Company Overview
The Actuarial Practice of Oliver Wyman is an operating division of the Oliver Wyman Group, a member of the Marsh & McLennan Companies [MMC], the foremost employer of actuaries in the world. The Actuarial Practice of Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organizational transformation to help clients optimize their businesses in Asia Pacific.
The Asia Pacific Insurance Practice | Actuarial Consulting is a part of the broader Global Actuarial Practice which strives to be the consulting partner of choice for clients and employees, and to be recognized as the premier actuarial consultancy by fostering the power of ideas to lead our industry, consistently helping clients achieve their strategic objectives, and gaining trusted advisor status.
We value exceptional people - people with intelligence, energy, passion, emotional sensitivity, and a commitment to excellence. We refuse to compromise by hiring those who do not meet our high standards. We believe that if we have common aspirations, a non-hierarchical environment based on respect, and no artificial barriers to advancement, then exceptional people will realize their potential.
Job Description – Analyst and Consultant
The Oliver Wyman Asia Pacific Actuarial Practice is seeking top talent for our Hong Kong office.
The new Manager candidate will have the exciting opportunity of helping to grow the Asia Pacific Actuarial Practice from the ground-up and will report to the team leader in Hong Kong. The Manager will be expected to contribute to a broad range of projects and will play a key role in the sourcing and delivery of projects for Oliver Wyman’s clients, which include top tier insurance companies, reinsurance companies, investment banks, and private equity firms.
Potential projects and responsibilities may include:
Thought leadership, including oversight and/or creation of intellectual capital
Creation and analysis of financial projections
Insurance mergers & acquisitions
Capital markets transactions support
Life and annuity product development and financial reporting
Client and industry presentations, surveys, case studies
Work in partnership with our management consulting and strategy practice
Operating with a high degree of personal responsibility and accountability for the maintenance of a portfolio of clients
Pricing assumption and model methodology review, including benchmarking to applicable industry and peer experience
Development and maintenance of intellectual capital
Participate in client sales meetings
Skills and Attributes
ASA/AIA or equivalent actuarial credentials with 3+ years of professional experience. Candidates with less experience will be considered for the Analyst role.
Knowledge of Hong Kong market regulations, such as Hong Kong Risk Based Capital (RBC), Hong Kong Insurance Ordinance, IFRS-17 etc.
Prefer experience of financial modeling systems (Prophet or Moody’s Analytics AXISTM)
Technical knowledge of Microsoft Office applications
Excellent time management skills
Deep critical-thinking skills and problem-solving ability
Highly motivated individual and willingness to work in a dynamic environment independently
Strong written and oral communication skills in English and preferably Cantonese or Mandarin
The Asia Pacific Actuarial Practice 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 at www.connect.mmc.com.