At a Glance
- Tasks: Lead annuity product initiatives and complex analyses to drive business growth.
- Company: Oliver Wyman is a global leader in risk management consulting, known for its expertise and innovation.
- Benefits: Enjoy hybrid work flexibility, competitive salary, performance bonuses, and a supportive, inclusive culture.
- Why this job: Join a rapidly growing team that values diverse perspectives and fosters professional development.
- Qualifications: 5+ years in annuities with strong analytical skills; advanced degrees or certifications preferred.
- Other info: Be part of a company that celebrates success and promotes continuous learning.
The predicted salary is between 72000 - 108000 ÂŁ per year.
Description :
Remote type : Hybrid
Locations : Flexible
Time type : Full time
Company Overview
The Actuarial Consulting Practice of Oliver Wyman advises clients across a broad spectrum of risk management issues. We are a rapidly growing practice with offices across the globe. Our actuaries hold the highest professional qualifications and are nationally recognized as experts in their field(s). We use mathematical and statistical modeling skills and our qualitative assessment methodologies to assist clients in evaluating and addressing risk. Our solutions help clients manage and prepare for the potential financial consequences of uncertain future events. We bring a combination of broad-based expertise with specialized knowledge of specific risks, allowing us to provide independent, objective advice in the three primary areas of risk : healthcare, life and annuity, and property and casualty.
Oliver Wyman provides customized actuarial services and strategic insight, supporting clients as they strive to exceed their business objectives. Our exceptional client and employee retention exemplify our commitment to relationships built on trust, responsiveness and clear communication. The Life Actuarial Practice of Oliver Wyman works with organizations to manage their insurance risks using advanced actuarial and modeling techniques and has employees across over a dozen offices globally.
Job Description
Oliver Wyman is seeking an experienced Annuities Manager / Senior Manager with 5+ years of experience in the annuities sector. The ideal candidate will have a solid foundation in annuity product development, pricing strategies, regulatory compliance, hedging, and risk management. This role is essential for leading annuity product initiatives and driving growth in our annuities business.
Key Responsibilities
- Lead complex annuity-focused analyses covering a range of topics such as product development, rate setting, assumption benchmarking, hedging, and valuation.
- Own ongoing communication with clients, ensuring their highest satisfaction.
- Ensure technical accuracy and integrity in your work and in the work produced by junior staff.
- Produce executive level management reports and confidently present findings to internal senior leaders, clients and executives.
- Build a strong industry network by demonstrating your expertise and highlighting the unique value Oliver Wyman provides.
- Conduct market research to identify trends and opportunities.
- Foster a collaborative, performance-driven environment that encourages team members to challenge the status quo.
- Promote active knowledge sharing within the team to support continuous learning and improvement.
- Support the professional growth of junior staff by expanding their annuity expertise and enhancing their consulting capabilities.
Qualifications and Desired Skills
Why Work for Us
The Actuarial Practice of Oliver Wyman seeks to invest in its people by fostering a safe and inclusive environment, respecting and welcoming different perspectives, promoting an ownership culture, providing opportunities for individuals to develop their personal brand, and celebrating successes and rewarding performance. There are employee groups for : the LGBT+ community, racially and ethnically diverse employees, women, family life, introverts and veterans of military service at Oliver Wyman.
The applicable base salary range for this role is $100,000 to $225,000.
The base pay offered will be determined on factors such as experience, skills, training, location, certifications, educations, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position is eligible for meaningful performance-based incentives.
Oliver Wyman offers a performance-based pay program that rewards colleagues for the contributions they make to our business results, including year-end bonuses based on personal and corporate performance. We also offer an impressive array of benefits. Explore all the benefits offered at.
For more information, please visit our website at.
Oliver Wyman, a business of Marsh McLennan (NYSE : MMC), is a management consulting firm combining deep industry knowledge with specialized expertise to help clients optimize their business, improve operations and accelerate performance. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses : Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit oliverwyman.com, or follow on LinkedIn and X.The Actuarial Practice of Oliver Wyman advises clients across a broad spectrum of risk management issues. We are a rapidly growing group with offices expanding across the globe. Our actuaries hold the highest professional qualifications and are nationally recognized as experts in their field(s). We use mathematical and statistical modeling skills and our qualitative assessment methodologies to assist clients in evaluating and addressing risk. Our solutions help clients manage and prepare for the potential financial consequences of uncertain future events. We bring a combination of broad-based expertise with specialized knowledge of specific risks, allowing us to provide independent, objective advice in the three primary areas of risk : healthcare, life and annuity, and property and casualty.Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex / gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.
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Oliver Wyman Actuarial - Annuities Manager / Senior Manager - Life employer: US060 Oliver Wyman Actuarial Consulting, Inc.
Contact Detail:
US060 Oliver Wyman Actuarial Consulting, Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Oliver Wyman Actuarial - Annuities Manager / Senior Manager - Life
✨Tip Number 1
Network with professionals in the actuarial field, especially those who have experience in annuities. Attend industry conferences or webinars to connect with potential colleagues and learn about the latest trends in the market.
✨Tip Number 2
Stay updated on regulatory changes and market developments related to annuity products. This knowledge will not only enhance your expertise but also demonstrate your commitment to the role during interviews.
✨Tip Number 3
Prepare to discuss specific examples of your past work in annuity product development and pricing strategies. Highlight your analytical skills and how you've successfully led teams or projects in this area.
✨Tip Number 4
Familiarise yourself with the financial modelling systems mentioned in the job description, such as Moody’s AXIS or Python. Being able to speak confidently about these tools can set you apart from other candidates.
We think you need these skills to ace Oliver Wyman Actuarial - Annuities Manager / Senior Manager - Life
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in the annuities sector, particularly focusing on product development, pricing strategies, and risk management. Use specific examples to demonstrate your expertise and achievements.
Craft a Compelling Cover Letter: In your cover letter, express your passion for actuarial consulting and how your background aligns with Oliver Wyman's values. Mention your leadership experience and ability to manage multiple workstreams effectively.
Highlight Relevant Skills: Emphasise your analytical and strategic thinking skills, as well as your proficiency in financial modelling systems or scripting languages like R or Python. These are highly valued for this role.
Showcase Communication Abilities: Since the role involves ongoing communication with clients and presenting findings to senior leaders, highlight your excellent communication and interpersonal skills. Provide examples of how you've successfully engaged diverse stakeholders in the past.
How to prepare for a job interview at US060 Oliver Wyman Actuarial Consulting, Inc.
✨Showcase Your Expertise
Make sure to highlight your experience in the annuities sector, particularly in product development and pricing strategies. Be prepared to discuss specific projects you've led and the outcomes achieved, as this will demonstrate your capability to handle the responsibilities of the role.
✨Communicate Clearly
Effective communication is key, especially when presenting complex analyses. Practice explaining your findings in a straightforward manner, as you may need to present to senior leaders or clients. Use clear examples to illustrate your points and ensure your audience understands the implications of your work.
✨Demonstrate Leadership Skills
Oliver Wyman values candidates who can lead teams and manage multiple workstreams. Prepare to discuss your leadership style and provide examples of how you've successfully guided teams through challenging projects. Highlight any mentoring experiences with junior staff to show your commitment to professional growth.
✨Stay Informed on Industry Trends
Research current trends in the annuity market and be ready to discuss how these might impact Oliver Wyman's business. Showing that you are knowledgeable about regulatory changes and emerging risks will position you as a well-informed candidate who can contribute valuable insights.