Principal, Insurance

Oliver Wyman - Principal, Insurance & Asset Management - Sydney

Join to apply for the Oliver Wyman - Principal, Insurance & Asset Management - Sydney role at Oliver Wyman

Oliver Wyman - Principal, Insurance & Asset Management - Sydney

Join to apply for the Oliver Wyman - Principal, Insurance & Asset Management - Sydney role at Oliver Wyman

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About Oliver Wyman

Oliver Wyman is a global leader in management consulting. With offices in more than 70 cities across 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation.

About Oliver Wyman

Oliver Wyman is a global leader in management consulting. With offices in more than 70 cities across 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation.

The firm has 7,000 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 business of Marsh McLennan [NYSE: MMC].

For more information, visit www.oliverwyman.com. Follow Oliver Wyman on X @OliverWyman.

Overview On Oliver Wyman's Insurance & Asset Management Practice

At Oliver Wyman, we are passionate about reinventing insurance. We partner clients across four major transformative moments:

• Customer-Led Transformation: Identifying growth and efficiency opportunities by focusing on customer needs. Key questions include: "How can we accelerate topline growth by addressing unmet customer needs?" and "Where can our unique capabilities create a competitive advantage?"
• Performance Transformation: Improving operating models and streamlining costs to reinvest in critical capabilities.
• Deal-Driven Transformation: Supporting integrations, divestitures, and IPOs to help clients navigate complex transactions.
• Stakeholder-Led Transformation: Helping clients adapt to external pressures such as regulatory changes, board strategies, shareholder demands, or leadership transitions.
  
  

Our Insurance & Asset Management practice works closely with our Actuarial team, combining deep industry knowledge, analytical insight, and specialized expertise to solve our clients' toughest challenges. We aim to double our size over the next five years.

As part of Marsh McLennan, a global leader in insurance, we collaborated with colleagues from Marsh, Mercer, and Guy Carpenter to transform the insurance industry.

About Your Role

Your Impact

As a Principal, you will lead impactful initiatives that shape the future of the insurance sector through the following:

• Drive Innovation: Spearhead high-impact consulting projects that redefine client expectations and set industry benchmarks.
• Cultivating Relationships: Build and nurture trusted relationships with senior executives to influence strategic decision-making
• Mentor and Develop Talent: Support and inspire junior consultants by cultivating a collaborative and creative culture that supports their growth and strengthens team capabilities.
• Lead Thought Leadership Initiatives: Develop and communicate insights that establish Oliver Wyman as a trusted and forward-thinking leader in the insurance industry
  
  

What You'll Do

• Lead and manage complex client projects, ensuring timely execution and alignment with strategic objectives.
• Oversee project modules - including developing hypotheses, managing data collection, and conducting comprehensive analyses to derive actionable insights.
• Collaborate with Partners in delivering high-quality consulting services, maintaining rigorous standards of excellence.
• Engage directly with clients, delivering presentations and nurturing executive relationships to foster continued collaboration.
• Support the development of junior staff, promoting a learning culture and facilitating skill enhancement.
  
  

What You'll Bring

We welcome candidates from diverse backgrounds who bring a range of skills and perspectives. Preference will be given to candidates with:

• 8-10 years of relevant experience in top-tier strategy consulting or experience in Life, General, Health, Reinsurance, or Asset Management sectors.
• An undergraduate or advanced degree from a respected academic institution.
• Thematic expertise in:
  
  • Strategy: portfolio growth, distribution, internationalization, M&A.
  • Operations: claims management, underwriting processes, technology integration.
  • Financial Effectiveness: risk assessment, capital allocation, regulatory compliance.
    
• Demonstrated success in leading and supporting diverse teams to achieve goals effectively under right deadlines and dynamic environments
• Strong analytical and problem-solving abilities, capable of transforming complex data into clear strategic insights.
• Flexibility and willingness to travel as needed for client projects.
  
  

Personal Attributes:

• Outstanding written and verbal communication skills, facilitating effective engagement with stakeholders at all levels.
• A proactive and growth-oriented mindset, eager to learn and contribute innovative solutions
• Creativity and readiness to propose novel ideas that address our clients' toughest challenges.
• A collaborative approach, valuing respect, inclusion, and teamwork.
  
  

Why Join Oliver Wyman's Asia Pacific Insurance & Asset Management Practice?

• Be Part of Our Growth Journey: Join us on an inspiring journey to help our clients transform their businesses and the industry, while expanding our market presence through collaboration across regional and global teams. Work closely with our talented colleagues from the Actuarial practice and across Marsh McLennan in a supportive and inclusive environment.
• Leverage Global Strengths: Access the broad resources and expertise of Marsh McLennan
• Inclusive Culture: Thrive in an environment that celebrates diversity, fosters open dialogue and supports collaboration
• Career Growth: Benefit from comprehensive training, mentorship and development opportunities designed to elevate your professional growth
  
  

Oliver Wyman, a business of Marsh McLennan (NYSE: MMC), is a management consulting firm combining deep industry knowledge with specialized expertise to help clients optimize their business, improve operations and accelerate performance. 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. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit oliverwyman.com, or follow on LinkedIn and X.

Marsh McLennan is committed to creating 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, or any other characteristic protected by applicable law.

Marsh McLennan 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 McLennan 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.

R_315222Seniority level

• Seniority levelNot Applicable

Employment type

• Employment typeFull-time

Job function

• Job functionEducation and Training
• IndustriesInsurance and Business Consulting and Services

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