Company Overview
Oliver Wyman is a global leader in management consulting, with offices in 60 cities across 29 countries. We combine deep industry knowledge with specialized expertise in strategy, operations, risk management, and organizational transformation. Our 7,000+ professionals help clients optimize performance, improve operations and risk profiles, and capture the most attractive opportunities.
Within Oliver Wyman, the Actuarial Practice provides customized actuarial services and strategic insight to insurers, provider systems, regulators, and private equity firms. We bring together actuarial expertise, advanced analytics, and technology to solve complex problems and enable forward-looking decisions.
Our team includes 600+ professionals (including ~300 credentialed actuaries) across 41 global locations. We work closely with Marsh, Mercer, and Guy Carpenter to support clients on strategy, operations, capital efficiency, and large-scale transformation.
Summer Internship Roles
Candidates applying for this role will be asked to rank their preferred role/practice:
Each practice offers a distinct focus area within actuarial and consulting work. Office availability varies by practice, and candidates will be aligned accordingly during the interview process.
In addition, all interns participate in our actuarial bootcamp which consists of a series of presentations, case studies, and mentorship sessions over a six-week period during the summer and aims to give participants a valuable and directly applicable skillset for future employment opportunities within the actuarial industry.
Actuarial & Strategy Intern
Practice: Integrated Consulting Group
ICG Overview
ICG combines actuarial expertise with strategy consulting to help insurers and asset managers solve complex challenges across finance, operations, product strategy, and M&A. Through its rotational model, ICG works across management consulting, Life, Health, and P&C practices; while interns will typically gain hands-on experience in one or two of these areas during the summer, full-time team members rotate across all four groups. This unique structure provides broader and more diverse exposure than traditional actuarial firms, accelerating development in both consulting and actuarial disciplines.
ICG Locations: Chicago, New York
What You’ll Do as an ICG Intern
Example ICG Projects
Qualifications and Skills: Actuarial and Strategy Consulting Intern (ICG)
*If interested in the ICG, feel free to check out our ICG job simulation here, Oliver Wyman Integrated Consulting Group - Forage, for an immersive experience designed to introduce you to the high-impact work of the strategy, risk, and transformation work we do.*
Actuarial Intern
Practices: Health, Life, Property & Casualty (P&C)
Health
Health Overview: Advises health plans, providers, and regulators on pricing, risk management, and value-based care using actuarial analysis and advanced analytics.
Health Locations: Atlanta, Chicago, Milwaukee, Philadelphia, New York, San Francisco, Washington, D.C.
What You’ll Do as a Health Intern
Example Health Projects
Life
Life Overview: Focuses on life, annuity, and long-term care work, including pricing, valuation, and actuarial model transformation.
Life Locations: Atlanta, Boston, Charlotte, Chicago, Hartford, New York, Seattle
What You’ll Do as a Life Intern
Example Life Projects
Property and Casualty (P&C)
P&C Overview: Advises insurance companies, corporations, captive insurers, healthcare systems, and regulators on risk financing, reserving, pricing, and financial forecasting through actuarial analysis and data-driven insights.
P&C Locations: Atlanta, Charlotte, Chicago, Houston, Los Angeles, New York, San Francisco
What You'll Doas a P&C Intern
Example P&C Projects
Qualifications and Skills: Actuarial Intern (Health, Life, and P&C)
Internship Compensation & Benefits
Intern weekly pay (U.S.): $1,350 – 1,600 USD, depending on role, practice and location.
Application Process
When applying, please:
Work Authorization
Candidates must have permanent, unrestricted U.S. work authorization. Visa sponsorship is not available for this role. (Please note, CPT and OPT are considered restricted forms of work authorization)
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