Oliver Wyman Actuarial and Strategy Consultant - Integrated Consulting Group
Society of Simulation in Healthcare, New York, NY, United States
Who We Are
Oliver Wyman is a global leader in management consulting. With offices in 60 cities across 29 countries, we combine deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. We have more than 5,000 professionals worldwide who work with clients to optimize their business, improve operations and risk profile, and accelerate organizational performance.
Job Specification Team: Integrated Consulting Group Location: New York, Chicago Role: Consultant
Team Overview The Integrated Consulting Group (ICG) is a partnership between Oliver Wyman's Actuarial and Management Consulting teams. Members work on a wide variety of projects for insurers and asset managers, combining technical actuarial skills with a strategic mindset to create transformative moments for our clients. Our work spans underwriting and pricing, strategy development, M&A, financial effectiveness, product design and management, operational excellence, and distribution. Recent examples:
Developed a target operating model for the finance and actuarial functions of a life insurer.
Established a greenfield insurer from strategy formulation to implementation.
Designed a multi‑year corporate strategy for an independent broker‑dealer.
Role Our consulting roles offer excellent career and growth opportunities for hardworking professionals with relevant prior experience. Initial responsibilities include:
Executing individual project workstreams: developing hypotheses, managing data collection, model creation, and analyses; conducting primary and secondary research; creatively tackling information limitations; surfacing insights.
Synthesizing findings into written and visual presentations; reviewing and discussing with clients and stakeholders.
Supporting our partner group in project delivery through accurate and high‑quality execution.
Desired Skills and Experience Ideal candidates will have:
Graduated in 2026 or have 1–2 years of experience.
Currently pursuing or have completed a bachelor’s degree in Actuarial Science, Statistics, Mathematics, or another STEM field.
Successfully passed at least one actuarial exam.
Willingness to learn the inner workings of insurance products.
Track record of delivering against tight deadlines in fast‑paced, demanding environments.
Strong background in strategic problem solving with demonstrable analytical skills.
Outstanding written and verbal communication skills.
Willingness to travel.
ICG Job Simulation Experience what it’s really like to work at ICG by trying our Forage job simulation. This interactive simulation offers an exciting glimpse into a typical day in the role. Dive in and see firsthand how you could make an impact with us here: Oliver Wyman | Integrated Consulting Group | Forage.
Why Join Us?
Excitement by challenges and working across different cultures.
Step out of your comfort zone and embrace curiosity.
Formal training to develop communication, presentation, analytical, and client management skills.
Genuine colleagues who stand by their beliefs and measure success by lasting impact.
Flexibility, including hybrid working, and invitation to employee resource groups and social activities.
Immediate Impact, Continuous Challenge
Work on challenging projects with significant impact from day one.
Be brave, challenge the status quo, and strive to build something new.
Build trust‑based relationships with stakeholders and deliver breakthrough impact.
Expand your toolkit through projects, working with specialists who have deep subject‑matter expertise.
Travel within your home market and internationally as opportunities arise.
Click here to learn even more.
We Hire You to Be You
Open, inclusive, and down‑to‑earth culture that lets you bring your authentic self to work.
Colleagues who do serious work but don’t take themselves too seriously.
No corporate mold or hierarchical barriers to career progression.
How to Apply If you like what you’ve read, we’d love to hear from you. Visit www.oliverwyman.com/careers to learn more about the firm during your application process.
Full‑Time Compensation The applicable base pay for this role is $90‑100K and is based on the number of actuarial exams completed. Pay is determined on factors such as experience, skills, training, location, certifications, and education, on a case‑by‑case basis. In addition to the base salary, this position may be eligible for performance‑based incentives.
Work Authorization Unrestricted U.S. work authorization is required for U.S. office locations. Oliver Wyman does not offer sponsorship for this position. Please note that CPT and OPT are restricted forms of work authorization.
Equal Opportunity Employer Oliver Wyman is an equal opportunity employer.
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Job Specification Team: Integrated Consulting Group Location: New York, Chicago Role: Consultant
Team Overview The Integrated Consulting Group (ICG) is a partnership between Oliver Wyman's Actuarial and Management Consulting teams. Members work on a wide variety of projects for insurers and asset managers, combining technical actuarial skills with a strategic mindset to create transformative moments for our clients. Our work spans underwriting and pricing, strategy development, M&A, financial effectiveness, product design and management, operational excellence, and distribution. Recent examples:
Developed a target operating model for the finance and actuarial functions of a life insurer.
Established a greenfield insurer from strategy formulation to implementation.
Designed a multi‑year corporate strategy for an independent broker‑dealer.
Role Our consulting roles offer excellent career and growth opportunities for hardworking professionals with relevant prior experience. Initial responsibilities include:
Executing individual project workstreams: developing hypotheses, managing data collection, model creation, and analyses; conducting primary and secondary research; creatively tackling information limitations; surfacing insights.
Synthesizing findings into written and visual presentations; reviewing and discussing with clients and stakeholders.
Supporting our partner group in project delivery through accurate and high‑quality execution.
Desired Skills and Experience Ideal candidates will have:
Graduated in 2026 or have 1–2 years of experience.
Currently pursuing or have completed a bachelor’s degree in Actuarial Science, Statistics, Mathematics, or another STEM field.
Successfully passed at least one actuarial exam.
Willingness to learn the inner workings of insurance products.
Track record of delivering against tight deadlines in fast‑paced, demanding environments.
Strong background in strategic problem solving with demonstrable analytical skills.
Outstanding written and verbal communication skills.
Willingness to travel.
ICG Job Simulation Experience what it’s really like to work at ICG by trying our Forage job simulation. This interactive simulation offers an exciting glimpse into a typical day in the role. Dive in and see firsthand how you could make an impact with us here: Oliver Wyman | Integrated Consulting Group | Forage.
Why Join Us?
Excitement by challenges and working across different cultures.
Step out of your comfort zone and embrace curiosity.
Formal training to develop communication, presentation, analytical, and client management skills.
Genuine colleagues who stand by their beliefs and measure success by lasting impact.
Flexibility, including hybrid working, and invitation to employee resource groups and social activities.
Immediate Impact, Continuous Challenge
Work on challenging projects with significant impact from day one.
Be brave, challenge the status quo, and strive to build something new.
Build trust‑based relationships with stakeholders and deliver breakthrough impact.
Expand your toolkit through projects, working with specialists who have deep subject‑matter expertise.
Travel within your home market and internationally as opportunities arise.
Click here to learn even more.
We Hire You to Be You
Open, inclusive, and down‑to‑earth culture that lets you bring your authentic self to work.
Colleagues who do serious work but don’t take themselves too seriously.
No corporate mold or hierarchical barriers to career progression.
How to Apply If you like what you’ve read, we’d love to hear from you. Visit www.oliverwyman.com/careers to learn more about the firm during your application process.
Full‑Time Compensation The applicable base pay for this role is $90‑100K and is based on the number of actuarial exams completed. Pay is determined on factors such as experience, skills, training, location, certifications, and education, on a case‑by‑case basis. In addition to the base salary, this position may be eligible for performance‑based incentives.
Work Authorization Unrestricted U.S. work authorization is required for U.S. office locations. Oliver Wyman does not offer sponsorship for this position. Please note that CPT and OPT are restricted forms of work authorization.
Equal Opportunity Employer Oliver Wyman is an equal opportunity employer.
#J-18808-Ljbffr