Actuarial Consultant

4 weeks ago


London, Greater London, United Kingdom Oliver Wyman Full time

Actuarial Consultant Role

Oliver Wyman is seeking an Actuarial Consultant to join its UK team. As an Actuarial Consultant, you will work closely with the wider management consulting team and actuarial teams across Europe and other regions to independently analyse complex problems and develop innovative solutions for clients.

Key Responsibilities

  • Work alongside and learn from industry leaders and experienced consultants
  • Contribute to a broad range of client projects
  • Gain industry exposure with top-tier insurance companies, reinsurance companies, investment banks, law firms, regulators, private equity firms, and more
  • Take the initiative and lead on new and emerging ideas, leveraging the wider Oliver Wyman and Marsh McLennan organisations

Requirements

  • Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, Finance, or a related field
  • Minimum 2 years of relevant Property & Casualty actuarial experience for Consultant and at least 5 for Senior Consultant and above
  • Either part or fully qualified actuary (FIA or equivalent)
  • Knowledge of finance and/or risk management topics, including technical aspects such as Solvency II internal models, ORSA, and IFRS 17
  • SAO Signing certificate or knowledge of the SAO year-end process
  • Lloyds of London Capital Requirements
  • Strong modelling skills with practical experience in at least one coding language (e.g., R, Python)
  • Understanding of the insurance industry and the challenges faced by clients
  • Highly motivated and willing to work in a dynamic environment
  • Strong background in problem-solving with demonstrable analytical skills
  • Outstanding written and oral communication in both formal and informal settings
  • Self-starter, strong initiative, and the ability to take the lead where appropriate

Why Work at Oliver Wyman?

At Oliver Wyman, you will do meaningful work from day one. We are looking for individuals who challenge the norm and constantly strive to build something new for the firm and the world around us.

We have a collaborative, supportive, and impactful team environment. We want you to bring your authentic self to the team and enjoy working alongside diverse and down-to-earth colleagues who do serious work but who enjoy what they do.


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