Closer to client-facing consulting than a modelling-heavy IC role because executive presentations, sales meetings, and deal participation are explicit.
Senior Manager-level Life actuarial consulting role in Boston, focused on US life and annuity M&A, pricing, product development, and due diligence. You will build transaction models, advise clients, present to senior executives, and lead projects in a hybrid setting with at least three office days per week.
Requirements
Must have
Prior life insurance M&A and pricing experience is required
Strongly preferred
5+ years of professional experience in financial consulting or insurance
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
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
Nice to have
FSA designation (preferred)
Familiarity with profitability measure calculations and develop sensitivity analyses for a broad range of life insurance and annuity products
Skills & Domain
DomainLife insurance M&A and pricingActuarial pricing model developmentProduct development lifecycle and inforce policy managementRisk management and regulatory complianceExposure to US NAIC, GAAP, IFRS, Solvency II
Oliver Wyman Actuarial – Life/Annuities Senior Manager