Actuarial Manager/Senior Manager providing technical leadership in P&C insurance at Oliver Wyman. Responsible for validating models and guiding actuarial consultants in various projects.
Responsibilities
Provide technical leadership in your area of expertise as you support our practice’s business development and sales initiatives as well as client engagements.
Validate, challenge and sign‑off model outputs and assumptions (deterministic and stochastic), ensuring appropriate documentation and audit trails for committee and regulatory review.
Perform and oversee complex actuarial analyses, that meet actuarial standards of practice and prepare thorough actuarial documentation to support your work.
Lead internal client projects, and review changes made by project teams to ensure our deliverables address business objectives.
Communicate our actuarial findings and recommendations to key stakeholders, such as finance, risk and senior management.
Work closely with our actuarial developers: translate actuarial judgement into precise model requirements, review developer changes, and verify implementations through independent testing and reconciliation.
Prepare clear, executive‑level reports and present findings to senior stakeholders (Reserve Committees, CFO/Chief Actuary level), and mentor junior actuarial staff.
Requirements
Fellowship in a recognized actuarial body (e.g., FCAS/FIA) or equivalent senior actuarial qualification
Substantial hands‑on experience in reserving, pricing and/or capital/regulatory modelling within P&C insurance or reinsurance (multiple years’ operating independently on core actuarial processes)
Strong technical skills with actuarial tools and languages (experience with Python, VBA, SQL, or R is advantageous)
Demonstrated experience preparing actuarial reports or papers and interacting with senior stakeholders and auditors
Proven ability to challenge model development teams constructively and to translate actuarial judgement into testable, auditable requirements
Benefits
Competitive total rewards package
Health and welfare benefits
Tuition assistance
401K savings and other retirement programs
Employee assistance programs
Year-end bonuses based on personal and corporate performance
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