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Oliver Wyman Actuarial – Senior Manager – Property & Casualty

Oliver Wyman Actuarial – Senior Manager – Property & Casualty

CompanyMarsh & McLennan
LocationChicago, IL, USA
Salary$145000 – $234000
TypeFull-Time
DegreesBachelor’s, Master’s
Experience LevelSenior, Expert or higher

Requirements

  • Bachelor’s and/or Master’s degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, or related field
  • Extensive actuarial experience in the property & casualty industry, either consulting, with an insurance company, or combination of the industries
  • ACAS or FCAS actuarial credential
  • Strong organizational skills with an ability to prioritize and oversee multiple projects in a demanding work environment
  • Advanced analytical skills with the ability to address complex client-oriented problems
  • Excellent interpersonal skills; strong oral and written communications skills
  • Understanding of the value of collaboration and the ability to work effectively in a team setting
  • Ability to manage a heavy work volume and meet deliverables in an extremely fast paced environment
  • Highly motivated self-starter, showing strong initiative, confidence and the ability to lead a team
  • Deep critical-thinking skills and problem-solving ability
  • Advanced proficiency and command of Microsoft Office, Excel, Word, and PowerPoint, etc.

Responsibilities

  • Expertise to manage a wide range of projects. Primary focus on loss reserving with additional projects including pricing/ratemaking, predictive modeling, economic capital modeling, and warranty and loyalty rewards programs. Client portfolio will likely include large corporations, captive insurance companies, state regulators, and P&C insurance companies
  • Demonstrating autonomy and minimal principal involvement while managing workload. Serve as the primary point of contact for day-to-day project management and effectively handle client communications; potentially serving as a subject matter expert for specific project work
  • Review the work peers, ensuring technical accuracy and integrity on a wide variety of analyses, templates and exhibits
  • Help manage the training, development and mentoring of junior staff on project teams
  • Create presentations and written reports to present findings and solutions to clients
  • Become a driving contributor in client meetings as warranted
  • Maintain strong client relationships for further business development activities, including preparation of proposals and presentations for prospective clients

Preferred Qualifications

  • Experience with R, SAS, SQL, VBA or other programming languages is preferred