Oliver Wyman – Actuarial Analyst – Life

Marsh McLennan

Mumbai, Maharashtra
Permanent
Full-time

14 days ago

Company: Oliver WymanDescription:Oliver Wyman – Actuarial Analyst – LifeOffice/Regions available: Bangalore, IndiaCompany OverviewThe Actuarial Consulting Practice of Oliver Wyman advises clients across a broad spectrum of risk management issues. We are a rapidly growing practice with offices across the globe. Our actuaries hold the highest professional qualifications and are nationally recognized as experts in their field(s). We use mathematical and statistical modeling skills and our qualitative assessment methodologies to assist clients in evaluating and addressing risk. Our solutions help clients manage and prepare for the potential financial consequences of uncertain future events. We bring a combination of broad-based expertise with specialized knowledge of specific risks, allowing us to provide independent, objective advice in the three primary areas of risk: healthcare, life and annuity, and property and casualty.Oliver Wyman provides customized actuarial services and strategic insight, supporting clients as they strive to exceed their business objectives. Our exceptional client and employee retention exemplify our commitment to relationships built on trust, responsiveness and clear communication.The Actuarial Life Practice is a part of the broader Actuarial Practice which strives to be the consulting partner of choice for clients and employees, and to be recognized as the premier life, annuity and LTC actuarial consultancy by fostering the power of ideas to lead our industry, consistently helping clients achieve their strategic objectives, and gaining trusted advisor status. The practice seeks to inspire an entrepreneurial culture which fosters free flowing ideas, values diversity, and allows for challenges to the status quo. Its colleagues are proud to perform exciting, diverse, and leading-edge work.Job DescriptionJob Title: Actuarial Analyst – LifeDesired years of experience: 1-4 yearsOffice/Regions available: Bangalore, IndiaAs an Actuarial Analyst, you will work alongside and learn from Oliver Wyman’s industry leaders and other experienced consultants while contributing to a broad range of client projects. You will gain industry exposure with Oliver Wyman’s clients, which include top tier insurance companies, reinsurance companies, investment banks, law firms, state regulators, and private equity firms.Potential projects may include:

Actuarial Model Development of Life and annuity product, valuation, and analysis support
Supporting the transformation of pre and post actuarial model data and processes, including systems and financial reporting integration, analytics, and workflow
Asset Liability Management
Assisting with actuarial model conversions and optimization
Perform Actuarial model testing and validation
Attending client and industry presentations, surveys, case studies and marketing support
Development and maintenance of intellectual capital

Qualifications and Desired Skills

Bachelor’s or Master’s degree, preferably in Actuarial Science, Mathematics, Statistics, Finance or a related field
Commitment to passing actuarial exams
Track record of and desire for rapid learning, high performance, and professional growth
Strong written and oral communication skills
Excellent time management skills
Understanding of the value of collaboration, and the ability to work effectively in a team setting
Deep critical-thinking skills and problem-solving ability
Highly motivated individual and willingness to work in a dynamic environment
Strong skills with MS Excel, MS Access or other database software, with VBA or other programming languages experience
Experience in Moody’s AXIS is preferrable.

Why Work for UsOliver Wyman seeks to invest in its people by fostering a safe and inclusive environment, respecting and welcoming different perspectives, promoting an ownership culture, providing opportunities for individuals to develop their personal brand, and celebrating successes and rewarding performance.Oliver Wyman offers a performance-based pay program that rewards colleagues for the contributions they make to our business results, including year-end bonuses based on personal and corporate performance. We also offer an impressive array of benefits.For more information, please visit our website at .About Oliver WymanOliver Wyman is a global leader in management consulting. With offices in 70 cities across 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 7,000 professionals around the world who work with clients to optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman is a business of Marsh McLennan [NYSE: MMC]. For more information, visit www.oliverwyman.com. Follow Oliver Wyman on X @OliverWyman.Marsh McLennan 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, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh McLennan

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