Oliver Wyman
Oliver Wyman Actuarial Consulting - Analyst, Health Practice
Oliver Wyman, Chicago, Illinois, United States, 60290
Overview
Oliver Wyman Actuarial Consulting, Inc. – Health Practice
– Analyst
Location: Hybrid; preference for Atlanta, Chicago, Milwaukee, Philadelphia, or New York, but open to other Oliver Wyman Actuarial office locations
Company Overview Oliver Wyman is a global leader in management consulting and actuarial consulting. With offices in 60 cities across 29 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 5,000 professionals around the world who work with clients to optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman is a wholly owned subsidiary of Marsh McLennan [NYSE: MMC].
What We Do: 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 Health Practice of Oliver Wyman works with health organizations to manage their financial risks and support health care delivery by using advanced actuarial and modeling techniques and has over 50 employees across 6 offices in North America. Oliver Wyman is recognized by Fortune as one of the 100 Best Companies to work for in 2019.
The Health Practice of Oliver Wyman strives to be the consulting firm of choice for clients and employees, and to be recognized as the premier health 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 a team oriented 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.
Our Health Practice is rapidly growing and seeking individuals who are highly motivated to expand our team. The practice seeks to inspire a collaborative, team-based culture which fosters free flowing ideas, values diversity and allows for challenges to the status quo. Our colleagues are proud to perform exciting, diverse, and leading-edge work.
Our vision is to discover what lies beyond the obvious, achieve breakthroughs for our clients, and persist as an industry leader. Our mission is to be the leader in the integration of actuarial science, data science, and information technology to solve our clients’ most demanding challenges. We combine traditional actuarial principles with non-traditional solutions and communicate honestly and independently. We believe that diverse perspectives and approaches are business imperatives, and these can only stem from a diverse group of people. Investing in our people and local communities while delivering unequaled value to our clients is core to our mission at Oliver Wyman.
Job Description As an
Analyst , you will work alongside and learn from Oliver Wyman’s industry leaders and other experienced consultants while contributing to a broad range of client projects. You will achieve interaction and visibility with Oliver Wyman’s clients, which include top tier insurance companies, provider health systems, state regulators, and private equity firms.
Potential projects may include:
Medicare Bid Support: Assisting the bid development for Medicare Advantage products including product development, modeling, and analysis
Commercial Pricing Support: Assisting the pricing of health insurance products including product development, modeling, and analysis support specific to the ACA small group and individual markets, and large group markets
Medical and Pharmacy Claims Analysis: Supporting claim-line level analytics including benchmarking to applicable industry experience
Market Simulation Analyses: Supporting analyses of proposed federal and state legislation
Regulatory Support: Examining impact of regulatory changes and assisting clients with their implementation
Provider Contract Analysis: Evaluation of provider contracts and the impact of changes on rates
Value-based Care: Analyzing value-based care and other risk-taking arrangements from both the payer and provider perspectives
Evaluation of care management programs
Qualifications And Desired Skills
Bachelor’s or Master’s degree required, preferably in Actuarial Science, Mathematics, Statistics, Finance or a related field
1 - 3 years of actuarial experience in the actuarial field
Progress towards Associate of the Society of Actuaries (ASA) credentials
Track record of and desire for rapid learning, high performance, and professional growth
Strong written and oral communication skills
Excellent time and project management skills
Ability to work independently on both client projects and intellectual capital development
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 skills with MS Excel, SAS, SQL, R, VBA or other programming languages
Benefits
The applicable base salary range for this role is $70,000 - $100,000 USD
The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education and any applicable minimum wage requirements
In addition to the base salary, this position may be eligible for performance-based incentives
We are excited to offer a competitive total rewards package which includes health and welfare benefits, 401K savings and other retirement programs as well as employee assistance programs
Why work for Us The Actuarial Practice of Oliver Wyman 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 is committed to equality and inclusion. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@mmc.com.
Oliver Wyman is a hybrid-work employer and expects colleagues to be in their local office or client sites as needed.
