Marsh McLennan Inc. logo

Oliver Wyman Actuarial Life/Annuities Senior Manager

Marsh McLennan Inc.

NEW YORK, NY · HybridJobSeen todaySeen in employer's feed today

Most applications go out cold — see where you stand first. No sign-up to start.

Watch jobs like this.

At a glance

Compensation
No compensation found
Location
NEW YORK, NYHybrid
Work Authorization
Not specified

Olive lists jobs from US employers, including remote roles you can work from the United States.

Job overview

Oliver Wyman’s Actuarial Consulting Practice advises clients on risk management, and its Life Actuarial Practice helps organizations manage insurance risks using actuarial and modeling techniques. This role supports life and annuity M&A and related transactions through financial modeling, due diligence, analysis, reporting, and client engagement. The posting requires at least five years of professional experience in financial consulting or insurance and prior life insurance M&A and pricing experience; FSA is preferred.

Skills & qualifications

RequiredNice to have

Skills

Financial ModelingActuarial Due DiligenceData VisualizationActuarial PricingPricing Model DevelopmentProfitability ProjectionsData Flow ManagementRisk ManagementSensitivity AnalysisRegulatory Compliance TestingProduct DevelopmentInforce Policy ManagementProfitability Measure CalculationsLife InsuranceAnnuitiesLong-Term CareValuationFinancial ReportingProject ManagementDelegationClient Solution DevelopmentUS NAICBermuda EBSUS GAAPIFRSSolvency IIStress AnalysisDeadline ManagementMultitaskingStrategic ThinkingCreative ThinkingSelf-MotivationCommunication

Qualifications

5+ Years Financial Consulting or Insurance ExperienceFSA

Full job description

Oliver Wyman Actuarial - M&A Consulting Actuary - US Life & Annuity Remote type: Hybrid Locations: NY, Boston, Chicago, and other Oliver Wyman offices Company Overview The Actuarial Consulting Practice of Oliver Wyman advises clients across a broad spectrum of risk management issues. We are rapidly growing practice with offices across the globe. Our actuaries hold the highest professional qualifications and are nationally 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, property and casualty. Oliver Wyman provides customized actuarial services and strategic insight, supporting clients as they strive to exceed their business objectives. Our exceptional client and employee retention exemplifies our commitment to relationships built on trust, responsiveness and clear communication. The Life Actuarial Practice of Oliver Wyman works with organizations to manage their insurance risks using advanced actuarial and modeling techniques and has employees across over a dozen offices globally. Responsibilities Develop financial models for mergers, acquisitions, internal and external reinsurance, and other capital markets transactions with minimal oversight Manage actuarial due diligence, including review of actuarial appraisals, product features, experience studies/assumptions, and asset portfolio; breakdown of complex datasets into simple narratives and recommendations Develop executive level management reports, including development of data visualizations Present findings to senior management and C-suite executives Develop network of contacts throughout the industry via participation in deals, industry conferences, and other events Participate in client sales meetings and proposal development Work in partnership with our management consulting and actuarial practices in the US and globally Act as a trusted resource for both clients and junior staff for product- and technical-related actuarial questions Requirements 5+ years of professional experience in financial consulting or insurance - FSA preferred Prior life insurance M&A and pricing experience is required Demonstrated experience in actuarial pricing model development, profitability projections, and data flow management Strong background in risk management, sensitivity analysis, and regulatory compliance testing Proven experience in product development lifecycle and inforce policy management Familiarity with profitability measure calculations and develop sensitivity analyses for a broad range of life insurance and annuity products Broad exposure to life insurance, annuity and/or long-term care knowledge and industry recognition in areas such as product development, valuation, financial reporting, and risk management with subject matter expertise in at least one area Ability to lead and manage projects, including effective delegation and client solution development Exposure to various accounting regimes (e.g. US NAIC, Bermuda EBS, US GAAP, IFRS, Solvency II) Proficiency in financial modeling, pricing, valuation with a focus on base case profitability and stress analysis Ability to deliver against tight deadlines, in fast-paced, demanding environments Detailed oriented with the ability to work on multiple projects concurrently Evidence of intellectual curiosity and ability to think strategically and creatively Self-motivated, an entrepreneurial attitude, and not afraid of long hours Strong communication skills Why Work for Us The Actuarial Practice of Oliver Wyman seeks to invest in its people by fostering a saf and inclusi

Similar jobs, posted recently

Open roles like this one, listed in the last 30 days.

You've read the whole posting — now see how you match it.