Oliver Wyman Actuarial Consultant P&C Practice
Location(s): Los Angeles or San Francisco, California – Hybrid positions will be considered
Company Overview
Oliver Wyman is a global leader in management and actuarial consulting. With offices in 60 cities across 29 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 5,000 professionals around the world who work with clients to optimize their business, improve their operations, and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wymans thought leadership is evident in our agenda-setting books, white papers, research reports, and articles in the business press Oliver Wyman is a wholly owned subsidiary of Marsh McLennan [NYSE: MMC]. Twitter @OliverWyman .
Visit our website for more details about Oliver Wyman: www.oliverwyman.com
Oliver Wyman seeks to invest in its people by fostering a safe and inclusive environment that respects and welcomes different perspectives, promotes an ownership culture, provides opportunities for individuals to develop their personal brand, and celebrates successes and rewards performance.
Oliver Wyman uses mathematical and statistical modeling skills and our qualitative assessment methodologies to assist our clients in evaluating and addressing risk. Our solutions help clients to manage and prepare for the potential financial consequences of uncertain future events.
Our Mission Statement
Our vision is to discover what lies beyond the obvious, achieve breakthroughs for our clients, and persist as an industry leader. Our mission is to be the leader in the integration of actuarial science, data science, and information technology to solve our clients most demanding challenges. We combine traditional actuarial principles with non-traditional solutions and communicate honestly and independently. We believe that diverse perspectives and approaches are business imperatives, and these can only stem from a diverse group of people. Investing in our people and local communities while delivering unequaled value to our clients is core to our mission at Oliver Wyman.
Oliver Wymans Property and Casualty Actuarial 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 their qualitative and quantification of risk and loss exposures, and offer advice on a range of issues, from external business strategy and internal risk management, to economic capital modeling and new product development .
Job Overview
Oliver Wyman is currently seeking an experienced Actuarial Consultant to support our growing Property & Casualty Actuarial Consulting Practice in California. This position requires the candidate to work as part of a team of professionals to independently analyze complex problems and develop workable solutions for self-insured clients. The candidate will eventually have significant interaction and visibility with Oliver Wymans clients, which include large self-insured corporations, captive insurance companies, state regulators, and healthcare providers.
Primary Responsibilities Include:
- Assist in a wide range of actuarial projects. Primary focus on loss reserving but additional projects include pricing/ratemaking, predictive modeling, economic capital modeling, and loyalty rewards programs. As part of the West Zone, you will have the opportunity to work on an exciting and diverse client portfolio, which will include rideshare, technology, insurtech, last mile delivery companies in addition to traditional large corporations and public entities
- Compile and verify client data
- Setup spreadsheet analysis, templates, and exhibits
- Prepare production exhibits and written reports to present findings
- Attend client meetings as required
- Assist in the preparation of proposals and presentations for prospects
- Attend marketing/sales presentations as required
Skills and Attributes
- Strong organizational skills with an ability to prioritize and handle multiple tasks
- Excellent interpersonal skills; strong oral and written communications skills
- Ability to develop client-oriented solutions
- Ability to manage a heavy work volume and meet deadlines in a fast paced environment
- Ability to undertake projects and produce quality and timely results
- Self-starter, strong initiative, confidence and ability to work with little guidance
- Collaborative team player
Requirements and Qualifications
- BA/BS degree in actuarial science, mathematics, statistics, economics, finance, business or related field
- 2+ years of experience in the property & casualty industry
- 2+ exams and making meaningful progress towards actuarial credentials
- Loss reserving experience preferred
- Strong command of Microsoft Excel, Word, and PowerPoint
- R, SAS, SQL, or VBA experience a plus
Oliver Wyman provides a competitive compensation and benefits package, including an Actuarial Study Program and a supportive and flexible work environment. Explore all the benefits offered at US Benefits | Marsh McLennan .
Oliver Wyman is committed to the principles for equal employment opportunity and complies with all relevant federal, state, and local laws.
Associated topics: actuarial analyst, actuarial consultant, analyst, assistant actuary, life actuary, mathmatics, model, probability, retirement actuary, risk