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Oliver Wyman Actuarial - Health Practice - Manager

Job in Milwaukee, Milwaukee County, Wisconsin, 53244, USA
Listing for: US060 Oliver Wyman Actuarial Consulting, Inc.
Full Time position
Listed on 2026-03-12
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Actuary
Salary/Wage Range or Industry Benchmark: 80000 - 100000 USD Yearly USD 80000.00 100000.00 YEAR
Job Description & How to Apply Below

Oliver Wyman – Actuarial Manager – Health Practice

Location(s):
Atlanta, Chicago, Milwaukee, San Francisco, Boston, Philadelphia or New York

Company Overview

Oliver Wyman is a global leader in management consulting 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 is a wholly owned subsidiary of [NYSE: MMC].

What We do

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.

Actuarial Consulting Practice

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).

Health Practice

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. The practice seeks to inspire a team‑oriented 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.

Job Description

As a Manager, 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.

Potential

Projects
  • 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
  • Minimum of two actuarial exams passed, additional exam progress towards ACAS/FCAS is preferred
  • 4+ years of actuarial experience in the actuarial field, preferably in the commercial market or provider market
  • Exceptional organizational skills, with an ability to prioritize and handle multiple tasks in a fast‑paced work environment
  • Experience delegating components of projects
  • Project management skills
  • Track record of and desire for rapid learning, high performance, and professional growth
  • Excellent written and verbal communication skills, with the ability to build strong relationships with clients, colleagues, and industry stakeholders
  • 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
  • R, SAS, SQL,…
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