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Oliver Wyman Actuarial - P&C - Business Development-Focused Principal/Senior Pri

Oliver Wyman, Chicago, IL, United States


Principal/Senior Principal – Property & Casualty Location: Flexible, but Chicago strongly preferred Reports to: Global Strategy Development Leader and Region Leader

Job Overview Oliver Wyman’s Property & Casualty Actuarial Consulting Practice seeks an experienced consultant to join the team as a Principal/Senior Principal. The role will lead business development initiatives in the P&C region, support the expansion strategy, and steer engagements with a broad client base that includes large self‑insured corporations, captive insurance companies, (re)insurers, investment firms, state regulators, and healthcare providers.

Responsibilities

Ownership of the business development plan and revenue target for the P&C region, focusing on large account pursuits.

Supervise business development collaboration with senior managers and principals, maintaining a comprehensive view of BD-related engagements across the practice.

Create and deliver monthly updates of business development activity to the regional leaders.

Actively identify and encourage the development of subject matter experts in chosen fields.

Review and validate client deliverables, ensuring technical accuracy on analyses, templates, and exhibits.

Mentor junior staff, fostering their career growth and professional advancement.

Prepare and deliver high-quality exhibits and written reports for client presentations.

Strengthen client relationships and drive business development activities, guiding proposal and presentation preparation.

Manage a diverse range of actuarial projects, including loss reserving, pricing/ratemaking, predictive modeling, economic capital modeling, and loyalty rewards programs.

Qualifications & Desired Skills

Demonstrated ability to lead and manage client relationships.

ACAS/FCAS credentials or similar qualifications with 10+ years of consulting experience focused on Property and Casualty clients.

Exceptional organizational skills, with proven ability to prioritize and handle multiple projects in a fast‑paced environment.

Excellent written and verbal communication skills, building strong relationships with clients, colleagues, and industry stakeholders.

Proven ability to foster a culture of inclusiveness, innovation, and continuous improvement within the practice and across the organization.

Willingness to travel as needed to support client engagements and business development activities.

Self‑motivated and proactive, with a demonstrated ability to develop client‑oriented solutions.

Collaborative team player, capable of working effectively in a cross‑functional environment.

EEO Statement Marsh McLennan is committed to embracing diversity, inclusiveness, and flexibility in the workplace. We aim to attract and retain the best people regardless of sex/gender, marital or parental status, ethnicity, nationality, age, background, disability, sexual orientation, gender identity, or any other characteristic protected by law. If you need accommodation, please contact TANA@mmc.com.

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