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Oliver Wyman - Retail & Quotient - Engagement Manager

Marsh McLennan · Chicago, IL · $225,000–$240,000 a year · Full time

Posted Jun 24, 2025 · We last checked this listing on Oct 6, 2026

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Likely interview questions for this role

Written from this job description, not a generic list. Each one notes what the interviewer is really checking.

About your past

Tell me about an analytics or AI project you managed in retail or consumer goods.

What they are checking: Whether they have hands-on experience leading data work in a consumer setting.

Tell me about a time you managed a tough client stakeholder.

What they are checking: Whether they can keep a difficult relationship productive while still delivering the work.

How do you keep a team motivated through a long and difficult project?

What they are checking: Whether they look after team health while keeping delivery on track.

What would you do

Your data scientists and your strategy consultants disagree on the approach. How do you settle it?

What they are checking: Whether they can unite different working styles around the client's real question.

How do you get store managers to actually use a new AI tool?

What they are checking: Whether they understand frontline adoption, which decides whether retail AI creates value.

A client asks for more work than the budget covers. What do you do?

What they are checking: Whether they protect scope and economics while keeping the client satisfied.

About the work

A retailer's same-store sales are flat. How would you structure the problem?

What they are checking: Whether they break sales into traffic, conversion and basket and find the real driver.

How would you use AI to improve demand forecasting for a retailer, and how would you know it worked?

What they are checking: Whether they understand forecasting value and can measure accuracy in business terms like stockouts.

How would you build a business case for an AI pricing tool?

What they are checking: Whether they can estimate value with honest assumptions that a CFO would accept.

What are the risks of AI-driven pricing for a retailer's brand?

What they are checking: Whether they think about customer trust and fairness, not just margin gains.

Practice this interview out loud.

Offer builds a real interview for this exact role at Marsh McLennan from your resume and this job description, asks the questions one at a time, and tells you what landed. The first one is free.

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The full job description

As published by Marsh McLennan.

Company: Oliver Wyman Description: Who We Are? 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]. For more information, visit www.oliverwyman.com . Job Specification Practice Groups: Consumer, Telco, & Technology (CTT) & Performance Transformation (PT) Location: Boston, Chicago, New York, Dallas Role: Retail + Quotient - Engagement Manager Practice Overview: Consumer, Telco & Technology (CTT) In Consumer, Telco, and Technology (CTT), we see consumer-facing industries converging, with technology continuing to disrupt all business models, and B2C, B2B and B2B2C services models ever-growing. We are aiming to build new Partner connections by bringing together those serving consumer facing businesses, such as retailers, as well as technology, communications, media and services, in order to further elevate our narratives and exco-relevance while maintaining deep sub-sector capabilities. Retail Oliver Wyman is the leader in sustained impact for our clients in retail. We deliver significant improvements in our clients' sales growth and profitability – often in situations where the business model requires rejuvenation or reinvention. Our approach combines deep industry knowledge, state-of-the-art analytics, a willingness to roll-up our sleeves to dive into problems and the proven ability to achieve lasting change fast. Oliver Wyman supports the world’s largest retailers on their toughest merchandising and operational challenges. We have strong expertise and experience in food, mass, drug, home, office, and specialty sectors, combining strategy with tactical day-to-execution and decision-support. Oliver Wyman helps clients navigate disruptive new formats and changing consumer sentiments. Much of the work that we do involves cutting-edge analytics, including AI. Quotient With Quotient — AI by Oliver Wyman, we combine the firm’s proficiency in AI implementation, deployment, and strategic advisory with our deep industry expertise. We take pride in being impact-makers, assisting our clients in moving beyond the hype about the potential of AI to deliver real value and achieve meaningful outcomes. At the same time, we’re constantly looking ahead, striving to keep ourselves and the clients we serve at the forefront of technology. We’re prepared to embark on this exciting journey as we empower your organization to thrive in the ever-evolving AI landscape. Role Engagement Managers are critical leaders within our consulting team, working side-by-side with our clients. The position offers excellent career and growth opportunities for talented, highly motivated professionals with relevant prior experience. Initial responsibilities typically include: • 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 • Overseeing and guiding the consulting team as they develop hypotheses, review client information, and conduct client interviews, derive insights, and produce deliverables • Supporting Partners in project execution through excellent project management, including work planning, workflow management, and coaching / developing more junior team members Desired Skills and Experience Just as every client project is different, we recognize and value the diversity of backgrounds and skillsets for successful Engagement Manager candidates. We are seeking high-caliber individuals who want to join our winning team. Preference will be given to candidates with: • 4-7 years of relevant experience in strategy consulting with a top-tier strategy consulting firm (or other similar organization) • Track record of leading and managing teams, and delivering results in fast-paced, demanding environments • Strong background in strategic problem solving with demonstrable analytical skills • Outstanding written and verbal communication skills • Quantitative, technical toolkit including proficiency in SQL and Python • Machine learning, data science, AI/genAI capabilities preferred • Undergraduate or advanced degree from a top academic program • Client management experience • A passion for the creative process and a love for expansive and creative thinking • An analytical and rigorous approach to uncovering insights • Excellent verbal/written communication, facilitation and presentation skills • Versatility, flexibility, and a willingness to work within constantly changing priorities with enthusiasm • Impeccable judgment with the ability to make timely and sound decisions • A balance of humility and confidence, always seeking truth from a place of inquiry • Highly motivated and committed to excellence • An undergraduate or advanced degree from a top academic program • Willingness to travel 50% of the time, including internationally Why work at Oliver Wyman? Working as part of our global, entrepreneurial company, you’ll do meaningful work from day one. We’re looking for individuals who challenge the norm, and constantly strive to build something new for the firm and the world around us. At Oliver Wyman, there's no "one size fits all" - we hire exceptional people and help them thrive through a built-in support network, flexible career paths, and no artificial barriers to advancement. We have a collaborative, supportive and impactful team environment - we want you to bring your authentic self and enjoy working alongside diverse and down-to-earth colleagues who do serious work, but don't take themselves too seriously. Our Values & Culture 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 endeavor, 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. How to Apply If you like what you’ve read, we’d love to hear from you. If you’d like to learn more about the firm during your application process, please visit www.oliverwyman.com/careers . Oliver Wyman is an equal opportunity employer. Our commitment to diversity is genuine, deep and growing. We’re not perfect yet, but we’re working hard right now to make our teams balanced, representative and diverse. Unrestricted U.S. work authorization is required for U.S. office locations. Oliver Wyman does not offer sponsorship for this position. Please note that CPT and OPT are restricted forms of work authorization. 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 McLennan [NYSE: MMC]. For more information, visit www.oliverwyman.com . Follow Oliver Wyman on Twitter @OliverWyman. Marsh McLennan and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers. The applicable base salary range for this role is $225K to $240K. 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. 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 Oliver Wyman, a business of Marsh McLennan (NYSE: MMC), is a management consulting firm combining deep industry knowledge with specialized expertise to help clients optimize their business, improve operations and accelerate performance. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit oliverwyman.com, or follow on LinkedIn and X. Marsh McLennan is committed to embracing 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, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@mmc.com. Marsh McLennan 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 McLennan 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.

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