Actuarial Manager or Senior Consultant - UK P&C

Related keywords: remote job financedata science remote jobremote job europe

This page contains product affiliate links.

Job Overview

Oliver Wyman, a renowned global management consulting firm, is actively seeking candidates for the position of Actuarial Manager or Senior Consultant within its UK Property & Casualty (P&C) division. This role is primarily based in London and presents a unique opportunity for professionals looking to expand their careers in actuarial consulting, particularly in the P&C insurance sector. The firm is looking for professionals who are either partially or fully qualified actuaries to contribute to a fast-growing team and help strengthen their local consultancy while being part of a global practice.

Company Background

Established as a leader in management consulting, Oliver Wyman has offices in over 70 cities across 30 countries. The company operates under a distinct client-centric philosophy and is dedicated to delivering exceptional results through innovative strategies that cater to the unique needs of their clients across various industries. The Actuarial Practice at Oliver Wyman focuses on providing tailored actuarial services and insightful strategic guidance aimed at helping clients achieve their business objectives. Their commitment to forge lasting relationships with clients is reflected in their high retention rates among both clients and employees.

Responsibilities

As an Actuarial Manager or Senior Consultant, your responsibilities will entail:

• Collaborating with actuarial teams across Europe while independently solving complex challenges for clients.
• Engaging with innovative projects such as capital optimization, independent reserve reviews, and process transformation initiatives.
• Participating in the development and maintenance of intellectual capital through modern data science techniques and methodologies.
• Involvement in M&A due diligence, managing client presentations, and contributing to internal business development efforts.
• Supporting various projects related to risk management, actuarial model conversions, and industry presentations.
• Offering insights on regulatory reforms such as IFRS 17 and Solvency II and representing the firm in diverse capacities within the industry.

Required Skills and Qualifications

Candidates interested in this role should possess the following qualifications:

• Bachelor's or Master’s degree in Actuarial Science, Mathematics, Statistics, Finance, or a comparable area of study.
• A minimum of 2 years of actuarial experience for a Consultant role and 5 years for Senior Consultant.
• Either partially or fully qualified actuary (FIA or equivalent).
• Strong theoretical knowledge of finance, risk management, and technical aspects like Solvency II internal models.
• Proficient modeling skills with practical experience in coding languages (e.g. R, Python).
• Familiarity with UK Lloyd's Capital Requirements and industry challenges is highly beneficial.
• Outstanding communication skills, both written and verbal, and strong problem-solving capability.
• Proactive attitude with the capability to lead initiatives.

Work Environment and Company Culture

Oliver Wyman champions a culture that values inclusion, collaboration, and meritocracy, promoting an environment where unique ideas can flourish. They prioritize a flexible work culture, incorporating a hybrid model that balances remote work with in-office collaboration. Work-life balance is emphasized, encouraging employees to pursue personal and professional growth harmoniously.

Career Development and Opportunities

By joining Oliver Wyman, employees tap into a vast pool of resources for professional development. The consultancy encourages its employees to contribute to significant impact-driven projects while fostering an environment that nurtures leadership, innovation, and diversity in thought and experience. Employees are also afforded the freedom to explore new and emerging ideas, all the while supported by industry leaders and experienced consultants.

Compensation and Benefits

Although the salary details for this position are not specified, compensatory packages at Oliver Wyman typically include competitive salaries, performance-related bonuses, and various benefits. The organization also provides opportunities for career breaks and values flexibility in workload management, which can contribute to overall job satisfaction and work engagement.

Conclusion

Embarking on a career with Oliver Wyman as an Actuarial Manager or Senior Consultant opens doors to work in a dynamic environment where you can significantly contribute to a rapidly evolving sector. Candidates who possess strong expertise in actuarial functions, coupled with a passion for driving innovative solutions in P&C insurance, will find this opportunity immensely rewarding. With a commitment to fostering growth and development, Oliver Wyman not only aids in building your professional journey but also positions you to make a meaningful impact within the broader insurance landscape.

This job offer was originally published on jooble.com