Company:

Oliver Wyman

Description:

Company Overview

The Property and Casualty Consulting Practice assists(re)insurance companies, self-insured corporations, government entities, and other organizations with all aspects of managing property and casualty insurance exposures. We guide P&C; clients on their qualitative assessment and quantification of risk and loss exposures, and offer advice on a range of issues, from external business strategy and internal risk management to economic capital modeling and new product development.

Position Summary

As an analyst in our P&C; Actuarial Insurance Practice, you will engage in transformative client projects, leveraging your technical expertise and strategic insights to develop, validate, and operationalize actuarial models, methodologies, and workflows. As part of a globally connected practice, you will collaborate with colleagues and clients across geographies, with opportunities to contribute to and deliver projects on a global basis. This role offers the chance to work with multidisciplinary teams and cutting-edge technologies, including AI, to deliver impactful solutions across a wide range of actuarial disciplines, including pricing, reserving, and capital modeling.

Responsibilities

- Deliver Transformative Actuarial Solutions: Support client engagements by applying actuarial knowledge, analytical skills, and structured problem-solving to complex insurance challenges. Contribute to initiatives such as actuarial modernization, process automation, AI-enabled actuarial workflows, model transformation, data modernization, and operating model improvement.
- Analyze and Interpret Complex Data: Conduct detailed analyses across large and complex datasets, identifying trends, validating results,



and developing insights that support actuarial, operational, and strategic decision-making.
- Execute Actuarial Analyses: Apply established actuarial methodologies, assumptions, and models to produce accurate, well-supported analyses. Develop technical expertise while exercising judgment in identifying issues, investigating results, and recommending potential solutions.
- Support Client Engagement: Work directly with client and internal stakeholders to gather requirements, understand business challenges, and communicate analytical findings clearly. Help translate complex actuarial concepts and results into practical, accessible insights.
- Collaborate Across Actuarial and Technology Teams: Work alongside actuaries, engineers, data scientists, and other specialists to translate actuarial requirements into technical specifications, test solutions, validate outputs, and support successful implementation.
- Ensure Quality and Accuracy: Perform rigorous validation of data, assumptions, calculations, models, and outputs, identifying and resolving issues and ensuring work aligns with professional standards, regulatory requirements, and internal best practices.
- Contribute to Actuarial Innovation: Help develop and enhance tools, methodologies, automation, and AI-enabled solutions that modernize actuarial work, improve efficiency,



and create greater value for clients.
- Contribute to High-Performing Teams: Take ownership of assigned deliverables, manage priorities and deadlines effectively, collaborate across project teams, and actively build the technical, consulting, and industry knowledge needed to take on increasing responsibility.

Qualifications

- Education: Expected to graduate in 2027 or already holds a BA/BS degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, or a related field.
- Experience: Relevant actuarial experience, including internships or other skilled experience.
- Commitment to pursuing CAS actuarial credentials.
- Communication Skills: Exceptional verbal and written skills to convey complex information effectively to diverse audiences.
- Analytical Mindset: Strong problem-solving capabilities; intellectual curiosity to meet tight deadlines.
- Microsoft Suite: Advanced Excel for data analysis and reporting.
- Strong Organizational Skills: ability to prioritize, manage multiple tasks and meet project objectives and deadlines.
- AI Proficiency: Experience utilizing AI technologies for modeling and analytics.
- Programming: Knowledge of programming languages (Python, R, SQL is a plus)

Compensation & Benefits

Base salary range (U.S.): $65,000 – $110,000 CAD , depending on location, exams, and experience.

- Actuarial exam support program (paid study time, exam reimbursement, study materials, first-time pass incentives)
- Performance-based incentives

Work Authorization

This role is also contingent on the submission of proper authorization to work in Canada and your ability to maintain your right to legally wor

📌 Analyst - Property & Casualty Insurance Practice (Toronto)
🏢 Marsh
📍 Toronto