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Life Actuarial Intern




Life Internship:
Oliver Wyman consultants advise on life insurance and financial risks to insurance companies offering a wide range of products. An actuarial analyst works closely with experienced consultants and assists in developing reserves, pricing, and quantitative analysis for our clients.
The life insurance and annuity business is very competitive with a variety of challenges. We are tasked with understanding a wide range of products, each with their own unique challenges. We assist companies to forecast the behavior of these products and comply with the many regulatory and financial requirements of state, federal, and international regulations. It is critical that companies in this business understand their risks and take proper steps to protect themselves.
Our team of life actuaries are the leaders in innovative solutions in the ever changing environment of life insurance products. Our clients turn to us for our high-level strategic advice, and our ability to build innovative and robust models.
Responsibilities:
• Primary responsibility is to assist consultants in reserve analysis, pricing studies/strategies, and analyzing financial risk of contracted arrangements.
• Attend client meetings and assist in meeting client deliverables.
• Assist with the compilation of data, setting up spreadsheet exhibits, basic analysis, and internet research.