Business Impact Manager

Business Impact Manager

Full-Time 70000 - 90000 £ / year (est.) Home office (partial)
MMC Ventures

At a Glance

  • Tasks: Support business growth and manage key projects in a dynamic team environment.
  • Company: Join Oliver Wyman, a leading global consulting firm with a collaborative culture.
  • Benefits: Enjoy hybrid work flexibility, competitive salary, and opportunities for professional development.
  • Other info: Diverse and inclusive workplace with great career advancement opportunities.
  • Why this job: Make a real impact by driving strategic initiatives in the financial services sector.
  • Qualifications: 7+ years in consulting, strong project management, and excellent communication skills.

The predicted salary is between 70000 - 90000 £ per year.

About 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.

Why we need you

The APR BIT supports the growth of Oliver Wyman APR by seamlessly enabling regional management activities. The Business Impact Manager will work as part of the Business Impact Team (BIT) to support our regional business priorities and growth. The role will primarily support our regional Practice Leaders in facilitating business development and internal management activities and help drive global and regional processes, compliance and best practices within the remit.

The role will also be responsible for identifying improvement opportunities, recommending and implementing agreed improvement plans, best practices and efficiency increasing initiatives as well as following through on key global and regional processes and KPIs. Within the APR BIT, this role for a Business Impact Manager will support the Financial Services which include Banking & Financial Services practice and Insurance and Asset Management practice.

What we will count on you to do

  • Practice Management
    • Support the relevant Industry and/or Capability head in execution of day-to-day Practice to-do list
    • Act as a central point of contact for practice staff (Partners, affiliated consultants and specialists), support departments and EAs to ensure and facilitate the effective management of the practice
    • PMO responsibilities, track actions and ensure follow-up; support any ad-hoc initiatives for the practice
    • Support the practice head with comms, material development for regional and global meetings, work seamlessly with other support functions on reporting and business updates
    • Drive and coordinate execution of special projects aligned to the Practice’ top strategic priorities, drawing on resources and expertise from across the regional teams and from the wider firm, globally
    • Serve as point person for Practice Partners and for Partners outside the respective teams looking to understand and access practice content, talent, and capabilities
    • Plan and drive key all internal practice meetings, e.g. partner meetings, all staff updates, events, offsites, etc.
    • Liaising with the Practice Partners and the internal support teams to ensure compliance / best practice in relevant processes eg. MIS support, Partner objective setting, etc.
    • Work with Finance and market team Partner group to ensure proper management and tracking of investment budget, investments and return
    • Coordinate closely with Finance, KM, and Talent Analytics to develop and produce MIS to inform strategy and internal brand building efforts
  • Commercial Effectiveness Support
    • Provide specific client/Business Development (BD) support including driving the Practice commercial effectiveness priorities

What you’ll need to have

The ideal candidate should possess a strong background in strategic project management, with extensive experience in high-level stakeholder management and team leadership. Exceptional communication and organizational skills are essential for this role.

The ideal candidate will possess 7+ years of experience in a consulting or professional services firm, ideally in the financial services sector.

We expect these skills and attributes in the ideal candidate:

  • Ownership mentality, strong client service focus
  • Strong organization skills and excellent attention to detail
  • Able to independently manage a varied work volume with conflicting priorities and meet deadlines
  • Able to maintain and respect confidentiality with experience of dealing with business-critical issues
  • Experience in creating compelling business presentations
  • Sense of urgency and able to make good decisions under pressure
  • Resilient with experience of dealing with challenging and senior stakeholders
  • Collaborative team player with a positive attitude
  • Flexible and able to adapt to change
  • Problem solver with good judgement
  • Execution focused – strong focus on getting the job done

Marsh 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 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.

