Marsh McLennan

Oliver Wyman - Commercial Effectiveness - Senior Consultant, Associate, Engagement Manager

Marsh McLennan$135K — $225K *
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4-7 years of relevant experience in strategy consulting, preferably related to consumer clients and commercial effectiveness
  • Proven track record in leading teams and delivering results in demanding environments
  • Strong analytical and strategic problem-solving skills
  • Outstanding written and verbal communication abilities
  • Undergraduate or advanced degree from a top academic program
  • Experience in client management and developing trusted advisor relationships
  • Willingness to travel approximately 50%, including internationally

Responsibilities

  • Own significant workstreams in client engagements and ensure quality and timely delivery
  • Structure complex business problems and identify necessary analyses
  • Conduct rigorous qualitative and quantitative analyses, translating findings into actionable insights
  • Build trusted relationships with clients and confidently contribute to discussions
  • Develop compelling deliverables and communicate recommendations effectively through presentations
  • Support Engagement Managers in project execution and proactive issue resolution
  • Guide and mentor junior team members, ensuring quality of their deliverables
  • Contribute to developing intellectual capital and thought leadership for the firm
  • Support business development and identify opportunities within existing client relationships
  • Engage in firm-building initiatives and strengthen internal networks

Benefits

  • Comprehensive health and welfare benefits
  • Tuition assistance for continued education
  • 401K savings and retirement programs
  • Employee assistance programs
  • Performance-based incentives may be available
Full Job Description
Job Specification

Practice Groups: Performance Transformation (PT) & Commercial Effectiveness (CE)

Location: New York, San Francico, Boston, Chicago, Washington DC, Toronto, Dallas

Role: Commercial Effectiveness - Senior Consultant, Associate, Engagement Manager

Commercial Effectiveness

The Commercial Effectiveness practice within Performance Transformation drives profitable revenue growth through services like pricing strategy, go-to-market design, and sales force effectiveness embedded in transformational programs. What sets us apart is deep industry experience, data-driven methods, and tailored solutions that balance consistency with market-specific needs, helping clients capture growth and sustain competitive advantage

Role

Senior Consultant / Associate

Senior Consultants / Associates are core members of Oliver Wyman's consulting teams, taking significant ownership of project work while working closely with clients, Engagement Managers, and Partners. The position offers strong career and growth opportunities for talented, highly motivated professionals who demonstrate excellent analytical, problem-solving, and interpersonal skills. Initial responsibilities typically include:
  • Owning significant workstreams within client engagements, taking responsibility for the quality and timely delivery of analyses, insights, and recommendations.
  • Structuring complex and ambiguous business problems, developing hypotheses, and identifying the analyses and information required to test them.
  • Conducting rigorous quantitative and qualitative analysis, synthesizing findings, and translating them into clear, actionable insights for clients.
  • Working closely with clients on a day-to-day basis, building trusted relationships with client counterparts and contributing confidently to client discussions, interviews, and working sessions.
  • Developing compelling client deliverables and effectively communicating findings and recommendations through presentations and discussions.
  • Supporting Engagement Managers and Partners in project execution through effective work planning, prioritization, and proactive identification and resolution of issues.
  • Providing day-to-day guidance, coaching, and feedback to more junior team members, including Consultants and Analysts, and helping ensure the quality of their work.
  • Contributing to the development of intellectual capital and thought leadership by bringing new perspectives, expertise, and insights to client and firm topics.
  • Supporting business development activities, including research, proposal development, and identification of potential opportunities within existing client relationships.
  • Contributing actively to firm-building initiatives, recruiting, and the broader Oliver Wyman community while developing expertise and a strong internal network.


Engagement Manager

Engagement Managers are critical leaders within our consulting team, working side-by-side with our clients. The position offers excellent career and growth opportunities for talented, highly motivated professionals with relevant prior experience. Initial responsibilities typically include:
  • Providing day to day leadership of client projects and aspects of the client relationship and commercial process within those relationships, teaming with Partners and shares responsibility for the success of a specific engagement(s)
  • Leading and managing complex programs to ensure on-time delivery that meets agreed upon goals, leveraging Oliver Wyman best practice, their own expertise and the firm's technical competence
  • Guiding and influencing clients in an informed way across all situations including execution of the commercial process, becoming trusted advisors.
  • Engaging fully in building business by identifying new and expanded opportunities
  • Creating exciting and additive intellectual capital through thought leadership, and are knowledgeable on a broad range of adjacent topics.
  • Developing others and build a followership as part of their asset building for the firm
  • Leading firm building activities, seen as a role model for firm values with a strong personal brand within and outside of the firm and are well regarded by Partners, peers, and clients
  • Overseeing and guiding the consulting team as they develop hypotheses, review client information, and conduct client interviews, derive insights, and produce deliverables
  • Supporting Partners in project execution through excellent project management, including work planning, workflow management, and coaching / developing more junior team members


Desired Skills and Experience

Just as every client project is different, we recognize and value the diversity of backgrounds and skillsets for successful Engagement Manager candidates. We are seeking high-caliber individuals who want to join our winning team. Preference will be given to candidates with:
  • 4-7 years of relevant experience in strategy consulting with a top-tier strategy consulting firm (or other similar organization), with preference for experience supporting consumer clients on topline growth, pricing strategy, or other commercial effectiveness topics
  • Track record of leading and managing teams, and delivering results in fast-paced, demanding environments
  • Strong background in strategic problem solving with demonstrable analytical skills
  • Outstanding written and verbal communication skills
  • Undergraduate or advanced degree from a top academic program
  • Client management experience
  • A passion for the creative process and a love for expansive and creative thinking
  • An analytical and rigorous approach to uncovering insights
  • Excellent verbal/written communication, facilitation and presentation skills
  • Versatility, flexibility, and a willingness to work within constantly changing priorities with enthusiasm
  • Impeccable judgment with the ability to make timely and sound decisions
  • A balance of humility and confidence, always seeking truth from a place of inquiry
  • Highly motivated and committed to excellence
  • An undergraduate or advanced degree from a top academic program
  • Willingness to travel 50% of the time, including internationally


