Marsh · 5 days ago
Oliver Wyman Actuarial – Life Insurance Principal – Life
Boston, MA
Full-time
Hybrid
Lead/Staff
$185K/yr - $270K/yr
12+ years expOliver 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 client relationships, developing proposals, and providing thought leadership in the life insurance sector.
ConsultingInsuranceRisk Management
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
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 is preferred
Expert-level understanding of innovation in the sales process to consumers, including accelerated underwriting expertise and MLM programs is preferred
Expert-level understanding of illustration systems and requirements (especially for IUL illustrations) a plus
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
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