ASNA Oliver Wyman Actuarial and Strategy Consulting Intern – Integrated Consulting Group

Chicago, IL - USA

Monthly Salary: Not Disclosed

Posted on: 6 hours ago

Vacancies: 1 Vacancy

Job Summary

Company:

Oliver Wyman

Description:

Job Description:Oliver Wyman Actuarialand Strategy Consulting Intern Integrated Consulting Group

Who We Are:Oliver Wyman is a global leader in management consulting. With offices in 60 cities across 29 countries we combine deep industry knowledge with specializedexpertisein strategy operations risk management and organizational transformation. Our firm has over 5000 professionals dedicated to helping clientsoptimizetheir 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.

Internship Overview

Team:Integrated Consulting Group
Location:New YorkChicago
Role:Intern

Start Date:Winter 2027termSummer2027 TermFall 2027Term

Team Overview: Integrated Consulting Group

The Integrated Consulting Group (ICG) is a partnership between Oliver WymansActuarial and Management Consultingteams. Members work on a wide variety of projects for Insurers and Asset Managers combining technicalactuarial skillswith a strategic mindset to create transformative moments for our clients. We provide leadinganalytical thinking andstrategic insight to succeed in a rapidly evolving competitive regulatory and capitalmarketsenvironment. Our work spans a range of topics includingunderwriting and pricingstrategy developmentM&Afinancial effectiveness product design and management operational excellence and distribution. Recent examples of our impact include:

Developing a target operating model for the Finance and Actuarial functions of a life insurer to empower them with enhanced data and the technology they need to design products perform pricing updates and calculate reserves

Establishing agreenfield insurer from strategy formulation technologyselectionacross the value chain project planning through to implementation

Designing a multi-year corporate strategy for an Independent Broker Dealer that included product development distribution and operations and technology components

Role of an Intern

As an intern you will gain valuable hands-on experience and contribute to various aspects of consulting projects. Your primary responsibilities will include:

Supporting the development of hypotheses; managing data collection modelcreationand analyses; conducting primary and secondary research; creatively tackling information limitations; and surfacing insights

Synthesizing findings intopresentations;participatingin discussions with clients and other stakeholders.

Collaborating with consultants and partners to ensure high-quality execution of project tasks.

Desired Skills and Experience

Weseekmotivated and high-caliber individuals for our internship program. Ideal candidates willpossess:

Currently pursuing abachelors degree in actuarial science statistics mathematics orotherSTEMfieldwith expected graduation in2028 or 2029.

Have taken or are planning to take actuarial exams

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

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.

Interestin strategic problem-solving and analytical work.

Willingness to travel

Why Intern at Oliver Wyman

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.

Internship Program Compensation: The applicable salary for this role is $1600 per week.

ICG Job Simulation

Experience whatitsreally like to work at ICG by trying our Forage job simulation. This interactive simulation offers an exciting glimpse into a typical day in the roleshowcasingthe rewarding challenges and opportunitiesyoullencounter. Dive in and see firsthand how you could make an impact with us here:Oliver Wyman Integrated Consulting Group Forage

Application Requirements:Unrestricted U.S. work authorization isfor U.S. office locations.

How to Apply:Ifyoureexcited about joining our team we would love to hear from you! For more information about the internship application process and opportunities please visitOliver Wyman Careers.

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 isfor 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 is a business of Marsh (NYSE: MRSH) a global leader in risk reinsurance and capital people and investments and management consulting advising clients in 130 countries. With annual revenue of over $27 billion and more than 95000 colleagues Marsh helps build the confidence to thrive through the power of perspective. For more information or follow us onLinkedInandX.

The Actuarial Practice of Oliver Wyman a Marsh business 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

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.

Required Experience:

Intern

Company:Oliver WymanDescription:Job Description:Oliver Wyman Actuarialand Strategy Consulting Intern Integrated Consulting GroupWho We Are:Oliver Wyman is a global leader in management consulting. With offices in 60 cities across 29 countries we combine deep industry knowledge with specializedexper...