Actuarial​/Annuities Manager

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 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 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 exemplifies our commitment to relationships built on trust, responsiveness and clear communication.

Seeking an experienced Actuarial Modeling Manager with deep experience in capital modeling, valuation (economic balance sheet / EBS), SBA/BM A scenario‑based reserving, LDTI model validation, pricing, and regulatory reporting. The successful candidate will develop, test, validate and document actuarial models, produce monthly valuation outputs, lead assumption‑setting analysis, and coordinate stakeholders across product, finance and regulatory teams.

• 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.
• Expand, build and maintain actuarial models in various software including ALFA, GGY Axis, Moses, Prophet and ALM / SBA / reserve models.
• Coordinate information gathering and communications for regulatory templates (e.g., BSCR, BMA templates) and appointed actuary memoranda.
• Provide technical and subject‑matter expertise on Bermuda regulations (BSCR/SBA/amendments), reinsurance structuring and capital solutions, industry trends and emerging changes.
• Support clients on business‑as‑usual activities including recurring financial and actuarial analysis, management reporting and process execution.
• Work in partnership with our management consulting and actuarial practices.

• Bachelor’s degree in Actuarial Science, Finance or a related field. Advanced degrees or professional certifications (e.g., FSA, MAAA) are preferred.
• Minimum of 5 years of relevant experience with life and/or annuity products, preferably with hands‑on involvement in pricing, product development or in‑force management.
• Associate of the Society of Actuaries (ASA) or Fellow of the Society of Actuaries (FSA) credential preferred.
• Strong analytical and strategic thinking skills, with an ability to navigate complex problems effectively.
• Demonstrated capability to lead teams and manage multiple work streams with minimal oversight.
• Excellent communication and interpersonal skills, capable of engaging diverse stakeholders and advocating for strategic initiatives.
• Effective organizational skills with a focus on delivering exceptional results while meeting deadlines in a fast‑paced environment.
• Knowledge in financial modeling systems or open‑source scripting languages such as Moody’s AXIS, FIS Insurance Risk Suite (formerly Prophet), R and Python is valuable.

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, and providing opportunities for…