Actuarial - P&C -Principal

Principal – Property & Casualty Actuarial Consulting

Location:

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

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 risk assessment, loss quantification, and strategic advice covering business strategy, internal risk management, economic capital modeling, and new product development.

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. The leader will oversee large client portfolios, develop trusted executive relationships, mentor teams, and identify opportunities to expand the practice’s impact.

In addition to traditional actuarial services such as reserving, pricing, and capital modeling, the role will modernize delivery using analytics, automation, and emerging AI technologies for scalable, data‑driven client solutions.

• Client Leadership & Delivery
  • Lead large, complex actuarial engagements for insurers, reinsurers, captives, self‑insured entities, and corporate clients.
  • Serve as client lead overseeing execution, quality, timelines, and satisfaction.
  • Provide strategic guidance and technical oversight across engagements, including:
  • Loss reserving, pricing and rate making, predictive modeling, economic capital modeling, risk analytics, warranty and loyalty programs.
  • Translate complex actuarial analyses into actionable 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 and industry engagement.
  • Help shape and execute regional and practice‑level growth strategies.
• AI, Innovation & Modernization
  • Champion use of AI, analytics, automation, and emerging technologies to enhance actuarial modeling and operational efficiency.
  • Partner with engineering, analytics, and modernization teams to translate needs into scalable solutions.
  • Identify opportunities to modernize client delivery models and improve workflow efficiency.
  • Support development of innovative tools, methodologies, dashboards, and AI‑enabled capabilities across the practice.
  • Stay informed on industry trends and evolving technologies impacting actuarial consulting.
• Leadership & People Development
  • Lead, coach, and mentor consultants, managers, and analysts across project teams.
  • Foster a culture of collaboration, accountability, innovation, and inclusion.
  • Support talent development through coaching, performance feedback, and career mentorship.
  • Help build future practice leaders by encouraging technical depth, client leadership, and commercial acumen.
  • Contribute to recruiting, interviewing, and onboarding efforts.

• BA/BS degree in Actuarial Science, Mathematics, Statistics, Economics, or related field.
• ACAS or FCAS credential required.
• 10+ years of actuarial consulting or insurance industry experience within Property & Casualty.
• Demonstrated success managing client relationships and leading complex engagements.
• Proven business development experience, including generating new opportunities and expanding client relationships.
• Strong project management and organizational skills; ability to manage multiple priorities in a fast‑paced…