About The Position

The Health and Life Sciences (HLS) practice at Oliver Wyman is dedicated to transforming healthcare through innovative solutions. The team collaborates with C-suite and senior executives across various health and life sciences sectors, including Health Insurance, Health Services, Retail and Consumer Health, Healthcare Providers, Health IT, Pharmaceutical, Biotechnology, Medical Device, and Diagnostics companies. Their work addresses wide-ranging issues of strategic impact, helping clients define future growth roadmaps and optimize current operations. The practice is a leader in value-based, consumer-centric healthcare, focusing on access, quality, experience, and cost, and provides critical commercial, marketing, development, portfolio, pricing & market access strategy, and R&D guidance. Oliver Wyman also operates the Health Innovation Center (OWHIC) to develop and promote market-driven solutions to address high costs and poor quality in healthcare systems. The consulting approach is characterized by a blend of industry expertise, strategic orientation, analytical rigor, and implementation experience. As one of Oliver Wyman's fastest-growing practices, HLS offers unique opportunities for talented individuals to make a transformative impact in the rapidly evolving healthcare and life sciences markets. The Principal role involves providing day-to-day leadership for client projects, managing client relationships and commercial processes, and ensuring the on-time delivery of complex programs. Principals are expected to guide and influence clients, identify new business opportunities, create intellectual capital through thought leadership, develop team members, and lead firm-building activities, serving as role models for the firm's values. Oliver Wyman is a global leader in management consulting with offices in over 70 cities across 30 countries, employing more than 6,000 professionals worldwide. It is a business of Marsh McLennan.

Requirements

  • 8+ years experience in healthcare or life sciences strategy consulting experience is preferred, but a combination of strategy consulting and health or life sciences industry experience will be considered
  • Expert-level practice-specific knowledge of payers/health services, providers, or life sciences
  • Experience with transactions/private equity
  • Track record of leading and managing teams and delivering against tight deadlines in fast paced and demanding environments
  • Strong background in conceptual problem solving and analytical skills
  • Ability to deploy your expertise in thought leadership and other intellectual capital efforts to bolster business development efforts
  • Outstanding written and verbal communication skills, with a readiness to present your team’s work to senior executives at top-tier clients
  • Undergraduate or advanced degree from a top academic program
  • Willingness to travel
  • 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

  • Provides day-to-day leadership of client projects and aspects of the client relationship and commercial process within those relationships, teaming with Partners and shares responsibility for the success of a specific engagement(s)
  • Leads and manages complex programs to ensure on-time delivery that meets agreed upon goals, leveraging Oliver Wyman best practice, their own expertise and the firm’s technical competence
  • Guides and influences clients in an informed way across all situations including execution of the commercial process, becoming trusted advisors
  • Engages fully in building business by identifying new and expanded opportunities
  • Creates exciting and additive intellectual capital through their thought leadership, and are knowledgeable on a broad range of adjacent topics
  • Develops others and builds a followership as part of their asset building for the firm
  • Leads firm building activities, seen as a role model for firm values with a strong personal brand within and outside of the firm and are well regarded by Partners, peers, and clients

Benefits

  • competitive total rewards package
  • health and welfare benefits
  • tuition assistance
  • 401K savings and other retirement programs
  • employee assistance programs
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