Oliver Wyman Actuarial Consulting - Analyst, Health Practice

Oliver Wyman Actuarial Consulting – Health Practice

Job Title:

Analyst

Location:

Hybrid; preference for Atlanta, Chicago, Milwaukee, Philadelphia, or New York, but open to other Oliver Wyman Actuarial office locations.

Oliver Wyman is a global leader in management consulting and actuarial consulting. With offices in 60 cities across 29 countries, the firm combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organizational transformation. Oliver Wyman is a wholly owned subsidiary of Marsh McLennan (NYSE: MMC).

Oliver Wyman provides customized actuarial services and strategic insight, supporting clients as they strive to exceed their business objectives. The Actuarial Health Practice works with health organizations to manage their financial risks and support health care delivery using advanced actuarial and modeling techniques.

As an Analyst, you will work alongside and learn from Oliver Wyman's industry leaders and other experienced consultants while contributing to a broad range of client projects. You will gain interaction and visibility with clients, including top‑tier insurance companies, provider health systems, state regulators, and private equity firms.

• Medicare Bid Support
  :
  Assisting the bid development for Medicare Advantage products including product development, modeling, and analysis
• Commercial Pricing Support
  :
  Assisting the pricing of health insurance products including product development, modeling, and analysis support specific to the ACA small group and individual markets, and large group markets
• Medical and Pharmacy Claims Analysis
  :
  Supporting claim‑line level analytics including benchmarking to applicable industry experience
• Market Simulation Analyses
  :
  Supporting analyses of proposed federal and state legislation
• Regulatory Support
  :
  Examining impact of regulatory changes and assisting clients with their implementation
• Provider Contract Analysis
  :
  Evaluation of provider contracts and the impact of changes on rates
• Value‑based Care
  :
  Analyzing value‑based care and other risk‑taking arrangements from both the payer and provider perspectives
• Evaluation of Care Management Programs

• Bachelor's or Master's degree required, preferably in Actuarial Science, Mathematics, Statistics, Finance or a related field
• 1 - 3 years of actuarial experience in the actuarial field
• Progress toward Associate of the Society of Actuaries (ASA) credentials
• Track record of rapid learning, high performance, and professional growth
• Strong written and oral communication skills
• Excellent time and project management skills
• Ability to work independently on client projects and intellectual capital development
• Understanding of the value of collaboration and 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 skills with MS Excel, SAS, SQL, R, VBA or other programming languages

• The applicable base salary range for this role is $70,000 - $100,000 USD
• The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education and any applicable minimum wage requirements
• In addition to the base salary, this position may be eligible for performance‑based incentives
• We offer a competitive total rewards package which includes health and welfare benefits, 401K savings and other retirement programs as well as employee assistance programs

Oliver Wyman is committed to the principles of equal employment opportunity and complies with all relevant federal, state, and local laws. Marsh McLennan and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.