About this role
## Company:
Oliver Wyman
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Description:
Senior Manager – Capital (P&C Actuarial)
Oliver Wyman Actuarial | London (hybrid)
Capital is one of the fastest-growing areas of our UK practice, with a pipeline spanning some of the most high-profile work in the P&C market – from major model changes and IMAP applications to large-scale platform migrations and self-build internal models. We are looking for an ambitious Senior Manager ready to lead that delivery and become one of our future leaders.
The Opportunity
Oliver Wyman’s Actuarial practice is rapidly expanding in the UK, backed by a hugely successful global P&C business and the wider Marsh group. This role sits at the heart of that growth: you will lead the delivery of our flagship capital engagements, bring deep technical insight to clients, and help us shape and build our growing team to win the next generation of large-scale projects. At the same time, we are using AI to transform our approach to actuarial work – in particular capital modelling, transformation and self-build tools – and you will be at the forefront of bringing this to our clients.
What You Will Do
· Deliver varied, interesting capital engagements: Play a leading role in the delivery of a variety of capital-related engagements spanning the Lloyd’s market and UK & global insurers, including building and nurturing client relationships.
· Bring technical depth across: internal model design, calibration and parameterisation; independent validation; major model change and IMAP applications; model platform migrations; M&A capital diligence, Solvency II/UK and Lloyd’s capital requirements.
· Own senior stakeholder relationships: act as a trusted adviser to Chief Actuaries, CROs, CFOs, Boards and regulators; present challenging or complex results with clarity and confidence.
· Grow the team: coach and develop junior consultants, lead teams, and help recruit as we scale.
· Build the business: support proposals, tenders, thought leadership and client development to help win and deliver future large-scale projects that amplify our success.
What We Are Looking For
· 8+ years of P&C actuarial experience with deep expertise in capital modelling, ideally including consulting experience.
· Qualified actuary (FIA or equivalent).
· Strong knowledge of the Lloyd’s market and its capital framework, plus Solvency II / Solvency UK internal models.
· Hands-on experience with at least one major capital modelling platform (e.g. Igloo, Tyche, ReMetrica); coding skills (R, Python) an advantage.
· Excellent stakeholder engagement and communication skills – comfortable challenging and advising at Board and regulator level.
· A proven track record of leading teams and delivering complex, multi-workstream projects
· AI-savvy; genuinely enthusiastic about using AI to solve challenging problems, and keen to help shape how it changes actuarial work
· Ambition: a self-starter who wants to help build a business, not just run engagements.
Oliver Wyman is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit oliverwyman.com, or follow us on LinkedIn and X.
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The Actuarial Practice of Oliver Wyman, a Marsh business, advises clients across a broad spectrum of risk management issues. We are a rapidly growing group with offices expanding 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.
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Marsh is committed to providing an inclusive work environment. We aim to attract and retain the best, most qualified people and value colleagues of all backgrounds, without regard to age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at [email protected].
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Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.
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