Oliver Wyman Actuarial - P&C -Principal

Job :
Oliver Wyman Group

Location:

Boston, Massachusetts, United States of America | Houston, Texas, United States of America | Philadelphia, Pennsylvania, United States of America | St. Louis Park, Minnesota, United States of America | Milwaukee, Wisconsin, United States of America | St. Louis, Missouri, United States of America | Atlanta, Georgia, United States of America | New York, United States of America | Chicago, Illinois, United States of America | Dallas, Texas, United States of America | Minneapolis, Minnesota, United States of America

Employment type:

Regular Category:
Actuarial & Underwriting Industry: Real Estate Posted:

Principal– Property & Casualty Actuarial Consulting

Location:

Dallas, Houston, Charlotte, Atlanta, New York, Philadelphia, Boston, Chicago, Minneapolis, Milwaukee, and St. Louis

Company Overview  

The Property and Casualty Consulting Practice assists insurance companies, self-insured corporations, government entities, and other organizations with all aspects of managing property and casualty insurance exposures. We guide P&C clients on their qualitative assessment and quantification of risk and loss exposures, and offer advice on a range of issues, from external business strategy and internal risk management to economic capital modeling and new product development.

Summary

Oliver Wyman’s Property & Casualty Actuarial Practice is seeking a high-performing Principal to lead complex client engagements, drive business growth, and help shape the future of actuarial consulting through innovation and AI-enabled solutions.

This role combines deep actuarial expertise with strategic leadership, client relationship management, and business development responsibility. The ideal candidate is a commercially minded leader who can oversee large client portfolios, develop trusted executive relationships, mentor teams, and identify opportunities to expand the practice’s impact across the insurance ecosystem.

In addition to delivering traditional actuarial services such as reserving, pricing, and capital modeling, this leader will help modernize delivery approaches by leveraging analytics, automation, and emerging AI technologies to create more scalable, data-driven client solutions.

Responsibilities

Client Leadership & Delivery

• Lead large, complex actuarial engagements for insurers, reinsurers, captives, self-insured entities, and corporate clients.
• Serve as the client lead, overseeing project execution, delivery quality, timelines, and client satisfaction.
• Provide strategic guidance and technical oversight across engagements which may include:
  • Loss reserving
  • Pricing and rate making
  • Predictive modeling
  • Economic capital modeling
  • Risk analytics
  • Warranty and loyalty programs
  • Translate complex actuarial analyses into actionable business insights and executive-level recommendations.
  • Ensure technical accuracy, data integrity, and compliance with quality standards.

Business Development & Growth

• Drive revenue growth by identifying expansion opportunities within existing accounts and developing new client relationships.
• Partner with regional leaders and cross-functional teams to support strategic growth initiatives.
• Lead or support proposals, RFP responses, client presentations, and thought leadership efforts.
• Build and maintain strong relationships with senior client stakeholders, brokers, and industry partners.
• Contribute to market visibility through conference participation, intellectual capital development, and industry engagement.
• Help shape and execute regional and practice-level growth strategies.

AI, Innovation & Modernization

• Champion the use of AI, analytics, automation, and emerging technologies to enhance actuarial modeling, reporting, and operational efficiency.
• Partner with engineering, analytics,…