Senior Actuary / Actuarial Manager

Related keywords: data analytics remote jobremote job financedata science remote job

This page contains product affiliate links.

Job Overview

The position offered is for a Senior Actuary / Actuarial Manager at Oliver Wyman, a global leader in management consulting, with a presence in over 70 cities worldwide. The role is based in London and follows a hybrid work model, blending office presence with remote work flexibility. This job opportunity is tailor-made for seasoned professionals in the actuarial field, offering a chance to be part of a rapidly expanding team specialized in Property & Casualty (P&C) actuarial services.

Company Background

Oliver Wyman is renowned for its deep industry knowledge and specialized expertise in strategy, operations, risk management, and organizational transformation. The Actuarial Practice provides customized services and strategic insights to clients aiming to exceed their business objectives. Joining this firm means immersing oneself in a dynamic environment alongside industry leaders.

Job Responsibilities

As a Senior Actuary or Actuarial Manager, you will:

• Work closely with actuarial teams across Europe and other regions.

• Independently analyze complex problems and devise innovative solutions for clients, focusing on claims analytics and data visualization.

• Collaborate with Data & Analytics experts to leverage advanced predictive modeling techniques.

• Engage in various client projects such as:

  • Capital and financial reporting including capital optimization and understanding the latest regulatory changes.
  • Independent reserve reviews, process transformation, automation initiatives, and methodology reviews.
  • Involvement in M&A due diligence, strategy development, and financial forecasting.
  • Carry out actuarial model conversions and optimization in key areas including Reserving, Pricing, and Capital.
  • Present to clients and contribute to business development initiatives, including proposal management and stakeholder interaction.

These responsibilities indicate a demanding yet rewarding role as you contribute to the growing consultancy and gain exposure to a variety of client engagements, including working with top-tier insurance companies and financial institutions.

Required Skills and Qualifications

Candidates for this role must meet certain minimum qualifications:

• A Bachelor’s or Master’s degree in Actuarial Science, Mathematics, Statistics, Finance, or a related field.
• A minimum of 2 years of relevant P&C actuarial experience for the Consultant level, and at least 5 years for the Senior Consultant level and above.
• Knowledge in finance and risk management topics, with a strong grasp of technical aspects like Solvency II internal models, ORSA, and IFRS 17.
• Proficiency in modeling skills, particularly practical experience with coding languages such as R or Python is preferred.

You will be part of a diverse team focused on collaboration and innovation, and you will learn from some of the industry's top consultants as you work on pivotal projects.

Work Environment and Culture

Oliver Wyman prides itself on being a meritocratic environment where diverse talent from various backgrounds contributes to collaborative solutions. The young and dynamic workforce pushes for excellence while embracing a culture of flexibility—it ensures a work-life balance while striving for ambitious goals.

Hybrid work at Marsh McLennan (Oliver Wyman’s parent company) ensures employees can benefit from both in-office camaraderie and the convenience of remote work, accommodating personal needs.

Salary and Benefits

The available job description does not specify a salary range. However, senior positions in actuarial roles often provide competitive compensation, reflecting the level of expertise and contribution to the organization. Benefits typically include healthcare, retirement plans, and other incentives, enhancing the overall employee experience.

Conclusion

The Senior Actuary / Actuarial Manager position at Oliver Wyman is an excellent opportunity for professionals seeking to impact the actuarial field significantly. With a focus on advanced analytics and a supportive work culture, this role offers a unique chance to contribute to transformative projects in a thriving consultancy. Candidates who are qualified and eager to join a collaborative team should consider applying, as Oliver Wyman continues to expand its influence and capabilities in the actuarial landscape.

This job offer was originally published on jooble.com