Oliver Wyman Actuarial - P&C

Marsh McLennan

Posted on : 09-06-2025

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1 Vacancy

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Job Location

Chicago, IL - USA

Monthly Salary

Not Disclosed

Salary Not Disclosed

Vacancy

1 Vacancy

Posted on : 09-06-2025

Job Description

Company:

Oliver Wyman

Description:

Oliver Wyman

Company Overview

Oliver Wyman is a global leader in management and actuarial consulting. With offices in 50 cities across 26 countries Oliver Wyman combines deep industry knowledge with specialized expertise in strategy operations risk management and organization transformation. Our 4700 professionals help clients 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. Our clients are the CEOs and executive teams of the top Global 1000 companies.

Visit our website for more details about Oliver Wyman:

Job Overview

Oliver Wymans Property & Casualty Actuarial practice is currently seeking talent to support our growing consulting practice. This position requires the candidate to work as part of a team of professionals to independently analyze complex problems and develop workable solutions. The candidate will achieve significant interaction and visibility with Oliver Wymans clients which include large corporations captive insurance companies public entities and healthcare providers.

Primary Responsibilities Include:

Assist in actuarial projects with a focus on reserving pricing and economic capital modeling for captive insurance companies having primarily Professional Liability exposures as well as corporate clients with predominantly workers compensation exposures
Assist with loss reserving ratemaking/pricing and predictive modeling projects for a variety of commercial property and casualty lines of business
Organize and analyze large volumes of data ensuring integrity and accuracy
Apply complex actuarial theories and principles to create statistical models
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

Skills and Attributes:

Strong organizational skills with an ability to prioritize and handle multiple tasks in a demanding work environment.
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 an extremely 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

Preferred Qualifications:

BA/BS degree in actuarial science mathematics statistics economics finance business or related field
Loss reserving experience preferred
Capital modeling experience desirable but not necessary
Strong command of Microsoft Excel Word and PowerPoint
Programming experience highly desired

Why Work for Us

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 provides a competitive compensation and benefits package. 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.

Marsh McLennan and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.

About Marsh McLennan
Marsh McLennan(NYSE: MMC) is the worlds leading professional services firm in the areas of risk strategy and people. The Companys 83000 colleagues advise clients in 130 annual revenue of nearly $20 billion Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses.Marshprovides data driven risk advisory services and insurance solutions tocommercial and consumer clients.Guy Carpenterdevelops advanced risk reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities.Mercerdelivers advice and technology-driven solutions that help organizations redefine the world of work reshape retirement and investment outcomes and unlock health and wellbeing for a changing workforce.Oliver Wymanserves as a critical strategic economic and brand advisor to private sector and governmental clients. For more information visit follow us on LinkedInand Twitteror subscribe to BRINK.

Oliver Wyman a business of Marsh McLennan (NYSE: MMC) is a management consulting firm combining deep industry knowledge with specialized expertise to help clients optimize their business improve operations and accelerate performance. Marsh McLennan is a global leader in risk strategy and people advising clients in 130 countries across four businesses: Marsh Guy Carpenter Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90000 colleagues Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information visit or follow on LinkedIn and X.

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.

Marsh McLennan is committed to embracing a diverse inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background disability ethnic origin family duties gender orientation or expression marital status nationality parental status personal or social status political affiliation race religion and beliefs sex/gender sexual orientation or expression skin color veteran status (including protected veterans) or any other characteristic protected by applicable law. If you have a need that requires accommodation please let us know by contacting

Marsh McLennan is committed to hybrid work which includes the flexibility of working remotely and the collaboration connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one anchor day per week on which their full team will be together in person.

Employment Type

Full-Time

Company Industry

Key Skills

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About Company

Marsh McLennan

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