Oliver Wyman - Associate/Engagement Manager - Insurance & Asset Management

Oliver Wyman Group • New York, NY

7d • $190,000 - $240,000 • Hybrid

About The Position

Oliver Wyman is hiring Associates and Engagement Managers for its Insurance and Asset Management Practice within Financial Services in New York. The practice advises life insurers, property and casualty insurers, and asset managers on strategy, financial effectiveness, product design and management, operational excellence, underwriting and pricing, and distribution. Its work includes strategy development, technology and operating-model design, and implementation support.

In this role, you will manage the execution of project workstreams or projects, including planning and coordination, hypothesis development, data collection, model creation, analysis, and primary and secondary research. You will address information limitations, identify insights, synthesize findings into written presentations, discuss deliverables with clients and stakeholders, and lead client readouts. You will support Partners through accurate, high-quality project execution and manage and develop junior consultants through task allocation, review of outputs, constructive feedback, and mentoring.

The position calls for relevant project-based experience, insurance-related expertise, team leadership, analytical and strategic problem-solving skills, strong communication, and willingness to travel. Unrestricted U.S. work authorization is required; sponsorship is not offered. The position is eligible for performance-based incentives in addition to its stated base salary range.

Requirements

• 4–7 years of relevant experience, ideally at a top-tier strategy consulting firm or a similar project-based, team-oriented organization.
• Experience with insurance-related topics, such as organizational design, strategic planning, product design, distribution, underwriting, policy or claims administration, risk and capital management, pensions, or reinsurance.
• Track record of leading and managing teams and delivering against tight deadlines in fast-paced, demanding environments.
• Strong strategic problem-solving background and demonstrable analytical skills.
• Outstanding written and verbal communication skills.
• Undergraduate or advanced degree from a top academic program.
• Willingness to travel.
• Unrestricted U.S. work authorization is required for U.S. office locations; sponsorship is not offered. CPT and OPT are restricted forms of work authorization.

Nice To Haves

• Experience at a top-tier strategy consulting firm or another similar organization with a project-based, team-oriented environment.
• Insurance-related experience across the topics listed in the job description.

Responsibilities

• Manage the execution of individual project workstreams or projects, including planning and coordination.
• Develop hypotheses and manage data collection, model creation, and analyses.
• Conduct primary and secondary research, work through information limitations, and surface insights.
• Synthesize findings into written presentations and review and discuss them with clients and other stakeholders.
• Lead client readouts of written presentations or deliverables.
• Support Partners in project delivery through accurate, high-quality execution.
• Manage and develop junior consultants through tailored task allocation, output review and iteration, constructive feedback, and mentoring.

Benefits

• Performance-based incentives, including year-end bonuses based on personal and corporate performance.
• An array of employee benefits; details are available through Marsh McLennan’s U.S. Benefits information.
• Employee groups for the LGBT+ community, racially and ethnically diverse employees, women, family life, introverts, and veterans of military service.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level