Oliver Wyman’s Insurance practice supports its clients with leading edge topics.
Our client list includes almost all top global insurers in both life and non-life, along with all major domestic insurers as well as other market participants such as investors or distribution companies.
The Oliver Wyman Insurance practice uniquely combines deep strategy expertise, a thorough quantitative understanding and rich implementation experience.
We set ourselves apart by providing our clients with specialist knowledge in topics across the entire insurance value chain from top of the house strategy to finance and risk to operations.
One key area of specialisation is improving our insurance clients’ Financial Effectiveness optimising their use of and return on financial resources, ensuring appropriate risk management and improving the operational effectiveness of the risk and finance functions
The following list is a sample of recent Financial Effectiveness topics from our project work :
In addition we have carried out the development and implementation of Risk Appetite, Capital Optimisation and Risk Function Transformation projects for many of the EMEA region’s largest and most important insurers.
THE ROLE AND RESPONSIBILITIES
Experienced professionals bring us the know-how to make lasting change for our clients and our company. We are not typical management’ consultants.
We provide deep industry- and discipline-specific knowledge and expertise, which amplifies our impact and helps us shape the future for our clients.
All of our Insurance team members are Insurance specialists. Oliver Wyman is a diverse, entrepreneurial, non-competitive partnership of individuals who like to pursue new opportunities or build a unique franchise doing what they do best in a collegial, fun environment.
The role will focus on managing projects - You will lead a team through an efficient and effective problem-solving process from initial thought process through convergence on a solution.
You will ensure that recommendations are appropriate, practical, sensible, relevant and cohesive. It’s a role that demands thought leadership at the strategic level, and command of all the technical and operational details of execution in teams.
You will need great communication skills, ability to grow and nurture junior team members and the ability to forge strong relationships.
YOUR ATTRIBUTES AND EXPERIENCE
Clients hire Oliver Wyman for specialized expertise, the ideal candidate will have most of the following :
Minimum of 5 - 10 years of relevant experience, ideally with a top-tier consulting firm or large insurer (or other similar organizations)
Knowledge of finance and / or risk management topics, including technical aspects such as Solvency II internal models and ORSA
Strong background in problem solving with demonstrable analytical skills
Fluent business English
Outstanding written and oral communication skills in both formal and informal settings
Undergraduate or advanced degree from a top academic program
Willingness to travel
Know how to take the initiative, seeking out opportunities to learn new skills and put the ones you’ve already got to good use.
Are not just intelligent, but creative too : ready to come up with novel ideas to solve our clients’ biggest problems.
A willingness to work fluidly and respectfully with our incredibly talented team.
OUR VALUES & CULTURE
We’re serious about ensuring OW is 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 endeavour, 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, anti-Kudzu
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 other’s time, and are sensitive to how it is used.
We are an output not input-based culture, have respect for people’s personal decisions, and believe that one's workload must be sustainable.
We seek balance for ourselves and our colleagues.