Additional background on our team and work

Commercial excellence engagements frequently cut across the following:
  • Optimizing commercial levers:
    • Sales force and channel optimization: account management, field sales and territory design, multichannel sales
    • Pricing, packaging, and promotions: B2C transactional and subscription models, B2B pricing, packaging, and large contract revenue management, after-sales pricing, discounting and promotional effectiveness
    • Marketing effectiveness: marketing ROI, loyalty program design, customer value management / "ADR", test and-learn platform, propensity modelling, and digital campaign optimization
  • Creating new propositions:
    • Commercial strategy: competing with disruptors, price repositioning strategy, market entry and growth acceleration
    • New value propositions: future market stimulation, business design and launch
    • Product and service offering: bundling and tariff design, ancillary revenue strategy / "add-ons", own-brand development, customer experience design
  • Enabling organizations to achieve both:
    • Tools and dashboards: visibility & control platform, B2B and B2C sales and pricing tools
    • Technology: 3rd party vendor assessment, agile datamarts, and commercial effectiveness tools (e.g. pricing systems, sales incentive systems, e-commerce platforms, digital go-to-market enablers)
    • Commercial organization: pricing organization design, talent retention, salesforce incentives and compensation design
    • Change enablement: building governance, training programs, and performance management processes to ensure sustainable adoption


Some examples of our recent work include:
  • Re-designing SaaS pricing and packaging for a PE-owned software player and quantifying price ranges for each of the packages sold
  • Rapid pricing diagnostic for a growth-stage, PE-owned mortgage appraisal software player to identify ~5-10 high criticality, actionable pricing and packaging value creation levers
  • Upskilling a PE-owned B2B services organization to renegotiate 100+ customer contracts to drive margin impact
  • Developing a pricing organization and operating model for a legacy manufacturer incl. team size, responsibilities, tools, and governance
  • Leading a sales turnaround for an industrial gas supplier, including right-sizing the organization, redefining roles of reps, creating new roles and key account structures, and developing a communication program for leadership
  • Implementing discounting controls for a global travel operator, redesigning commission structures, policies, and systems
  • Designing incentive plans and scorecards for a leading insurance broker, driving 10% sales growth and 20% margin expansion


Beyond client delivery, our practice also invests in developing proprietary IP, tools, and thought leadership (e.g., frameworks, white papers, and case studies) to advance client impact.

The applicable base salary range for this role is $135,000 - $225,000.

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

About Marsh McLennan

Marsh McLennan Careers

Join the exceptional team at Marsh McLennan, a global leader in professional services, offering unparalleled job opportunities in insurance, risk management, and consultancy. As the company propels forward, it invites dedicated professionals to contribute to a culture of innovation, leadership, and growth.

Work You’ll Do

At Marsh McLennan, you will engage with complex challenges that push the boundaries of your skills and knowledge. Our team thrives on diversity and the shared goal of delivering impactful solutions to our clients worldwide. By joining us, you will be part of a culture that values diversity training and leadership development, ensuring every team member is equipped for success.

Explore Professional Growth

Marsh McLennan is committed to the professional growth of its employees. Whether you are seeking a position that offers a path to leadership or looking for robust internship programs to kickstart your career, Marsh McLennan provides the resources and global platform to propel your ambitions into achievements. Our benefits package is designed to support the well-being and continuous professional development of all staff, from entry-level to senior leadership roles.

Innovative Work Environment

Our company is at the forefront of industry innovation. The collaboration between experienced professionals and fresh talent generates dynamic solutions that keep Marsh McLennan at the cutting edge of the industry. Our team is encouraged to lead with creativity and embrace new ideas, driving the company’s legacy of pioneering industry-first solutions.

Join Our Team

Marsh McLennan is hiring! Explore the multitude of job opportunities on our careers page, from strategic advisory roles to operational excellence positions. We look for passionate, curious, and solution-driven team players. Enhance your career with Marsh McLennan, where your skills will be honed through challenging projects and high-impact strategies.

Networking and Career Advancement

Networking at Marsh McLennan opens doors to enriching connections and countless opportunities within the industry. Our professionals benefit from an environment that fosters networking through events, professional groups, and collaborative projects. With Marsh McLennan, career advancement is not just a possibility—it is an expectation.

Prepare for Your Interview

Ready to apply? Make sure your resume highlights your most relevant experiences and skills tailored to the position you are applying for. Our interview process is designed to understand your capabilities and fit with our team’s goals and values. Prepare to discuss how your background, experiences, and professional aspirations align with the opportunities at Marsh McLennan.

Stay Connected

Keep up to date with the latest from Marsh McLennan: - **Career Insights**: Gain insider perspectives and industry-leading insights through our careers blog. - **Job Alert Emails**: Personalize your subscription to receive job alerts and the latest news tailored to your preferences. Discover the rewarding career opportunities awaiting at Marsh McLennan, where your professional journey is just the beginning. Join us in shaping a future defined by insight, integrity, and innovation.
Learn more about Marsh McLennan
Size
83,000 employees
Market Cap
$82.6 billion
Industry
Net Income
$2 billion
Founded
1914
5 Year Trend
+8.5%
Revenue
$17.2 billion
NASDAQ

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