Insurance and Asset Management Finance & Risk team – Associate or Engagement Manager – UK & Continental Europe in City of Westminster

Insurance and Asset Management Finance & Risk team – Associate or Engagement Manager – UK & Continental Europe in City of Westminster

City of Westminster Full-Time 54000 - 66000 £ / year (est.) Home office (partial)
M

At a Glance

  • Tasks: Lead project management in Finance & Risk for Insurers and Asset Managers.
  • Company: Join Oliver Wyman, a global leader in risk and management consulting.
  • Benefits: Flexible work environment, diverse culture, and opportunities for professional growth.
  • Other info: Dynamic workplace with a commitment to diversity and inclusion.
  • Why this job: Make a real impact with innovative solutions in a collaborative team.
  • Qualifications: 3+ years in consulting or insurance, strong communication, and problem-solving skills.

The predicted salary is between 54000 - 66000 £ per year.

The role will be based in one of the following cities: London, Munich, or Amsterdam.

PRACTICE OVERVIEW

Oliver Wyman’s Insurance and Asset Management practice draws upon our industry expertise, strategic thinking, analytical insight and market-leading intellectual capital to create value for leading property and casualty, life, and health insurers and reinsurers. We also help private capital clients to identify and evaluate opportunities in the insurance space to deliver superior returns on their funds. We operate at the C-suite level and have established a reputation for deep industry expertise and impactful advice. The practice is growing rapidly and now wishes to add talented and motivated individuals to the high-calibre team.

ROLE AND RESPONSIBILITIES

We offer specialised industry knowledge and expertise that amplifies our impact and shapes the future for our clients. Our team members in Insurance and Asset Management are all specialists in the field. This role will be part of our Insurance and Asset Management practice, with a primary focus on Finance & Risk for Insurers and Asset Managers (FRIAM). The primary responsibility of this role is project management, where you will lead the team through an efficient and effective problem-solving process, guiding them from initial thoughts to a solution. You will ensure that recommendations are appropriate, practical, sensible, relevant, and cohesive. This position requires strategic thought leadership, as well as a strong command of technical and operational execution. Excellent communication skills, the ability to mentor junior team members, and the capacity to build strong relationships are essential.

DESIRED SKILLS AND EXPERIENCE

  • Minimum of 3 years of relevant experience with a top-tier consulting firm or alternatively, minimum 3 years of experience working at a large insurer, with an emphasis on insurance and asset management expertise.
  • Knowledge of finance and/or risk management topics, including technical aspects such as Solvency II/UK internal models and credit risk modelling.
  • Proven track record in project management, coupled with strong experience in effectively managing teams.
  • Strong problem solving and analytical skills.
  • Outstanding written and oral communication skills in both formal and informal settings.
  • Track record of taking the initiative, seeking out opportunities to learn new skills and put the ones you’ve already got to good use.
  • Demonstrated creativity, capable of generating innovative ideas to solve our clients' most pressing challenges.
  • Undergraduate or advanced degree from a top academic program.

WHY WORK AT OLIVER WYMAN?

At Oliver Wyman, a Marsh (NYSE: MRSH) business, we bring deep industry insight, bold innovation, and a collaborative approach that cuts through complexity to help organizations navigate their most defining transformative moments. As a business of Marsh, we work alongside the world’s leading experts across risk, reinsurance and capital, people and investments, and management consulting. Together with Marsh Risk, Guy Carpenter, and Mercer, we help organizations build resilience and competitive advantages from every angle. Working as part of our global, entrepreneurial company, you will do meaningful work from day one. We are looking for individuals who challenge the norm, and constantly strive to build something new for the firm and the world around us. At Oliver Wyman, there's no 'one size fits all' - we hire exceptional people and help them thrive through a built-in support network, flexible career paths, and no barriers to advancement. We have a collaborative, supportive and impactful team environment - we want you to bring your authentic self to the team and enjoy working alongside diverse and down-to-earth colleagues who do serious work, but who enjoy what they do. Oliver Wyman has a genuine, deep and growing commitment to culture and diversity. We’re not perfect, but we’re working hard right now to make our teams balanced, representative and diverse.

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.

Insurance and Asset Management Finance & Risk team – Associate or Engagement Manager – UK & Continental Europe in City of Westminster employer: Marsh

Marsh is an excellent employer that fosters a dynamic work culture in the vibrant locations of Plymouth and Newquay, offering employees the chance to thrive in a supportive environment. With a strong emphasis on professional development and growth opportunities, team members are encouraged to enhance their skills while contributing to meaningful client relationships. The company also values resilience and ambition, making it an ideal place for those looking to make a significant impact in their careers.

M

Contact Details:

Marsh Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Insurance and Asset Management Finance & Risk team – Associate or Engagement Manager – UK & Continental Europe in City of Westminster

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. 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 Insurance and Asset Management Finance & Risk team – Associate or Engagement Manager – UK & Continental Europe in City of Westminster

Project Management
Problem-Solving Skills
Analytical Skills
Communication Skills
Team Management
Finance Knowledge
Risk Management Knowledge

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.

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'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

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.

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 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 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.