Oliver Wyman Actuarial and Strategy Consultant - Integrated Consulting Group
National African-American Insurance Association (NAAIA), Albany, NY, United States
Job Specification
Team: Integrated Consulting Group
Location: New York, Chicago
Role: Consultant
Team Overview: Integrated Consulting Group 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 a range of topics including underwriting and pricing, strategy development, M&A, financial effectiveness, product design and management, operational excellence, and distribution.
Recent examples of our impact include:
Developing a target operating model for the Finance and Actuarial functions of a life insurer to empower them with enhanced data and technology to design products, perform pricing updates, and calculate reserves.
Establishing a greenfield insurer from strategy formulation, technology selection across the value chain, project planning through to implementation.
Designing a multi-year corporate strategy for an Independent Broker Dealer that included product development, distribution, operations and technology components.
Role Our consulting roles offer excellent career and growth opportunities. Your initial responsibilities will include:
Execution of individual project workstreams: developing hypotheses; managing data collection, model creation and analysis; conducting primary and secondary research; creatively tackling information limitations; and 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
Graduate of the class of 2026 or candidates with 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 explore 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.
Full‑Time Compensation The applicable base pay for this role ranges from $90,000 to $120,000 and is based on the number of Actuarial exams completed. The base salary may be adjusted based on experience, skills, training, location, certifications, and education. Decisions are made on a case‑by‑case basis, and the position may be eligible for performance‑based incentives.
Unrestricted U.S. work authorization is required for U.S. office locations. Oliver Wyman does not offer sponsorship for this position.
Oliver Wyman is an equal opportunity employer.
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Location: New York, Chicago
Role: Consultant
Team Overview: Integrated Consulting Group 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 a range of topics including underwriting and pricing, strategy development, M&A, financial effectiveness, product design and management, operational excellence, and distribution.
Recent examples of our impact include:
Developing a target operating model for the Finance and Actuarial functions of a life insurer to empower them with enhanced data and technology to design products, perform pricing updates, and calculate reserves.
Establishing a greenfield insurer from strategy formulation, technology selection across the value chain, project planning through to implementation.
Designing a multi-year corporate strategy for an Independent Broker Dealer that included product development, distribution, operations and technology components.
Role Our consulting roles offer excellent career and growth opportunities. Your initial responsibilities will include:
Execution of individual project workstreams: developing hypotheses; managing data collection, model creation and analysis; conducting primary and secondary research; creatively tackling information limitations; and 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
Graduate of the class of 2026 or candidates with 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 explore 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.
Full‑Time Compensation The applicable base pay for this role ranges from $90,000 to $120,000 and is based on the number of Actuarial exams completed. The base salary may be adjusted based on experience, skills, training, location, certifications, and education. Decisions are made on a case‑by‑case basis, and the position may be eligible for performance‑based incentives.
Unrestricted U.S. work authorization is required for U.S. office locations. Oliver Wyman does not offer sponsorship for this position.
Oliver Wyman is an equal opportunity employer.
#J-18808-Ljbffr