Oliver Wyman Actuarial P&C Principal

Oliver Wyman

Principal Property & Casualty Actuarial Consulting

Location: Dallas Houston Charlotte Atlanta New York Philadelphia Boston Chicago Minneapolis Milwaukee and St. Louis

Company Overview

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 on their qualitative assessment 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.

Summary

Oliver Wymans Property & Casualty Actuarial Practice is seeking a high-performing Principal to lead complex client engagements drive business growth and help shape the future of actuarial consulting through innovation and AI-enabled solutions.

This role combines deep actuarial expertise with strategic leadership client relationship management and business development responsibility. The ideal candidate is a commercially minded leader who can oversee large client portfolios develop trusted executive relationships mentor teams and identify opportunities to expand the practices impact across the insurance ecosystem.

In addition to delivering traditional actuarial services such as reserving pricing and capital modeling this leader will help modernize delivery approaches by leveraging analytics automation and emerging AI technologies to create more scalable data-driven client solutions.

Responsibilities

Client Leadership & Delivery

• Lead large complex actuarial engagements for insurers reinsurers captives self-insured entities and corporate clients.
• Serve as the client lead overseeing project execution delivery quality timelines and client satisfaction.
• Provide strategic guidance and technical oversight across engagements which may include:
  • Loss reserving
  • Pricing and ratemaking
  • Predictive modeling
  • Economic capital modeling
  • Risk analytics
  • Warranty and loyalty programs
  • Translate complex actuarial analyses into actionable business insights and executive-level recommendations.
  • Ensure technical accuracy data integrity and compliance with quality standards.

Business Development & Growth

• Drive revenue growth by identifying expansion opportunities within existing accounts and developing new client relationships.
• Partner with regional leaders and cross-functional teams to support strategic growth initiatives.
• Lead or support proposals RFP responses client presentations and thought leadership efforts.
• Build and maintain strong relationships with senior client stakeholders brokers and industry partners.
• Contribute to market visibility through conference participation intellectual capital development and industry engagement.
• Help shape and execute regional and practice-level growth strategies.

AI Innovation & Modernization

• Champion the use of AI analytics automation and emerging technologies to enhance actuarial modeling reporting and operational efficiency.
• Partner with engineering analytics and modernization teams to translate actuarial business needs into scalable technical solutions.
• Identify opportunities to modernize client delivery models and improve the efficiency and quality of actuarial workflows.
• Support development of innovative tools methodologies dashboards and AI-enabled capabilities across the practice.
• Stay informed on industry trends and evolving technologies impacting actuarial consulting and insurance operations.

Leadership & People Development

• Lead coach and mentor consultants managers and analysts across project teams.
• Foster a culture of collaboration accountability innovation and inclusion.
• Support talent development through coaching performance feedback and career mentorship.
• Help build future practice leaders by encouraging technical depth client leadership and commercial acumen.
• Contribute to recruiting interviewing and onboarding efforts.

Qualifications

Required

• BA/BS degree in Actuarial Science Mathematics Statistics Economics or related field.
• ACAS or FCAS credential required.
• 10 years of actuarial consulting or insurance industry experience within Property & Casualty.
• Demonstrated success managing client relationships and leading complex engagements.
• Proven business development experience including generating new opportunities and expanding client relationships.
• Strong project management and organizational skills with the ability to manage multiple priorities in a fast-paced environment.
• Exceptional written and verbal communication skills with the ability to influence diverse audiences.
• Strong analytical and problem-solving capabilities with a client-oriented mindset.
• Advanced proficiency in Excel and PowerPoint.

Preferred

• Experience leveraging AI technologies automation tools or advanced analytics within actuarial or consulting environments.
• Knowledge of programming languages such as Python R SQL or similar analytical tools.
• Experience working with cross-functional technology or engineering teams.
• Thought leadership or industry visibility through publications speaking engagements or professional organizations.

What Success Looks Like

• Trusted advisor to senior client stakeholders and internal leadership teams.
• Strong contributor to regional and practice revenue growth.
• Effective leader of high-performing collaborative teams.
• Champion of innovation and modernization across actuarial delivery.
• Driver of scalable solutions that improve client outcomes and operational efficiency.

Why Work for Us

The Actuarial Practice of Oliver Wymanseeksto 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. There are employee groups for: the LGBT community racially and ethnically diverse employees women family lifeintrovertsand veterans of military service at Oliver Wyman.

Oliver Wyman offers a performance-based pay program that rewards colleagues for the contributions they make to our business results including year-end bonuses based on personal and corporate performance. We also offer an impressive array of benefits. Explore all the benefits offered atUS Benefits Marsh McLennan.

For more information please visit our website McLennan and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.

The applicable base salary range for this role is $180000 $250000.

The base pay offered will bedeterminedon factors such as experience skills training location certifications and education and any applicable minimum wage requirements. Decisions will bedeterminedon a case-by-case basis.

In addition to the base salary this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits tuition assistance 401K savings and other retirement programs as well as employee assistance programs.

Oliver Wyman is a business of Marsh (NYSE: MRSH) a global leader in risk reinsurance and capital people and investments and management consulting advising clients in 130 countries. With annual revenue of over $27 billion and more than 95000 colleagues Marsh helps build the confidence to thrive through the power of perspective. For more information or follow us onLinkedInandX.

The Actuarial Practice of Oliver Wyman a Marsh business 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 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 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 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.