Marsh & McLennan Companies

Oliver Wyman- Advanced Degree Immersion Program- Health & Life Sciences


PayCompetitive
LocationChicago/Illinois
Employment typeFull-Time

This job is now closed

  • Job Description

      Req#: R_256830

      Company:

      Oliver Wyman

      Description:

      Oliver Wyman – Advanced Degree Immersion Program Health & Life Sciences

      Application Deadline: Monday, March 11th at 11:59 pm EST

      Please note, this application is for our Advanced Degree Immersion Program. Eligible candidates must currently be enrolled in an Advanced Degree program (e.g., PhD, post-Doc, MD, or PharmD) and plan to complete their degree in 2025. Top candidates will receive full-time offers for our Senior Consultant role. (Earliest start date September 2025.)

      About Us

      Oliver Wyman is a global leader in management consulting. With offices in 60 cities across 29 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 5,000 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.

      The Health & 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 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.

      Come aboard if you are excited by challenges and at ease working across cultures. You’ll find interesting people who speak their minds and measure success not by how many hours are worked but by what gets accomplished.

      The Program

      This is 2-day immersive program for Life Sciences Advanced Degree Candidates designed to provide participants with an in-depth view of health and life sciences strategy consulting at Oliver Wyman.

      The program will be in held in-person in May 2024 and will feature opportunities to:

      • Learn more about OW as a firm and the type of work we do in the HLS practice
      • Gain hands-on experience working through a simulated case with HLS consultants and present findings to senior management
      • Network with all levels of HLS staff

      Top candidates will receive full-time offers for our Senior Consultant role. Earliest available start date is September 2025.

      The PhD Senior Consultant Role

      • PhDs, MDs, and PharmDs play an integral client-facing or work-stream leadership role. The position offers excellent career and growth opportunities for talented, highly motivated professionals. We are seeking candidates for the Senior Consultant Level. Initial responsibilities could include:
      • Managing the execution of individual project modules; developing hypotheses, model creation and analyses, conducting primary and secondary research, and surfacing insights
      • Analytics and Problem Solving: Conduct client interviews related to data and process design to solve business problems, construct and lead data collection and analysis, produce client-ready deliverables
      • Client Relationship Management: Independently lead client interviews, run well organized meetings, act as the direct point of contact with client, effectively obtain feedback and address concerns
      • Supporting our Partner group in project delivery through accurate and high-quality project execution
      • Owning and developing executive client relationships and presenting to a wide range of audiences
      • Management of junior team; effectively providing leverage for the senior project staff
      • Professional Acumen: Demonstrate Oliver Wyman’s core values, high self-awareness, and effective communication skills

      Desired Skills and Experience


      Basic Requirements:

      • Bachelor’s degree required, PhD, MD, or PharmD degree (have completed by June 2025) in biology, chemistry, biomedical engineering, or other related life sciences field required
      • Strong background in conceptual problem solving and analytical skills
      • Ability to apply depth of content knowledge for thought leadership in project execution, and to develop new intellectual capital to support business development activities
      • Outstanding communication skills; confidence in presenting to senior executives
      • Willingness to travel
      • Full-time start dates will range from September 2025 to January 2026


      Preferred Requirements:

      • Primary (industry expert interviewing) & secondary (industry research, market profiling, journal review) research
      • Data synthesis, analytics (financial modeling, database creating & manipulation, market sizing)
      • Communication and presentation skills
      • Management and training of junior staff

      Locations:

      Immersion program: Boston, MA

      Full-time options include: New York, NY - Chicago, IL – Boston, MA – San Francisco, CA

  • About the company

      Marsh & McLennan Companies, Inc. is a global professional services firm, headquartered in New York City with businesses in insurance brokerage, risk management, reinsurance services, talent management, investment advisory, and management consulting.