Level

Marsh McLennan

Oliver Wyman - Associates/Engagement Managers/Principals - Banking & Financial Services and Insurance & Asset Management - Tokyo

AI in this role

Company:

Oliver Wyman

Description:

About Oliver Wyman

At Oliver Wyman, a Marsh (NYSE: MRSH) business, we bring deep industry insight, bold innovation, and a collaborative approach that cuts through complexity to help organizations navigate their most defining transformative moments.

As a business of Marsh, we work alongside the world’s leading experts across risk, reinsurance and capital, people and investments, and management consulting. Together with Marsh Risk, Guy Carpenter, and Mercer, we help organizations build resilience and competitive advantages from every angle. With annual revenue over $27 billion and more than 95,000 colleagues in 130 countries, Marsh helps build the confidence to thrive through the power of perspective.

For more information, visit oliverwyman.com.

Practice overview

Our Banking & Financial Services and Insurance & Asset Management practices partner with banks, insurers, asset managers, payments providers, wealth managers, and adjacent financial services firms to solve their most complex challenges and unlock transformative opportunities. Combining deep sector specialization and rigorous, fact‑based analysis across retail and wholesale banking, payments, wealth and asset management, reinsurance and capital, and insurance operations, we deliver high‑impact work at the intersection of business strategy, technology, regulation, customer experience, and risk — addressing capital and liquidity management, regulatory compliance, digital and AI‑driven transformation, sustainable finance, and performance improvement.

What you will do

Principals

  • Provide end-to-end leadership on complex engagements and serve as a senior advisor to client executives; shape engagement strategy, solution design, and implementation approaches.
  • Own and expand client relationships: identify commercial opportunities, lead pursuit efforts, and play a principal role in contracting and scope definition.
  • Generate thought leadership and intellectual capital to advance the practice and support business development.
  • Lead, develop, and retain talent: build capability across teams, participate in hiring and performance discussions, and foster a high-performing culture.

Engagement Managers

  • Lead day-to-day delivery of workstreams: structure problems, develop hypotheses, design and execute quantitative and qualitative analyses, and synthesize findings into clear, implementable recommendations.
  • Manage and mentor project teams: allocate work, coach junior staff, ensure quality, and drive efficient execution to meet deadlines.
  • Own client interactions: present findings, manage expectations, and maintain trusted working relationships with client stakeholders.
  • Support Principals and Partners in delivery and deal execution, including input to proposals, pitches, and client follow-up.

Associates

  • 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. 
  • Support Principals and Partners in delivery and deal execution, including input to proposals, pitches, and client follow-up.
  • Owning and developing executive client relationships, presenting to a wide range of audiences, and working day-to-day with clients and other stakeholders. 
  • Coaching consultants and helping them develop their skill sets 

What you will bring:

  • 4–6 years of professional experience for Associates, 6–8 years for Engagement Managers, and 8–10 years for Principals—preferably gained in top-tier strategy consulting or other project-based, team-oriented environments.
  • Deep subject-matter expertise in financial services - broad exposure or depth in a sub-sector (e.g., retail banking, corporate banking, payments, wealth, insurance).
  • Proven track record managing teams or major workstreams and delivering high-quality outputs under tight timelines.
  • Demonstrated success leading large, complex projects and multiple teams; track record of delivering measurable client impact.
  • Exceptional problem-structuring, analytical rigor, and pragmatic judgment.
  • Strong interpersonal skills, emotional intelligence, and an inclusive, collaborative leadership style.
  • Outstanding communication skills and executive presence; experience influencing C-suite or board-level stakeholders (for Engagement Managers and Principals)
  • Strong commercial acumen: proven ability to identify, pursue and win new business and expand client engagements (for Principals)
  • Undergraduate and/or advanced degree from a top academic program.
  • Fluency in Japanese (N1) and English is required
  • Willingness to travel

Oliver Wyman is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit oliverwyman.com, or follow us on LinkedIn and X. 

Marsh is committed to creating 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, or any other characteristic protected by applicable law.

Marsh 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 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.

How we rate this

Oliver Wyman - Associates/Engagement Managers/Principals - Banking & Financial Services and Insurance & Asset Management - Tokyo at Marsh McLennan rates 34 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

  1. ●●●● Builds AI80 to 100
  2. ●●●○ Works on AI60 to 79
  3. ●●○○ Uses AI40 to 59
  4. ●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Open the description and count.

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