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Oliver Wyman Group
Washington, District Of Columbia, United States
(on-site)
Posted
13 hours ago
Oliver Wyman Group
Washington, District Of Columbia, United States
(on-site)
Job Type
Full-Time
Oliver Wyman Actuarial - Business Impact Manager
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Oliver Wyman Actuarial - Business Impact Manager
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
Company OverviewOliver 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 more than 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].
The Actuarial Practice of Oliver Wyman works with companies to manage property and casualty, life and annuity, and healthcare risks across a broad range of industries. Our firm assists with quantification of risk and loss exposures, and provides advice on external business strategy, internal risk management, implications of mergers and acquisitions, and new product development. We use mathematical and statistical modeling skills and our qualitative assessment methodologies to assist our clients in evaluating and addressing risk. We offer solutions so our clients may manage and prepare for the potential financial consequences of uncertain future events.
Job Overview:
Oliver Wyman Actuarial is seeking an exceptionally qualified candidate for a Senior Business Impact Manager position to provide business operations support to the Health Practice Leader and Health Leadership Team. The Senior Business impact manager will play a critical role in supporting these leaders to own and drive key initiatives, execute on practice objectives, facilitate effective communication and smooth day-to-day operations for the Health team.
This position will involve close collaboration and partnership across all levels of the Actuarial Health Practice along with cross-functional teams, and Oliver Wyman's Health and Life Sciences management consultants. This role requires an effective operator who is eager and able to "roll up their sleeves" to drive work quickly, has exceptional organizational abilities, and possesses outstanding diplomacy and interpersonal skills enabling them to engage, build trust, and inspire individuals at all levels.
Key Responsibilities:
- Manage operational functions: Ensure the smooth operational running of the business for the Health Practice across a range of areas: problem resolution, drafting presentations and communications, managing the action list, staying abreast and ahead of trends. Own key elements of the operational functions for the Actuarial Health team, including coordinating and/or delivering elements of key processes such as budgeting, staffing, recruiting, training & mentorship, business development, etc.
- Drive implementation of key initiatives: Identify and implement improvements in operational processes, enhancing efficiency and effectiveness in day-to-day activities. Deliver strategic decision support analyses to practice leadership, leveraging data, analysis, and problem-solving skills to enable informed decision-making. Collaborate with HR, Finance and IT to streamline internal workflows and support scalable growth.
- Meeting and project management: The effective running of practice operations and leadership meetings including crafting agendas, preparation of presenters, meeting management and meeting outcomes and action items. Ensure timely delivery and strong "upward management" of operational activities such that the Practice Leader and other key stakeholders receive regular progress updates, including proactively flagging delivery risks or delays. Coordinate resources and track project milestones.
- Internal communications: Facilitate communication and collaboration to achieve common goals. Prepare necessary reports and presentations for senior management.
- Build trust with key stakeholders across the business: Build trust and maintain relationships with internal and external stakeholders, including the Health Actuarial staff at all levels and others across the OW and Marsh family.
- Support building and monitoring of practice strategy: Support leadership team to develop and implement strategic plans that align with the organization's goals and objectives. Monitor progress and provide insights to ensure successful execution. Increase visibility into business performance and client impact.
- Provide ad hoc support to Practice Leader: Stay very closely aligned to the Health Practice Leader, flexing priorities with agility as leadership needs evolve. Deliver a wide range of ad hoc pieces of work as they arise.
- 7+ years of relevant full time work experience; prior experience in consulting and/or the insurance industry beneficial but not required.
- 3+ years of experience working with or supporting the C-suite or senior level leadership team
- Experience handling highly confidential, sensitive, and business-critical issues.
- Demonstrated ability to build relationships and trust at the highest levels.
- Proven track record of managing complex projects and driving strategic initiatives from ideation to completion.
- Prior client/executive-facing experience with demonstrated ability represent oneself and the company well.
- Proficient in Microsoft Office products (Outlook, Word, Excel, PowerPoint; Project and Visio a bonus), Adobe Acrobat, and the aptitude to learn customized company software programs; Smartsheet and Microsoft Power BI is a plus.
- Excellent written and verbal communication skills, including experience in creating and delivering effective presentations to senior leadership and internal and/or external leadership communications.
- Willingness to travel as needed to support the business.
- Excellent project manager, who inclusively convenes relevant stakeholders to produce high-quality work and ensure high-quality output from others. Ability to manage multiple priorities and deadlines in a fast-paced environment while maintaining attention to detail and understand when to escalate issues appropriately and respectfully.
- Deep understanding of staffing models, resource allocation, and project staffing dynamics, with the ability to optimize utilization and improve forecasting accuracy.
- Experience leading process redesign initiatives to enhance operational efficiency, including implementing tools or systems to improve visibility into project and resource status.
- Ability to adapt and thrive in a fast-paced, highly visible and evolving work environment; have a growth oriented, service-minded leadership philosophy.
- Excellent communication and presentation skills, with the ability to convey complex information in a clear and compelling manner.
- Strong problem-solving skills, with a demonstrated ability to analyze complex issues, develop creative solutions and drive results.
- Results oriented with a focus on achieving measurable results and outcomes.
- Have a high level of integrity, discretion, and professionalism when handling sensitive and confidential information.
- Exceptional interpersonal skills, with the ability to build relationships through influence rather than authority and engage stakeholders at all levels.
- A Role Model on the team - always approachable and consistently demonstrates a positive attitude and inclusive behavior.
The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.
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.
The Actuarial Practice of Oliver Wyman advises clients across a broad spectrum of risk management issues. We are a rapidly growing group with offices expanding across the globe. Our actuaries hold the highest professional qualifications and are nationally recognized as experts in their field(s). We use mathematical and statistical modeling skills and our qualitative assessment methodologies to assist clients in evaluating and addressing risk. Our solutions help clients manage and prepare for the potential financial consequences of uncertain future events. We bring a combination of broad-based expertise with specialized knowledge of specific risks, allowing us to provide independent, objective advice in the three primary areas of risk: healthcare, life and annuity, and property and casualty.
Marsh McLennan 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, 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, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@mmc.com.
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.
Requisition #: MAMCGLOBALR332850EXTERNALENGLOBAL
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Job ID: 81490161

Marsh
Insurance
United States
MMC (Marsh & McLennan Companies) is the premier global professional services firm providing advice and solutions in risk, strategy and human capital. Through our market leading brands, colleagues in more than 100 countries help clients identify, plan for and respond to critical business issues and risks.
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