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If that's the case, you will have a very high probability of being on at least one such project. Not so far as being stuck into a career of it, but there are lots of risk projects and as a first year consultant you don't get your first choice all the time. That said, risk projects are often strategic as well. And insurance projects aren't about actuarial tables either -- we don't do any actuarial work except in our actuarial practice that recruits separately -- they're often about creating new products or sales force models, etc.
There's lots of non-risk FS work out there and in the long run, if you don't want to specialize in risk then you won't. But it's hard to do FS and never touch risk - partly because risk is central enough to FS companies that if you ignore it you'll make terrible strategy recommendations.
Why do you want to work there if you don't like the work they do?
Grad school placement, I like FS work but strategy, not risk, I loved the people there, the pay is excellent, the rate of progression... etc. But if folks here say that there's a good chance, no matter how high I perform, that I don't get strategy work and get stuck in risk or insurance, then that's a deal breaker.
You have an MBA offer? If so, is it to FS?
Undergrad
So still generalist, I mean. Thanks in advance for any insight.
And what city?
New York