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Oliver Wyman Actuarial - Class of 2027 Full-Time Consultant and Analyst Roles

$65k - $110k

Oliver Wyman

Company Overview Oliver Wyman is a global leader in management consulting, with offices in 60 cities across 29 countries. We combine deep industry knowledge with specialized expertise in strategy, operations, risk management, and organizational transformation. Our 7,000+ professionals help clients optimize performance, improve operations and risk profiles, and capture the most attractive opportunities. Within Oliver Wyman, the Actuarial Practice provides customized actuarial services and strategic insight to insurers, provider systems, regulators, and private equity firms. We bring together actuarial expertise, advanced analytics, and technology to solve complex problems and enable forward‑looking decisions. Our team includes 600+ professionals (including 300 credentialed actuaries) across 41 global locations. We work closely with Marsh, Mercer, and Guy Carpenter to support clients on strategy, operations, capital efficiency, and large‑scale transformation. Roles Rank your preferred practice areas: Integrated Consulting Group (ICG) – Actuarial & Strategy Consultant, Health – Actuarial Analyst, Life – Actuarial Analyst. Actuarial & Strategy Consultant (ICG) Locations: Chicago, New York Overview ICG combines actuarial expertise with strategy consulting to help insurers and asset managers modernize finance functions, design products, execute M&A, and improve operations. What You’ll Do Analyze complex business problems using data, models, and structured thinking Conduct research and synthesize insights into clear recommendations Develop client‑ready materials (presentations, models, summaries) Collaborate with teams to support project delivery Example Projects Designing target operating models for finance and actuarial functions Supporting the launch of new or “greenfield” insurance businesses Developing corporate strategies across product, distribution, and operations Driving large‑scale transformation across actuarial, finance, and technology Qualifications and Skills Currently pursuing a degree in Actuarial Science, Mathematics, Statistics, or another STEM or business‑related field Class of 2027 Minimum GPA of 3.5 At least 1 actuarial CAS or SOA exam passed (or willingness to take actuarial exams) OR interest in pursuing the CFA designation Strong interest in both strategy consulting and actuarial applications Strong analytical and problem‑solving skills Excellent written and verbal communication Ability to manage multiple priorities in a fast‑paced environment Collaborative mindset with the ability to work independently Technical skills (preferred): Excel; familiarity with R, Python, SQL, SAS, or VBA Actuarial Analyst (Life) Locations: Atlanta, Boston, Charlotte, Chicago, Hartford, New York, Seattle, Toronto Overview Focuses on life, annuity, and long‑term care work, including pricing, valuation, and actuarial model transformation. What You’ll Do Develop and run actuarial models for valuation, pricing, and projections Analyze results and perform sensitivity testing to assess key drivers Support assumption development through data analysis and research Prepare clear analyses and contribute to client deliverables Example Projects Life and annuity product development, pricing, and valuation Assumption setting and model methodology review M&A due diligence and financial projections Model transformation, conversions, and long‑term care analytics Qualifications and Skills Pursuing or recently completed a degree in Actuarial Science, Mathematics, Statistics, or a related field At least 1 actuarial exam passed (required) Strong analytical and quantitative skills Excellent written and verbal communication Ability to manage multiple priorities in a fast‑paced environment Collaborative mindset with the ability to work independently Technical skills (preferred): Excel; familiarity with R, Python, SQL, SAS, or VBA Nice to have: Relevant experience in life insurance or actuarial work (not required) Actuarial Analyst (Health) Locations: Atlanta, Chicago, Milwaukee, Philadelphia, New York, San Francisco, Washington, D.C. Overview Advises health plans, providers, and regulators on pricing, risk management, and value‑based care using actuarial analysis and advanced analytics. What You’ll Do Build and analyze actuarial models to support pricing and financial decisions Work with healthcare datasets (e.g., claims) to identify trends and insights Translate technical analyses into clear, client‑ready deliverables Collaborate with teams to ensure high‑quality, timely execution Example Projects Medicare Advantage bid development and commercial pricing Medical and pharmacy claims analysis and benchmarking Market and regulatory impact assessments Provider contract and value‑based care analysis Qualifications and Skills Pursuing or recently completed a degree in Actuarial Science, Mathematics, Statistics, or a related field At least 1 actuarial exam passed (required) Strong analytical and quantitative skills Excellent written and verbal communication Ability to manage multiple priorities in a fast‑paced environment Collaborative mindset with the ability to work independently Technical skills (preferred): Excel; familiarity with R, Python, SQL, SAS, or VBA Nice to have: Relevant experience in health or actuarial work (not required) Compensation & Benefits Base salary range (U.S.): $65,000 – $110,000 USD , depending on role, location, exams, and experience. In addition, we offer: Actuarial exam support program (paid study time, exam reimbursement, study materials, first‑time pass incentives) Performance‑based incentives Health and wellness benefits 401(k) and retirement programs Employee assistance programs Work Authorization Candidates must have permanent, unrestricted U.S. work authorization. Visa sponsorship is not available for this role. (Please note, CPT and OPT are considered restricted forms of work authorization) Equal Opportunity Employer We are an equal opportunity employer. Qualified individuals regardless of gender, race, ethnicity, disability, age, or any other characteristic protected by law are encouraged to apply. If you need an accommodation, contact View email address on click.appcast.io. #J-18808-Ljbffr Oliver Wyman

Vacancy posted 2 days ago
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