EOE statements: Marsh McLennan and its Affiliates are Equal Opportunity Employers.
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– Analyst
Location: Hybrid; preference for Atlanta, Chicago, Milwaukee, Philadelphia, or New York, but open to other Oliver Wyman Actuarial office locations
Company Overview Oliver Wyman is a global leader in management consulting and actuarial consulting. With offices in 60 cities across 29 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 5,000 professionals around the world who work with clients to optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman is a wholly owned subsidiary of Marsh McLennan [NYSE: MMC].
What We Do: 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 Health Practice of Oliver Wyman works with health organizations to manage their financial risks and support health care delivery by using advanced actuarial and modeling techniques and has over 50 employees across 6 offices in North America. Oliver Wyman is recognized by Fortune as one of the 100 Best Companies to work for in 2019.
The Health Practice of Oliver Wyman strives to be the consulting firm of choice for clients and employees, and to be recognized as the premier health 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 a team oriented 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.
Our Health Practice is rapidly growing and seeking individuals who are highly motivated to expand our team. The practice seeks to inspire a collaborative, team-based culture which fosters free flowing ideas, values diversity and allows for challenges to the status quo. Our colleagues are proud to perform exciting, diverse, and leading-edge work.
Our vision is to discover what lies beyond the obvious, achieve breakthroughs for our clients, and persist as an industry leader. Our mission is to be the leader in the integration of actuarial science, data science, and information technology to solve our clients’ most demanding challenges. We combine traditional actuarial principles with non-traditional solutions and communicate honestly and independently. We believe that diverse perspectives and approaches are business imperatives, and these can only stem from a diverse group of people. Investing in our people and local communities while delivering unequaled value to our clients is core to our mission at Oliver Wyman.
Job Description As an
Analyst , you will work alongside and learn from Oliver Wyman’s industry leaders and other experienced consultants while contributing to a broad range of client projects. You will achieve interaction and visibility with Oliver Wyman’s clients, which include top tier insurance companies, provider health systems, state regulators, and private equity firms.
Potential projects may include:
Medicare Bid Support: Assisting the bid development for Medicare Advantage products including product development, modeling, and analysis
Commercial Pricing Support: Assisting the pricing of health insurance products including product development, modeling, and analysis support specific to the ACA small group and individual markets, and large group markets
Medical and Pharmacy Claims Analysis: Supporting claim-line level analytics including benchmarking to applicable industry experience
Market Simulation Analyses: Supporting analyses of proposed federal and state legislation
Regulatory Support: Examining impact of regulatory changes and assisting clients with their implementation
Provider Contract Analysis: Evaluation of provider contracts and the impact of changes on rates
Value-based Care: Analyzing value-based care and other risk-taking arrangements from both the payer and provider perspectives
Evaluation of care management programs
Qualifications And Desired Skills
Bachelor’s or Master’s degree required, preferably in Actuarial Science, Mathematics, Statistics, Finance or a related field
1 - 3 years of actuarial experience in the actuarial field
Progress towards Associate of the Society of Actuaries (ASA) credentials
Track record of and desire for rapid learning, high performance, and professional growth
Strong written and oral communication skills
Excellent time and project management skills
Ability to work independently on both client projects and intellectual capital development
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 skills with MS Excel, SAS, SQL, R, VBA or other programming languages
Benefits
The applicable base salary range for this role is $70,000 - $100,000 USD
The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education and any applicable minimum wage requirements
In addition to the base salary, this position may be eligible for performance-based incentives
We are excited to offer a competitive total rewards package which includes health and welfare benefits, 401K savings and other retirement programs as well as employee assistance programs
Why work for Us The Actuarial Practice of Oliver Wyman 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 is committed to equality and inclusion. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@mmc.com.
Oliver Wyman is a hybrid-work employer and expects colleagues to be in their local office or client sites as needed.
EOE statements: Marsh McLennan and its Affiliates are Equal Opportunity Employers.
#J-18808-Ljbffr