Esteban Paez takes new role with Oliver Wyman in US
Oliver Wyman recently picked up Esteban Paez from Willis Towers Watson, he joins the firm's Life Actuarial Consulting Practice as a Principal and lead for life insurance M&A in its New York City office.
Esteban Paez has become a Principal in Oliver Wyman’s US Life Actuarial Consulting Practice, as the firm continues to expand its capacities in the sector. Actuarial consulting work includes advising on the design and calculation of contributions for pension schemes and general insurance, along with HR management, risk management, mergers and acquisitions, corporate recovery, and financing projects.
Prior to joining Oliver Wyman, Esteban Paez spent over 9 years with fellow consultancy Willis Towers Watson – where he accrued further actuarial experience as a Senior Actuarial Consultant in the firm’s Risk Consulting Practice. After joining Willis Towers Watson, he worked on a range of key client dilemmas in the M&A space, related to buy and sell side valuations, due diligence, among others; and various modelling work for the insurance industry.
Paez holds a Bachelor’s degree in Actuarial Mathematics and Management Engineering from the Worcester Polytechnic Institute. He is a member of the American Academy of Actuaries and a member of the Financial Services Authority.
The announcement from Oliver Wyman sees the new recruit join the US operation’s Life Actuarial Consulting Practice as a Principal and Lead for life insurance M&A in its New York City office. He brings more than ten years’ advisory experience to life insurers, re-insurers, investment banks and private equity firms, along with a specific background in the Bermuda life insurance market, to the firm.
Commenting on the appointment, David Weinsier, Partner and leader of Oliver Wyman’s US Actuarial Life Practice said, “We are very excited to have Esteban Paez join Oliver Wyman’s American Actuarial Practice,” notes “Esteban’s experience with large and complex insurance M&A transactions will allow us to continue expansion of our insurance M&A footprint both in the US and globally.”
