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Oliver Wyman · 2 months ago

Oliver Wyman Actuarial – Life Insurance Principal – Life

New York, NY

Full-time

Hybrid

Lead/Staff

$185K/yr - $270K/yr

12+ years exp

Oliver Wyman is a global leader in management consulting, and they are seeking a talented Principal with expertise in life insurance product development and pricing initiatives. The role involves leading product development, fostering client relationships, and providing thought leadership in the life insurance sector.

ConsultingFinanceFinancial ServicesRisk Management

Growth Opportunities

H1B Sponsor Likely

Responsibilities

Be one of the firm’s staff with deepest subject matter expertise of life insurance product development and pricing

Develop new or foster existing client relationships with a focus on clients leading life insurance sales and innovation

Lead or participate in client business development meetings and develop proposals related to any life insurance related topic

Review, analyze, and critique financial projections of life insurance products

Provide thought leadership, including oversight and/or creation of intellectual capital

Develop and present client and industry presentations, surveys, case studies

Provide SME support for life insurance mergers & acquisitions and block reinsurance transactions

Work in partnership with our management consulting and strategy practice regarding life insurance products

Qualification

FSA certificationLife insurance product developmentPricing strategiesRegulatory complianceFinancial modeling systemsProject managementStaff managementMicrosoft Office proficiencyCommunication skills

Required

FSA with 12+ years of professional experience

Robust life insurance product development experience, including but not limited to: developing pricing models, filing new products, managing non-guaranteed elements, developing innovative features for life insurance products, working with sales and distribution partners, experience with illustration, filing requirements and regulatory compliance

Strong project management and project team leadership skills

Ability to manage and develop staff

Strong written and oral communication skills

Strong skills with the Microsoft Office suite

Preferred

Expert-level understanding of Term, Whole Life, UL(SG), IUL, and VUL product pricing and monitoring

Expert-level understanding of innovation in the sales process to consumers, including accelerated underwriting expertise and MLM programs

Expert-level understanding of illustration systems and requirements (especially for IUL illustrations)

Knowledge of final expense, preneed, COLI/BOLI and life adjacent products helpful

Knowledge of financial modeling systems

Benefits

Health and welfare benefits

Tuition assistance

401K savings and other retirement programs

Employee assistance programs

Company

Oliver Wyman

Glassdoor4.2

Oliver Wyman is a management consulting firm that specializes in strategies, operations, risk management, and organizational transformation. It is a sub-organization of Marsh & McLennan.

Founded in 1984

New York, New York, USA

5001-10000 employees

http://www.oliverwyman.com

H1B Sponsorship

Oliver Wyman has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (18)

2024 (14)

2023 (18)

2022 (17)

2021 (19)

2020 (34)