National African-American Insurance Association (NAAIA)
Oliver Wyman Actuarial Consulting - Analyst, Health Practice
National African-American Insurance Association (NAAIA), New York, New York, us, 10261
Oliver Wyman Actuarial Consulting, Inc. - Health Practice
Job Description:
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 worldwide who work with clients to optimize their business, improve their operations and risk profile, and accelerate organizational performance.
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 exemplifies our commitment to relationships built on trust, responsiveness, and clear communication.
Potential Projects As an Analyst, you will work alongside industry leaders and contribute to a broad range of client projects. 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 for ACA small group, individual, 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 implementation
Provider Contract Analysis:
Evaluating provider contracts and the impact of changes on rates
Value‑based Care:
Analyzing value‑based care and other risk‑taking arrangements from 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 rapid learning, high performance, and professional growth
Strong written and oral communication skills
Excellent time and project management skills
Ability to work independently on client projects and intellectual capital development
Understanding of the value of collaboration and ability to work effectively in a team setting
Deep critical‑thinking skills and problem‑solving ability
Highly motivated 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 (base pay is determined by experience, skills, training, location, certifications, education, and applicable minimum wage requirements)
Eligibility for performance‑based incentives in addition to the base salary
Competitive total rewards package including health and welfare benefits, 401(k) savings, and other retirement programs, as well as employee assistance programs
Oliver Wyman is committed to the principles of 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.
Reasonable accommodations for applicants with disabilities may be requested by contacting reasonableaccommodations@mmc.com.
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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 worldwide who work with clients to optimize their business, improve their operations and risk profile, and accelerate organizational performance.
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 exemplifies our commitment to relationships built on trust, responsiveness, and clear communication.
Potential Projects As an Analyst, you will work alongside industry leaders and contribute to a broad range of client projects. 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 for ACA small group, individual, 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 implementation
Provider Contract Analysis:
Evaluating provider contracts and the impact of changes on rates
Value‑based Care:
Analyzing value‑based care and other risk‑taking arrangements from 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 rapid learning, high performance, and professional growth
Strong written and oral communication skills
Excellent time and project management skills
Ability to work independently on client projects and intellectual capital development
Understanding of the value of collaboration and ability to work effectively in a team setting
Deep critical‑thinking skills and problem‑solving ability
Highly motivated 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 (base pay is determined by experience, skills, training, location, certifications, education, and applicable minimum wage requirements)
Eligibility for performance‑based incentives in addition to the base salary
Competitive total rewards package including health and welfare benefits, 401(k) savings, and other retirement programs, as well as employee assistance programs
Oliver Wyman is committed to the principles of 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.
Reasonable accommodations for applicants with disabilities may be requested by contacting reasonableaccommodations@mmc.com.
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