Closer to client-facing consulting than a pricing partner role because the work spans multiple transactions, due diligence, executive presentations, and business development.
Senior Manager-level Life actuarial consulting role in Philadelphia, focused on M&A, reinsurance transactions, pricing, and product-related work for life and annuity clients. You’ll build financial models, lead actuarial due diligence, present recommendations to senior executives, and support business development. The hybrid role expects at least three days per week in an office or with clients.
Requirements
Must have
Prior life insurance M&A and pricing experience
Strongly preferred
5+ years of professional experience in financial consulting or insurance
FSA designation
Demonstrated experience in actuarial pricing model development, profitability projections, and data flow management
Strong background in risk management, sensitivity analysis, and regulatory compliance testing
Proven experience in product development lifecycle and inforce policy management
Familiarity with profitability measure calculations and develop sensitivity analyses for a broad range of life insurance and annuity products
Broad exposure to life insurance, annuity and/or long-term care knowledge and industry recognition in areas such as product development, valuation, financial reporting, and risk management with subject matter expertise in at least one area
Ability to lead and manage projects, including effective delegation and client solution development
Exposure to various accounting regimes (e.g. US NAIC, Bermuda EBS, US GAAP, IFRS, Solvency II)
Proficiency in financial modeling, pricing, valuation with a focus on base case profitability and stress analysis
Ability to deliver against tight deadlines, in fast-paced, demanding environments
Detail oriented with the ability to work on multiple projects concurrently
Evidence of intellectual curiosity and ability to think strategically and creatively
Self-motivated, an entrepreneurial attitude, and not afraid of long hours
Skills & Domain
DomainLife insurance M&A and pricingActuarial pricing model developmentProfitability projections and data flow managementProduct development lifecycleInforce policy management
Oliver Wyman Actuarial – Life/Annuities Senior Manager
