Marsh & McLennan Companies
Oliver Wyman Actuarial and Strategy Consultant - Integrated Consulting Group
Marsh & McLennan Companies, New York, New York, us, 10261
Overview
Company:
Oliver Wyman Oliver Wyman is a global leader in management consulting with offices in 60 cities across 29 countries. The firm has more than 5,000 professionals who help clients optimize business performance, operations, risk, and organizational transformation. Oliver Wyman is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC). For more information, visit www.oliverwyman.com. Job Specification
Team:
Integrated Consulting Group Location:
New York, Chicago Role:
Consultant Team Overview:
Integrated Consulting Group
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: 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 and visual presentations; reviewing and discussing with clients and other stakeholders. Supporting our Partner group in project delivery through accurate and high-quality execution.
Integrated Consulting Group (ICG) Details
The Integrated Consulting Group is a partnership between Oliver Wyman’s Actuarial and Management Consulting teams. Members work on a wide variety of projects for Insurers and Asset Managers, combining technical actuarial skills with a strategic mindset to create transformative outcomes for clients. Our work spans topics including underwriting and pricing, strategy development, M&A, financial effectiveness, product design and management, operational excellence, and distribution. Recent examples of impact include: Developing a target operating model for the Finance and Actuarial functions of a life insurer to empower data access, technology, and pricing/reserve calculations. Establishing a greenfield insurer from strategy formulation through technology selection, planning, and implementation. Designing a multi-year corporate strategy for an Independent Broker Dealer including product development, distribution, operations, and technology components.
Desired Skills and Experience
We value diverse backgrounds and skills. The ideal candidate will have the following, though responsibilities vary by experience: Graduate of the class of 2026 or candidates with 1–2 years of experience. Currently pursuing or have completed a Bachelor’s degree in Actuarial Science, Statistics, Mathematics, or other STEM field. Have successfully passed at least 1 actuarial exam. Willingness to explore the inner workings of insurance products. Track record of delivering against tight deadlines in fast-paced environments. Strong background in strategic problem solving with demonstrable analytical skills. Outstanding written and verbal communication skills. Willingness to travel.
ICG Job Simulation
Experience what it’s like to work at ICG by trying our Forage job simulation. The interactive experience offers a glimpse into a typical day in the role. Dive in to see how you could make an impact with us here: Oliver Wyman | Integrated Consulting Group | Forage
Why Join Us
Challenge-driven environment with opportunities to work across cultures. Encouragement to step out of your comfort zone and embrace curiosity. On-the-job learning with formal training to develop communication, presentation, analytical, and client-management skills. Genuine colleagues who value impact and collaboration. Flexible work arrangements, including hybrid options, and access to employee resource groups and social activities.
Immediate Impact and Growth
Work on challenging projects with significant impact from day one. Be brave, challenge the status quo, and help shape the firm and the world around you. Contribute as a team member from the start, building trust-based relationships and delivering breakthrough impact. Steep learning curve with opportunities to expand your toolkit and collaborate with experts. Travel opportunities within your home market and internationally. Click here to learn more.
How to Apply
If you like what you’ve read, we’d love to hear from you. For more information about the firm during your application process, please visit www.oliverwyman.com/careers. Oliver Wyman is an equal opportunity employer.
Compensation and Eligibility
Full-Time Compensation:
The applicable base pay for this role is 90-100k and is based on the number of actuarial exams completed. The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education. In addition to the base salary, this position may be eligible for performance-based incentives. Unrestricted U.S. work authorization is required for U.S. office locations. Oliver Wyman does not offer sponsorship for this position. CPT and OPT are restricted forms of work authorization.
Oliver Wyman, a Marsh & McLennan company, is a management consulting firm with a global footprint. Marsh McLennan is a global leader in risk, strategy, and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. For more information, visit Oliver Wyman. Follow on LinkedIn and X for updates. The Actuarial Practice of Oliver Wyman advises clients on risk management across healthcare, life and annuity, and property and casualty. We are a growing group with offices worldwide and a diverse, inclusive, and flexible work environment. If you need accommodations, please contact reasonableaccommodations@mmc.com. Marsh McLennan supports hybrid work, with expectations to be in the local office or onsite with clients at least three days per week. Office-based teams should designate at least one anchor day for in-person collaboration.
