Any fish here work in Oliver Wyman’s insurance practice? Looking for a change and would like to network. I also worked at MMC so I have some familiarity with the culture there.

Posting as :
works at
You are currently posting as works at

Growing like crazy but tough hours

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Sure, What Q do you have?

What kind of projects?

Thanks OW2 - what kind of projects do you tend to see? Is it more performance improvement type of work or are you guys also doing insurance program reviews/policy reviews, broker rfp’s and program assessments/benchmarking? At EY we essentially have two groups in insurance, one that works specifically with carriers on PI and underwriting implementation, and another group that focuses on the insurance practices within other industries.

Also, what kind of travel do you typically encounter? Do most of the folks in your practice come from industry (broker,uw/risk management backgrounds) or are mostly come from other consulting firms

Hi there,
Of course we do have a couple of regulatory projects as well but at least from what I can see a lot of our projects are very much strategy type of projects - also some cost programs. I’ve been with insurance for 4 years now and doing 60% strategy, 25% cost :-) and 5% regulatory stuff.

On hiring - mostly internal consultants of course but also some Big4 especially for the less strategy insurance practices (eg actuarials etc). We also hire some people from INS strategy departments - but this is rather on an exceptional case basis.
On travels - I only travel - never had a „home“ project.

Hope I could be of help

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