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

Company:

Description:

Who We Are?

Oliver Wyman is a global leader in management consulting. With offices in 60 cities across 29 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation.  The firm has more than 5,000 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 wholly owned subsidiary of Marsh & McLennan Companies [NYSE: MMC]. For more information, visit www.oliverwyman.com.

Team Overview

The 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, technology selection across the value chain, project planning through to implementation
• Creating a new platform called “Fulcrum” that enables insurers to migrate from legacy administration platforms to new ones in months instead of years through partnerships with many of the leading insurers, technology providers and Third-Party Administrators
• Designing a multi-year corporate strategy for an Independent Broker Dealer that included product development, distribution and operations and technology components

Role

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. This typically includes 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

We offer a dynamic and personalized working environment that can be adapted to suit you.  We can accommodate flexible working hours and geographies and use the latest team collaboration software to ensure we team effectively.

Desired Skills and Experience

Just as every client project is different, we recognize and value the diversity of backgrounds and skill sets for successful candidates.  We are seeking high-caliber individuals who want to join our winning team.  While specific responsibilities will vary based on previous experience the ideal candidate will have the following: 

• 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
• Willingness to travel

Why work at Oliver Wyman?

Working as part of our global, entrepreneurial company, you’ll do meaningful work from day one. We’re looking for individuals who challenge the norm, and constantly strive to build something new for the firm and the world around us. At Oliver Wyman, there's no "one size fits all" - we hire exceptional people and help them thrive through a built-in support network, flexible career paths, and no artificial barriers to advancement. We have a collaborative, supportive and impactful team environment - we want you to bring your authentic self and enjoy working alongside diverse and down-to-earth colleagues who do serious work, b