Oliver Wyman - Insurance & Asset Management - Engagement Manager
About the role
Oliver Wyman’s Insurance Practice partners with leading institutions in Life and Property & Casualty Insurance, Reinsurance, and Pensions to deliver strategic insight and analytical thinking in a rapidly evolving competitive, regulatory, and capital markets environment. Our work spans strategy development, financial effectiveness, product design and management, operational excellence, underwriting and pricing, and distribution. Recent engagements include establishing a Greenfield insurer from strategy formulation through implementation, creating the “Fulcrum” platform to accelerate insurer technology migrations, and designing a multi-year corporate strategy for an Independent Broker Dealer.
Responsibilities
- Manage the execution of individual project workstreams, including developing hypotheses; managing data collection, model creation and analyses; conducting primary and secondary research; creatively tackling information limitations; and surfacing insights
- Synthesize findings into written presentations and review them with clients and other stakeholders
- Support the Partner group in project delivery through accurate and high-quality execution
Desired Skills and Experience
- 5+ years of relevant experience, ideally with a top-tier strategy consulting firm or a Life Insurance company
- Familiarity with operations and technology components for supporting insurance products
- Demonstrable success using modern tooling such as SQL and Python
- Experience with insurance-related topics, including underwriting, risk, and finance
- Strong mathematical background and willingness to engage with the inner workings of insurance products
- Track record of leading and managing teams and delivering against tight deadlines in fast-paced environments
- Strong background in strategic problem solving with demonstrated 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
You’ll do meaningful work from day one in a global, entrepreneurial environment that values self-starters and free thinkers. We offer flexible career paths, no artificial barriers to advancement, and a collaborative, supportive team culture where you can bring your authentic self. Our values emphasize impact, legacy, straightforward interaction, meritocracy, and balanced lives, supported by project-based flexibility and respect for personal time.
Pay
The applicable base salary range for this role is $225,000 to $240,000. Base pay is determined based on factors such as experience, skills, training, location, certifications, education, and applicable minimum wage requirements, with decisions made on a case-by-case basis. In addition to base salary, this position is eligible for performance-based incentives, including year-end bonuses based on personal and corporate performance.
Benefits
Explore the full array of benefits offered at US Benefits | Marsh McLennan.