Oliver Wyman Actuarial Intern - Summer 2024 Property & Casualty



Company Overview

Oliver Wyman is a global leader in management consulting. With offices in more than 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 6,000 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 MarshMcLennan [NYSE: MMC].

The Actuarial Practice of Oliver Wyman provides customized actuarial consulting services to public and private enterprises, self-insured group organizations, insurance companies, government entities, insurance regulatory agencies and other organizations.


Job Description


Job Title: Summer 2024P&C Intern


Office/Regions available:
Open to several Oliver Wyman office locations

The Property & Casualty Practice is seeking to hire an
Actuarial Intern
for the Summer of 2024 to support our property & casualty self-insurance business. As an Actuarial Intern, you will work alongside well-known, senior level consultants and gain broad industry exposure among Oliver Wymans clients, which include large corporations, captive insurance companies, state regulators, and healthcare provider systems.


Responsibilities:

The candidate would be expected to use his or her analytical skills within a team environment to analyze complex problems and develop workable solutions. Specific tasks and potential projects may include:
Assist in actuarial projects with a focus on loss reserving, cash flow projections, and loss forecasting
Compile data, develop spreadsheet exhibits, perform basic analysis, and summarize internet research
Utilize R and R Shiny to support a business intelligence application and other tools
Reserve analysis, cash flow projections, benchmarking, due diligence for mergers & acquisitions


Skills and Attributes

Working towards Bachelors or Masters degree in Actuarial Science, Mathematics, Statistics, Finance, or a related field
Commitment to passing actuarial exams
Desire for rapid learning, high performance, and professional growth
Strong written and oral communication skills
Excellent time management skills and understanding the value of collaboration, and the ability to work effectively in a team setting
Strong technical exposure to MS Office, specifically in Excel, VBA or R preferred

For more information, please visit our website at (link removed)/actuaries.

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 EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.

The applicable salary range for this role is $1,000 to $1,450 per week.
The salary offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis.