What We Do
Managing property and casualty risk in today’s business environment can be an extremely difficult task. Risk managers, chief actuaries, and CFO’s are faced with the challenge of minimizing risks while maximizing returns within ever-changing legal, economic, and regulatory environments. Independent, specialized advice and professional services help organizations meet this challenge.
At Oliver Wyman, we are redefining what it means to be an actuary. While our analyses are still the core of what we do, we harness our technical skills and couple them with creativity- in the pursuit of discovering new tools and strategies that will help our clients’ businesses thrive.
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 a leader in the integration of actuarial science, data science, and information technology to solve our clients’ most demanding challengesOliver Wyman’s Vision and Mission
Honesty and Independency
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 steam from a diverse group of people
Investing in people
Investing in our people and local communities while delivering unequaled value to our clients is core to our mission at Oliver Wyman
Oliver Wyman is proud of our position as a business of Marsh & McLennan Companies (nyse: MMC). We operate entirely independently of other Marsh & McLennan businesses.
As an independent consultancy, you can expect that the results of our reports will be consistent regardless of who has hired us.
This said, we can access the full breadth of Marsh & McLennan’s resources with our client's approval. This relationship allows us to streamline many functions for you and, most importantly, allows us access to a broad array of expertise and industry knowledge that informs our analyses and allows you a 360-degree view.
Continuously breaking the traditional actuarial mold, the property and casualty actuaries of Oliver Wyman offer superior actuarial expertise, creativity, and relentless service. The insight we provide enables our clients to anticipate contingencies and take effective action. The ability to strategically look ahead can mean the difference between mere business survival, and ultimate organization success.
P&C Actuarial Services
What We Think
Our intellectually curious consultants enjoy the responsibility of providing thoughtful advice and accurate solutions for our clients. Logic gives us the direction, but creativity and innovation help us create a clearer image of the future.
We've developed this document to provide current information regarding legislation, executive orders, regulatory directives, and the current regulatory environment as respects the compensability of workers compensation claims related to COVID-19 illness.
COVID-19 WC - REGULATORY UPDATERead more
What effects do we see on workers’ compensation claims through December 31, 2021?
COVID-19 WC CLAIMS TRENDSRead more
All organizations face a similar problem: uncertainty regarding their workers compensation costs.
COVID-19 WC - ACTUARIAL KEY CONSIDERATIONSRead more
Two surprising impacts of the pandemic on loyalty breakage
Managing loyalty rewards programs through the pandemic has brought on a wide range of challenges to accurate forecasting, from changes in consumer behavior to changes in program rules to account for the pandemic.Read more
Cyber Risk and Captive Insurance Considerations
With cyber insurance premiums more than doubling for many clients in 2021 and many insurers looking to restrict coverage provided by cyber policies, we are seeing an increasing number of clients considering insuring their cyber risk through their captive.Read more
As a client, Oliver Wyman works alongside you as a true partner, combining expertise, innovation, and creative problem solving to help you in a tailored, iterative process. As a colleague, you are invited to grow your professional skill set and responsibility level as fast as your ambition dictates, while being supported with the teammates and resources needed to succeed. For the community, Oliver Wyman provides opportunities for consistent employee volunteerism and supports worthwhile organizations through generous contribution matching and direct donationsJoaquin Camara, Oliver Wyman Actuarial Consultant
Who We Are
Our actuarial consultants are relentless in their pursuit of the multiple possibilities that could solve a problem. Our motto, “to discover what lies beyond the obvious,” is true in every study. We dive deep into the data, taking multiple contexts into consideration before we approach our clients with an answer.
Shipyard by Oliver Wyman Actuarial is a proprietary and highly flexible business intelligence platform.
We use Shipyard to build powerful and interactive visual analytics web-based applications (for example Lighthouse a state-of-the-art interactive data visualization platform) for corporations, insurance companies, and brokerage firms.