Oliver Wyman Actuarial - Senior Manager - Property & Casualty

Senior Manager – Property & Casualty Actuarial Consulting

Office/Regions available
:
Chicago or Midwest; other office/regions will be considered.

Reports to
:
Region Leader.

The Actuarial Practice of Oliver Wyman advises clients across a broad spectrum of risk management issues. Our actuaries hold the highest professional qualifications and are nationally recognized as experts. We provide independent, objective advice in healthcare, life, annuity, and property‑and‑casualty risk areas.

Oliver Wyman is searching for an experienced actuary to join our Property & Casualty Actuarial Consulting Practice as a Senior Manager. The candidate will lead a team of consultants and analysts, oversee projects of various sizes and complexities, develop workable solutions for clients, and maintain a strong presence across Oliver Wyman’s diverse client portfolios.

We foster a safe and inclusive environment, respect diverse perspectives, promote ownership culture, and celebrate successes.

Competitive compensation and benefits include performance‑based bonus, actuarial study program, and a flexible work environment.

• Manage a wide range of projects—loss reserving, pricing/rate making, predictive modeling, economic capital modeling, and warranty/loyalty reward programs.
• Act as primary point of contact for day‑to‑day project management and client communications; serve as subject‑matter expert as needed.
• Review peer work to ensure technical accuracy across analyses, templates, and exhibits.
• Train, develop, and mentor junior staff on project teams.
• Create presentations and written reports presenting findings and solutions to clients.
• Contribute actively in client meetings and maintain strong relationships for future business development.
• Prepare proposals and presentations for prospective clients.

• Bachelor’s/Master’s degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, or related field.
• Extensive actuarial experience in the property & casualty industry (consulting, insurance company, or combined).
• ACAS or FCAS actuarial credential.
• Strong organizational skills; ability to prioritize and oversee multiple projects in a demanding environment.
• Advanced analytical skills for complex client‑oriented problems.
• Excellent interpersonal and communication skills.
• Team collaboration and effective teamwork capabilities.
• Ability to handle high work volume and meet deliverables in a fast‑paced setting.
• Self‑starter, highly motivated, confident, and capable of leading a team.
• Deep critical‑thinking and problem‑solving abilities.
• Advanced proficiency in Microsoft Office (Excel, Word, PowerPoint).
• Experience with R, SAS, SQL, VBA, or other programming languages preferred.

Applicable base salary range: $145,000 – $234,000. Base pay determined by experience, skills, training, location, certifications, and other factors. Eligible for meaningful performance‑based incentives.

Explore full benefits at US Benefits | Marsh McLennan.

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