At a Glance
- Tasks: Lead projects and solve complex problems for top financial clients.
- Company: Join Oliver Wyman, a global leader in management consulting.
- Benefits: Enjoy flexible working, competitive pay, and career development opportunities.
- Other info: Be part of an inclusive team that values diverse perspectives.
- Why this job: Make a real impact while working with talented professionals in a vibrant culture.
- Qualifications: 4-8 years of experience in strategy consulting and strong analytical skills.
The predicted salary is between 40000 - 50000 £ per year.
Who we are
Oliver Wyman is a global management consulting firm. We work with clients through their most defining moments, combining deep industry knowledge, specialized expertise, and the power of perspective to help them adapt, grow, and thrive. We believe diverse perspectives make the work stronger. Our consultants bring different backgrounds, experiences, and ways of thinking to help solve complex problems and create lasting impact for clients, colleagues, and communities. At Oliver Wyman, we are proud of the values that we aspire to live by. We are committed to creating an inclusive environment where everyone can thrive and reach their full potential.
Summary
The Banking & Financial Services team (within the Performance Transformation practice) continuously strives to be the trusted advisor for financial sector leaders, supporting them on their most critical and complex problems and delivering impact and transformations for them. Our portfolio of clients ranges from the top regional banks to investors, capital markets, insurers, central banks, and ministries of finance. Widely recognized as influential thought-leaders, we draw on a deep understanding of our clients' businesses and our own in-depth industry knowledge to develop sustainable strategies and cutting-edge policies for the top companies and governments in the region, working closely with senior executives and top leaders of regional governments. Our team is seeking extraordinary individuals with deep expertise to support our continued expansion in this sector, which is experiencing significant growth.
What You Will Do
Experienced professionals bring us the know-how to make lasting change for our clients and our company. We position ourselves as a pure player in strategy consulting. We provide deep industry- and discipline-specific knowledge and expertise, which amplifies our impact and helps us shape the future for our clients. 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.
- ASSOCIATES will break down complex problems into discrete tasks, identifying the key aspects of a problem and directing the focus of junior consultants to those elements. You will effectively plan and execute analysis as well as identify the core issues in complex analyses in order to be able to craft suitable recommendations. You will work side by side with clients and your project team members to move projects forward and manage small teams to get the work done. Clients and colleagues look to Associates for unique insight into the subject area which they have chosen.
- ENGAGEMENT MANAGERS are the on-scene leaders who run our projects day to day. You will lead the team through an efficient and effective problem-solving process from initial thought process through convergence on a solution. You will ensure that recommendations are correct, 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. You will need great communication skills and the ability to forge strong relationships.
What You Will Bring
Just as every client project is different, so we recognize and value the diversity of backgrounds and skillsets for successful candidates. We are seeking high-caliber individuals who want to join our winning team. Preference will be given to candidates with:
- At least 4-8 years of relevant experience, ideally with a top-tier strategy consulting firm (or similar organization)
- In-depth knowledge of the banking sector.
- Strong analytical and synthesis skills and ability to conduct and leverage sophisticated analyses to identify trends, draw conclusions and present recommendations
- Outstanding written and verbal communication skills in both formal and informal settings
- Fluency in English and one other language preferred (French, German, Spanish, Dutch)
- An 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
- Not just intelligence, but creativity too: you’ll be ready to come up with novel ideas to solve our clients’ biggest problems
- Have an aptitude for analytical work, like sniffing out clues in massive data sets or hunting down the key issues in a hugely complex challenge
- A willingness to work fluidly and respectfully with our incredibly talented team
Why join us?
You can be your best here. At Oliver Wyman, you will find meaningful work, talented people, and a culture built on trust, support, and growth.
- Create solutions that have impact
- Help clients solve their most defining technology and transformation challenges.
- Work on projects spanning digital strategy, AI, technology operating models, cyber resilience, and technology due diligence that create lasting value for clients and society.
- Be part of teams that measure success not just by deliverables, but by the difference created together.
- Develop as a leader
- Lead workstreams and develop expertise that colleagues and clients seek out.
- Mentor junior consultants while continuing to strengthen your own leadership capabilities.
- Take ownership of client relationships and increasingly complex engagements.
- Learn without limits
- Continue developing specialist expertise through challenging projects, formal learning, and collaboration with global technology experts.
- Work alongside colleagues across industries and capabilities while building your own Technology Innovation profile.
- Build a sustainable career supported by coaching, mentoring, career advisors, talent managers, and learning opportunities across the firm.
- Thrive in a vibrant and inclusive culture
- Work with genuine colleagues who stand by their beliefs, collaborate across differences, and support one another.
- Be part of an open, inclusive, and entrepreneurial culture where diverse perspectives strengthen our work.
- Connect with colleagues through employee resource groups, office communities, and social activities.
- Experience rewards that work for you
- We believe in flexibility, including hybrid working, and in helping colleagues build sustainable careers.
- Over time, you'll have access to opportunities, programs, and experiences designed to help you perform, grow, and thrive—including non-profit fellowships, sabbaticals, and externships.
- Enjoy competitive local benefits designed to support your well-being, development, and life outside work.
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 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit oliverwyman.com, or follow us on LinkedIn and X. 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, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, 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. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at reasonableaccommodations@marsh.com. 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.
Oliver Wyman- Banking & Financial Services / Associate / Engagement Manager- London employer: Marsh McLennan
Marsh McLennan is an exceptional employer, offering a vibrant and inclusive work culture that fosters professional growth and development. As a Pensions Risk Transfer Consultant in Greater London, you will have the opportunity to make a meaningful impact on clients and communities while managing diverse portfolios and leading projects. With a commitment to employee well-being and continuous learning, Marsh McLennan stands out as a rewarding place to build your career.
StudySmarter Expert Advice🤫
We think this is how you could land Oliver Wyman- Banking & Financial Services / Associate / Engagement Manager- London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Marsh McLennan. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Oliver Wyman- Banking & Financial Services / Associate / Engagement Manager- London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Marsh McLennan.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Marsh McLennan's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Marsh McLennan
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Marsh McLennan.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Marsh McLennan will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Marsh McLennan employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.