Engagement Manager - Insurance- Australia (On-site)

Industry: Insurance

Job Family: Consulting

29 Mar 2023

Sydney

Full Time

Australia

About Oliver Wyman

Oliver Wyman is a global leader in management consulting. With offices in 70 cities across 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. Our 5000 professionals help clients optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman’s thought leadership is evident in our agenda-setting books, white papers, research reports, and articles in the business press. Our clients are the CEOs and executive teams of the top Global 1000 companies.

Visit our website for more details about Oliver Wyman: www.oliverwyman.com

Marsh and McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people regardless of their sex/gender, marital or parental status, ethnic origin, nationality, age, background, disability, sexual orientation, and gender identity.

Visit our website for more details about Oliver Wyman: www.oliverwyman.com 

Job specification

Job title:

Engagement Manager

Department:

Insurance

Office/region:

Sydney, Melbourne and Perth

Reports to:

Partner

Hours:

Normal Business Hours

Job Overview:             

The Insurance Practice advises leading international and domestic clients in the Life, Property & Casualty, Health, and Reinsurance sectors, in the areas of M&A, Strategy, Operations, and Financial Effectiveness. In Asia-Pacific, we serve Top 3 players in each major domestic market, as well as the prominent Asian Regionals and leading Western multinationals. We operate at the CEO and CXO levels, and have established a reputation for deep industry expertise and impactful advice. The Practice is growing rapidly, in conjunction with its Europe and American counterparts, and now wishes to add talented and motivated individuals to the high-calibre team

Key Responsibilities:

Engagement Managers direct the day-to-day work of our consulting teams, working side-by-side with our clients. The Engagement Manager position offers excellent career and growth opportunities for talented, highly motivated professionals with notable prior experience. Engagement Managers are given the opportunity for rapid professional growth, to participate in entrepreneurial work, and to share in the success of the team. Initial responsibilities may include:

  • Create high impact client outcomes through: overseeing and guiding the consulting team as they develop hypotheses; manage data collection, model creation and analyses; conduct primary and secondary research; creatively tackle information limitations; and surface insights
  • Supporting Partners in project execution through excellent project management including: work planning, managing work flow, upward management and coaching/developing more junior team members
  • Managing client relationships and networks, presenting to senior audiences, and working day-to-day with senior and mid-level clients
  • Effectively communicating issues and solutions in formal and informal settings, through written and verbal communication

Experience Required:

  • Exposure to the Insurance industry, either through a Consultancy or Corporate environment
  • Undergraduate or advanced degree from a well-recognized academic program
  • Financial experience/certification (e.g. actuarial and / or CFA experience) would be a positive; though it is not mandatory
  • Prior consulting experience is a big positive

Skills and Attributes:

Engagement Managers serve as the on-the-ground leaders on client projects, working closely with client executives, OW consultants and Partners. While specific responsibilities will vary based on previous experience the ideal candidate will have the following: 

  • Familiarity with one or more of the Insurance sectors of Life insurance, General Insurance, Health, Reinsurance and Asset/investment management.
  • Thematic experience may include, for example
    • Strategy – e.g. portfolio and product, growth, distribution, internationalization, M&A
    • Operations – e.g. claims, underwriting, technology, operating models, post-merger integration
    • Financial effectiveness – e.g. risk, capital, asset valuation, models, regulation
  • Experience in project-based, team-oriented environments (4+ years), with a track record of leading and managing teams and delivering against tight deadlines in fast paced environments
  • Ability to conduct sophisticated analyses, draw conclusions and present recommendations
  • Outstanding communication skills; comfort in presenting to senior executives
  • Collaborative approach to working with teams and Partners
  • Intellectual capital to support business development activities.
  • Willingness to travel

How to Apply

Please send CV and cover letter to: [email protected] and/or [email protected]