Actuarial Analyst - Life Practice (Chicago/Hartford)

About the role

Oliver Wyman's Actuarial Practice offers customized actuarial services to insurers, provider systems, regulators and private equity firms. This Life Practice Actuarial Analyst role focuses on life, annuity and long-term care work, including pricing, valuation and actuarial model transformation. It is based in Chicago or Hartford.

Key responsibilities

• 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
• Work on projects such as life and annuity product development and pricing, assumption setting and model methodology review, M&A due diligence and financial projections, and model transformation and long-term care analytics

Required profile

• Pursuing or recently completed a degree in Actuarial Science, Mathematics, Statistics or a related field
• At least one actuarial exam passed (required)
• Permanent, unrestricted U.S. work authorization; visa sponsorship is not available
• Nice to have: relevant experience in life insurance or actuarial work (not required)

Required skills

• Strong analytical and quantitative skills
• Excellent written and verbal communication
• Ability to manage multiple priorities in a fast-paced environment
• Preferred: Excel; familiarity with R, Python, SQL, SAS or VBA

What we offer

• Base salary of $65,000 - $110,000 USD depending on role, location, exams and experience
• 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
• Hybrid work option, with colleagues in the office at least three days per week

To apply, rank your preferred practice area (Life is the only one available) and indicate your preferred office (Chicago or Hartford).