Oliver Wyman Actuarial – Life Insurance Consultant

Life - Consultant

Locations:
Boston, Chicago, New York, and other US offices

As a new Consultant, you will work alongside Oliver Wyman’s industry leaders and other experienced consultants and will be expected to contribute to a broad range of client projects, interacting with top tier insurance, reinsurance, investment banks, law firms, state regulators, and private equity firms.

• Life and annuity product development, modeling, valuation, and analysis support
• Pricing assumption and model methodology review, including benchmarking to applicable industry and peer experience
• Mergers & acquisitions due diligence including assumption review, model build, and development of projected US statutory distributable earnings and Actuarial Appraisal Value
• Transformation of pre and post actuarial model data and processes, including systems and financial reporting integration, analytics, and workflow
• Actuarial model conversions and optimization
• Long-term care assumption development, in-force block management, modeling, and product development
• Client and industry presentations, surveys, case studies and marketing support
• Development and maintenance of intellectual capital

• ASA to FSA with at least 4+ years of professional experience
• Track record of rapid learning, high performance, and professional growth
• US life, annuity and/or LTC technical experience and/or regulatory knowledge
• Strong written and oral communication skills
• Excellent project management and time management skills
• Ability to work independently and direct junior staff
• 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
• Professional experience with actuarial modeling software (e.g., Moody's Analytics AXISTM, Prophet, Poly Systems)
• Excellent technical knowledge of MS Excel, MS Access or other database software, VBA or other programming languages

The applicable base salary range for this role is $70,000 to $150,000. The base pay offered will be determined based on experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. In addition to the base salary, this position is eligible for meaningful performance-based incentives and a performance-based pay program.

Benefits offered at Oliver Wyman include an impressive array of benefits.

Oliver Wyman is committed to a diverse, inclusive, and flexible work environment, providing accommodations for reasonable requests.