Oliver Wyman - Integrated Consulting Group Intern 2026

Marsh McLennan•Chicago, IL

33d•$1,600•Hybrid

About The Position

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 firm has over 5,000 professionals dedicated to helping clients optimize their business, improve operations, and enhance their risk profile. As a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), Oliver Wyman is well-positioned to guide organizations toward seizing attractive opportunities. For more information, visit www.oliverwyman.com. The Integrated Consulting Group (ICG) is a partnership between Oliver Wyman’s Management consulting and Actuarial teams. Interns will engage in a variety of projects for insurers and asset managers, combining technical skills with a strategic mindset to create transformative outcomes for clients. Our work covers numerous topics, including: Strategy development Financial effectiveness Product design and management Operational excellence Underwriting and pricing As an intern, you will gain valuable hands-on experience and contribute to various aspects of consulting projects. Oliver Wyman offers a dynamic and flexible work environment, fostering collaboration through modern team software and accommodating various working styles. Interning at Oliver Wyman means engaging in meaningful work that challenges you from day one. You will have the opportunity to: Contribute to impactful projects while learning from experienced professionals. Collaborate in a supportive and entrepreneurial environment that values diverse perspectives. Experience a culture of meritocracy, where your contributions are recognized and rewarded. Oliver Wyman is an equal opportunity employer. We encourage applications from diverse backgrounds and experiences, reflecting our commitment to a varied and inclusive workplace. 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. 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. The Actuarial Practice of Oliver Wyman advises clients across a broad spectrum of risk management issues. We are a rapidly growing group with offices expanding across the globe. Our actuaries hold the highest professional qualifications and are nationally recognized as experts in their field(s). We use mathematical and statistical modeling skills and our qualitative assessment methodologies to assist clients in evaluating and addressing risk. Our solutions help clients manage and prepare for the potential financial consequences of uncertain future events. We bring a combination of broad-based expertise with specialized knowledge of specific risks, allowing us to provide independent, objective advice in the three primary areas of risk: healthcare, life and annuity, and property and casualty. Marsh is committed to embracing 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, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting [email protected]. Marsh 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 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.

Requirements

Enrollment in a degree program, ideally in actuarial science, risk management, STEM, or a related field, with expected graduation in 2027 or 2028.
Have taken, or are planning to take, actuarial exams or other certifications such as CFA.
Strong analytical mindset and a willingness to engage with complex information.
Excellent communication skills, both written and verbal.
Ability to work effectively under deadlines in a fast-paced environment.
Interest in strategic problem-solving and analytical work.
Willingness to travel, as required.
Unrestricted U.S. work authorization is required for U.S. office locations.

Nice To Haves

Familiarity with insurance-related topics, such as risk management or finance, is a plus.

Responsibilities

Assisting in Project Workstreams: Supporting the development of hypotheses and assisting with data collection.
Helping with model creation and analyses.
Conducting primary and secondary research to provide insights.
Synthesis of Findings: Assisting in compiling findings into presentations.
Participating in discussions with clients and stakeholders.
Support for Project Teams: Collaborating with consultants and partners to ensure high-quality execution of project tasks.

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