Marsh McLennan

Oliver Wyman - Customer Innovation & Growth - Payments Practice - Associate/Engagement Manager

Marsh McLennan$190K — $240K *
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in management consulting, ideally within financial services or payments
  • Strong analytical skills with the ability to break down complex problems
  • Proven experience leading small teams and managing projects
  • Excellent communication skills for effective client and team engagement
  • Track record of delivering strategic insights and recommendations
  • Demonstrated ability to work collaboratively in a diverse team environment

Responsibilities

  • Break down complex problems into manageable tasks for analysis
  • Direct junior consultants to focus on key aspects of client issues
  • Plan and execute comprehensive analyses to identify core issues
  • Craft strategic recommendations based on thorough analysis
  • Lead day-to-day project operations as an Engagement Manager
  • Ensure recommendations are practical, relevant, and cohesive
  • Forge strong relationships with clients and team members throughout the project lifecycle

Benefits

  • Performance-based pay program rewarding individual and corporate contributions
  • Access to year-end bonuses based on performance
  • Comprehensive health and wellness benefits
  • Opportunities for professional development and growth
  • Flexible work environment promoting work-life balance
  • Diverse and inclusive workplace culture fostering innovation
Full Job Description
Company:
Oliver Wyman

Description:

Our Payments team works with constituents across the payments value chain to deliver insights with real impact, combining deep industry expertise with powerful consulting capabilities. We draw on deep payments expertise from years of work with banks, merchants, networks, fintechs, processors, and investors in driving for impact for our clients in payments.

A few recent examples of client work include:
  • Development of a comprehensive retail payments strategy for a major bank
  • Open banking innovation for several financial institutions and consortiums
  • M&A due diligence of leading payments companies
  • Corporate strategy for several large payments networks; work spans Asia, EMEA and North America
  • Global payments strategy for a leading digital retailer
  • Partnership strategy development/review for multiple leading merchants
  • Growth acceleration plan of an innovative merchant cash management product
  • Formation of a joint venture to develop and launch a new, innovative mobile payments proposition


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.

Unrestricted U.S. work authorization is required for U.S. office locations. Oliver Wyman does not offer sponsorship for this position. Please note that CPT and OPT are restricted forms of work authorization.

The applicable base salary range for this role is $190,000 to $240,000.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, educations, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In additional to the base salary, this position is eligible for performance -based incentives.

Oliver Wyman offers a performance-based pay program that rewards colleagues for the contributions they make to our business results, including year-end bonuses based on personal and corporate performance. We also offer an impressive array of benefits. Explore all the benefits offered at US Benefits | Marsh McLennan.

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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