Actuarial and Strategy Consultant - Integrated Consulting Group
Oliver Wyman Group, New York, NY, United States
Who We Are?
Oliver Wyman is a leading global management consulting firm. With a presence in 60 cities across 29 countries, we integrate deep industry insights with specialized expertise in strategy, operations, risk management, and organizational transformation. Our global team of over 5,000 professionals collaborates with clients to optimize operations, enhance risk profiles, and boost organizational performance, allowing them to seize enticing opportunities. Job Specification
Team: Integrated Consulting Group Role: Consultant Team Overview: Integrated Consulting Group
The Integrated Consulting Group (ICG) is a collaborative effort merging Oliver Wyman's Actuarial and Management Consulting teams. We work on diverse projects for Insurers and Asset Managers, leveraging both technical actuarial skills and strategic insights to deliver transformative experiences for clients. Our services encompass a variety of topics, including underwriting, pricing, strategy development, M&A, financial effectiveness, product management, operational excellence, and distribution. Develop operational frameworks for Finance and Actuarial functions of insurers, enhancing their data capabilities and technology for product design, pricing updates, and reserve calculations. Establish greenfield insurers through comprehensive strategies, from technology selection to implementation. Design multi-year corporate strategies for Independent Broker Dealers that encapsulate product development, distribution, operations, and technology. Role
As a consultant, you will experience excellent career progression opportunities in a dynamic environment. Initial responsibilities will include: Executing individual project workstreams, encompassing hypothesis development, data management, model creation, analysis, research, and deriving insights. Synthesizing findings into clear, visual presentations for clients and stakeholders. Supporting senior members in project delivery with precise, high-quality execution. Desired Skills and Experience
We value diverse backgrounds and skill sets tailored for each unique project. Ideal candidates should possess: A Bachelor's degree in Actuarial Science, Statistics, Mathematics, or another STEM field, graduated in 2026 or with 1-2 years of experience. Successfully passed at least 1 actuarial exam. An eagerness to understand the intricacies of insurance products. A proven ability to meet tight deadlines in fast-paced environments. Strong strategic problem‑solving skills with demonstrated analytical capabilities. Exceptional written and verbal communication skills. Willingness to travel. Why Join Us?
If challenges excite you and you enjoy diverse cultural interactions, we welcome you. Step out of your comfort zone and explore your curiosity. Our consultants receive on‑the‑job training alongside formal training to develop vital communication, presentation, analytical, and client management skills. Join a team of genuine colleagues focused on making a lasting impact together. Embrace flexibility, including hybrid working options, and participate in employee resource groups and social activities. Immediate Impact, Continuous Challenge
Engage with challenging projects that significantly influence clients, industries, and societies from day one. Be prepared to challenge the status quo and strive to innovate and improve. Build trust‑based relationships with stakeholders and deliver meaningful results from the outset. Experience a steep learning curve with new opportunities on each project and collaborate with specialists in various fields. Expect opportunities to travel both domestically and internationally. We Hire You to Be You
Our culture fosters an open and inclusive environment where you can be your authentic self. Work alongside approachable colleagues who take their work seriously without taking themselves too seriously. Experience a culture without corporate barriers and with a focus on personal career advancement. How to Apply
If you resonate with our vision, we encourage you to reach out. To learn more about our firm during your application process, please visit our careers page. Oliver Wyman is an equal opportunity employer. Full-Time Compensation
The applicable base pay for this role ranges from $90,000 to $100,000, commensurate with the number of actuarial exams completed. Compensation will be determined based on factors including experience, skills, certifications, and education. Unrestricted U.S. work authorization is required for this position. Oliver Wyman does not provide sponsorship for this role. Oliver Wyman, part of Marsh, a global leader in risk and management consulting, advises clients across a wide spectrum of risks. We aim to create a diverse, inclusive, and flexible work environment where we attract and retain top talent. If you require accommodation, please reach out to us directly.
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Oliver Wyman is a leading global management consulting firm. With a presence in 60 cities across 29 countries, we integrate deep industry insights with specialized expertise in strategy, operations, risk management, and organizational transformation. Our global team of over 5,000 professionals collaborates with clients to optimize operations, enhance risk profiles, and boost organizational performance, allowing them to seize enticing opportunities. Job Specification
Team: Integrated Consulting Group Role: Consultant Team Overview: Integrated Consulting Group
The Integrated Consulting Group (ICG) is a collaborative effort merging Oliver Wyman's Actuarial and Management Consulting teams. We work on diverse projects for Insurers and Asset Managers, leveraging both technical actuarial skills and strategic insights to deliver transformative experiences for clients. Our services encompass a variety of topics, including underwriting, pricing, strategy development, M&A, financial effectiveness, product management, operational excellence, and distribution. Develop operational frameworks for Finance and Actuarial functions of insurers, enhancing their data capabilities and technology for product design, pricing updates, and reserve calculations. Establish greenfield insurers through comprehensive strategies, from technology selection to implementation. Design multi-year corporate strategies for Independent Broker Dealers that encapsulate product development, distribution, operations, and technology. Role
As a consultant, you will experience excellent career progression opportunities in a dynamic environment. Initial responsibilities will include: Executing individual project workstreams, encompassing hypothesis development, data management, model creation, analysis, research, and deriving insights. Synthesizing findings into clear, visual presentations for clients and stakeholders. Supporting senior members in project delivery with precise, high-quality execution. Desired Skills and Experience
We value diverse backgrounds and skill sets tailored for each unique project. Ideal candidates should possess: A Bachelor's degree in Actuarial Science, Statistics, Mathematics, or another STEM field, graduated in 2026 or with 1-2 years of experience. Successfully passed at least 1 actuarial exam. An eagerness to understand the intricacies of insurance products. A proven ability to meet tight deadlines in fast-paced environments. Strong strategic problem‑solving skills with demonstrated analytical capabilities. Exceptional written and verbal communication skills. Willingness to travel. Why Join Us?
If challenges excite you and you enjoy diverse cultural interactions, we welcome you. Step out of your comfort zone and explore your curiosity. Our consultants receive on‑the‑job training alongside formal training to develop vital communication, presentation, analytical, and client management skills. Join a team of genuine colleagues focused on making a lasting impact together. Embrace flexibility, including hybrid working options, and participate in employee resource groups and social activities. Immediate Impact, Continuous Challenge
Engage with challenging projects that significantly influence clients, industries, and societies from day one. Be prepared to challenge the status quo and strive to innovate and improve. Build trust‑based relationships with stakeholders and deliver meaningful results from the outset. Experience a steep learning curve with new opportunities on each project and collaborate with specialists in various fields. Expect opportunities to travel both domestically and internationally. We Hire You to Be You
Our culture fosters an open and inclusive environment where you can be your authentic self. Work alongside approachable colleagues who take their work seriously without taking themselves too seriously. Experience a culture without corporate barriers and with a focus on personal career advancement. How to Apply
If you resonate with our vision, we encourage you to reach out. To learn more about our firm during your application process, please visit our careers page. Oliver Wyman is an equal opportunity employer. Full-Time Compensation
The applicable base pay for this role ranges from $90,000 to $100,000, commensurate with the number of actuarial exams completed. Compensation will be determined based on factors including experience, skills, certifications, and education. Unrestricted U.S. work authorization is required for this position. Oliver Wyman does not provide sponsorship for this role. Oliver Wyman, part of Marsh, a global leader in risk and management consulting, advises clients across a wide spectrum of risks. We aim to create a diverse, inclusive, and flexible work environment where we attract and retain top talent. If you require accommodation, please reach out to us directly.
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