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Oliver Wyman - Manager - Actuary - Paris

Location: Paris, France

Company: Oliver Wyman

Job ID R_062157-en

Manager - Actuarial Services Practice - Paris

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WHO WE ARE

With offices in 50+ cities across nearly 30 countries, Oliver Wyman is a management consulting company that combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has about 5,000 professionals around the world who help clients optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities.

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ACTUARIAL PRACTICE OVERVIEW

Integrated in a global network comprising more than 300 actuaries in North America and Europe, the Paris Actuarial Practice was launched in 2018 and is constantly growing. We are looking for new actuaries during this ramp-up phase to further develop our practice and serve the interests of insurance and reinsurance companies locally.

Our consultants bring a combination of broad-based expertise with specialized knowledge of specific risks. They are recognized as industry experts and hold the highest professional qualifications, allowing us to provide independent and objective advice.

We are committed to unparalleled expertise in actuarial and risk sciences, always renewed by the breadth of our consultants’ experiences and independent research. We continuously finetune our methods for evaluating, measuring, and reporting on risk in the three primary activities of our clients: property & casualty, life & pensions, and protection.

Projects include – but are not limited to – the following:

  • Actuarial Modelling: development and review of asset-liability models or regulatory internal models
  • Creation and analysis of financial projections
  • Insurance mergers & acquisitions and actuarial due diligence alongside transactions
  • Regulatory and accounting issues: Solvency II or IFRS 17
  • Product development: design, pricing, profitability testing
  • Actuarial reviews
  • Work in support of our management consulting and strategy practice

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THE ROLE AND RESPONSIBILITIES

Managers will be included in project teams and will be given various responsibilities through-out the actuarial projects:

  • Participation in the business development: contribution to Oliver Wyman Actuarial proposals and identification of leads with clients;
  • Daily responsibilities for the success of some workstreams within actuarial projects: project management, methodology setting and deliverable preparation;
  • Development of intellectual capital within the Actuarial Practice;
  • Public presentation or press article preparation in relation with research updates.

Managers could also be given over time the responsibility for the whole delivery of a smaller-in-size project, with the supervision of a Principal or Partner.

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YOUR ATTRIBUTES AND EXPERIENCE

Just as every client project is different, we recognize and value the diversity of backgrounds and skill sets for successful candidates. We welcome applicants with a proven track record of excellence.

  • Minimum of 4-6 years of relevant experience, ideally with a top-tier Actuarial consulting firm (or other similar organizations)
  • Qualified Actuary from the French Institute of Actuaries or equivalent international actuarial association
  • Previous experience in ALM or internal models, risk management, Solvency II, IFRS 17 or insurance pricing
  • Outstanding written and verbal communication skills in both formal and informal settings
  • Excellent team and social skills
  • Willingness to travel
  • Fluency in French & English is mandatory, additional European language is a plus

Furthermore, having concrete experiences in developing or reviewing actuarial models on professional coding platforms is a valuable asset.

Since the team is growing, we aim at recruiting consultants who fit the Practice objectives and are trusted advisors for our clients in all kinds of insurance activities.

Therefore, we are equally considering multidisciplinary profiles who have an ability to tackle, within our global projects, both the life & protection or non-life aspects; and specialized profiles who will help the Practice grow on specific expertise.

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OUR VALUES AND CULTURE

We’re serious about making OW a rewarding, progressive, enjoyable and balanced place to work.

Self starters and free thinkers who work well in a team

We are individuals who are self starting, motivated, energetic, entrepreneurial about what we do

Common aspiration, collective endeavour, shared success 

We have the common aspiration to have an impact, leave a legacy and change the world. We have no interest in running a steady-state business. We want to build, grow and shape the environment around us

Straightforward, open, respectful interaction

We value an environment where every member of Oliver Wyman is encouraged and expected to voice his or her opinion

Opportunity without artificial barriers

We value merit and believe that to create a true meritocracy we need to remove artificial barriers to opportunity

Balanced lives

We value people whose lives balance work and non-work activities because we believe they are both more interesting colleagues and are able to make better contributions to the Firm. We push ourselves hard to deliver excellence, but we also work to extract the maximum benefit from the flexibility of a project-based business. We provide the ability to take career breaks for personal or family reasons. We fundamentally value each other’s time, and are sensitive to how it is used. We are an output not input-based culture, have respect for people’s personal decisions, and believe that one's workload must be sustainable. We seek balance for ourselves and our colleagues.

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HOW TO APPLY

If you like what you’ve read, we’d love to hear from you. 

If you’d like to learn more about the firm during your application process, please visit www.oliverwyman.com/careers

Oliver Wyman is an equal opportunity employer. 

Our commitment to diversity is genuine, deep and growing. We’re not perfect yet, but we’re working hard right now to make our teams balanced, representative and diverse.

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