Oliver Wyman Actuarial - Analyst Health
MMC

Chicago, Illinois

Posted in Consultancy


This job has expired.

Job Info


Company overview

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 our 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 bring a combination of broad-based expertise with specialized knowledge of specific risks, allowing us to provide independent, objective advice in the three primary areas of risk: healthcare, life and annuity, and property and casualty.

The Oliver Wyman Group is a wholly owned subsidiary of Marsh McLennan Companies [NYSE: MMC]. Twitter @OliverWyman. Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people regardless of their gender, marital or parental status, ethnic origin, nationality, age, background, disability, sexual orientation, and gender expression.

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 Actuarial Practice of Oliver Wyman works with health organizations to manage their financial risks and support health care delivery by using advanced actuarial and modeling techniques and has over 50 employees across 6 offices in North America. Oliver Wyman is recognized by Fortune as one of the 100 Best Companies to work for in 2019.

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.

The Health 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, 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. Explore all the benefits offered atwww.connect.mmc.com.

Mission Statement

Our vision is to discover what lies beyond the obvious, achieve breakthroughs for our clients, and persist as an industry leader. Our mission is to be the leader in the integration of actuarial science, data science, and information technology to solve our clients' most demanding challenges. We combine traditional actuarial principles with non-traditional solutions and communicate honestly and independently. We believe that diverse perspectives and approaches are business imperatives, and these can only stem from a diverse group of people. Investing in our people and local communities while delivering unequaled value to our clients is core to our mission at Oliver Wyman.

Job description

Job Title:Health Analyst

Office/Regions available: Atlanta, Chicago, Milwaukee, Philadelphia and New York

The Health Practice of Oliver Wyman is rapidly growing and seeking individuals who are highly motivated to expand our team. The practice seeks to inspire a collaborative, team-based 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.

As a new Analyst, you will work alongside and learn from Oliver Wyman's industry leaders and other consultants while contributing to a broad range for client projects. You will gain industry exposure with Oliver Wyman's clients, which include top tier 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 including
  • 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

Qualifications and desired skills
  • Bachelor's or Master's degree, preferably in Actuarial Science, Mathematics, Statistics, Finance or a related field
  • Commitment to passing actuarial exams
  • 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

Why work for Us

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, providing opportunities for individuals to develop their personal brand, and celebrating successes and rewarding performance.

Oliver Wyman offers a performance-based pay program that rewards colleagues for the contributions they make to our business results, including year-end bonuses based on personal and corporate performance. We also offer an impressive array of benefits. Explore all the benefits offered by Oliver Wyman at www.connect.mmc.com

In addition to competitive benefits, the Practice is dedicated to the success of actuarial students in their pursuit to become credentialed actuaries. Oliver Wyman offers a competitive study program which includes paid time off for exam study and exam day, financial support for materials, reimbursement of exam costs and salary increases subsequent to passing exams. Financial incentives such as first-time pass bonuses are provided in addition to the generous salary increases. The Practice's managers understand the demands and dedication required to pass actuarial exams and are supportive and flexible with the actuarial students' work loads.

There are employee groups for: the LGBT+ community, racially and ethnically diverse employees, women, family life, introverts and veterans of military service at Oliver Wyman. Members act as "reverse mentors" to Oliver Wyman leaders on a regular basis, ensuring Oliver Wyman continues to embed inclusion issues in its global agenda.

Oliver Wyman is committed to the principles for equal employment opportunity and complies with all relevant federal, state, and local laws.


This job has expired.

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