Oliver Wyman - Senior Consultant - Insurance - New York

Marsh & Mclennan Companies, Inc. New York , NY 10007

Posted 3 weeks ago


Oliver Wyman


Practice 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:

  • Conducting a holistic assessment of the strategy, operations, and organization of a large US multinational insurer's life business, focusing on accelerating growth, improving economics, rationalizing costs, and integrating several disparate businesses

  • For a personal line property and casualty insurer, conducted StudioSessions to identify hassles and dreams across the value chain and identified ways to implement Artificial Intelligence, Machine Learning, and Robotics Process Automation to enhance the customer experience and reduce costs throughout the organization

  • For a major brokerage, created an alternative capital funded property facility, including contract negotiation, product development, process creation, and financial projections

The Insurance Practice is seeking Senior Consultants and Associates to support our continued expansion, a strategic priority for the firm. This is an exciting opportunity to be part of a successful team. For more information about our Practice, please visit http://www.oliverwyman.com/what-we-do/financial-services/insurance.html


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

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:

  • 2-6 years of relevant experience, ideally with a top-tier strategy consulting firm (or other similar organizations with project-based, team-oriented environments)

  • Experience with insurance-related topics, such as organizational design, strategic planning, product design, distribution, underwriting, policy administration, claims, risk and capital management, pensions, or reinsurance

  • 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

Oliver Wyman is a wholly owned subsidiary of Marsh & McLennan Companies, Inc. (NYSE: MMC). For more information, please visit www.oliverwyman.com and follow Oliver Wyman on Twitter @OliverWyman.

Marsh & McLennan Companies and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.

icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Senior Consultant Flc Financial Institutions Consulting New York

FTI Consulting, Inc.

Posted 7 days ago

VIEW JOBS 11/7/2019 12:00:00 AM 2020-02-05T00:00 About FTI Consulting: FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With nearly 5,000 professionals located in most major business centers around the world, we work closely with clients every day to anticipate, illuminate, and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management and restructuring. Our professionals are some of the most experienced leaders in their field and our workforce includes numerous PhDs, MBAs, CPAs, CFEs, JDs, and technologists with expertise across a broad range of industries. Since our founding in 1982, clients have turned to us for high-stakes issues that require specialized expertise. If you are interested in becoming part of a fast growing company and helping shape its future, read on. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn. FTI Consulting continually strives to offer employees and eligible dependents, including domestic partners and eligible domestic partner children, a competitive and comprehensive benefits package. Please click here for more information. FTI Consulting does not accept unsolicited resumes from external firms or agencies. FTI Consulting will not be responsible for placement fees associated with unsolicited resumes. FTI Consulting is an equal opportunity employer and does not discriminate on the basis of race, color, national origin, ancestry, citizenship status, protected veteran status, religion, physical or mental disability, marital status, sex, sexual orientation, gender identity or expression, age, or any other basis protected by law, ordinance, or regulation. About Forensic & Litigation Consulting The Forensic and Litigation Consulting practice at FTI Consulting provides multidisciplinary, independent dispute advisory, investigative, data acquisition/analysis and forensic accounting services to the global business and legal community. Our team supports clients facing high stakes litigation, arbitration and compliance investigations, and regulatory scrutiny. ABOUT THE OPPORTUNITY: FTI is looking for banking professionals with 2-5 years of experience. Experience with one of the federal bank regulatory agencies, compliance experience with a large financial institution, or regulatory consulting experience with a national consulting firm is a plus. Responsibilities include providing bank regulatory consulting services and preforming analysis for various client situations. PRIMARY DUTIES: * Performs day-to-day activities in support of financial institution consulting projects including interaction with client personnel, other team members, and professionals from other firms involved in the engagement. * Performs technical, industry, and company research utilizing online tools and publicly available information, develops work plans and executes analyses to assess complex questions of fact, prepares reports and schedules summarizing findings that will be delivered to clients and other parties. * Applies banking, compliance, financial, and analytical skills to various client situations and practice disciplines, including development and review of client policies and procedures, processes and controls, compliance with bank regulations, and management of risk * Develops an understanding of FTI's business segment offerings and uses that knowledge to recognize opportunities for FTI to help meet the needs of current and future clients. * Develops new business relationships with banking professionals, attorneys and company personnel to grow FTI's business and works to foster on-going sales efforts to obtain additional opportunities for FTI. * Organizes information to facilitate effective data access and analysis. * Maintains detailed working paper records reflecting assumptions, methodologies, and sources of information employed during the performance of all analytical and review tasks. * Delivers a high quality product within established timeframes and budgets. * Assists with preparing written analyses and other reports for third parties, as necessary, on the project scope and/or results of activities. Assists with preparing presentations and quantitative exhibits for third parties on the project scope and findings. * Develops and maintains productive working relationships with client personnel and team members. BASIC QUALIFICATIONS: * Bachelors or Master's Degree in finance, business, or related field. * Desire to work towards CFE, CAMS, CRCM or other relevant professional designation. * Ability to travel up to 50% of the time. PREFERRED SKILLS: * Two plus years of financial services experience, preferably in a bank regulatory capacity. * Good understanding of state and federal laws applicable to financial institutions and experience evaluating compliance with such laws. * Analytical and issue resolution intelligence, problem solving is essential. * Strong written and verbal communication skills. * Aptitude for quantitative and qualitative analysis. * Ability to work independently in fast-paced, multi-tasked environment. * Ability to interface with team members and client personnel in demanding, deadline-driven situations. * Ability and willingness to learn and adapt in an ever changing environment to meet client needs. * Ability to manage multiple workflows simultaneously. * Proficient with PC environments and related software, including Microsoft Office applications, especially advanced skills in Excel. POSITION CLASSIFICATION: Exempt FTI Consulting is an Equal Opportunity Employer #LI-SC1 Additional Information * Citizenship Status Accepted: USA Citizenship, Permanent Resident * Exempt or Non-Exempt?: Exempt FTI Consulting, Inc. New York NY

Oliver Wyman - Senior Consultant - Insurance - New York

Marsh & Mclennan Companies, Inc.