M&A Consulting Actuary – US Property & Casualty

About the role

Oliver Wyman's US Property & Casualty (P&C) Actuarial Practice is hiring a Consulting Actuary for its mergers and acquisitions (M&A) team. The role contributes to due diligence and analytical work across reinsurance and acquisition processes, in the US and globally, and supports projects for insurance and reinsurance companies, asset managers, private equity firms, investment banks, law firms and regulators. The position is full-time, hybrid or remote, with a preference for the Northeast US/Canada.

Key responsibilities

• Carry out 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 simple 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 take part in client sales meetings and proposal development
• Work with management consulting and actuarial practices in the US and globally

Required profile

• BA/BS degree in Actuarial Science, Mathematics, Statistics, Economics, Finance or a related field
• 3+ years of professional actuarial experience in consulting or insurance
• FCAS credential required
• Broad exposure to P&C insurance (pricing, reserving, data & analytics, risk management) with expertise in at least one area, preferably across multiple lines
• Prior M&A experience preferred but not required

Required skills

• Project leadership, delegation and client solution development
• Proficiency in open-source programming languages such as Python or R
• Ability to meet tight deadlines and work on multiple projects at once
• Strong communication skills

What we offer

• Base salary range of USD 100,000 to 195,000, depending on experience, skills, location and certification
• Performance-based pay program with year-end bonuses
• A comprehensive benefits package