#J-18808-Ljbffr
Company:
Oliver Wyman Oliver Wyman is a global leader in management consulting with offices in 60 cities across 29 countries. The firm has more than 5,000 professionals who help clients optimize business performance, operations, risk, and organizational transformation. Oliver Wyman is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC). For more information, visit www.oliverwyman.com. Job Specification
Team:
Integrated Consulting Group Location:
New York, Chicago Role:
Consultant Team Overview:
Integrated Consulting Group
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: 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 and visual presentations; reviewing and discussing with clients and other stakeholders. Supporting our Partner group in project delivery through accurate and high-quality execution.
Integrated Consulting Group (ICG) Details
The Integrated Consulting Group is a partnership between Oliver Wyman’s Actuarial and Management Consulting teams. Members work on a wide variety of projects for Insurers and Asset Managers, combining technical actuarial skills with a strategic mindset to create transformative outcomes for clients. Our work spans topics including underwriting and pricing, strategy development, M&A, financial effectiveness, product design and management, operational excellence, and distribution. Recent examples of impact include: Developing a target operating model for the Finance and Actuarial functions of a life insurer to empower data access, technology, and pricing/reserve calculations. Establishing a greenfield insurer from strategy formulation through technology selection, planning, and implementation. Designing a multi-year corporate strategy for an Independent Broker Dealer including product development, distribution, operations, and technology components.
Desired Skills and Experience
We value diverse backgrounds and skills. The ideal candidate will have the following, though responsibilities vary by experience: Graduate of the class of 2026 or candidates with 1–2 years of experience. Currently pursuing or have completed a Bachelor’s degree in Actuarial Science, Statistics, Mathematics, or other STEM field. Have successfully passed at least 1 actuarial exam. Willingness to explore the inner workings of insurance products. Track record of delivering against tight deadlines in fast-paced environments. Strong background in strategic problem solving with demonstrable analytical skills. Outstanding written and verbal communication skills. Willingness to travel.
ICG Job Simulation
Experience what it’s like to work at ICG by trying our Forage job simulation. The interactive experience offers a glimpse into a typical day in the role. Dive in to see how you could make an impact with us here: Oliver Wyman | Integrated Consulting Group | Forage
Why Join Us
Challenge-driven environment with opportunities to work across cultures. Encouragement to step out of your comfort zone and embrace curiosity. On-the-job learning with formal training to develop communication, presentation, analytical, and client-management skills. Genuine colleagues who value impact and collaboration. Flexible work arrangements, including hybrid options, and access to employee resource groups and social activities.
Immediate Impact and Growth
Work on challenging projects with significant impact from day one. Be brave, challenge the status quo, and help shape the firm and the world around you. Contribute as a team member from the start, building trust-based relationships and delivering breakthrough impact. Steep learning curve with opportunities to expand your toolkit and collaborate with experts. Travel opportunities within your home market and internationally. Click here to learn more.
How to Apply
If you like what you’ve read, we’d love to hear from you. For more information about the firm during your application process, please visit www.oliverwyman.com/careers. Oliver Wyman is an equal opportunity employer.
Compensation and Eligibility
Full-Time Compensation:
The applicable base pay for this role is 90-100k and is based on the number of actuarial exams completed. The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education. In addition to the base salary, this position may be eligible for performance-based incentives. Unrestricted U.S. work authorization is required for U.S. office locations. Oliver Wyman does not offer sponsorship for this position. CPT and OPT are restricted forms of work authorization.
Oliver Wyman, a Marsh & McLennan company, is a management consulting firm with a global footprint. Marsh McLennan is a global leader in risk, strategy, and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. For more information, visit Oliver Wyman. Follow on LinkedIn and X for updates. The Actuarial Practice of Oliver Wyman advises clients on risk management across healthcare, life and annuity, and property and casualty. We are a growing group with offices worldwide and a diverse, inclusive, and flexible work environment. If you need accommodations, please contact reasonableaccommodations@mmc.com. Marsh McLennan supports hybrid work, with expectations to be in the local office or onsite with clients at least three days per week. Office-based teams should designate at least one anchor day for in-person collaboration.
#J-18808-Ljbffr