Overview
In this role you will contribute to Oliver Wyman Actuarial’s growing UK practice by applying actuarial expertise to complex capital, risk, and regulatory projects. You will work with cross-border teams to deliver innovative capital modelling, model validation, and strategic insights for property & casualty clients. The position offers exposure to leading clients, collaboration with data and analytics specialists, and opportunities to lead emerging ideas. You will help shape solutions that drive client value across markets.
Pay / Benefits
- hybrid work (London, office)
- diverse and inclusive culture
- global exposure and collaboration
- career development opportunities
- work with leading insurers and financial institutions
- engaged, entrepreneurial environment
Responsibilities
- Analyse and solve complex actuarial problems for clients across Europe and beyond
- Lead on new and emerging ideas, leveraging wider Oliver Wyman and Marsh networks
- Support capital-related projects including internal model approvals (IMAP), model changes, and documentation
- Contribute to capital and financial reporting work using available tools
- Engage in M&A due diligence, strategy, model development and projections for UK statutory earnings
- Provide risk management support including validation, risk appetite reviews, and climate risk practices
- Develop and maintain intellectual capital with data science techniques and new methodologies
- Prepare client presentations, surveys, case studies, tenders, and support business development
- Collaborate with Marsh group and other business lines to deliver integrated solutions
- Support reserve reviews, AI-enabled process transformation, and automation initiatives
- Contribute to actuarial model conversions and optimization (reserving, pricing, capital)
- Mentor and collaborate with junior colleagues and cross-functional teams
- Participate in broader actuarial consulting work with UK and overseas teams
- Involve in regulatory capital projects across Lloyd’s, UK and European regimes
Key requirements
- 3+ years of relevant Property & Casualty actuarial experience, especially Capital Modelling
- FIA or equivalent preferred
- Knowledge of Solvency II internal models, ORSA and IFRS 17
- Strong modelling skills with practical coding experience (R or Python) preferred
- Knowledge of Lloyd’s of London Capital Requirements
- Understanding of insurance industry challenges for clients
- Highly motivated and capable of working in a dynamic environment
- Excellent written and oral communication skills
- Self-starter with initiative and leadership ability
- Strong analytical and problem-solving abilities
- highly motivated
- strong initiative
- excellent communication
- capital modelling
- internal models (Solvency II)
- IFRS 17
Oliver Wyman Actuarial, P&C Team - Capital Modellers wanted (all levels) in London employer: Oliver Wyman Group
Oliver Wyman is an exceptional employer, offering a dynamic and inclusive work culture that prioritises collaboration and continuous learning. As a Learning Product Manager based in London, you will have the opportunity to shape high-impact learning experiences for senior consulting talent while enjoying competitive compensation, comprehensive benefits, and a flexible hybrid working policy that supports work-life balance. With a strong commitment to employee growth and development, Oliver Wyman empowers its team members to thrive and make a meaningful impact in their careers.
