Actuarial Manager​/Senior Manager - Domain Specialist

Remote Type / Locations / Time Type

Remote type:
Hybrid/Remote
Locations:
Flexible, but preferably in US/Canada (New York, Chicago, Montreal)
Time type:
Full time

The Actuarial Consulting Practice of Oliver Wyman advises clients across a broad spectrum of risk management issues. We are a rapidly growing practice with offices across the globe. Our actuaries hold the highest professional qualifications and are recognized as experts in their field(s). We use mathematical and statistical modeling skills and our qualitative assessment methodologies to assist clients in evaluating and addressing risk.

Our solutions help clients manage and prepare for the potential financial consequences of uncertain future events. We bring a combination of broad-based expertise with specialized knowledge of specific risks, allowing us to provide independent, objective advice in the three primary areas of risk: healthcare, life and annuity, and property and casualty.

Oliver Wyman’s US P&C Actuarial Consulting Practice is hiring an Actuarial Manager/Senior Manager — Domain Specialist with deep expertise in at least one of these areas: pricing, reserving, or capital modeling. This is an actuarial role centered on technical judgement: validating models and assumptions, challenging outputs, and providing clear actuarial recommendations to senior stakeholders. The Actuarial Manager will work closely with actuarial consultants and analysts to execute projects.

The candidate profile aligns with deep hands‑on actuarial experience in reserving, capital modelling or pricing.

• Provide technical leadership in your area of expertise as you support our practice’s business development and sales initiatives as well as client engagements.
• Validate, challenge and sign‑off model outputs and assumptions (deterministic and stochastic), ensuring appropriate documentation and audit trails for committee and regulatory review.
• Perform and oversee complex actuarial analyses, that meet actuarial standards of practice and prepare thorough actuarial documentation to support your work.
• Lead internal client projects, and review changes made by project teams to ensure our deliverables address business objectives.
• Communicate our actuarial findings and recommendations to key stakeholders, such as finance, risk and senior management.
• Work closely with our actuarial developers: translate actuarial judgement into precise model requirements, review developer changes, and verify implementations through independent testing and reconciliation.
• Prepare clear, executive‑level reports and present findings to senior stakeholders (Reserve Committees, CFO/Chief Actuary level), and mentor junior actuarial staff.

Required

• Fellowship in a recognized actuarial body (e.g., FCAS/FIA) or equivalent senior actuarial qualification.
• Substantial hands‑on experience in reserving, pricing and/or capital/regulatory modelling within P&C insurance or reinsurance (multiple years’ operating independently on core actuarial processes).
• Strong technical skills with actuarial tools and languages (experience with Python, VBA, SQL, or R is advantageous).
• Demonstrated experience preparing actuarial reports or papers and interacting with senior stakeholders and auditors.
• Proven ability to challenge model development teams constructively and to translate actuarial judgement into testable, auditable requirements.

Preferred

• Track record of running innovation or efficiency projects that improved actuarial processes or model robustness.
• Proven mentoring / training experience for junior actuaries and cross‑departmental collaboration.

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.

Oliver Wyman offers a…