Principal, P&C Actuarial Consulting

About the role

Oliver Wyman's Property & Casualty Actuarial Practice is seeking a Principal to lead complex client engagements, drive business growth and help shape the future of actuarial consulting through innovation and AI-enabled solutions. The role combines deep actuarial expertise with client relationship management and business development, and covers locations including Charlotte, Dallas, Houston, Atlanta, New York, Philadelphia, Boston, Chicago, Minneapolis, Milwaukee and St. Louis.

Key responsibilities

• Lead large, complex actuarial engagements for insurers, reinsurers, captives, self-insured entities and corporate clients, acting as client lead and overseeing delivery quality, timelines and client satisfaction.
• Provide technical oversight on loss reserving, pricing and ratemaking, predictive modeling, economic capital modeling, risk analytics and warranty and loyalty programs.
• Translate actuarial analyses into actionable business insights and executive recommendations, ensuring technical accuracy, data integrity and compliance with quality standards.
• Drive revenue growth by developing new client relationships, partnering with regional leaders, and leading or supporting proposals, RFPs, client presentations and thought leadership.
• Build relationships with senior client stakeholders, brokers and industry partners, and contribute to regional and practice growth strategies.
• Champion AI, analytics and automation to modernize actuarial modeling, reporting and workflows, and partner with engineering and analytics teams on scalable technical solutions.
• Mentor consultants, managers and analysts, support talent development, and contribute to recruiting, interviewing and onboarding.

Required profile

• BA/BS degree in Actuarial Science, Mathematics, Statistics, Economics or a related field.
• ACAS or FCAS credential required.
• 10+ years of actuarial consulting or insurance industry experience in Property & Casualty.
• Demonstrated success managing client relationships and leading complex engagements, with proven business development experience.
• Strong project management, communication and analytical skills, with advanced Excel and PowerPoint.
• Preferred: experience with AI, automation or advanced analytics, knowledge of Python, R or SQL, experience with cross-functional technology teams, and thought leadership or industry visibility.

What we offer

• Base salary range of $180,000 - $250,000, depending on experience, skills, location, certifications and education.
• Performance-based pay program with year-end bonuses.
• Health and welfare benefits, tuition assistance, 401K and other retirement programs, and employee assistance programs.