Oliver Wyman - Actuarial Analyst (2025) - Health - R_278105-6153 - MMC
Chicago, IL
About the Job
This job was posted by https://illinoisjoblink.illinois.gov : For more
information, please see:
https://illinoisjoblink.illinois.gov/jobs/12310223
Oliver Wyman - Actuarial Analyst (2025) - Health
Company Overview
Oliver Wyman is a global leader in management consulting. With offices
in 70 cities across 30 countries, Oliver Wyman combines deep industry
knowledge with specialized expertise in strategy, operations, risk
management, and organization transformation. The firm has more than
7,000 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 is a business of Marsh McLennan [NYSE:
MMC]. For more information, visit www.oliverwyman.com. Follow Oliver
Wyman on X @OliverWyman.
The Actuarial Practice of 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 Health Practice 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
Job Title:Actuarial Health -
Analyst - 2025
Office/Regions available: Atlanta, Chicago, Milwaukee, Philadelphia
The Health Consulting practice seeks to inspire a collaborative,
team-based culture which fosters free flowing ideas, values diversity
and allows for challenges to the status quo. Our colleagues are proud to
perform exciting, diverse, and leading-edge work to provide our clients
solutions.
As an Actuarial Analyst, you will have unique exposure to work alongside
and learn from Oliver Wyman's industry leaders while contributing to a
broad range of client projects. You will gain industry exposure with
Oliver Wyman's clients, which include prestigious insurance companies,
provider health systems, state regulators, and private equity firms.
Potential projects may include:
- Health insurance product development, modeling and analysis support
- Care management design and operational efficiency optimization
- Pricing assumption analysis, trend analysis, model methodology
reviews
- Medical and pharmacy claims analysis, including benchmarking to
applicable industry experience
- Financial reporting and valuation support
- Market simulation analyses of proposed federal and state legislation
- Mergers & acquisitions due diligence including assumption review,
model build and valuation
- Feasibility studies for startup operations or expansions of new
products
- Support of regulatory changes and implementation
- Analysis of value-based care and other risk-taking arrangements
Skills and Attributes
- Bachelor's or Master's degree, preferably in Actuarial Science,
Mathematics, Statistics, Finance or a related field
- Actively pursuing actuarial 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, SAS, SQL, R, Python, VBA or other
programming languages
Oliver Wyman seeks to invest in its people by fostering a safe and
inclusive environment, respecting and welcoming ifferent perspectives,
promoting an ownership culture, providing opportunities for individuals
to develop their personal brand, and celebrating successes and rewarding
performance.
Oliver Wyman provides a competitive compensation and benefits package,
including an Actuarial Study Program and a supportive and
flexible/hybrid work environment. Explore all the benefits offered at US
Benefits| Marsh McLennan.
For more information, please visit our website at
www.oliverwyman.com/actuaries.
About Marsh McLennan
Marsh McLennan(NYSE: MMC) is the world's leading professional services
firm in the areas of risk, strategy and people. The Company's 83,000
colleagues advise clients in 130 countries.With annual revenue of nearly
$20 billion, Marsh McLennan helps clients navigate an increasingly
dynamic and complex environment through four market-leading
businesses.Marshprovides data driven risk advisory services and
insurance solutions tocommercial and consumer clients.Guy
Carpenterdevelops advanced risk, reinsurance and capital strategies that
help clients grow profitably and pursue emerging
opportunities.Mercerdelivers advice and technology-driven solutions that
help organizations redefine the world o
information, please see:
https://illinoisjoblink.illinois.gov/jobs/12310223
Oliver Wyman - Actuarial Analyst (2025) - Health
Company Overview
Oliver Wyman is a global leader in management consulting. With offices
in 70 cities across 30 countries, Oliver Wyman combines deep industry
knowledge with specialized expertise in strategy, operations, risk
management, and organization transformation. The firm has more than
7,000 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 is a business of Marsh McLennan [NYSE:
MMC]. For more information, visit www.oliverwyman.com. Follow Oliver
Wyman on X @OliverWyman.
The Actuarial Practice of 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 Health Practice 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
Job Title:Actuarial Health -
Analyst - 2025
Office/Regions available: Atlanta, Chicago, Milwaukee, Philadelphia
The Health Consulting practice seeks to inspire a collaborative,
team-based culture which fosters free flowing ideas, values diversity
and allows for challenges to the status quo. Our colleagues are proud to
perform exciting, diverse, and leading-edge work to provide our clients
solutions.
As an Actuarial Analyst, you will have unique exposure to work alongside
and learn from Oliver Wyman's industry leaders while contributing to a
broad range of client projects. You will gain industry exposure with
Oliver Wyman's clients, which include prestigious insurance companies,
provider health systems, state regulators, and private equity firms.
Potential projects may include:
- Health insurance product development, modeling and analysis support
- Care management design and operational efficiency optimization
- Pricing assumption analysis, trend analysis, model methodology
reviews
- Medical and pharmacy claims analysis, including benchmarking to
applicable industry experience
- Financial reporting and valuation support
- Market simulation analyses of proposed federal and state legislation
- Mergers & acquisitions due diligence including assumption review,
model build and valuation
- Feasibility studies for startup operations or expansions of new
products
- Support of regulatory changes and implementation
- Analysis of value-based care and other risk-taking arrangements
Skills and Attributes
- Bachelor's or Master's degree, preferably in Actuarial Science,
Mathematics, Statistics, Finance or a related field
- Actively pursuing actuarial 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, SAS, SQL, R, Python, VBA or other
programming languages
Oliver Wyman seeks to invest in its people by fostering a safe and
inclusive environment, respecting and welcoming ifferent perspectives,
promoting an ownership culture, providing opportunities for individuals
to develop their personal brand, and celebrating successes and rewarding
performance.
Oliver Wyman provides a competitive compensation and benefits package,
including an Actuarial Study Program and a supportive and
flexible/hybrid work environment. Explore all the benefits offered at US
Benefits| Marsh McLennan.
For more information, please visit our website at
www.oliverwyman.com/actuaries.
About Marsh McLennan
Marsh McLennan(NYSE: MMC) is the world's leading professional services
firm in the areas of risk, strategy and people. The Company's 83,000
colleagues advise clients in 130 countries.With annual revenue of nearly
$20 billion, Marsh McLennan helps clients navigate an increasingly
dynamic and complex environment through four market-leading
businesses.Marshprovides data driven risk advisory services and
insurance solutions tocommercial and consumer clients.Guy
Carpenterdevelops advanced risk, reinsurance and capital strategies that
help clients grow profitably and pursue emerging
opportunities.Mercerdelivers advice and technology-driven solutions that
help organizations redefine the world o
Source : MMC
