Actuarial Analyst

Job Title

Oliver Wyman – Actuarial Analyst – Life – Toronto

Oliver Wyman is a global leader in management consulting. With offices in more than 70 cities across 30 countries, the firm combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. Oliver Wyman has more than 6,000 professionals who work with clients to optimize their business, improve operations and risk profile, and accelerate performance.

The Actuarial Practice of Oliver Wyman provides customized actuarial services and strategic insight, supporting clients as they strive to exceed their business objectives. As a new Analyst, you will learn from industry leaders and contribute to a broad range of client projects with top-tier insurance, reinsurance, investment banks, law firms, state regulators, and private equity firms.

• Life and annuity product development, modeling, valuation, and analysis support
• Pricing assumption and model methodology review, including benchmarking to applicable industry and peer experience
• Mergers & acquisitions due diligence including assumption review, model build, and development of projected US statutory distributable earnings and Actuarial Appraisal Value
• Transformation of pre and post actuarial model data and processes, including systems and financial reporting integration, analytics, and workflow
• Actuarial model conversions and optimization
• Long-term care assumption development, in‑force block management, modeling, and product development
• Client and industry presentations, surveys, case studies, and marketing support
• Development and maintenance of intellectual capital

• Bachelor’s or Master’s degree in Actuarial Science, Mathematics, Statistics, Finance, or a related field
• Commitment to passing actuarial exams
• Track record of rapid learning, high performance, and professional growth
• Strong written and oral communication skills
• Excellent time management skills
• Understanding of collaboration and ability to work effectively in a team
• Deep critical‑thinking and problem‑solving ability
• Highly motivated and willing to work in a dynamic environment
• Strong skills with MS Excel, MS Access or other database software, VBA or other programming languages

The applicable base salary range for this role is $66,000 - $90,000. The base pay offered will be determined based on experience, skills, training, location, certifications, education, exams, and any applicable minimum wage requirements. Decisions will be made on a case‑by‑case basis. In addition to the base salary, the position may be eligible for performance‑based incentives.

Oliver Wyman is committed to 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.

Toronto, Ontario, Canada

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