support specific to the ACA small group and individual markets, and large group markets.
• Assisting with setting pricing assumptions, trends, and pricing methodologies.
• Medical and pharmacy claims analysis, including benchmarking to applicable industry experience.
• Market simulation analyses of proposed federal and state legislation.
• Support of regulatory changes and implementation.
• Evaluation of provider contracts and the impact of changes on rates.
• Analysis of value-based care and other risk‑taking arrangements.
• Evaluation of care management programs.

• Bachelor's or Master's degree, preferably in Actuarial Science, Mathematics, Statistics, Finance or a related field.
• Minimum of two actuarial exams passed, additional exam progress toward ACAS/FCAS is preferred.
• 4+ years of actuarial experience in the actuarial field, preferably in the commercial market or provider market.
• Exceptional organizational skills, with an ability to prioritize and handle multiple tasks in a fast‑paced work environment.
• Experience delegating components of projects.
• Project management skills.
• Track record of and desire for rapid learning, high performance, and professional growth.
• Excellent written and verbal communication skills, with the ability to build strong relationships with clients, colleagues, and industry stakeholders.
• Excellent time management skills.
• Understanding of the value of collaboration and the ability to work effectively in a team setting.
• Deep critical‑thinking skills and problem‑solving ability.
• Highly motivated individual and willingness to work in a dynamic environment.
• Strong skills with MS Excel, MS PowerPoint, SAS, SQL, R, Python, VBA or other programming languages.
• R, SAS, SQL, or VBA experience a plus.

The applicable base salary range for this role is $107,000 - $160,000. The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education, and any applicable minimum wage requirements. In addition to base salary, the position may be eligible for performance‑based incentives.

Oliver Wyman offers a performance‑based pay program that rewards colleagues for the contributions they make to our business results, including year‑end bonuses based on personal and corporate performance. It also offers health and welfare benefits, tuition assistance, 401(k) savings, and other retirement programs as well as employee assistance programs.

Marsh McLennan and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.

If you have a need that requires accommodation, please let us know by contacting