Oliver Wyman Partner & Supervisory Principal

Company:

Description:

Entity: Oliver Wyman division of Marsh Securities LLC (FINRA / SEC-registered broker-dealer)

Reports to: Head of Oliver Wyman Actuarial and Global Insurance & Asset Management and CEO of Marsh Securities

Location: New York preferred

About the Opportunity

Oliver Wyman (OW) is establishing a broker-dealer capability as a division of Marsh Securities to extend its leading Life insurance and asset-management advisory franchise into transaction-based activities. The initial focus is directly tied to work the firm already performs: Life sidecar capital raising and selected Life M&A advisory mandates, in a market defined by the convergence of insurance balance sheets and private capital, the expanded use of sidecars and reinsurance vehicles, and continued insurer / asset-manager M&A.

This is a foundational hire that will anchor a credible launch. We are seeking a life insurance transactions leader who can serve as the firm’s registered supervisory principal while also acting as a banker on live mandates - bringing the transaction pedigree, regulatory discipline, and supervisory experience needed to build the capability from day one.

Role Summary

As Partner & Supervisory Principal, you will oversee securities activities across sidecar fundraises and M&A mandates in the life insurance transactions space. You will also lead and co-lead execution on live transactions, mentor newly licensed bankers, and partner with Marsh Securities to stand up the supervisory, compliance, and operating framework for the new division.

Key Responsibilities

Supervision

• Serve as the General Securities Principal (Series 24) for the OW division.

• Oversee capital raising and investment banking/M&A activity in the life insurance space

• Team with the newly licensed cohort, including review and approval of engagements, pitch materials, and transaction activity.

• Establish and enforce engagement approval gates, deal and pitch review, investor solicitation controls, and suitability standards, in partnership with Marsh Securities compliance.

• Ensure compliance with general broker-dealer operations, including licensing, recordkeeping, books and records, and financial responsibility rules

• Maintain information barriers and distinction between licensed and non-licensed personnel and activity

• Ensure all activities comply with WSPs and SEC and FINRA requirements, including anti-money laundering requirements

Transaction Execution / Investment Banking

• Lead and co-lead execution on Life sidecar capital raises and Life / reinsurance M&A mandates, including process design, structuring, investor engagement, and negotiation.

• Bring senior credibility and judgment to live transactions.

• Help shape offer architecture, pricing, client conflict protocols, and escalation rights for transaction-based mandates.

Launch & Build

• Partner with OW Support Functions and leadership teams to stand up the OW division within Marsh Securities.

• Help define permissible activities for licensed and non-licensed personnel and the controls that govern them.

• Support a controlled, credible launch and the selection and execution of pilot mandates.

• Mentor and develop newly licensed colleagues, building durable execution capability.

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Required Qualifications

• Active FINRA registrations: SIE, Series 7 (General Securities Representative), Series 63, Series 79 (Investment Banking Representative), and Series 24 (General Securities Principal).

• Supervisory experience: demonstrated track record as a registered principal supervising registered representatives in a broker-dealer.

• Transaction experience: significant investment banking / transaction experience in Life insurance, reinsurance, sidecars or structured vehicles, and / or insurance M&A and capital raising.

• Strong command of the regulatory framework governing investor solicitation, transaction-based compensation, conflicts, and information barriers.

• Senior presence and judgment suitable for representing the franchise with institutional investors, insurers, reinsurers, and asset managers.

• Experience operating within a matrixed advisory or professional-services environment.

Preferred Qualifications

• Experience standing up or scaling a broker-dealer function, new product area, or transaction capability from launch.

• Deep network across Life insurers, reinsurers, asset managers, and private-capital sponsors active in the Life sector.

• Familiarity with Bermuda entity formation, reinsurance structures, and structured vehicles.

About Oliver Wyman

Oliver Wyman is a global leader in management consulting. With offices in more than 70 cities across 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 6,000 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 business of Marsh [NYSE: MRSH]. For more information, visit www.oliverwyman.com. Follow Oliver Wyman on Twitter @OliverWyman.

Marsh and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.

The applicable base salary range for this role is $300K-450k.

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.