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Oliver Wyman Actuarial – Life Insurance Manager

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Marsh McLennan
Full Time position
Listed on 2026-08-14
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst
  • Management
    Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 100000 - 170000 USD Yearly USD 100000.00 170000.00 YEAR
Job Description & How to Apply Below

Company:

Oliver Wyman

Description:

Life – Manager

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

Job Description

The US Life Practice of Oliver Wyman strives to be the consulting firm of choice for clients and employees, and to be recognized as the premier life and annuity actuarial consultancy by fostering the power of ideas to lead our industry, consistently helping clients achieve their strategic objectives, and gaining trusted advisor status. The practice seeks to inspire an entrepreneurial culture which fosters free flowing ideas, values diversity, and allows for challenges to the status quo.

Its colleagues are proud to perform exciting, diverse, and leading-edge work.

As a manager, 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. You will achieve significant interaction and visibility with Oliver Wyman’s clients, which include top tier insurance companies, reinsurance companies, investment banks, law firms, state regulators, and private equity firms.

Potential projects and responsibilities may include:

  • Thought leadership, including oversight and/or creation of intellectual capital
  • Creation and analysis of financial projections
  • Insurance mergers & acquisitions
  • Capital markets transactions support
  • Life and annuity product development and financial reporting
  • Client and industry presentations, surveys, case studies
  • Work in partnership with our management consulting and strategy practice
  • Operating with a high degree of personal responsibility and accountability for the maintenance of a portfolio of clients
  • Pricing assumption and model methodology review, including benchmarking to applicable industry and peer experience
  • Development and maintenance of intellectual capital
  • Participate in client sales meetings

Skills and Attributes

  • FSA or near, or equivalent actuarial credentials with five to ten years of professional experience
  • Track record of rapid learning, high performance, and professional growth
  • Proficiency of financial modeling systems
  • Strong written and oral communication skills
  • Excellent project management and time management skills
  • Ability to work independently
  • 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 technical knowledge of MS Excel, MS Access or other database software, VBA or other programming languages
  • Strong skills with the Microsoft Office suite

Why Work for Us

The Actuarial Practice of Oliver Wyman seeks to invest in its people by fostering a safe and inclusive environment, respecting and welcoming different perspectives, promoting an ownership culture, providing opportunities for individuals to develop their personal brand, and celebrating successes and rewarding performance. There are employee groups for: the LGBT+ community, racially and ethnically diverse employees, women, family life, introverts and veterans of military service at Oliver Wyman.

The applicable base salary range for this role is $100,000 to $170,000.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, educations, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position is eligible for meaningful 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. We also offer an impressive array of benefits. Explore all the benefits offered at.

For more information, please visit our website at

Oliver Wyman is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of…

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