Oliver Wyman - Risk Delivery Team - Summer Internship 2025 - Newcastle

Company: Oliver Wyman Description: Risk Delivery Team - Intern - Newcastle This role is open for penultimate and final-year students. Who We Are 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. 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. What is the Risk Delivery Team? The Risk Delivery Team is not your typical Oliver Wyman team. For a start, we focus on implementation rather than strategy. And we have big ambitions to change the way people think about implementation consulting. But, it’s not just what we do that makes us different; it’s how we do it. You can bring your whole self to this team. We’re all about authenticity, development, and fun – yes, fun. Our culture is what sets us apart and it’s going to help us realize our goal of creating a team of implementation superheroes. Some more detail: we’re a relatively new team – formed in 2023 in Amsterdam, Milan and London. And we do meaningful work that makes a real difference to clients. We optimize credit-risk models and processes to solve complex problems for leading banks and financial institutions. Here are some examples of the type of work we do: Developing a new Advanced Internal Rating-Based Approach (AIRB) credit risk model for the Mortgages portfolio of a G-SIB Leading the end-to-end implementation of a new credit decisioning process Orchestrating complex regulatory programs in the area of credit risk (e.g. IFRS9) What you will do Internships at Oliver Wyman provide a true taste of life as a consultant and unique preparation for a full-time role.  During your internship, you’ll work on challenging projects that have a significant impact on our clients You’ll be a full team member, with responsibility for a distinct piece of work that will help the team deliver breakthrough impact.  As a member of your project team you’ll work alongside colleagues of all levels and clients worldwide to solve complex problems and drive meaningful change.   You’ll learn our core business skills, including how to structure your daily tasks.  You will be developing hypotheses, managing data collection, model creation and analyses, Conducting primary and secondary research, creatively tackling information limitations, presenting insights, supporting the delivery of projects  What do we look for in applicants?  Just as every client project is different, we recognize and value the diversity of backgrounds and skillsets for successful candidates. We are seeking high-caliber individuals who want to join our growing team. Preference will be given to candidates with: Students or recent graduates with an undergraduate or advanced degree are eligible to apply for this vacancy (ideally in Mathematics, Computer Science, Engineering, Economics or Finance from a top academic program) Coding knowledge in at least one of Python, SAS or R (Matlab, SQL is nice to have) Fluency in English (an Italian for our position in Milan) We look for people who display initiative, intuition, and creativity with a strong problem solving and analytical mindset. We value extracurricular activities and evidence of leading an interesting and impactful life outside of your studies.  Why join us?   Come aboard if you are excited by challenges and want to work across different cultures.  We want you to step out of your comfort zone and embrace your curiosity.  You’ll learn on the job via our apprenticeship model. Much of your focus will be on research and analysis, and you may also have opportunities to begin developing your communication, presentation, and client-management skills.  You’ll find genuine colleagues who stand by their beliefs and measure success by the lasting impact you create together.   We believe in flexibility, including the opportunity of hybrid working. You are also invited to join our sport groups and social activities.  Our values & Culture We create breakthroughs to achieve the amazing Be brave: We stand behind our beliefs while exploring what drives them. We stand up for what is right and persevere through difficulty. We venture into the unknown, staying open to our greatest possibilities. Lead with heart: We build relationships with clients and colleagues that last, grounded in transparency, authenticity, and trust. We love what we do and have fun while we do it. And we combine this passion with rigor and skill to drive sustainable performance. Strive for breakthroughs: We bring deep expertise and profound curiosity to the pursuit of ambitious ideas and uncommon insights. We ask bigger questions, seek diverse perspectives, and challenge ourselves to find the most powerful and sustainable solutions. Work as one: We succeed as a unified team of colleagues and clients, achieving together what separately would be beyond our reach. We care for and develop one another. We learn from differences, overcome divisions, and celebrate our shared achievements. Own your impact: We act as entrepreneurs and stewards of the firm. We own the journey, acting with integrity at every step. And we own our impact, holding ourselves to the highest standards to deliver stronger results for our clients, better opportunities for each other and lasting change for society.  Click here to return to the MMC Careers Site Marsh McLennan (NYSE: MMC) is the world's leading professional services firm in the areas of risk, strategy and people. The Company's 76,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $17 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh advises individual and commercial clients of all sizes on insurance broking and innovative risk management solutions. Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations meet the health, wealth and career needs of a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients. For more information, visit mmc.com, follow us on LinkedIn and Twitter @mmc_global or subscribe to BRINK.