Oliver Wyman - Insurance & Asset Management - Engagement Manager

Marsh McLennanNew York, NY
$225,000 - $240,000Hybrid

About The Position

Oliver Wyman's Insurance Practice provides leading institutions in Life and Property & Casualty Insurance, Reinsurance, and Pensions sectors with strategic insight and analytical thinking to succeed in a rapidly evolving competitive, regulatory, and capital markets environment. Our work spans a range of topics, including strategy development, financial effectiveness, product design and management, operational excellence, underwriting and pricing, and distribution. Recent examples of our impact include establishing a Greenfield insurer from strategy formulation to implementation, creating a new platform called “Fulcrum” to enable insurers to migrate from legacy administration platforms in months instead of years, and designing a multi-year corporate strategy for an Independent Broker Dealer. Our consulting roles offer excellent career and growth opportunities for talented, highly motivated professionals with relevant prior experience. As a professional member of our firm, your initial responsibilities will include managing the execution of individual project workstreams, synthesizing findings into written presentations, and supporting our Partner group in project delivery through accurate and high-quality execution. We offer a dynamic and personalized working environment that can be adapted to suit you, accommodating flexible working hours and geographies, and using the latest team collaboration software to ensure effective teamwork.

Requirements

  • 5+ years of relevant experience, ideally with a top-tier strategy consulting firm (or other similar organizations with project-based, team-oriented environments) or Life Insurance company.
  • Familiarity with operations and technology components for supporting insurance products.
  • Demonstrable success using modern day tooling (such as SQL and Python).
  • Experience with insurance-related topics, such as underwriting, risk, and finance.
  • Strong mathematical background and willingness to get into the inner workings of insurance products.
  • Track record of leading and managing teams, and delivering against tight deadlines in fast-paced, demanding environments.
  • Strong background in strategic problem solving with demonstrable analytical skills.
  • Outstanding written and verbal communication skills.
  • Undergraduate or advanced degree from a top academic program.
  • Unrestricted U.S. work authorization is required for U.S. office locations. Oliver Wyman does not offer sponsorship for this position. Please note that CPT and OPT are restricted forms of work authorization.

Responsibilities

  • Managing the execution of individual project workstreams.
  • Developing hypotheses; managing data collection, model creation and analyses; conducting primary and secondary research; creatively tackling information limitations; and surfacing insights.
  • Synthesizing findings into written presentations; reviewing and discussing with clients and other stakeholders.
  • Supporting our Partner group in project delivery through accurate and high-quality execution.

Benefits

  • Performance-based incentives
  • Year-end bonuses based on personal and corporate performance
  • An impressive array of benefits (Explore all the benefits offered at US Benefits | Marsh McLennan)
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