Oliver Wyman – Actuarial Consultant – Health Practice
Job Description
Oliver Wyman – Actuarial Consultant – Health Practice
Location: Multiple (e.g., Atlanta, Chicago, Milwaukee, Philadelphia or New York)Company Overview
Oliver Wyman is a global leader in management and actuarial consulting. With offices in 60 cities across 29 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 5,000 professionals around the world who work with clients to optimize their business, improve their operations, and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman's thought leadership is evident in our agenda-setting books, white papers, research reports, and articles in the business press. Our clients are the CEOs and executive teams of the top Global 1000 companies.
Visit our website for more details about Oliver Wyman:
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).
The Health Practice of Oliver Wyman strives to be the consulting firm of choice for clients and employees, and to be recognized as the premier health actuarial consultancy by fostering the power of ideas to lead our industry, consistently helping clients achieve their strategic objectives, and gaining trusted advisor status.Job Description
As a Consultant, you will work alongside and learn from Oliver Wyman's industry leaders and other consultants while contributing to a broad range of client projects. You will eventually have interaction with Oliver Wyman's clients, which include top tier insurance companies, healthcare systems, regulatory agencies, large employers with captive programs and private equity firms. You will be part of a motivated and highly knowledgeable team.
The Health Practice of Oliver Wyman is rapidly growing and seeking individuals who are highly motivated to expand our team. The practice seeks to inspire a collaborative, team-based culture which fosters free flowing ideas, values diversity and allows for challenges to the status quo. Its colleagues are proud to perform exciting, diverse, and leading-edge work.Potential projects may include:
- Health insurance product development, modeling, and analysis support specific to the ACA small group and individual markets, and large group markets
- Assisting with setting pricing assumptions, trends, and pricing methodologies
- Medical and pharmacy claims analysis, including benchmarking to applicable industry experience
- Market simulation analyses of proposed federal and state legislation
- Support of regulatory changes and implementation
- Evaluation of provider contracts and the impact of changes on rates
- Analysis of value-based care and other risk-taking arrangements
- Evaluation of care management programs
Qualifications and desired skills
- Bachelor's or Master's degree, preferably in Actuarial Science, Mathematics, Statistics, Finance or a related field
- 2+ years of actuarial experience in the actuarial field, preferably in the commercial market or provider market
- Significant progress towards Associate of the Society of Actuaries (ASA) credentials
- Track record of and desire for rapid learning, high performance, and professional growth
- Strong written and oral communication skills
- Excellent time management skills
- Understanding of the value of collaboration and the ability to work effectively in a team setting
- Deep critical-thinking skills and problem-solving ability
- Highly motivated individual and willingness to work in a dynamic environment
- Strong skills with MS Excel, MS PowerPoint, SAS, SQL, R, Python, VBA or other programming languages
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. Members act as reverse mentors to Oliver Wyman leaders on a regular basis, ensuring Oliver Wyman continues to embed inclusion issues in its global agenda.
Oliver Wyman provides a competitive compensation and benefits package, including an Actuarial Study Program and a supportive and flexible work environment. Explore all the benefits offered at .
Oliver Wyman is committed to the principles for equal employment opportunity and complies with all relevant federal, state, and local laws.
Marsh McLennan and its Affiliates are EOEMinority/Female/Disability/Vet/SexualOrientation/Gender Identity employers.
About Marsh McLennan
(NYSE: MMC) is the world's leading professional services firm in the areas of risk, strategy and people. The Company's 76,000 colleagues advise clients in 130 countries. With annual revenue over $17 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. provides data driven risk advisory services and insurance solutions to commercial and consumer clients. develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. delivers advice and technology-driven solutions that help organizations redefine the world of work, reshape retirement and investment outcomes, and unlock health and wellbeing for a changing workforce. serves as a critical strategic, economic and brand advisor to private sector and governmental clients. For more information, visit , follow us on and or subscribe to .
Job Details
Employment Types:
Full time
Industry:
Banking / Accounting / Financial Services
Function:
IT
Roles:
Software Engineer / Programmer
Skills:
leaders Motivated problem-solving Professional Growth Linkedin willingness critical-thinking Actuarial Science Collaboration dynamic environment rapid learning Implementation Oral Communication Benchmarking python C Impact ms powerpoint Sql Programming Languages Vba Ms Excel Performance sas
