Actuarial​/Annuities Senior Manager

Oliver Wyman Actuarial – M&A Consulting Actuary – US Life & Annuity

Remote type:
Hybrid
Locations: NY, Boston, Chicago, and other Oliver Wyman offices

• Develop financial models for mergers, acquisitions, internal and external reinsurance, and other capital markets transactions with minimal oversight
• Manage actuarial due diligence, including review of actuarial appraisals, product features, experience studies/assumptions, and asset portfolio; break down complex datasets into simple narratives and recommendations
• Develop executive level management reports, including development of data visualizations
• Present findings to senior management and C‑suite executives
• Develop network of contacts throughout the industry via participation in deals, industry conferences, and other events
• Participate in client sales meetings and proposal development
• Work in partnership with our management consulting and actuarial practices in the US and globally
• Act as a trusted resource for both clients and junior staff for product‑ and technical‑related actuarial questions

• 5+ years of professional experience in financial consulting or insurance – FSA preferred
• Prior life insurance M&A and pricing experience required
• Demonstrated experience in actuarial pricing model development, profitability projections, and data flow management
• Strong background in risk management, sensitivity analysis, and regulatory compliance testing
• Proven experience in product development lifecycle and inforce policy management
• Familiarity with profitability measure calculations and develop sensitivity analyses for a broad range of life insurance and annuity products
• Broad exposure to life insurance, annuity and/or long‑term care knowledge and industry recognition in areas such as product development, valuation, financial reporting, and risk management with subject‑matter expertise in at least one area
• Ability to lead and manage projects, including effective delegation and client solution development
• Exposure to various accounting regimes (e.g., US NAIC, Bermuda EBS, US GAAP, IFRS, Solvency II)
• Proficiency in financial modeling, pricing, valuation with a focus on base case profitability and stress analysis
• Ability to deliver against tight deadlines, in fast‑paced, demanding environments
• Detail oriented with the ability to work on multiple projects concurrently
• Evidence of intellectual curiosity and ability to think strategically and creatively
• Self‑motivated, an entrepreneurial attitude, and not afraid of long hours
• Strong communication skills

The applicable base salary range for this role is $100k to $195k. In addition to the base salary, this position is eligible for meaningful performance‑based incentives.

We are an equal opportunity employer and are committed to embracing diversity, inclusion, and providing a flexible work environment. We are committed to accommodating reasonable accommodations.