MBA 2025 Summer Associate (Internship) Health & Life Sciences Practice

Company:

Description:

About Us

Oliver Wyman is a global leader in management consulting. With offices in 70+ cities across 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. Our almost 7,000~ professionals help clients 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]. For more information, visit www.oliverwyman.com.

Job Specifications

Job Title:                   2025 Summer Associate

Department:             Health & Life Sciences Group

Office/Regions:        Boston, Chicago, New York, San Francisco

The Practice

The HLS practice mission is to “transform healthcare through the relentless pursuit of a better way.” The team works with C-suite and senior executives and management teams in the Health Insurance, Health Services, Retail Health, Pharmaceuticals, Biotechnology, Healthcare Provider, Health IT, Pharmaceuticals, Biotechnology, and Medical Devices Industry on wide ranging issues of strategic impact. We help our clients define a road map for future growth and optimize performance of their current operations.  We are leaders in value-based, consumer-centric healthcare and focus our impact on access, quality, experience and cost. We support the development of innovative, cutting-edge treatments that have a measurable impact on patient’s lives.

In addition, we operate the Oliver Wyman Health Innovation Center (OWHIC) to develop and promote market driven solutions to the crisis of high cost and poor quality that afflicts the healthcare systems of the developed

world. Based on the deep healthcare expertise of Oliver Wyman and drawing on a network of innovative leaders

across industries, OWHIC identifies and disseminates the ideas and practices that will transform healthcare. Our

goal is to create a healthcare system driven by innovation and the needs and desires of consumers, creating value

for companies and the public alike.

Our consulting approach is distinguished by a combination of industry expertise, strategic orientation, analytical rigor, and implementation experience. We are one of the fastest growing practices in Oliver Wyman, and offer unique opportunities for talented individuals to have transformative impact in the rapidly changing healthcare market while advancing their own careers in a meritocratic environment.

About The Role

Summer Associates join our practice for 10 weeks (from early June – early August) to work in teams and directly with our clients. Our internship offers excellent growth opportunities for talented, highly motivated professionals. As a professional member of our firm, your initial responsibilities will include:

• Managing the execution of individual project modules; developing hypotheses, model creation and analyses, conducting primary and secondary research, and surfacing insights
• Supporting our Partner group in project delivery through accurate and high quality project execution
• Owning and developing executive client relationships and presenting to a wide range of audiences
• Collaborating with junior team members and peers to effectively provide leverage for the senior project staff

Desired Skills and Experience

Associates serve as the primary contact point for senior client executives and Oliver Wyman consultants staffed on client engagements. The ideal candidate will have the following: 

• Currently enrolled in top MBA program
• Minimum 3-4 years of experience in project-based, team-oriented environments
• Track record of leading and managing teams and delivering against tight deadlines in fast paced and demanding environments
• Strong background in conceptual problem solving and analytical skills
• Ability to apply depth of content knowledge for thought leadership in project execution, and to develop new intellectual capital to support business development activities
• Outstanding communication skills; confidence in presenting to senior executives
• Willingness and ability to travel regularly
• Previous management consulting experience or experience in Health Services (particularly insurers or providers) or Life Sciences, is preferred

Our Values & Culture

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 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.

Application Process:

• You must submit an application directly via Oliver Wyman’s website (www.oliverwyman.com/careers).
  • If we recruit at your school, please also apply through your school’s portal.
• Please include your GMAT on your resume

Intern Compensation: The applicable pay for this role is $3,650 USD Weekly.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education. 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.

Unrestricted U.S. work authorization is required. Oliver Wyman does not offer sponsorship for this position. (Please note that CPT and OPT are forms of restricted work authorization.)