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Job description
Principal
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. Oliver Wyman is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC).
Oliver Wyman's Energy practice distinguishes itself by the value it creates for clients. We bring deep industry knowledge and state-of-the-art problem-solving capabilities and tools tailored to the needs of our clients. Oliver Wyman helps utilities and energy companies address strategic and operational challenges through proven, results-oriented approaches: we assist our clients to examine and pursue new market, product / service and acquisition opportunities; develop strategies and plans to address market shifts and regulatory challenges; increase customer satisfaction, loyalty and earnings; and optimize operations and organizational effectiveness.
The Principal 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, but are not limited to:
Providing day to day leadership of client projects and aspects of the client relationship and commercial process within those relationships, teaming with Partners and shares responsibility for the success of a specific engagement(s)
Leading and managing complex programs to ensure on-time delivery that meets agreed upon goals, leveraging Oliver Wyman best practice, their own expertise and the firm's technical competence
Guiding and influencing clients in an informed way across all situations including execution of the commercial process, becoming trusted advisors.
Engaging fully in building business by identifying new and expanded opportunities
Creating exciting and additive intellectual capital through thought leadership, and are knowledgeable on a broad range of adjacent topics.
Developing others and build a followership as part of their asset building for the firm
Leading firm building activities, seen as a role model for firm values with a strong personal brand within and outside of the firm and are well regarded by Partners, peers, and clients
Principals 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 :
8+ years' experience strategy consulting is preferred, but a combination of strategy consulting and Trading Strategy & Risk industry experience will be considered
Expert-level practice-specific knowledge in energy & commodities — oil, gas/LNG, power; metals or ags a plus.
Strategic mindset and transformation credentials: we're looking for people who have shaped and led change (operating models, risk frameworks, commercial strategy), NOT technical specialists, ETRM/CTRM implementation expertise is not in focus.
Strong quantitative foundation (derivatives, risk measurement) without needing to be a pure quant; familiarity with how AI/ML is being applied in trading and risk is a plus.
Executive presence and client-facing potential, as these hires will advise leadership teams.
Houston strongly preferred. NYC/Chicago candidates considered if open to Houston travel or relocation. US-based with existing US work authorization (firm requirement)
A strong background in strategic problem solving with demonstrable analytical skills.
Outstanding written and verbal communication skills in both formal and informal settings.
Know how to take the initiative, seeking out opportunities to learn new skills and put the ones you've already got to good use.
Not just intelligence, but creativity too: you'll be ready to come up with novel ideas to solve our clients' biggest problems.
Have an aptitude for analytical work, like sniffing out clues in massive data sets or hunting down the key issues in a hugely complex challenge.
We're serious about making OW a rewarding, progressive, enjoyable and balanced place to work.
Self starters and free thinkers who work well in a team
We are individuals who are self starting, motivated, energetic, entrepreneurial about what we do
Common aspiration, collective endeavour, shared success
We have the common aspiration to have an impact, leave a legacy and change the world. We have no interest in running a steady-state business. We want to build, grow and shape the environment around us
Straightforward, open, respectful interaction
We value an environment where every member of Oliver Wyman is encouraged and expected to voice his or her opinion
Opportunity without artificial barriers
We value merit and believe that to create a true meritocracy we need to remove artificial barriers to opportunity
Balanced lives We value people whose lives balance work and non-work activities because we believe they are both more interesting colleagues and are able to make better contributions to the Firm. We push ourselves hard to deliver excellence, but we also work to extract the maximum benefit from the flexibility of a project-based business. We provide the ability to take career breaks for personal or family reasons. We fundamentally value each other's time, and are sensitive to how it is used. We are an output not input-based culture, have respect for people's personal decisions, and believe that one's workload must be sustainable. We seek balance for ourselves and our colleagues.
The applicable base salary range for this role is $250,000 – 265,000 USD
The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education, and any applicable minimum wage requirements. 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.
Worksite address
boston, MA, 02298, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.