Actuarial consultant

Marsh McLennan Companies
Marsh McLennan Companies Salary
Charlotte, NC Full Time
POSTED ON 5/2/2024

Description :

Oliver Wyman Actuarial Consultant P&C

Office / Regions available : Atlanta, Charlotte, Chicago, Dallas, Houston, Los Angeles, Nashville, New York, San Francisco;

other office / regions may be considered.

Company Overview

The Actuarial Practice of Oliver Wyman advises clients across a broad spectrum of risk management issues. We are a rapidly growing group with offices expanding 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, and property and casualty.

The Actuarial Practice of 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 exemplify our commitment to relationships built on trust, responsiveness, and clear communication.

The Property and Casualty 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 by analyzing their risk and loss exposures, qualitatively and quantitatively, 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 Description

Job Title : P&C Actuarial Consultant

Office / Regions available : Atlanta, Charlotte, Chicago, Dallas, Houston, Los Angeles, Nashville, New York, San Francisco;

other office / regions may be considered.

Oliver Wyman is currently seeking candidates to join our growing Property & Casualty Actuarial Consulting Practice as an Actuarial Consultant .

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 have interaction and visibility with Oliver Wyman’s clients, which include large self-insured corporations, captive insurance companies, state regulators, and P&C insurance companies.

Oliver Wyman seeks to invest in its people by fostering a safe and inclusive environment, respecting and welcoming different perspectives, promoting an ownership culture, providing opportunities for individuals to develop their personal brand, and celebrating successes and rewarding performance.

We provide a competitive compensation and benefits package, including a performance-based bonus, an Actuarial Study Program and a supportive and flexible work environment.

Explore all the benefits offered at .

Projects and responsibilities include :

  • Focus on loss reserving projects with additional engagements in pricing / ratemaking, predictive modeling, economic capital modeling, and loyalty rewards programs
  • Demonstrated ability to join existing projects, taking ownership of project task / responsibilities, and ensuring seamless client communication
  • Review and validate the work of analysts, ensuring technical accuracy and integrity on a wide variety of analyses, templates and exhibits
  • Compile, verify and / or reasonability check client data
  • Apply complex actuarial theories and principles to create statistical models
  • Prepare and / or oversee production exhibits and written reports to present findings
  • Assist or lead in the preparation of proposals and presentations for prospects
  • Attend client meetings, marketing / sales presentations as required

Skills and Experience

  • Bachelor’s and / or Master’s degree in Actuarial Science, Mathematics, Statistics, Finance or a related field
  • Minimum of two actuarial exams passed, additional exam progress towards ACAS / FCAS is preferred
  • 4 years of actuarial experience in the property and casualty industry, and with Property and Casualty clients such as, large self-insured corporations, captives, (re)insurers, state regulators.

Previous consulting experienced is a plus

  • Excellent written and verbal communication skills, with the ability to build strong relationships with clients, colleagues, and industry stakeholders
  • Proven ability to foster a culture of inclusiveness, innovation, and continuous improvement within the practice and across the broader organization
  • Willingness to travel as needed to support client engagements and business development activities
  • Self-motivated and proactive, with a demonstrated ability to develop client-oriented solutions
  • Collaborative team player, capable of working effectively in a cross-functional environment
  • Strong command of Microsoft Office, Excel, Word, and PowerPoint, etc.
  • R, SAS, SQL, or VBA experience a plus

For more information, please visit our website at .

Oliver Wyman is committed to the principles for equal employment opportunity and complies with all relevant federal, state, and local laws.

Last updated : 2024-05-01

Salary.com Estimation for Actuarial consultant in Charlotte, NC
$96,612 to $121,044
If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

Sign up to receive alerts about other jobs that are on the Actuarial consultant career path.

Click the checkbox next to the jobs that you are interested in.

Income Estimation: 
$106,992 - $134,475
Income Estimation: 
$134,352 - $170,738
Income Estimation: 
$84,817 - $105,412
Income Estimation: 
$106,992 - $134,475
Income Estimation: 
$106,992 - $134,475
Income Estimation: 
$134,352 - $170,738

Sign up to receive alerts about other jobs with skills like those required for the Actuarial consultant.

Click the checkbox next to the jobs that you are interested in.

  • Data Analysis Skill

    • Income Estimation: $96,110 - $167,521
    • Income Estimation: $100,055 - $152,027
  • Document Preparation Skill

    • Income Estimation: $106,165 - $151,475
    • Income Estimation: $118,717 - $149,556
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at Marsh McLennan Companies

Marsh McLennan Companies
Hired Organization Address Fargo, ND Full Time
Description : Insurance Placement Specialist Business Insurance Our not-so-secret sauce. Award-winning, inclusive, Top W...
Marsh McLennan Companies
Hired Organization Address Kalispell, MT Full Time
Description : The Learning and Development (L&D) Specialist position is a member of the Torrent Technologies learning an...
Marsh McLennan Companies
Hired Organization Address Lincoln, NE Full Time
Description : Our not-so-secret sauce. Award-winning, inclusive, Top Workplace culture doesn’t happen overnight. It’s a ...
Marsh McLennan Companies
Hired Organization Address Charles, LA Full Time
Description : Position Title : Placement Specialist FLSA Status : Exempt Position Summary : The Placement Specialist lea...

Not the job you're looking for? Here are some other Actuarial consultant jobs in the Charlotte, NC area that may be a better fit.

Financial/Actuarial Director

WTW External Careers Site, Charlotte, NC