Actuarial Principal - P&C M&A

About the role

Oliver Wyman's Property and Casualty Consulting Practice is looking for a Principal to join its M&A team and lead the management, execution and delivery of projects for clients such as insurance and reinsurance companies, alternative asset managers, private equity firms, investment banks, law firms and regulators. The role combines deep actuarial expertise with client relationship management and business development, and is based flexibly, preferably in the Northeast US (e.g. New York).

Key responsibilities

• Lead actuarial due diligence for M&A and reinsurance transactions, reviewing actuarial reports, data and models to assess target reserves, loss ratio projections and pricing and underwriting practices.
• Quantify downside risk of potential transactions using stochastic models.
• Run exploratory data analysis on exposure and loss data, turning complex datasets into clear narratives and recommendations.
• Prepare executive-level management reports, including data visualizations, and present findings to senior management and C-suite executives.
• Build an industry network through deal participation, conferences and events, and lead client sales meetings and proposal development.
• Work with Oliver Wyman's management consulting and actuarial practices in the US and globally.

Required profile

• BA/BS in Actuarial Science, Mathematics, Statistics, Economics, Finance or a related field.
• 10+ years of professional actuarial experience in consulting or insurance.
• FCAS credential required.
• Demonstrated success managing client relationships and leading complex engagements.
• Proven business development experience, including generating new opportunities and expanding client relationships.
• Prior M&A experience preferred but not required.

Required skills

• Stochastic modeling and actuarial due diligence.
• Project management and organization, handling multiple priorities in a fast-paced environment.
• Exceptional written and verbal communication, able to influence diverse audiences.
• Analytical and problem-solving abilities, attention to detail and ability to work on several projects at once.
• Ability to meet tight deadlines and handle long hours.

What we offer

• Base salary range of $180,000 - $250,000, depending on experience, skills, location, certification and education.
• Performance-based incentives and year-end bonuses.
• Health and welfare benefits, tuition assistance, 401K and other retirement programs, and employee assistance programs.
• Hybrid work, with at least three days per week in the office or onsite with clients.