Oliver Wyman Actuarial – Life/Annuities Senior Manager
Oliver Wyman
Oliver Wyman Actuarial – Life/Annuities Senior Manager
Chicago, Illinois, United States · Hybrid · 1mo ago
Individual Life ProtectionIndividual AnnuitiesLong Term Care
- Salary
- $100k - $195k
- Experience
- 5+ Years
Role Summary
Role type
Client-facing actuarial consulting
Closer to client-facing consulting than an in-house specialist role because the work spans transactions, proposals, sales meetings and executive presentations.
Senior Life actuarial consulting role in Chicago, with a hybrid schedule, focused on M&A, reinsurance and pricing for life, annuity and long-term care products. You’ll build transaction models, lead actuarial due diligence, advise senior executives and support client development.
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 sensitivity analyses for life/annuity products
- Broad exposure to life/annuity/LTC with subject matter expertise in at least one area
- Ability to lead and manage projects including delegation and client solution development
- Exposure to various accounting regimes (US NAIC, Bermuda EBS, US GAAP, IFRS, Solvency II)
- Proficiency in financial modeling, pricing, valuation with focus on profitability and stress analysis
- Ability to deliver against tight deadlines in fast-paced environments
- Detail oriented with ability to work on multiple projects concurrently
- Evidence of intellectual curiosity and strategic/creative thinking
- Self-motivated with entrepreneurial attitude and willingness to work long hours
Skills & Domain
DomainLife insurance M&A and pricingActuarial pricing model development and profitability projectionsRisk management, sensitivity analysis, and regulatory complianceProduct development lifecycle and inforce policy managementProfitability measure calculations and sensitivity analyses for life/annuity products