Business Impact Manager employer: MMC Ventures

Mercer is an exceptional employer that prioritises professional development and fosters a vibrant, inclusive culture in the heart of Hong Kong. With a commitment to hybrid work, employees enjoy the flexibility of remote collaboration while benefiting from engaging with talented colleagues and impactful projects. The company offers a range of career opportunities and rewards that enhance employee well-being, making it an ideal place for those seeking meaningful and rewarding employment.

MMC Ventures

Contact Details:

MMC Ventures Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Business Impact Manager

Tip Number 1: Get Involved in Consulting Case Competitions

Look for case competitions hosted by universities and consulting firms. They’re a fab way to showcase your problem-solving skills and meet industry players. Plus, winning one can seriously boost your CV, which we know is key when applying for roles like Business Impact Manager at MMC Ventures!

Tip Number 2: Leverage Alumni Networks

Tap into your university’s alumni network; many consultants love to help out new talent. Reach out to alumni who are working in management consulting, they might have insider knowledge about openings at firms like MMC Ventures or be willing to refer you for that Business Impact Manager position!

Tip Number 3: Attend Industry Events and Conferences

Keep an eye on management consulting events, workshops, or panels. These are prime opportunities to network with top professionals and get your name out there. You might even bump into someone from MMC Ventures who’s on the lookout for their next Business Impact Manager star!

Tip Number 4: Polish Your Consulting Skills Online

Engage with online platforms that offer consulting simulations or courses. Prove your chops by completing relevant projects — this not only beefs up your experience but also gives you concrete examples to chat about during interviews for that full-time Business Impact Manager role at MMC Ventures!

We think you need these skills to ace Business Impact Manager

Strategic Project Management
Stakeholder Management
Team Leadership
Communication Skills
Organisational Skills
Attention to Detail
Business Development Support

Some tips for your application 🫡

Show Your Problem-Solving Skills:In management consulting, it's all about problem-solving—so make sure your CV highlights your analytical and critical thinking skills. Include examples from your studies or previous roles where you tackled complex issues or came up with innovative solutions. Quantify your achievements whenever possible to demonstrate your impact!

Tailor Your Cover Letter:Your cover letter is your chance to explain why you're a perfect fit for the consulting world. Focus on your motivation for joining the industry and how your skills align with the requirements of the role at MMC Ventures. Remember to mention any relevant coursework or projects that showcase your understanding of strategic frameworks or business models!

Highlight Team Experience:Consultants often work in teams, so it's vital to showcase your collaborative skills. Include experiences where you've worked effectively with others, whether in academic group projects or internships. Discuss your role in the team and how you helped achieve common goals, demonstrating you can thrive in a consultancy environment.

Professionalise Your Online Presence:Make sure your LinkedIn and any other professional profiles are up to date, reflecting your career aspirations in management consulting. Connect with industry professionals and follow relevant groups—show you’re serious about entering this field. Applying through our website is a great way to get noticed, so showcase your personality and enthusiasm there!

How to prepare for a job interview at MMC Ventures

Master the Case Study Game

In management consulting, case study interviews are all the rage. Make sure to practice structuring your thoughts and analysing data on the fly. Use resources like example case studies to get comfortable with frameworks and solutions. Remember, it’s not just about getting the right answer but showcasing your thought process, so talk us through your reasoning!

Know Your Numbers

Be prepared for some numerical and analytical questions. Brush up on your mental math and be ready to interpret data from charts or graphs. We might throw some business scenarios at you that require a quick turnaround on numerical analysis, so practice these skills to feel confident and swift!

Show Your Leadership Flair

As this is a full-time role, we want to see your potential as a seasoned consultant. Be ready to discuss experiences where you've led a project or a team. Think about times you've influenced decisions or navigated challenges—this is your chance to show how you can thrive in a fast-paced, collaborative environment.

Be a Cultural Fit

We’re not just looking for brains; we want to see if you vibe with our company culture at MMC Ventures. Prepare to share how your values align with ours. Have a think about what makes a great team environment for you and how you can contribute to that. A good cultural fit goes a long way in management consulting!