Marsh · 1 week ago
Oliver Wyman Actuarial - Principal/Senior Principal - Property & Casualty
Chicago, IL
Full-time
Hybrid
Senior Level, Lead/Staff
$188K/yr - $400K/yr
10+ years expOliver Wyman is a global leader in management consulting, and they are seeking an experienced consultant to join their Property & Casualty Actuarial Consulting Practice as a Principal/Senior Principal. This role involves overseeing a portfolio of business, engaging with clients, and driving business development while managing complex client engagements and delivering high-quality reports and presentations.
ConsultingInsuranceRisk Management
Responsibilities
Leads complex client engagements, including managing overall service delivery and strategy for projects associated with calculating risk, determining ideal liability/claims reserve for a range of property and casualty risk exposures, and developing products for monitoring ongoing liability (such as dashboards)
Drives project management best practices in providing timely direction and guidance to ensure deadlines and service standards are met or exceeded
Manages day-to-day client contact/management to resolve project-related questions and challenges and may coach junior staff members in client interactions
Develops, reviews, and oversees the delivery of high-quality exhibits and written reports or presentations that summarize findings and their implications, ensuring effective communication of insights and recommendations to clients
Evaluate and verify client deliverables, ensuring technical accuracy and integrity across a diverse range of analyses, templates, and exhibits
Strengthen client relationships and drive business development activities, including guiding the preparation of proposals and presentations for prospective clients
Managing a diverse range of actuarial projects, including loss reserving, pricing/ratemaking, predictive modeling, and economic capital modeling
Drives business development by identifying potential areas of business growth in existing projects, new pursuits, collaborating with colleagues and brokers, responding to requests for information and proposals to achieve a Tier 1 managed revenue target
Monitors industry trends and participates in development of intellectual capital in order to further develop the company's service and product offerings and recognition in the P&C insurance industry
Actively identify and encourage the development of subject matter experts in their chosen field
Mentorship of junior staff, fostering their career growth and professional advancement through the company
Qualification
Required
Demonstrated ability to lead and manage relationships with clients
ACAS/FCAS credentials or similar qualifications with 10+ years of consulting experience focused on Property and Casualty clients, including self-insureds, captives, and (re)insurers
Proven track record of successfully identifying and pursuing new business development opportunities
Exceptional organizational skills, with proven ability to prioritize and handle multiple projects in a fast-paced work environment
Excellent written and verbal communication skills, with the ability to build strong relationships with clients, colleagues, and industry stakeholders
Proven ability to foster a culture of inclusiveness, innovation, and continuous improvement within the practice and across the broader organization
Willingness to travel as needed to support client engagements and business development activities
Self-motivated and proactive, with a demonstrated ability to develop client-oriented solutions
Collaborative team player, capable of working effectively in a cross-functional environment
Benefits
Performance-based incentives
Year-end bonuses based on personal and corporate performance
Impressive array of benefits
Company
Marsh
Marsh provides insurance brokering and risk management services for enterprises.
10001+ employees
H1B Sponsorship
Marsh 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 (26)
2024 (30)
2023 (39)
2022 (70)
2021 (34)
2020 (38)
Funding
Current Stage
Late StageTotal Funding
$0.21M2022-07-01Series Unknown· $0.21M
Leadership Team
L
Levee Brooks
Chief Operating Officer, North America
David Liston
US and Canada Chief Commercial Officer
Recent News
Insurance News in the United States
2025-12-13
2025-12-06
Company data provided by crunchbase