Oliver Wyman Actuarial - Internship - Summer 2027

Actuarial & Strategy Intern – Integrated Consulting Group (ICG) Practice: Integrated Consulting Group ICG Overview: ICG combines actuarial expertise with strategy consulting to help insurers and asset managers solve complex challenges across finance, operations, product strategy, and M&A. Through its rotational model, ICG works across management consulting, Life, Health, and P&C practices; interns typically gain hands‑on experience in one or two of these areas during the summer. ICG Locations: Chicago, New York What You’ll Do As An ICG Intern Support consultants and actuaries in analyzing business problems using data, research, and structured problem‑solving approaches Conduct industry and market research to help inform client recommendations Assist in developing presentations, financial analyses, and other client deliverables Collaborate with project teams to support engagement execution and learn consulting best practices Example ICG 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 Class of 2028 or 2029 Currently pursuing a degree in Actuarial Science, Mathematics, Statistics, or another STEM or business‑related field Minimum GPA of 3.5 Interest in the CAS, SOA, or CFA track Strong interest in both strategy consulting and actuarial applications Strong analytical and problem‑solving skills, including the ability to navigate ambiguous or strategic business challenges 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 Intern – Health Health Overview: Advises health plans, providers, and regulators on pricing, risk management, and value‑based care using actuarial analysis and advanced analytics. Health Locations: Atlanta, Chicago, Milwaukee, Philadelphia, New York, San Francisco, Washington, D.C. What You’ll Do As a Health Intern Support actuarial analyses related to pricing, forecasting, and financial performance Work with healthcare datasets to identify trends, summarize findings, and develop insights Assist in preparing client‑ready presentations, exhibits, and analytical summaries Collaborate with consultants and actuaries to support project delivery and client service Example Health Projects Medical and pharmacy claims analysis and benchmarking Market and regulatory impact assessments Medicare and commercial rate development and reviews Medicare advantage bid development and commercial pricing Actuarial Intern – Life Life Overview: Focuses on life, annuity, and long‑term care work, including pricing, valuation, and actuarial model transformation. Life Locations: Atlanta, Boston, Charlotte, Chicago, Hartford, New York, Seattle What You’ll Do As a Life Intern Support actuarial modeling and analysis related to valuation, pricing, and financial projections Assist with data analysis, assumption reviews, and sensitivity testing exercises Research industry trends and emerging topics to support client engagements Prepare analyses, exhibits, and presentation materials for internal and client‑facing discussions Example Life 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 Cloud implementation, software development, and data engineering projects for actuarial teams Actuarial Intern – Property and Casualty (P&C) P&C Overview: Advises insurance companies, corporations, captive insurers, healthcare systems, and regulators on risk financing, reserving, pricing, and financial forecasting through actuarial analysis and data‑driven insights. P&C Locations: Atlanta, Charlotte, Chicago, Houston, Los Angeles, New York, San Francisco What You’ll Do As a P&C Intern Support actuarial analyses related to reserving, pricing, loss forecasting, and risk financing programs Compile, organize, and analyze data to develop exhibits and summarize key findings Assist with industry research, benchmarking studies, and business intelligence initiatives Collaborate with consultants and actuaries to develop client‑ready analyses and deliverables Example P&C Projects Reserve analyses and loss forecasting for self‑insured organizations and captive insurance companies Cash flow projections and financial modeling to support risk financing decisions Benchmarking studies and actuarial assessments across industries and risk programs M&A due diligence and transaction support for insurance‑related acquisitions Development and enhancement of business intelligence tools and actuarial applications Internship Compensation & Benefits Intern weekly pay (U.S.): $1,350 – 1,600 USD , depending on role, practice and location. 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) EEO Statement Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting View email address on click.appcast.io. #J-18808-Ljbffr Oliver Wyman