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Oliver Wyman Insurance & Asset Management Engagement Manager

Marsh McLennan


Job Location:

Boston, MA - USA

Yearly Salary: USD 225000 - 240000
Posted: 25 September 2026 (3 days ago)
Application Deadline: 23 December 2026
Vacancies: 1 Vacancy

Job Summary

Company:
Oliver Wyman

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 5000 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 .

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 youll do meaningful work from day one. Were 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 theres 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 but dont take themselves too seriously.

Our Values & Culture

Were serious about making OW a rewarding progressive enjoyable and balanced place to work.

  • Self-starters and free thinkers who work well in a team

We are individuals who are self-starting motivated energetic entrepreneurial about what we do

  • Common aspiration collective endeavor shared success

We have the common aspiration to have an impact leave a legacy and change the world. We have no interest in running a steady-state business. We want to build grow and shape the environment around us

  • Straightforward open respectful interaction

We value an environment where every member of Oliver Wyman is encouraged and expected to voice his or her opinion

  • Opportunity without artificial barriers

We value merit and believe that to create a true meritocracy we need to remove artificial barriers to opportunity

  • Balanced lives

We value people whose lives balance work and non-work activities because we believe they are both more interesting colleagues and are able to make better contributions to the Firm. We push ourselves hard to deliver excellence but we also work to extract the maximum benefit from the flexibility of a project-based business. We provide the ability to take career breaks for personal or family reasons. We fundamentally value each others time and are sensitive to how it is used. We are an output not input-based culture have respect for peoples personal decisions and believe that ones workload must be sustainable. We seek balance for ourselves and our colleagues.

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.

Why Work for Us

Oliver Wyman seeks to invest in its people by fostering a safe and inclusive environment respecting and welcoming different perspectives promoting an ownership culture providing opportunities for individuals to develop their personal brand and celebrating successes and rewarding performance. There are employee groups for: the LGBT community racially and ethnically diverse employees women family life introverts and veterans of military service at Oliver Wyman.

The applicable base salary range for this role is $225000 to $240000. The base pay offered will be determined on factors such as experience skills training location certifications educations and any applicable minimum wage requirements. Decisions will be determined on a case-by-case additional to the base salary this position is eligible for performance -based incentives.

Oliver Wyman offers a performance-based pay program that rewards colleagues for the contributions they make to our business results including year-end bonuses based on personal and corporate performance. We also offer an impressive array of benefits. Explore all the benefits offered atUS Benefits Marsh McLennan.

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.

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:

IC