Oliver Wyman – Actuarial Senior Manager – Hong Kong

Company:

Description:

Company Overview

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 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 Life Actuarial Practice of Oliver Wyman works with organizations to manage their insurance risks using advanced actuarial and modeling techniques and has over 180 employees across 10+ offices in North America and Asia.

Oliver Wyman uses mathematical and statistical modeling skills and our qualitative assessment methodologies to assist our clients in evaluating and addressing risk. Our solutions help clients to manage and prepare for the potential financial consequences of uncertain future events.

For more information, please visit our website at www.oliverwyman.com/actuaries.

Job Description

The Actuarial Life Practice is a part of the broader Actuarial Practice which strives to be the consulting partner of choice for clients and employees, and to be recognized as the premier life, annuity and LTC 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 an entrepreneurial 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 Actuarial Life 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.

Office/Regions available: Hong Kong

The Actuarial Life Practice is expanding its reach into the Asia-Pacific region. The practice is seeking top talent in Hong Kong and is opening a Senior Manager position in its Hong Kong office. The new Sr. Manager will have the exciting opportunity of helping to grow the Actuarial Asian Practice from the ground-up and will report to the practice leader in Hong Kong. The individual will be expected to contribute to a broad range of projects, including both Hong Kong and US 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, law firms, regulators, 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

• Near-FSA/FIA/FIAJ to FSA/FIA/FIAJ or equivalent actuarial credentials with five to ten years of professional experience
• Track record of rapid learning, high performance, and professional growth
• Knowledgeable in Hong Kong insurance regulations, such as Hong Kong Risk Based Capital (RBC)
• Knowledgeable in local financial accounting such as IFRS-17
• Proficiency of financial modeling systems (Prophet or Moody’s Analytics AXISTM preferred)
• Strong written and oral communication skills
• Excellent project management and time management skills
• Ability to work independently
• 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 technical knowledge of MS Excel, MS Access or other database software, VBA or other programming languages
• Strong skills with the Microsoft Office suite

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.