About Oliver Wyman

Oliver Wyman is a global leader in management consulting. With offices in more than 70 cities across 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation.

The firm has 7,000 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 business of Marsh McLennan [NYSE: MMC].

For more information, visit www.oliverwyman.com. Follow Oliver Wyman on X @OliverWyman.

Job Overview:    

Oliver Wyman’s Insurance and Asset Management operates across three core areas: strategy, operations and finance. By drawing on our industry expertise, analytical insight, and market-leading intellectual capital, we employ global best practices to deliver breakthrough solutions to our clients’ most difficult challenges.

We are at the forefront of supporting and driving work globally to reimagine the future of the insurance industry and drive transformational value growth for customers, shareholders, and societies.

We set ourselves apart by providing our clients with specialist knowledge in topics across the entire insurance value chain from top of the house strategy to finance and risk to operations.

Key Responsibilities:

Principals are experts in particular content areas and provide day-to-day leadership of complex client projects and aspects of the client relationship and commercial process, teaming with Partners. They ensure on-time delivery that meets or exceeds agreed upon goals, leveraging Oliver Wyman best practice, their own expertise and the firm’s technical competence. They become trusted advisors to senior clients, with the ability to guide and influence their thinking, and to be viewed as experts in particular content areas.

Oliver Wyman Principals are seen as Partners of the future and, as such, are fully engaged in building business through identifying new and expanded opportunities; they create exciting and additive intellectual capital through thought leadership and are knowledgeable on a broad range of adjacent topics. Principals develop others and build a strong personal brand both within and outside the firm.

Managing the execution of individual project modules. This typically includes developing hypotheses, managing data collection, model creation and analyses, conducting primary and secondary research, creatively tackling information limitations, and surfacing insights.

Supporting our Partner group in project delivery through accurate and high-quality case execution

Owning and developing executive client relationships, presenting to a wide range of audiences, and working day-to-day with clients and other stakeholders.

Managing and developing the capabilities of junior consulting staff.

Experience Required:

Just as every client project is different, so we recognize and value the diversity of backgrounds and skillsets for successful candidates. We are seeking high-caliber individuals who want to join our winning team. Preference will be given to candidates with:

At least 8-10 years of relevant experience, ideally with a top-tier strategy consulting firm or familiarity with one or more of the Insurance sectors of Life insurance, General Insurance, Health, Reinsurance and Asset/investment management.

Undergraduate or advanced degree from a top academic program

Thematic experience may include, for example

Strategy – e.g. portfolio and product, growth, distribution, internationalization, M&A

Operations – e.g. claims, underwriting, technology, operating models, post-merger integration

Financial effectiveness – e.g. risk, capital, asset valuation, models, regulation

Track record of leading and managing teams or work streams and delivering against tight deadlines in fast paced and demanding environments

Strong background in strategic problem solving with demonstrable analytical skills

Outstanding written and verbal communication skills in both formal and informal settings

Willingness to travel

Know how to take the initiative, seeking out opportunities to learn new skills and put the ones you’ve already got to good use.

Not just intelligence, but creativity too: ready to come up with novel ideas to solve our clients’ biggest problems.

A willingness to work fluidly and respectfully with our incredibly talented team.

Oliver Wyman, a business of Marsh McLennan (NYSE: MMC), is a management consulting firm combining deep industry knowledge with specialized expertise to help clients optimize their business, improve operations and accelerate performance. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit oliverwyman.com, or follow on LinkedIn and X.

Marsh McLennan is committed to creating a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.