The Health and Life Sciences Practice

The HLS practice mission is to “transform healthcare through the relentless pursuit of a better way.” The team works with C-suite and senior executives and management teams across the health and life sciences industry, including Health Insurance, Health Services, Retail and Consumer Health, Healthcare Providers, Health IT, Pharmaceutical, Biotechnology, Medical Device and Diagnostics companies, on wide-ranging issues of strategic impact. We help our clients define a road map for future growth and optimize performance of their current operations. We are leaders in value-based, consumer-centric healthcare and focus our impact on access, quality, experience and cost. We have the expertise needed to help health and life sciences companies address their most pressing strategic questions by delivering critical commercial, marketing, development, portfolio, pricing & market access strategy, and R&D guidance.

In addition, we operate the Oliver Wyman Health Innovation Center (OWHIC) to develop and promote market-driven solutions to the crisis of high cost and poor quality that afflicts the healthcare systems of the developed world. Based on the deep healthcare expertise of Oliver Wyman and drawing on a network of innovative leaders across industries, OWHIC identifies and disseminates the ideas and practices that will transform healthcare. Our goal is to create a healthcare system driven by innovation and the needs and desires of consumers, creating value for companies and the public alike.

Our consulting approach is distinguished by a combination of industry expertise, strategic orientation, analytical rigor, and implementation experience. We are one of the fastest growing practices in Oliver Wyman, and offer unique opportunities for talented individuals to have transformative impact in the rapidly changing healthcare and life sciences markets while advancing their own careers in a meritocratic environment.

Role

The Associate position offers excellent career and growth opportunities for talented, highly motivated professionals with significant prior experience. As a professional member of our firm, your initial responsibilities will include:

• Managing the execution of individual project modules. This typically includes developing hypotheses, managing data collection, model creation and analyses, conducting primary and secondary research, creatively tackling information limitations, and surfacing insights.
• Supporting our Partner group in project delivery through accurate and high-quality case execution
• Owning and developing executive client relationships, presenting to a wide range of audiences, and working day-to-day with clients and other stakeholders.
• Reporting to Engagement Managers and Principals, effectively seeking guidance on technical and senior-level steer to projects
• Coaching consultants and helping them develop their skill sets

Desired Skills and Experience

Associates serve as the primary contact point for senior client executives and Oliver Wyman consultants staffed on client engagements. While specific responsibilities will vary based on previous experience the ideal candidate will have the following:

• 4-6 years of experience in strategy consulting and/or industry experience
• Strong background in conceptual problem solving and analytical skills
• Track record of leading and managing teams and delivering against tight deadlines in fast-paced and demanding environments
• Outstanding communication skills; confidence in presenting to senior executives
• Undergraduate or advanced degree from a top academic program
• Willingness to travel

About Oliver Wyman

Oliver 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 6,000 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].

For more information, visit www.oliverwyman.com. Follow Oliver Wyman on Twitter @OliverWyman.

Marsh McLennan and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.

The applicable base salary range for this role is $190K - $195K.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education. 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.

#hls

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.

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.